FRZCF (Frasers Centrepoint Trust) Scaled Net Operating Assets: 0.96 (As of Mar. 2026)


FRZCF Frasers Centrepoint Trust FRZCF
87 GF Score
Price $1.73
GF Value $1.74
! 7 Warning Signs
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What is Frasers Centrepoint Trust Scaled Net Operating Assets?

Frasers Centrepoint Trust FRZCF 87 Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus rates FRZCF with a GF Score™ of 87/100 and a GF Value™ of $1.74. The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Frasers Centrepoint Trust's operating assets for the quarter that ended in Mar. 2026 was $5,877.6 Mil. Frasers Centrepoint Trust's operating liabilities for the quarter that ended in Mar. 2026 was $175.4 Mil. Frasers Centrepoint Trust's Total Assets for the quarter that ended in Sep. 2025 was $5,925.3 Mil. Therefore, Frasers Centrepoint Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.96.


Frasers Centrepoint Trust Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Frasers Centrepoint Trust's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frasers Centrepoint Trust Scaled Net Operating Assets Chart

Frasers Centrepoint Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 0.93 1.07 1.02 1.14

Frasers Centrepoint Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 1.00 0.94 1.18 0.96

FRZCF vs SPG, O, KIM: Scaled Net Operating Assets Comparison

For the REIT - Retail subindustry, Frasers Centrepoint Trust's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frasers Centrepoint Trust Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Frasers Centrepoint Trust's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Frasers Centrepoint Trust's Scaled Net Operating Assets falls into.


FRZCF
87GF Score
Frasers Centrepoint Trust FRZCF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Centrepoint Trust Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Frasers Centrepoint Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(5841.599-221.529)/4923.108
=1.14

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5925.299 - 83.7
=5841.599

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2234.267 - 1697.995 - 314.743
=221.529

Frasers Centrepoint Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(5877.639-175.413)/5925.299
=0.96

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5994.995 - 117.356
=5877.639

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2256.103 - 2000.268 - 80.422
=175.413

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.96 mean?
Frasers Centrepoint Trust (FRZCF) has a Scaled Net Operating Assets of 0.96 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Frasers Centrepoint Trust and its competitors.
Is Frasers Centrepoint Trust's Scaled Net Operating Assets too high?
Frasers Centrepoint Trust's current Scaled Net Operating Assets is 0.96. Overall, Frasers Centrepoint Trust has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Frasers Centrepoint Trust's Scaled Net Operating Assets compare to SPG and O?
Frasers Centrepoint Trust's Scaled Net Operating Assets of 0.96 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Frasers Centrepoint Trust and its competitors. Frasers Centrepoint Trust's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Centrepoint Trust stock overvalued right now?
Frasers Centrepoint Trust (FRZCF) has a current Scaled Net Operating Assets of 0.96. The stock's GF Value™ is $1.74, compared to a current price of $1.73 — trading 0.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.96. Frasers Centrepoint Trust's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Frasers Centrepoint Trust (FRZCF), the current Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Frasers Centrepoint Trust (FRZCF) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Centrepoint Trust stock appears to be undervalued. The current stock price of $1.73 is trading 0.6% below its estimated GF Value™ of $1.74.

Key valuation signals for FRZCF:

  • Scaled Net Operating Assets: 0.96
  • GF Value™: $1.74 vs. price of $1.73 (0.6% below fair value)
  • GF Score™: 87/100 with 7 warning signs

No single metric tells the full story. See the FRZCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frasers Centrepoint Trust Business Description

Industry Real EstateREITs
Other Exchanges J69U:Singapore
Address 438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Centrepoint Trust is a real estate investment trust listed on the Singapore Exchange that predominantly invests in suburban retail assets in Singapore. Its portfolio consists of nine retail malls (of which two are not wholly owned) and one office property with a total valuation of SGD 8.4 billion as at March 31, 2026. The trust is externally managed by Frasers Centrepoint Asset Management, a wholly owned subsidiary of Frasers Property, which has a 38% direct and indirect interest in FCT.
87GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.73
Price
$1.74
GF Value