Mapletree Industrial Trust (SGX:ME8U) Scaled Net Operating Assets: 0.95 (As of Jun. 2026)

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SGX:ME8U Mapletree Industrial Trust SGX:ME8U
54 GF Score
Price S$1.92
! 7 Warning Signs
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What is Mapletree Industrial Trust Scaled Net Operating Assets?

Mapletree Industrial Trust SGX:ME8U 54 Scaled Net Operating Assets is 0.95 as of Jun. 2026. GuruFocus rates SGX:ME8U with a GF Score™ of 54/100. The stock has 7 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.

Mapletree Industrial Trust's operating assets for the quarter that ended in Jun. 2026 was S$7,841.3 Mil. Mapletree Industrial Trust's operating liabilities for the quarter that ended in Jun. 2026 was S$334.1 Mil. Mapletree Industrial Trust's Total Assets for the quarter that ended in Mar. 2026 was S$7,938.6 Mil. Therefore, Mapletree Industrial Trust's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.95.


Mapletree Industrial Trust Scaled Net Operating Assets Historical Data

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The historical data trend for Mapletree Industrial 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.

Mapletree Industrial Trust Scaled Net Operating Assets Chart

Mapletree Industrial Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.96 0.97 0.96 0.85

Mapletree Industrial Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.94 0.89 0.95 0.92 0.95

SGX:ME8U vs PLD, PSA, EXR: Scaled Net Operating Assets Comparison

For the REIT - Industrial subindustry, Mapletree Industrial 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.


Mapletree Industrial Trust Scaled Net Operating Assets vs REITs Industry

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

* The bar in red indicates where Mapletree Industrial Trust's Scaled Net Operating Assets falls into.


SGX:ME8U
54GF Score
Mapletree Industrial Trust SGX:ME8U
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mapletree Industrial 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.

Mapletree Industrial Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(7843.426-338.844)/8800.196
=0.85

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7938.639 - 95.213
=7843.426

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2692.605 - 1959.014 - 394.747
=338.844

Mapletree Industrial Trust'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: Mar. 2026 )
=(7841.334-334.133)/7938.639
=0.95

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7937.034 - 95.7
=7841.334

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2985.142 - 2179.189 - 471.82
=334.133

* 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 0.95 mean?
Mapletree Industrial Trust (SGX:ME8U) has a Scaled Net Operating Assets of 0.95 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 Mapletree Industrial Trust and its competitors.
Is Mapletree Industrial Trust's Scaled Net Operating Assets too high?
Mapletree Industrial Trust's current Scaled Net Operating Assets is 0.95. Overall, Mapletree Industrial Trust has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's Scaled Net Operating Assets compare to PLD and PSA?
Mapletree Industrial Trust's Scaled Net Operating Assets of 0.95 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 Mapletree Industrial Trust and its competitors. Mapletree Industrial Trust's current Scaled Net Operating Assets is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Mapletree Industrial Trust (SGX:ME8U) has a current Scaled Net Operating Assets of 0.95. The current Scaled Net Operating Assets is 0.95. Mapletree Industrial Trust's overall GF Score™ is 54/100 with 7 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 Mapletree Industrial Trust (SGX:ME8U), the current Scaled Net Operating Assets is 0.95 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.

Mapletree Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges MAPIF:USAM2L:Germany
Address 10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
54GF 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.

S$1.92
Price