FSRPF (Frasers Property) Scaled Net Operating Assets: 0.86 (As of Mar. 2026)


FSRPF Frasers Property Ltd FSRPF
52 GF Score
Price $0.83
GF Value $0.61
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Frasers Property Scaled Net Operating Assets?

Frasers Property FSRPF -9.80% 52 Scaled Net Operating Assets is 0.86 as of Mar. 2026. GuruFocus rates FSRPF with a GF Score™ of 52/100 and a GF Value™ of $0.61 (Significantly Overvalued). The stock has 11 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 Property's operating assets for the quarter that ended in Mar. 2026 was $29,760 Mil. Frasers Property's operating liabilities for the quarter that ended in Mar. 2026 was $3,140 Mil. Frasers Property's Total Assets for the quarter that ended in Sep. 2025 was $30,939 Mil. Therefore, Frasers Property's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.86.


Frasers Property Scaled Net Operating Assets Historical Data

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The historical data trend for Frasers Property'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 Property Scaled Net Operating Assets Chart

Frasers Property 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 0.87 0.79 0.86 0.88 0.85

Frasers Property 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 0.85 0.86 0.81 0.89 0.86

Frasers Property Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Diversified subindustry, Frasers Property'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 Property Scaled Net Operating Assets vs Real Estate Industry

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

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


FSRPF
52GF Score
Frasers Property Ltd FSRPF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Property 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 Property'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 )
=(29100.528-3170.595)/30591.273
=0.85

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30939.222 - 1838.694
=29100.528

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17590.96 - 12212.526 - 2207.839
=3170.595

Frasers Property'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 )
=(29759.585-3140.031)/30939.222
=0.86

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31295.034 - 1535.449
=29759.585

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17938.286 - 12014.186 - 2784.069
=3140.031

* 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 0.86 mean?
Frasers Property (FSRPF) has a Scaled Net Operating Assets of 0.86 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 Property and its competitors.
Is Frasers Property's Scaled Net Operating Assets too high?
Frasers Property's current Scaled Net Operating Assets is 0.86. Overall, Frasers Property has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frasers Property's Scaled Net Operating Assets compare to competitors?
Frasers Property's Scaled Net Operating Assets of 0.86 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Property and its competitors. Frasers Property's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property (FSRPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.61, compared to a current price of $0.83 — trading 36.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.86. Frasers Property's overall GF Score™ is 52/100 with 11 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 Property (FSRPF), the current Scaled Net Operating Assets is 0.86 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 Property (FSRPF) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property stock appears to be overvalued. The current stock price of $0.83 is trading 36.1% above its estimated GF Value™ of $0.61. GuruFocus considers Frasers Property to be Significantly Overvalued.

Key valuation signals for FSRPF:

  • Scaled Net Operating Assets: 0.86
  • GF Value™: $0.61 vs. price of $0.83 (36.1% above fair value)
  • GF Score™: 52/100 with 11 warning signs

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


Frasers Property Business Description

Other Exchanges TQ5:Singapore1IQ:Germany
Address 438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Property Ltd owns, develops, and manages a diverse, integrated portfolio of properties. Its assets range from residential, retail, commercial, and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. The company's operating segments include Singapore, Australia and Industrial, Hospitality, Thailand & Vietnam, and Others. It generates the majority of the revenue from the Singapore segment.
52GF Score

Get the complete analysis for FSRPF

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

$0.83
Price
$0.61
GF Value