Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
HMC Capital's operating assets for the quarter that ended in Dec. 2025 was $1,909.8 Mil. HMC Capital's operating liabilities for the quarter that ended in Dec. 2025 was $747.5 Mil. HMC Capital's Total Assets for the quarter that ended in Jun. 2025 was $1,419.7 Mil. Therefore, HMC Capital's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.82.
HMC Capital Scaled Net Operating Assets Related Terms
HMC Capital Scaled Net Operating Assets Historical Data
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The historical data trend for HMC Capital'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.
HMCLF vs VICI, WPC, BNL: Scaled Net Operating Assets Comparison
For the REIT - Diversified subindustry, HMC Capital'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.
HMC Capital Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, HMC Capital's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where HMC Capital'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 0.82 mean?
HMC Capital (HMCLF) has a Scaled Net Operating Assets of 0.82 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HMC Capital and its competitors.
Is HMC Capital's Scaled Net Operating Assets too high?
HMC Capital's current Scaled Net Operating Assets is 0.82. Overall, HMC Capital has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does HMC Capital's Scaled Net Operating Assets compare to VICI and WPC?
HMC Capital's Scaled Net Operating Assets of 0.82 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 HMC Capital and its competitors. HMC Capital's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HMC Capital stock overvalued right now?
HMC Capital (HMCLF) has a current Scaled Net Operating Assets of 0.82. The stock's GF Value™ is $9.76, compared to a current price of $1.92 — trading 80.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. HMC Capital's overall GF Score™ is 62/100 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 HMC Capital (HMCLF), the current Scaled Net Operating Assets is 0.82 as of Dec. 2025. 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 HMC Capital (HMCLF) Overvalued in 2026?
Based on GuruFocus' analysis, HMC Capital stock appears to be undervalued.
The current stock price of $1.92 is trading 80.3% below its estimated GF Value™ of $9.76.
Key valuation signals for HMCLF:
Scaled Net Operating Assets: 0.82
GF Value™: $9.76 vs. price of $1.92 (80.3% below fair value)
No single metric tells the full story. See the HMCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HMC Capital Ltd is a property group focused on ownership, development, and management. The company's operating segment includes Real Estate which comprises of HMC Capital managed HomeCo Daily Needs REIT, HealthCo Healthcare and Wellness REIT, HMC Wholesale Healthcare Fund and the Last Mile Logistics Fund; Private Equity which includes the HMC Capital Partners Fund I, a high conviction strategic stakes fund; and Corporate properties which includes unallocated costs and Capital Solutions activities which includes short term investments undertaken relating to non-HMC managed funds. It generates maximum revenue from the Real Estate segment. The company portfolio comprises mainly retail and services centers.
62GF Score
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