Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Afine Investments's operating assets for the quarter that ended in Feb. 2026 was R437.12 Mil. Afine Investments's operating liabilities for the quarter that ended in Feb. 2026 was R3.41 Mil. Afine Investments's Total Assets for the quarter that ended in Aug. 2025 was R447.77 Mil. Therefore, Afine Investments's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.97.
Afine Investments Scaled Net Operating Assets Related Terms
Afine Investments Scaled Net Operating Assets Historical Data
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The historical data trend for Afine Investments'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.
Afine Investments Scaled Net Operating Assets Chart
JSE:ANI vs EQIX, AMT, DLR: Scaled Net Operating Assets Comparison
For the REIT - Specialty subindustry, Afine Investments'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.
Afine Investments Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Afine Investments's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Afine Investments'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 0.97 mean?
Afine Investments (JSE:ANI) has a Scaled Net Operating Assets of 0.97 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Afine Investments and its competitors.
Is Afine Investments' Scaled Net Operating Assets too high?
Afine Investments' current Scaled Net Operating Assets is 0.97. Overall, Afine Investments has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afine Investments' Scaled Net Operating Assets compare to EQIX and AMT?
Afine Investments' Scaled Net Operating Assets of 0.97 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 Afine Investments and its competitors. Afine Investments's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afine Investments stock overvalued right now?
Based on GuruFocus' analysis, Afine Investments (JSE:ANI) is currently considered Fairly Valued. The stock's GF Value™ is R4.95, compared to a current price of R5.00 — trading 1% above its estimated fair value. The current Scaled Net Operating Assets is 0.97. Afine Investments' overall GF Score™ is 62/100 with 4 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 Afine Investments (JSE:ANI), the current Scaled Net Operating Assets is 0.97 as of Feb. 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 Afine Investments (JSE:ANI) Overvalued in 2026?
Based on GuruFocus' analysis, Afine Investments stock appears to be overvalued.
The current stock price of R5.00 is trading 1% above its estimated GF Value™ of R4.95.
GuruFocus considers Afine Investments to be Fairly Valued.
Key valuation signals for JSE:ANI:
Scaled Net Operating Assets: 0.97
GF Value™: R4.95 vs. price of R5.00 (1% above fair value)
No single metric tells the full story. See the JSE:ANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segments, the majority of revenue is generated from Gauteng and North-West.
62GF Score
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