COPT Defense Properties (MEX:CDP) Scaled Net Operating Assets: 0.88 (As of Mar. 2026)


MEX:CDP COPT Defense Properties MEX:CDP
73 GF Score
Price MXN531.56
GF Value MXN418.87
! 11 Warning Signs
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What is COPT Defense Properties Scaled Net Operating Assets?

COPT Defense Properties MEX:CDP 73 Scaled Net Operating Assets is 0.88 as of Mar. 2026. GuruFocus rates MEX:CDP with a GF Score™ of 73/100 and a GF Value™ of MXN418.87. The stock has 11 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.

COPT Defense Properties's operating assets for the quarter that ended in Mar. 2026 was MXN79,891 Mil. COPT Defense Properties's operating liabilities for the quarter that ended in Mar. 2026 was MXN4,984 Mil. COPT Defense Properties's Total Assets for the quarter that ended in Dec. 2025 was MXN84,659 Mil. Therefore, COPT Defense Properties's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.88.


COPT Defense Properties Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for COPT Defense Properties'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.

COPT Defense Properties Scaled Net Operating Assets Chart

COPT Defense Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.89 0.78 1.15 0.84

COPT Defense Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 0.92 0.87 0.92 0.93 0.89

MEX:CDP vs KRC, SLG, HIW: Scaled Net Operating Assets Comparison

For the REIT - Office subindustry, COPT Defense Properties'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.


COPT Defense Properties Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, COPT Defense Properties's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where COPT Defense Properties's Scaled Net Operating Assets falls into.


MEX:CDP
73GF Score
COPT Defense Properties MEX:CDP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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COPT Defense Properties 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.

COPT Defense Properties's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(79707.705-5424.559)/88724.131
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=84659.02 - 4951.315
=79707.705

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56071.82 - 47946.406 - 2700.855
=5424.559

COPT Defense Properties's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(79890.793-4984.454)/84659.02
=0.88

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=80406.168 - 515.375
=79890.793

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51702.239 - 40803.059 - 5914.726
=4984.454

* 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 0.88 mean?
COPT Defense Properties (MEX:CDP) has a Scaled Net Operating Assets of 0.88 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on COPT Defense Properties and its competitors.
Is COPT Defense Properties' Scaled Net Operating Assets too high?
COPT Defense Properties' current Scaled Net Operating Assets is 0.88. Overall, COPT Defense Properties has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' Scaled Net Operating Assets compare to KRC and SLG?
COPT Defense Properties' Scaled Net Operating Assets of 0.88 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 COPT Defense Properties and its competitors. COPT Defense Properties's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
COPT Defense Properties (MEX:CDP) has a current Scaled Net Operating Assets of 0.88. The stock's GF Value™ is MXN418.87, compared to a current price of MXN531.56 — trading 26.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.88. COPT Defense Properties' overall GF Score™ is 73/100 with 11 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 COPT Defense Properties (MEX:CDP), the current Scaled Net Operating Assets is 0.88 as of Mar. 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 COPT Defense Properties (MEX:CDP) Overvalued in 2026?

Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued. The current stock price of MXN531.56 is trading 26.9% above its estimated GF Value™ of MXN418.87.

Key valuation signals for MEX:CDP:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: MXN418.87 vs. price of MXN531.56 (26.9% above fair value)
  • GF Score™: 73/100 with 11 warning signs

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


COPT Defense Properties Business Description

Industry Real EstateREITs
Other Exchanges CDP:USA
Address 6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
73GF Score

Get the complete analysis for MEX:CDP

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

MXN531.56
Price
MXN418.87
GF Value