SGLMF (Starhill Global Real Estate Investment Trust) Scaled Net Operating Assets: 0.94 (As of Dec. 2025)


SGLMF Starhill Global Real Estate Investment Trust SGLMF
48 GF Score
Price $0.38
GF Value $0.37
Valuation Fairly Valued
! 6 Warning Signs
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What is Starhill Global Real Estate Investment Trust Scaled Net Operating Assets?

Starhill Global Real Estate Investment Trust SGLMF -0.24% 48 Scaled Net Operating Assets is 0.94 as of Dec. 2025. GuruFocus rates SGLMF with a GF Score™ of 48/100 and a GF Value™ of $0.37 (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.

Starhill Global Real Estate Investment Trust's operating assets for the quarter that ended in Dec. 2025 was $2,154.0 Mil. Starhill Global Real Estate Investment Trust's operating liabilities for the quarter that ended in Dec. 2025 was $65.3 Mil. Starhill Global Real Estate Investment Trust's Total Assets for the quarter that ended in Jun. 2025 was $2,219.2 Mil. Therefore, Starhill Global Real Estate Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.94.


Starhill Global Real Estate Investment Trust Scaled Net Operating Assets Historical Data

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The historical data trend for Starhill Global Real Estate Investment Trust'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.

Starhill Global Real Estate Investment Trust Scaled Net Operating Assets Chart

Starhill Global Real Estate Investment Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.89 0.94 0.94 0.99

Starhill Global Real Estate Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.93 0.95 1.00 0.94

SGLMF vs SPG, O, KIM: Scaled Net Operating Assets Comparison

For the REIT - Retail subindustry, Starhill Global Real Estate Investment Trust'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.


Starhill Global Real Estate Investment Trust Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Starhill Global Real Estate Investment Trust's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Starhill Global Real Estate Investment Trust's Scaled Net Operating Assets falls into.


SGLMF
48GF Score
Starhill Global Real Estate Investment Trust SGLMF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Starhill Global Real Estate Investment 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.

Starhill Global Real Estate Investment Trust'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 )
=(2153.394-65.962)/2099.728
=0.99

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2219.248 - 65.854
=2153.394

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=861.397 - 745.113 - 50.322
=65.962

Starhill Global Real Estate Investment Trust'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 )
=(2153.97-65.258)/2219.248
=0.94

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2223.526 - 69.556
=2153.97

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=848.762 - 729.034 - 54.47
=65.258

* 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 0.94 mean?
Starhill Global Real Estate Investment Trust (SGLMF) has a Scaled Net Operating Assets of 0.94 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 Starhill Global Real Estate Investment Trust and its competitors.
Is Starhill Global Real Estate Investment Trust's Scaled Net Operating Assets too high?
Starhill Global Real Estate Investment Trust's current Scaled Net Operating Assets is 0.94. Overall, Starhill Global Real Estate Investment Trust has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starhill Global Real Estate Investment Trust's Scaled Net Operating Assets compare to SPG and O?
Starhill Global Real Estate Investment Trust's Scaled Net Operating Assets of 0.94 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 Starhill Global Real Estate Investment Trust and its competitors. Starhill Global Real Estate Investment Trust's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starhill Global Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Starhill Global Real Estate Investment Trust (SGLMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.37, compared to a current price of $0.38 — trading 3.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.94. Starhill Global Real Estate Investment Trust's overall GF Score™ is 48/100 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 Starhill Global Real Estate Investment Trust (SGLMF), the current Scaled Net Operating Assets is 0.94 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 Starhill Global Real Estate Investment Trust (SGLMF) Overvalued in 2026?

Based on GuruFocus' analysis, Starhill Global Real Estate Investment Trust stock appears to be overvalued. The current stock price of $0.38 is trading 3.7% above its estimated GF Value™ of $0.37. GuruFocus considers Starhill Global Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for SGLMF:

  • Scaled Net Operating Assets: 0.94
  • GF Value™: $0.37 vs. price of $0.38 (3.7% above fair value)
  • GF Score™: 48/100 with 6 warning signs

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


Starhill Global Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges P40U:Singapore
Address 391B Orchard Road, No. 24-03, Tower B, Ngee Ann, SGP, 238874
Starhill Global Real Estate Investment Trust invests in retail and commercial properties. The company's properties are located in Asia-Pacific countries, which include Singapore, Australia, Malaysia, China, and Japan. The company generates the majority of revenue from leasing properties to tenants, mainly department stores, fashion and footwear stores, cosmetics shops, and corporates. The company divides its operations into five segments: Wisma Atria Property; Ngee Ann City Property; Australia Properties; Malaysia Properties; and other properties.
48GF Score

Get the complete analysis for SGLMF

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.38
Price
$0.37
GF Value