CDL Hospitality Trusts (SGX:J85) Scaled Net Operating Assets: 0.93 (As of Jun. 2026)

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SGX:J85 CDL Hospitality Trusts SGX:J85
56 GF Score
Price S$0.76
GF Value S$0.87
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CDL Hospitality Trusts Scaled Net Operating Assets?

CDL Hospitality Trusts SGX:J85 -0.66% 56 Scaled Net Operating Assets is 0.93 as of Jun. 2026. GuruFocus rates SGX:J85 with a GF Score™ of 56/100 and a GF Value™ of S$0.87 (Modestly Undervalued). The stock has 8 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.

CDL Hospitality Trusts's operating assets for the quarter that ended in Jun. 2026 was S$3,372.8 Mil. CDL Hospitality Trusts's operating liabilities for the quarter that ended in Jun. 2026 was S$136.9 Mil. CDL Hospitality Trusts's Total Assets for the quarter that ended in Dec. 2025 was S$3,483.6 Mil. Therefore, CDL Hospitality Trusts's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.93.


CDL Hospitality Trusts Scaled Net Operating Assets Historical Data

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The historical data trend for CDL Hospitality Trusts'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.

CDL Hospitality Trusts Scaled Net Operating Assets Chart

CDL Hospitality Trusts Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.00 1.00 0.98 0.94

CDL Hospitality Trusts Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.95 0.97 0.94 0.94 0.93

SGX:J85 vs HST, RHP, APLE: Scaled Net Operating Assets Comparison

For the REIT - Hotel & Motel subindustry, CDL Hospitality Trusts'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.


CDL Hospitality Trusts Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, CDL Hospitality Trusts's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CDL Hospitality Trusts's Scaled Net Operating Assets falls into.


SGX:J85
56GF Score
CDL Hospitality Trusts SGX:J85
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CDL Hospitality Trusts 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.

CDL Hospitality Trusts's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3396.522-144.425)/3452.601
=0.94

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3483.583 - 87.061
=3396.522

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1535.547 - 1194.005 - 197.117
=144.425

CDL Hospitality Trusts's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3372.822-136.874)/3483.583
=0.93

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3460.407 - 87.585
=3372.822

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1443.509 - 1068.327 - 238.308
=136.874

* 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?
CDL Hospitality Trusts (SGX:J85) has a Scaled Net Operating Assets of 0.93 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CDL Hospitality Trusts and its competitors.
Is CDL Hospitality Trusts' Scaled Net Operating Assets too high?
CDL Hospitality Trusts' current Scaled Net Operating Assets is 0.93. Overall, CDL Hospitality Trusts has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CDL Hospitality Trusts' Scaled Net Operating Assets compare to HST and RHP?
CDL Hospitality Trusts' Scaled Net Operating Assets of 0.93 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 CDL Hospitality Trusts and its competitors. CDL Hospitality Trusts'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 CDL Hospitality Trusts stock overvalued right now?
Based on GuruFocus' analysis, CDL Hospitality Trusts (SGX:J85) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.87, compared to a current price of S$0.76 — trading 13.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.93. CDL Hospitality Trusts' overall GF Score™ is 56/100 with 8 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 CDL Hospitality Trusts (SGX:J85), the current Scaled Net Operating Assets is 0.93 as of Jun. 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 CDL Hospitality Trusts (SGX:J85) Overvalued in 2026?

Based on GuruFocus' analysis, CDL Hospitality Trusts stock appears to be undervalued. The current stock price of S$0.76 is trading 13.2% below its estimated GF Value™ of S$0.87. GuruFocus considers CDL Hospitality Trusts to be Modestly Undervalued.

Key valuation signals for SGX:J85:

  • Scaled Net Operating Assets: 0.93
  • GF Value™: S$0.87 vs. price of S$0.76 (13.2% below fair value)
  • GF Score™: 56/100 with 8 warning signs

No single metric tells the full story. See the SGX:J85 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CDL Hospitality Trusts Business Description

Industry Real EstateREITs
Address 390 Havelock Road, No. 02-06 King\'s Centre, Singapore, SGP, 169662
CDL Hospitality Trusts operates as a hospitality trust in Singapore. The company's principal activities include investing in a diversified portfolio of real estate or development projects and real estate related assets, which are used for hospitality, hospitality-related and other accommodation and/or lodging purposes globally, and also include the operation and management of the real estate assets. Its portfolio comprises six hotels and a retail mall in Singapore, two hotels in Australia, one hotel in New Zealand, two hotels in Japan, four hotels and two living assets in the United Kingdom, one hotel in Germany, one hotel in Italy, and two resorts in the Maldives. Its reportable segments are Singapore, Australia, Maldives, Japan and the UK. The majority of revenue is derived from the UK.
56GF Score

Get the complete analysis for SGX:J85

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

S$0.76
Price
S$0.87
GF Value