Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Vukile Property Fund's operating assets for the quarter that ended in Mar. 2026 was N$59,338 Mil. Vukile Property Fund's operating liabilities for the quarter that ended in Mar. 2026 was N$4,836 Mil. Vukile Property Fund's Total Assets for the quarter that ended in Sep. 2025 was N$54,411 Mil. Therefore, Vukile Property Fund's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.00.
Vukile Property Fund Scaled Net Operating Assets Related Terms
Vukile Property Fund Scaled Net Operating Assets Historical Data
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The historical data trend for Vukile Property Fund'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.
Vukile Property Fund Scaled Net Operating Assets Chart
NAM:VKN vs SPG, O, KIM: Scaled Net Operating Assets Comparison
For the REIT - Retail subindustry, Vukile Property Fund'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.
Vukile Property Fund Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Vukile Property Fund's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Vukile Property Fund'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 1.00 mean?
Vukile Property Fund (NAM:VKN) has a Scaled Net Operating Assets of 1.00 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 Vukile Property Fund and its competitors.
Is Vukile Property Fund's Scaled Net Operating Assets too high?
Vukile Property Fund's current Scaled Net Operating Assets is 1.00. Overall, Vukile Property Fund has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vukile Property Fund's Scaled Net Operating Assets compare to SPG and O?
Vukile Property Fund's Scaled Net Operating Assets of 1.00 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 Vukile Property Fund and its competitors. Vukile Property Fund's current Scaled Net Operating Assets is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vukile Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Vukile Property Fund (NAM:VKN) is currently considered Modestly Overvalued. The stock's GF Value™ is N$21.65, compared to a current price of N$24.78 — trading 14.5% above its estimated fair value. The current Scaled Net Operating Assets is 1.00. Vukile Property Fund's overall GF Score™ is 73/100 with 6 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 Vukile Property Fund (NAM:VKN), the current Scaled Net Operating Assets is 1.00 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 Vukile Property Fund (NAM:VKN) Overvalued in 2026?
Based on GuruFocus' analysis, Vukile Property Fund stock appears to be overvalued.
The current stock price of N$24.78 is trading 14.5% above its estimated GF Value™ of N$21.65.
GuruFocus considers Vukile Property Fund to be Modestly Overvalued.
Key valuation signals for NAM:VKN:
Scaled Net Operating Assets: 1.00
GF Value™: N$21.65 vs. price of N$24.78 (14.5% above fair value)
No single metric tells the full story. See the NAM:VKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue predominantly from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also its portfolio constituents. The majority of the company's tenants are large, listed national companies and franchises, with the remainder comprising government and midsize to large professional firms. The company's geographical segment includes South Africa and the Iberian Peninsula, which is further disaggregated into Spain and Portugal.
73GF 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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