Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Stockland's operating assets for the quarter that ended in Dec. 2025 was $12,169 Mil. Stockland's operating liabilities for the quarter that ended in Dec. 2025 was $1,841 Mil. Stockland's Total Assets for the quarter that ended in Jun. 2025 was $11,551 Mil. Therefore, Stockland's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.89.
Stockland Scaled Net Operating Assets Related Terms
Stockland Scaled Net Operating Assets Historical Data
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The historical data trend for Stockland'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.
STKAF vs VICI, WPC, BNL: Scaled Net Operating Assets Comparison
For the REIT - Diversified subindustry, Stockland'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.
Stockland Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Stockland's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Stockland'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 0.89 mean?
Stockland (STKAF) has a Scaled Net Operating Assets of 0.89 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 Stockland and its competitors.
Is Stockland's Scaled Net Operating Assets too high?
Stockland's current Scaled Net Operating Assets is 0.89. Overall, Stockland has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stockland's Scaled Net Operating Assets compare to VICI and WPC?
Stockland's Scaled Net Operating Assets of 0.89 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 Stockland and its competitors. Stockland's current Scaled Net Operating Assets is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockland stock overvalued right now?
Based on GuruFocus' analysis, Stockland (STKAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.89, compared to a current price of $3.00 — trading 22.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.89. Stockland's overall GF Score™ is 79/100 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 Stockland (STKAF), the current Scaled Net Operating Assets is 0.89 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 Stockland (STKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Stockland stock appears to be undervalued.
The current stock price of $3.00 is trading 22.9% below its estimated GF Value™ of $3.89.
GuruFocus considers Stockland to be Modestly Undervalued.
Key valuation signals for STKAF:
Scaled Net Operating Assets: 0.89
GF Value™: $3.89 vs. price of $3.00 (22.9% below fair value)
No single metric tells the full story. See the STKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stockland is one of Australia's largest residential property developers, specializing in master-planned communities. Earnings from residential and commercial development are lumpy and averaged about 40% of the group's funds from operations over the past five years. Revenue from master-planned communities makes up the majority of development income. While land lease assets contribute only a fraction of the total development revenue, the sector is growing. The investment management business, around two thirds of the group's earnings, generates rental income and investment management fees from a portfolio of retail, logistics, office, and land lease assets. The portfolio mix is evolving, with less retail, and increasing exposure to logistics and office in recent years.
79GF Score
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