MRGIF (Mori Trust Reit) Scaled Net Operating Assets: 0.90 (As of Feb. 2024)


MRGIF Mori Trust Reit Inc MRGIF
12 GF Score
Price $914.45
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What is Mori Trust Reit Scaled Net Operating Assets?

Mori Trust Reit MRGIF 12 Scaled Net Operating Assets is 0.90 as of Feb. 2024. GuruFocus rates MRGIF with a GF Score™ of 12/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Mori Trust Reit's operating assets for the quarter that ended in Feb. 2024 was $3,044.1 Mil. Mori Trust Reit's operating liabilities for the quarter that ended in Feb. 2024 was $109.7 Mil. Mori Trust Reit's Total Assets for the quarter that ended in Aug. 2023 was $3,268.3 Mil. Therefore, Mori Trust Reit's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.90.


Mori Trust Reit Scaled Net Operating Assets Historical Data

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The historical data trend for Mori Trust Reit'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.

Mori Trust Reit Scaled Net Operating Assets Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.94 0.92 0.86 0.70

Mori Trust Reit Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24 Aug24
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 0.85 0.76 1.34 0.90 0.00

MRGIF vs ARE, BXP, VNO: Scaled Net Operating Assets Comparison

For the REIT - Office subindustry, Mori Trust Reit'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.


Mori Trust Reit Scaled Net Operating Assets vs REITs Industry

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

* The bar in red indicates where Mori Trust Reit's Scaled Net Operating Assets falls into.


MRGIF
12GF Score
Mori Trust Reit Inc MRGIF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mori Trust Reit 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.

Mori Trust Reit's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2022 )
=(Operating Assets (A: Sep. 2022 )-Operating Liabilities (A: Sep. 2022 ))/Total Assets (A: Sep. 2021 )
=(2159.167-75.636)/2980.08
=0.70

where

Operating Assets(A: Sep. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2274.563 - 115.396
=2159.167

Operating Liabilities(A: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1164.381 - 893.329 - 195.416
=75.636

Mori Trust Reit's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Aug. 2023 )
=(3044.118-109.674)/3268.338
=0.90

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3183.935 - 139.817
=3044.118

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1623.56 - 1142.934 - 370.952
=109.674

* 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 0.90 mean?
Mori Trust Reit (MRGIF) has a Scaled Net Operating Assets of 0.90 as of Feb. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Mori Trust Reit and its competitors.
Is Mori Trust Reit's Scaled Net Operating Assets too high?
Mori Trust Reit's current Scaled Net Operating Assets is 0.90. Overall, Mori Trust Reit has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mori Trust Reit's Scaled Net Operating Assets compare to ARE and BXP?
Mori Trust Reit's Scaled Net Operating Assets of 0.90 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 Mori Trust Reit and its competitors. Mori Trust Reit's current Scaled Net Operating Assets is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Trust Reit stock overvalued right now?
Mori Trust Reit (MRGIF) has a current Scaled Net Operating Assets of 0.90. The current Scaled Net Operating Assets is 0.90. Mori Trust Reit's overall GF Score™ is 12/100. 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 Mori Trust Reit (MRGIF), the current Scaled Net Operating Assets is 0.90 as of Feb. 2024. 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.

Mori Trust Reit Business Description

Industry Real EstateREITs
Address 3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.
12GF 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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