Winton Land (NZSE:WIN) Scaled Net Operating Assets: 0.93 (As of Dec. 2025)


NZSE:WIN Winton Land Ltd NZSE:WIN
31 GF Score
Price NZ$1.40
GF Value NZ$0.91
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Winton Land Scaled Net Operating Assets?

Winton Land NZSE:WIN +0.72% 31 Scaled Net Operating Assets is 0.93 as of Dec. 2025. GuruFocus rates NZSE:WIN with a GF Score™ of 31/100 and a GF Value™ of NZ$0.91 (Significantly Overvalued). 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.

Winton Land's operating assets for the quarter that ended in Dec. 2025 was NZ$705.03 Mil. Winton Land's operating liabilities for the quarter that ended in Dec. 2025 was NZ$48.60 Mil. Winton Land's Total Assets for the quarter that ended in Jun. 2025 was NZ$703.89 Mil. Therefore, Winton Land's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.93.


Winton Land Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Winton Land'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.

Winton Land Scaled Net Operating Assets Chart

Winton Land Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
0.25 0.43 0.90 0.95 0.98

Winton Land Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.87 0.90 0.97 0.93

Winton Land Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Winton Land'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.


Winton Land Scaled Net Operating Assets vs Real Estate Industry

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

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


NZSE:WIN
31GF Score
Winton Land Ltd NZSE:WIN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Winton Land 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.

Winton Land's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(683.615-39.937)/654.063
=0.98

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=703.894 - 20.279
=683.615

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=172.687 - 102.403 - 30.347
=39.937

Winton Land's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(705.025-48.603)/703.894
=0.93

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=719.519 - 14.494
=705.025

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=188.359 - 114.81 - 24.946
=48.603

* 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 0.93 mean?
Winton Land (NZSE:WIN) has a Scaled Net Operating Assets of 0.93 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Winton Land and its competitors.
Is Winton Land's Scaled Net Operating Assets too high?
Winton Land's current Scaled Net Operating Assets is 0.93. Overall, Winton Land has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Winton Land's Scaled Net Operating Assets compare to competitors?
Winton Land's Scaled Net Operating Assets of 0.93 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 Winton Land and its competitors. Winton Land's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winton Land stock overvalued right now?
Based on GuruFocus' analysis, Winton Land (NZSE:WIN) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.91, compared to a current price of NZ$1.40 — trading 53.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.93. Winton Land's overall GF Score™ is 31/100 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 Winton Land (NZSE:WIN), the current Scaled Net Operating Assets is 0.93 as of Dec. 2025. 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 Winton Land (NZSE:WIN) Overvalued in 2026?

Based on GuruFocus' analysis, Winton Land stock appears to be overvalued. The current stock price of NZ$1.40 is trading 53.8% above its estimated GF Value™ of NZ$0.91. GuruFocus considers Winton Land to be Significantly Overvalued.

Key valuation signals for NZSE:WIN:

  • Scaled Net Operating Assets: 0.93
  • GF Value™: NZ$0.91 vs. price of NZ$1.40 (53.8% above fair value)
  • GF Score™: 31/100 with 5 warning signs

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


Winton Land Business Description

Other Exchanges WTN:Australia
Address 11 Westhaven Drive Cracker Bay, Level 2, Auckland, NTL, NZL, 1010
Winton Land Ltd is a privately owned developer with projects in New Zealand and Australia. It specializes in developing integrated and fully master-planned communities. The company has a portfolio of several residential lots, dwellings, apartment units, and retirement village units. The company has three reportable segments, which are Residential development, Retirement villages, and Commercial portfolio, and the company generates the majority of its revenue from residential development.
31GF 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.

NZ$1.40
Price
NZ$0.91
GF Value