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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Capital Estate's operating assets for the quarter that ended in Jan. 2026 was HK$534.56 Mil. Capital Estate's operating liabilities for the quarter that ended in Jan. 2026 was HK$47.26 Mil. Capital Estate's Total Assets for the quarter that ended in Jul. 2025 was HK$832.53 Mil. Therefore, Capital Estate's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.59.
Capital Estate Scaled Net Operating Assets Related Terms
Capital Estate Scaled Net Operating Assets Historical Data
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The historical data trend for Capital Estate'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.
HKSE:00193 vs MAR, HLT, H: Scaled Net Operating Assets Comparison
For the Lodging subindustry, Capital Estate'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.
Capital Estate Scaled Net Operating Assets vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Capital Estate's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Capital Estate's Scaled Net Operating Assets falls into.
* 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 0.59 mean?
Capital Estate (HKSE:00193) has a Scaled Net Operating Assets of 0.59 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Capital Estate and its competitors.
Is Capital Estate's Scaled Net Operating Assets too high?
Capital Estate's current Scaled Net Operating Assets is 0.59. Overall, Capital Estate has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Estate's Scaled Net Operating Assets compare to MAR and HLT?
Capital Estate's Scaled Net Operating Assets of 0.59 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Capital Estate and its competitors. Capital Estate's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Estate stock overvalued right now?
Based on GuruFocus' analysis, Capital Estate (HKSE:00193) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 14.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. Capital Estate's overall GF Score™ is 38/100 with 3 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 Capital Estate (HKSE:00193), the current Scaled Net Operating Assets is 0.59 as of Jan. 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 Capital Estate (HKSE:00193) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Estate stock appears to be overvalued.
The current stock price of HK$0.19 is trading 14.1% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Capital Estate to be Modestly Overvalued.
Key valuation signals for HKSE:00193:
Scaled Net Operating Assets: 0.59
GF Value™: HK$0.17 vs. price of HK$0.19 (14.1% above fair value)
No single metric tells the full story. See the HKSE:00193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Estate Ltd is a Hong Kong-based investment holding company. The company operates through three segments: Hotel Operations, which is engaged in hotel businesses and the provision of related services; Financial Investment segment, which is involved in the trading of listed securities and other financial instruments; Property segment, which engages in leasing and sales of properties; and Consumer Finance, which involves the provision of consumer finance services. The majority of its revenue is derived from Consumer finance. Geographically, it generates maximum revenue from Mainland China.
38GF Score
Get the complete analysis for HKSE:00193
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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