Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
The Real Brokerage's operating assets for the quarter that ended in Mar. 2026 was $94 Mil. The Real Brokerage's operating liabilities for the quarter that ended in Mar. 2026 was $91 Mil. The Real Brokerage's Total Assets for the quarter that ended in Dec. 2025 was $127 Mil. Therefore, The Real Brokerage's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.02.
The Real Brokerage Scaled Net Operating Assets Related Terms
The Real Brokerage Scaled Net Operating Assets Historical Data
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The historical data trend for The Real Brokerage'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.
The Real Brokerage Scaled Net Operating Assets Chart
REAX vs RMR, MLP, TCI: Scaled Net Operating Assets Comparison
For the Real Estate Services subindustry, The Real Brokerage'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.
The Real Brokerage Scaled Net Operating Assets vs Real Estate Industry
For the Real Estate industry and Real Estate sector, The Real Brokerage's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where The Real Brokerage'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 0.02 mean?
The Real Brokerage (REAX) has a Scaled Net Operating Assets of 0.02 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 The Real Brokerage and its competitors.
Is The Real Brokerage's Scaled Net Operating Assets too high?
The Real Brokerage's current Scaled Net Operating Assets is 0.02. Overall, The Real Brokerage has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Real Brokerage's Scaled Net Operating Assets compare to RMR and MLP?
The Real Brokerage's Scaled Net Operating Assets of 0.02 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 The Real Brokerage and its competitors. The Real Brokerage's current Scaled Net Operating Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Real Brokerage stock overvalued right now?
Based on GuruFocus' analysis, The Real Brokerage (REAX) is currently considered Significantly Undervalued. The stock's GF Value™ is $6.25, compared to a current price of $1.85 — trading 70.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.02. The Real Brokerage's overall GF Score™ is 62/100 with 4 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 The Real Brokerage (REAX), the current Scaled Net Operating Assets is 0.02 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 The Real Brokerage (REAX) Overvalued in 2026?
Based on GuruFocus' analysis, The Real Brokerage stock appears to be undervalued.
The current stock price of $1.85 is trading 70.5% below its estimated GF Value™ of $6.25.
GuruFocus considers The Real Brokerage to be Significantly Undervalued.
Key valuation signals for REAX:
Scaled Net Operating Assets: 0.02
GF Value™: $6.25 vs. price of $1.85 (70.5% below fair value)
No single metric tells the full story. See the REAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Real Brokerage Inc is a technology-powered real estate brokerage firm located in the United States and Canada. It has developed a proprietary transaction management and brokerage operations software called reZEN, which powers nearly all of its brokerage operations, enabling efficiency, automation, and flexibility by incorporating end-to-end transaction management, automated compliance and brokerage oversight, integrated payments and financial services, Leo CoPilot, and open API for customization. In addition, the company also offers mortgage brokering and title services. The company's operating segments are North American Brokerage, which derives key revenue, One Real Title, One Real Mortgage, and Real Wallet. Geographically, it derives key revenue from the United States.
62GF Score
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