Far East Hotels & Entertainment (HKSE:00037) Scaled Net Operating Assets: 0.90 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00037 Far East Hotels & Entertainment Ltd HKSE:00037
36 GF Score
Price HK$0.50
GF Value HK$0.38
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Far East Hotels & Entertainment Scaled Net Operating Assets?

Far East Hotels & Entertainment HKSE:00037 36 Scaled Net Operating Assets is 0.90 as of Mar. 2026. GuruFocus rates HKSE:00037 with a GF Score™ of 36/100 and a GF Value™ of HK$0.38 (Modestly Overvalued). The stock has 2 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.

Far East Hotels & Entertainment's operating assets for the quarter that ended in Mar. 2026 was HK$290.59 Mil. Far East Hotels & Entertainment's operating liabilities for the quarter that ended in Mar. 2026 was HK$6.58 Mil. Far East Hotels & Entertainment's Total Assets for the quarter that ended in Sep. 2025 was HK$315.60 Mil. Therefore, Far East Hotels & Entertainment's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.90.


Far East Hotels & Entertainment Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Far East Hotels & Entertainment'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.

Far East Hotels & Entertainment Scaled Net Operating Assets Chart

Far East Hotels & Entertainment Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.79 0.77 0.79 0.88

Far East Hotels & Entertainment 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 0.79 0.84 0.85 0.89 0.90

HKSE:00037 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Far East Hotels & Entertainment'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.


Far East Hotels & Entertainment Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Hotels & Entertainment's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Far East Hotels & Entertainment's Scaled Net Operating Assets falls into.


HKSE:00037
36GF Score
Far East Hotels & Entertainment Ltd HKSE:00037
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Far East Hotels & Entertainment 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.

Far East Hotels & Entertainment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(290.594-6.578)/323.007
=0.88

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=310.438 - 19.844
=290.594

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.091 - 1.091 - 8.422
=6.578

Far East Hotels & Entertainment'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 )
=(290.594-6.578)/315.601
=0.90

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=310.438 - 19.844
=290.594

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.091 - 1.091 - 8.422
=6.578

* 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 0.90 mean?
Far East Hotels & Entertainment (HKSE:00037) has a Scaled Net Operating Assets of 0.90 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 Far East Hotels & Entertainment and its competitors.
Is Far East Hotels & Entertainment's Scaled Net Operating Assets too high?
Far East Hotels & Entertainment's current Scaled Net Operating Assets is 0.90. Overall, Far East Hotels & Entertainment has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Far East Hotels & Entertainment's Scaled Net Operating Assets compare to CBRE and BEKE?
Far East Hotels & Entertainment's Scaled Net Operating Assets of 0.90 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 Far East Hotels & Entertainment and its competitors. Far East Hotels & Entertainment's current Scaled Net Operating Assets is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far East Hotels & Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Far East Hotels & Entertainment (HKSE:00037) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$0.50 — trading 30.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.90. Far East Hotels & Entertainment's overall GF Score™ is 36/100 with 2 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 Far East Hotels & Entertainment (HKSE:00037), the current Scaled Net Operating Assets is 0.90 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 Far East Hotels & Entertainment (HKSE:00037) Overvalued in 2026?

Based on GuruFocus' analysis, Far East Hotels & Entertainment stock appears to be overvalued. The current stock price of HK$0.50 is trading 30.3% above its estimated GF Value™ of HK$0.38. GuruFocus considers Far East Hotels & Entertainment to be Modestly Overvalued.

Key valuation signals for HKSE:00037:

  • Scaled Net Operating Assets: 0.90
  • GF Value™: HK$0.38 vs. price of HK$0.50 (30.3% above fair value)
  • GF Score™: 36/100 with 2 warning signs

No single metric tells the full story. See the HKSE:00037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Far East Hotels & Entertainment Business Description

Address 200 Gloucester Road, Suite 1902, 19th Floor, The Sun’s Group Centre, Wanchai, Hong Kong, HKG
Far East Hotels & Entertainment Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, the company operates in the following reportable segments: Hotel operation in Hong Kong, Property investment in Hong Kong, Property investment overseas, and Securities investment and trading. The majority of the group's revenue is generated from the Hotel operation in Hong Kong segment, which operates the Cheung Chau Warwick Hotel in Hong Kong. Geographically, it generates maximum revenue from Hong Kong, and the rest from overseas markets.
36GF Score

Get the complete analysis for HKSE:00037

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

HK$0.50
Price
HK$0.38
GF Value