Trident Estates (MAL:TRI) Scaled Net Operating Assets: 0.90 (As of Jan. 2026)

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MAL:TRI Trident Estates PLC MAL:TRI
89 GF Score
Price €1.14
GF Value €1.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Trident Estates Scaled Net Operating Assets?

Trident Estates MAL:TRI 89 Scaled Net Operating Assets is 0.90 as of Jan. 2026. GuruFocus rates MAL:TRI with a GF Score™ of 89/100 and a GF Value™ of €1.61 (Modestly Undervalued). The stock has 4 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.

Trident Estates's operating assets for the quarter that ended in Jan. 2026 was €111.14 Mil. Trident Estates's operating liabilities for the quarter that ended in Jan. 2026 was €14.64 Mil. Trident Estates's Total Assets for the quarter that ended in Jul. 2025 was €107.15 Mil. Therefore, Trident Estates's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.90.


Trident Estates Scaled Net Operating Assets Historical Data

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The historical data trend for Trident Estates'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.

Trident Estates Scaled Net Operating Assets Chart

Trident Estates Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.04 0.89 0.91 0.91

Trident Estates Semi-Annual Data
Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.88 0.59 0.91 0.61 0.90

MAL:TRI vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Trident Estates'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.


Trident Estates Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Trident Estates's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Trident Estates's Scaled Net Operating Assets falls into.


MAL:TRI
89GF Score
Trident Estates PLC MAL:TRI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trident Estates 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.

Trident Estates's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(111.135-14.639)/106.237
=0.91

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=116.85 - 5.715
=111.135

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45.867 - 29.465 - 1.763
=14.639

Trident Estates's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(111.135-14.639)/107.149
=0.90

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=116.85 - 5.715
=111.135

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45.867 - 29.465 - 1.763
=14.639

* 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?
Trident Estates (MAL:TRI) has a Scaled Net Operating Assets of 0.90 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 Trident Estates and its competitors.
Is Trident Estates' Scaled Net Operating Assets too high?
Trident Estates' current Scaled Net Operating Assets is 0.90. Overall, Trident Estates has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trident Estates' Scaled Net Operating Assets compare to CBRE and BEKE?
Trident Estates' 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 Trident Estates and its competitors. Trident Estates'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 Trident Estates stock overvalued right now?
Based on GuruFocus' analysis, Trident Estates (MAL:TRI) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.61, compared to a current price of €1.14 — trading 29.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.90. Trident Estates' overall GF Score™ is 89/100 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 Trident Estates (MAL:TRI), the current Scaled Net Operating Assets is 0.90 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 Trident Estates (MAL:TRI) Overvalued in 2026?

Based on GuruFocus' analysis, Trident Estates stock appears to be undervalued. The current stock price of €1.14 is trading 29.2% below its estimated GF Value™ of €1.61. GuruFocus considers Trident Estates to be Modestly Undervalued.

Key valuation signals for MAL:TRI:

  • Scaled Net Operating Assets: 0.90
  • GF Value™: €1.61 vs. price of €1.14 (29.2% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Trident Estates Business Description

Address Mdina Road, Zone 2, No.4 - Level 0, Trident Park, Central Business District, Notabile Gardens, Birkirkara, MLT, CBD 2010
Trident Estates PLC is a property investment company that owns and manages properties for rental and investment purposes. Its property portfolio includes Trident House, Paceville Premises (Burger King), South Street, Valletta (Pizza Hut), and other properties. All of the Group's and Company's revenue is generated in Malta and is derived solely from rental income from leased properties.
89GF Score

Get the complete analysis for MAL:TRI

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

€1.14
Price
€1.61
GF Value