Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
SL Green Realty's operating assets for the quarter that ended in Mar. 2026 was MXN208,991 Mil. SL Green Realty's operating liabilities for the quarter that ended in Mar. 2026 was MXN34,066 Mil. SL Green Realty's Total Assets for the quarter that ended in Dec. 2025 was MXN199,550 Mil. Therefore, SL Green Realty's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.88.
SL Green Realty Scaled Net Operating Assets Related Terms
SL Green Realty Scaled Net Operating Assets Historical Data
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The historical data trend for SL Green Realty'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.
MEX:SLG vs HIW, CDP, KRC: Scaled Net Operating Assets Comparison
For the REIT - Office subindustry, SL Green Realty'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.
SL Green Realty Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, SL Green Realty's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where SL Green Realty'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 0.88 mean?
SL Green Realty (MEX:SLG) 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 SL Green Realty and its competitors.
Is SL Green Realty's Scaled Net Operating Assets too high?
SL Green Realty's current Scaled Net Operating Assets is 0.88. Overall, SL Green Realty has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SL Green Realty's Scaled Net Operating Assets compare to HIW and CDP?
SL Green Realty's 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 SL Green Realty and its competitors. SL Green Realty'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 SL Green Realty stock overvalued right now?
Based on GuruFocus' analysis, SL Green Realty (MEX:SLG) is currently considered Fairly Valued. The stock's GF Value™ is MXN685.88, compared to a current price of MXN743.00 — trading 8.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.88. SL Green Realty's overall GF Score™ is 52/100 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 SL Green Realty (MEX:SLG), 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 SL Green Realty (MEX:SLG) Overvalued in 2026?
Based on GuruFocus' analysis, SL Green Realty stock appears to be overvalued.
The current stock price of MXN743.00 is trading 8.3% above its estimated GF Value™ of MXN685.88.
GuruFocus considers SL Green Realty to be Fairly Valued.
Key valuation signals for MEX:SLG:
Scaled Net Operating Assets: 0.88
GF Value™: MXN685.88 vs. price of MXN743.00 (8.3% above fair value)
No single metric tells the full story. See the MEX:SLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 31.4 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.
52GF 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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