KCR Residential REIT (LSE:KCR) Scaled Net Operating Assets: 0.97 (As of Dec. 2025)

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.

What is KCR Residential REIT Scaled Net Operating Assets?

KCR Residential REIT LSE:KCR Scaled Net Operating Assets is 0.97 as of Dec. 2025. 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.

KCR Residential REIT's operating assets for the quarter that ended in Dec. 2025 was £27.07 Mil. KCR Residential REIT's operating liabilities for the quarter that ended in Dec. 2025 was £0.67 Mil. KCR Residential REIT's Total Assets for the quarter that ended in Jun. 2025 was £27.31 Mil. Therefore, KCR Residential REIT's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.97.

KCR Residential REIT 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.

KCR Residential REIT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(27.137-0.524)/26.711
=1.00

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27.311 - 0.174
=27.137

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.66 - 14.136 - 0
=0.524

KCR Residential REIT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(27.073-0.666)/27.311
=0.97

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27.5 - 0.427
=27.073

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.227 - 14.561 - 0
=0.666

* 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?
KCR Residential REIT (LSE:KCR) has a Scaled Net Operating Assets of 0.97 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 KCR Residential REIT and its competitors.
Is KCR Residential REIT's Scaled Net Operating Assets too high?
KCR Residential REIT's current Scaled Net Operating Assets is 0.97.
How does KCR Residential REIT's Scaled Net Operating Assets compare to AVB and EQR?
KCR Residential REIT's 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 KCR Residential REIT and its competitors. KCR Residential REIT'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 KCR Residential REIT stock overvalued right now?
Based on GuruFocus' analysis, KCR Residential REIT (LSE:KCR) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.10, compared to a current price of £0.09 — trading 14% below its estimated fair value. The current Scaled Net Operating Assets is 0.97. 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 KCR Residential REIT (LSE:KCR), the current Scaled Net Operating Assets is 0.97 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.

KCR Residential REIT Business Description

Industry Real EstateREITs
Address c/o Gladstone House, 77-79 High Street, Egham, Surrey, GBR, TW20 9HY
KCR Residential REIT PLC is a real estate investment trust focused on the business of acquiring, developing and managing residential property predominantly for letting to third parties on long and short leases. The company's objective is to acquire and manage a substantial rented residential property portfolio in the UK that generates both income flow and capital appreciation for shareholders. The company holds various residential portfolios including the Cristal Apartments and a freehold portfolio of retirement homes called the Osprey portfolio. It generates the majority of its revenue from rental income.