CBRE Group (MIL:1CBRE) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)


MIL:1CBRE CBRE Group Inc MIL:1CBRE
72 GF Score
Price €112.30
GF Value €131.62
Valuation Modestly Undervalued
! 5 Warning Signs
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What is CBRE Group Scaled Net Operating Assets?

CBRE Group MIL:1CBRE 72 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates MIL:1CBRE with a GF Score™ of 72/100 and a GF Value™ of €131.62 (Modestly Undervalued). The stock has 5 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.

CBRE Group's operating assets for the quarter that ended in Mar. 2026 was €24,658 Mil. CBRE Group's operating liabilities for the quarter that ended in Mar. 2026 was €9,087 Mil. CBRE Group's Total Assets for the quarter that ended in Dec. 2025 was €26,369 Mil. Therefore, CBRE Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


CBRE Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CBRE Group'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.

CBRE Group Scaled Net Operating Assets Chart

CBRE Group 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 0.66 0.52 0.60 0.64 0.65

CBRE Group 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 0.66 0.61 0.61 0.62 0.59

MIL:1CBRE vs BEKE, JLL, CSGP: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, CBRE Group'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.


CBRE Group Scaled Net Operating Assets vs Real Estate Industry

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

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


MIL:1CBRE
72GF Score
CBRE Group Inc MIL:1CBRE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CBRE Group 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.

CBRE Group'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 )
=(24777.102-9616.04)/23285.765
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26368.958 - 1591.856
=24777.102

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18148.354 - 6124.034 - 2408.28
=9616.04

CBRE Group'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 )
=(24657.69-9086.825)/26368.958
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26097.05 - 1439.36
=24657.69

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18046.495 - 6170.045 - 2789.625
=9086.825

* 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 0.59 mean?
CBRE Group (MIL:1CBRE) has a Scaled Net Operating Assets of 0.59 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 CBRE Group and its competitors.
Is CBRE Group's Scaled Net Operating Assets too high?
CBRE Group's current Scaled Net Operating Assets is 0.59. Overall, CBRE Group has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CBRE Group's Scaled Net Operating Assets compare to BEKE and JLL?
CBRE Group's Scaled Net Operating Assets of 0.59 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 CBRE Group and its competitors. CBRE Group's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBRE Group stock overvalued right now?
Based on GuruFocus' analysis, CBRE Group (MIL:1CBRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €131.62, compared to a current price of €112.30 — trading 14.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. CBRE Group's overall GF Score™ is 72/100 with 5 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 CBRE Group (MIL:1CBRE), the current Scaled Net Operating Assets is 0.59 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 CBRE Group (MIL:1CBRE) Overvalued in 2026?

Based on GuruFocus' analysis, CBRE Group stock appears to be undervalued. The current stock price of €112.30 is trading 14.7% below its estimated GF Value™ of €131.62. GuruFocus considers CBRE Group to be Modestly Undervalued.

Key valuation signals for MIL:1CBRE:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: €131.62 vs. price of €112.30 (14.7% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the MIL:1CBRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CBRE Group Business Description

Address 2121 North Pearl Street, Suite 300, Dallas, TX, USA, 75201
CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. CBRE's investment management arm managed over $155 billion (at year-end 2025) for clients across diverse public and private real estate strategies.
72GF Score

Get the complete analysis for MIL:1CBRE

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

€112.30
Price
€131.62
GF Value