PGZ (Principal Real Estateome Fund) Scaled Net Operating Assets: 0.98 (As of Apr. 2026)

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PGZ Principal Real Estate Income Fund PGZ
32 GF Score
Price $9.55
! 6 Warning Signs
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What is Principal Real Estateome Fund Scaled Net Operating Assets?

Principal Real Estateome Fund PGZ 32 Scaled Net Operating Assets is 0.98 as of Apr. 2026. GuruFocus rates PGZ with a GF Score™ of 32/100. The stock has 6 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.

Principal Real Estateome Fund's operating assets for the quarter that ended in Apr. 2026 was $110.10 Mil. Principal Real Estateome Fund's operating liabilities for the quarter that ended in Apr. 2026 was $2.84 Mil. Principal Real Estateome Fund's Total Assets for the quarter that ended in Oct. 2025 was $109.90 Mil. Therefore, Principal Real Estateome Fund's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.98.

PGZ
32GF Score
Principal Real Estate Income Fund PGZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Principal Real Estateome Fund 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.

Principal Real Estateome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(109.891-1.865)/114.079
=0.95

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=109.895 - 0.004
=109.891

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33.865 - 32 - 0
=1.865

Principal Real Estateome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(110.098-2.839)/109.895
=0.98

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=110.098 - 0
=110.098

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.839 - 32 - 0
=2.839

* 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 0.98 mean?
Principal Real Estateome Fund (PGZ) has a Scaled Net Operating Assets of 0.98 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Principal Real Estateome Fund and its competitors.
Is Principal Real Estateome Fund's Scaled Net Operating Assets too high?
Principal Real Estateome Fund's current Scaled Net Operating Assets is 0.98. Overall, Principal Real Estateome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Principal Real Estateome Fund's Scaled Net Operating Assets compare to PCM and GEG?
Principal Real Estateome Fund's Scaled Net Operating Assets of 0.98 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Principal Real Estateome Fund and its competitors. Principal Real Estateome Fund's current Scaled Net Operating Assets is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Principal Real Estateome Fund stock overvalued right now?
Principal Real Estateome Fund (PGZ) has a current Scaled Net Operating Assets of 0.98. The current Scaled Net Operating Assets is 0.98. Principal Real Estateome Fund's overall GF Score™ is 32/100 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 Principal Real Estateome Fund (PGZ), the current Scaled Net Operating Assets is 0.98 as of Apr. 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.

Principal Real Estateome Fund Business Description

Address 1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Principal Real Estate Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide high current income with capital appreciation by investing in commercial real estate-related securities. The company does its investments in USA, Australia, Japan, France, Great Britain, Canada, Hong Kong, Singapore, South Korea, British Virgin Islands and more.
32GF 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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