PIM (Putnam Master Intermediateome Trust) Scaled Net Operating Assets: 0.78 (As of Mar. 2026)


PIM Putnam Master Intermediate Income Trust PIM
52 GF Score
Price $3.17
GF Value $3.28
Valuation Fairly Valued
! 6 Warning Signs
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What is Putnam Master Intermediateome Trust Scaled Net Operating Assets?

Putnam Master Intermediateome Trust PIM +0.63% 52 Scaled Net Operating Assets is 0.78 as of Mar. 2026. GuruFocus rates PIM with a GF Score™ of 52/100 and a GF Value™ of $3.28 (Fairly Valued). 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.

Putnam Master Intermediateome Trust's operating assets for the quarter that ended in Mar. 2026 was $323.16 Mil. Putnam Master Intermediateome Trust's operating liabilities for the quarter that ended in Mar. 2026 was $161.16 Mil. Putnam Master Intermediateome Trust's Total Assets for the quarter that ended in Sep. 2025 was $208.58 Mil. Therefore, Putnam Master Intermediateome Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.

PIM
52GF Score
Putnam Master Intermediate Income Trust PIM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Putnam Master Intermediateome Trust 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.

Putnam Master Intermediateome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(207.394-41.543)/250.793
=0.66

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=208.578 - 1.184
=207.394

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41.543 - 0 - 0
=41.543

Putnam Master Intermediateome Trust'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: Sep. 2025 )
=(323.157-161.158)/208.578
=0.78

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=324.433 - 1.276
=323.157

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=161.158 - 0 - 0
=161.158

* 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 0.78 mean?
Putnam Master Intermediateome Trust (PIM) has a Scaled Net Operating Assets of 0.78 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 Putnam Master Intermediateome Trust and its competitors.
Is Putnam Master Intermediateome Trust's Scaled Net Operating Assets too high?
Putnam Master Intermediateome Trust's current Scaled Net Operating Assets is 0.78. Overall, Putnam Master Intermediateome Trust has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Putnam Master Intermediateome Trust's Scaled Net Operating Assets compare to BCV and MHF?
Putnam Master Intermediateome Trust's Scaled Net Operating Assets of 0.78 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 Putnam Master Intermediateome Trust and its competitors. Putnam Master Intermediateome Trust's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Putnam Master Intermediateome Trust stock overvalued right now?
Based on GuruFocus' analysis, Putnam Master Intermediateome Trust (PIM) is currently considered Fairly Valued. The stock's GF Value™ is $3.28, compared to a current price of $3.17 — trading 3.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. Putnam Master Intermediateome Trust's overall GF Score™ is 52/100 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 Putnam Master Intermediateome Trust (PIM), the current Scaled Net Operating Assets is 0.78 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 Putnam Master Intermediateome Trust (PIM) Overvalued in 2026?

Based on GuruFocus' analysis, Putnam Master Intermediateome Trust stock appears to be undervalued. The current stock price of $3.17 is trading 3.4% below its estimated GF Value™ of $3.28. GuruFocus considers Putnam Master Intermediateome Trust to be Fairly Valued.

Key valuation signals for PIM:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: $3.28 vs. price of $3.17 (3.4% below fair value)
  • GF Score™: 52/100 with 6 warning signs

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

Putnam Master Intermediateome Trust Business Description

Address 100 Federal Street, Boston, MA, USA, 02110
Putnam Master Intermediate Income Trust is a closed-end fund. Its investment objective is to provide high current income and relative stability of net asset value. The fund pursues its goal by investing in U.S. high-grade, high-yield, and international fixed-income securities with limited maturities. The fund's portfolio includes the United States Government and agency mortgage obligations; mortgage-backed securities; corporate bonds and notes, and foreign government and agency bonds and notes.
52GF 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.

$3.17
Price
$3.28
GF Value