Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Extra Space Storage's operating assets for the quarter that ended in Mar. 2026 was MXN522,234 Mil. Extra Space Storage's operating liabilities for the quarter that ended in Mar. 2026 was MXN17,071 Mil. Extra Space Storage's Total Assets for the quarter that ended in Dec. 2025 was MXN526,920 Mil. Therefore, Extra Space Storage's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.96.
Extra Space Storage Scaled Net Operating Assets Related Terms
Extra Space Storage Scaled Net Operating Assets Historical Data
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The historical data trend for Extra Space Storage'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.
Extra Space Storage Scaled Net Operating Assets Chart
MEX:EXR vs EGP, LINE, CUBE: Scaled Net Operating Assets Comparison
For the REIT - Industrial subindustry, Extra Space Storage'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.
Extra Space Storage Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Extra Space Storage'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 0.96 mean?
Extra Space Storage (MEX:EXR) 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 Extra Space Storage and its competitors.
Is Extra Space Storage's Scaled Net Operating Assets too high?
Extra Space Storage's current Scaled Net Operating Assets is 0.96. Overall, Extra Space Storage has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Scaled Net Operating Assets compare to EGP and LINE?
Extra Space Storage's 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 Extra Space Storage and its competitors. Extra Space Storage'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 Extra Space Storage stock overvalued right now?
Extra Space Storage (MEX:EXR) has a current Scaled Net Operating Assets of 0.96. The stock's GF Value™ is MXN2,598.77, compared to a current price of MXN2,607.33 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.96. Extra Space Storage's overall GF Score™ is 92/100 with 9 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 Extra Space Storage (MEX:EXR), 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 Extra Space Storage (MEX:EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be overvalued.
The current stock price of MXN2,607.33 is trading 0.3% above its estimated GF Value™ of MXN2,598.77.
Key valuation signals for MEX:EXR:
Scaled Net Operating Assets: 0.96
GF Value™: MXN2,598.77 vs. price of MXN2,607.33 (0.3% above fair value)
No single metric tells the full story. See the MEX:EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
92GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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