EastGroup Properties (MEX:EGP) Scaled Net Operating Assets: 0.96 (As of Mar. 2026)

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MEX:EGP EastGroup Properties Inc MEX:EGP
94 GF Score
Price MXN3,725.50
GF Value MXN3,253.86
! 8 Warning Signs
View Full Analysis

What is EastGroup Properties Scaled Net Operating Assets?

EastGroup Properties MEX:EGP 94 Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus rates MEX:EGP with a GF Score™ of 94/100 and a GF Value™ of MXN3,253.86. The stock has 8 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.

EastGroup Properties's operating assets for the quarter that ended in Mar. 2026 was MXN98,439 Mil. EastGroup Properties's operating liabilities for the quarter that ended in Mar. 2026 was MXN4,802 Mil. EastGroup Properties's Total Assets for the quarter that ended in Dec. 2025 was MXN97,803 Mil. Therefore, EastGroup Properties's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.96.


EastGroup Properties Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for EastGroup 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.

EastGroup Properties Scaled Net Operating Assets Chart

EastGroup 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 1.15 1.13 0.92 1.31 0.88

EastGroup 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 0.93 0.88 0.94 0.95 0.96

MEX:EGP vs LINE, CUBE, FR: Scaled Net Operating Assets Comparison

For the REIT - Industrial subindustry, EastGroup 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.


EastGroup Properties Scaled Net Operating Assets vs REITs Industry

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

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


MEX:EGP
94GF Score
EastGroup Properties Inc MEX:EGP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EastGroup 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.

EastGroup 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 )
=(97785.355-4846.846)/105894.316
=0.88

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=97803.487 - 18.132
=97785.355

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34844.973 - 29705.552 - 292.575
=4846.846

EastGroup 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 )
=(98438.815-4801.783)/97803.487
=0.96

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=99004.284 - 565.469
=98438.815

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34501.676 - 29742.216 - -42.323
=4801.783

* 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 0.96 mean?
EastGroup Properties (MEX:EGP) has a Scaled Net Operating Assets of 0.96 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 EastGroup Properties and its competitors.
Is EastGroup Properties' Scaled Net Operating Assets too high?
EastGroup Properties' current Scaled Net Operating Assets is 0.96. Overall, EastGroup Properties has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does EastGroup Properties' Scaled Net Operating Assets compare to LINE and CUBE?
EastGroup Properties' Scaled Net Operating Assets of 0.96 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 EastGroup Properties and its competitors. EastGroup Properties's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EastGroup Properties stock overvalued right now?
EastGroup Properties (MEX:EGP) has a current Scaled Net Operating Assets of 0.96. The stock's GF Value™ is MXN3,253.86, compared to a current price of MXN3,725.50 — trading 14.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.96. EastGroup Properties' overall GF Score™ is 94/100 with 8 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 EastGroup Properties (MEX:EGP), the current Scaled Net Operating Assets is 0.96 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 EastGroup Properties (MEX:EGP) Overvalued in 2026?

Based on GuruFocus' analysis, EastGroup Properties stock appears to be overvalued. The current stock price of MXN3,725.50 is trading 14.5% above its estimated GF Value™ of MXN3,253.86.

Key valuation signals for MEX:EGP:

  • Scaled Net Operating Assets: 0.96
  • GF Value™: MXN3,253.86 vs. price of MXN3,725.50 (14.5% above fair value)
  • GF Score™: 94/100 with 8 warning signs

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


EastGroup Properties Business Description

Industry Real EstateREITs
Other Exchanges EGP:USAEGO:Germany
Address 400 West Parkway Place, Suite 100, Ridgeland, MS, USA, 39157
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The group has one reportable segment, which is industrial properties. The company derives its revenue in the form of rental income.
94GF Score

Get the complete analysis for MEX:EGP

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

MXN3,725.50
Price
MXN3,253.86
GF Value