Global Net Lease (STU:2N8) Scaled Net Operating Assets: 0.92 (As of Mar. 2026)

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STU:2N8 Global Net Lease Inc STU:2N8
67 GF Score
Price €7.78
GF Value €5.58
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Global Net Lease Scaled Net Operating Assets?

Global Net Lease STU:2N8 -1.89% 67 Scaled Net Operating Assets is 0.92 as of Mar. 2026. GuruFocus rates STU:2N8 with a GF Score™ of 67/100 and a GF Value™ of €5.58 (Significantly Overvalued). The stock has 9 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.

Global Net Lease's operating assets for the quarter that ended in Mar. 2026 was €3,483.2 Mil. Global Net Lease's operating liabilities for the quarter that ended in Mar. 2026 was €75.6 Mil. Global Net Lease's Total Assets for the quarter that ended in Dec. 2025 was €3,712.5 Mil. Therefore, Global Net Lease's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.92.


Global Net Lease Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Global Net Lease'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.

Global Net Lease Scaled Net Operating Assets Chart

Global Net Lease 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 1.09 0.97 1.92 0.79 0.52

Global Net Lease Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.71 0.76 0.89 0.85 0.92

STU:2N8 vs AAT, SAFE, ESRT: Scaled Net Operating Assets Comparison

For the REIT - Diversified subindustry, Global Net Lease'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.


Global Net Lease Scaled Net Operating Assets vs REITs Industry

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

* The bar in red indicates where Global Net Lease's Scaled Net Operating Assets falls into.


STU:2N8
67GF Score
Global Net Lease Inc STU:2N8
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Net Lease 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.

Global Net Lease'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 )
=(3558.694-92.093)/6642.755
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3712.511 - 153.817
=3558.694

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2291.884 - 1922.954 - 276.837
=92.093

Global Net Lease's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3483.2-75.601)/3712.511
=0.92

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3591.739 - 108.539
=3483.2

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2241.257 - 1914.801 - 250.855
=75.601

* 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 0.92 mean?
Global Net Lease (STU:2N8) has a Scaled Net Operating Assets of 0.92 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 Global Net Lease and its competitors.
Is Global Net Lease's Scaled Net Operating Assets too high?
Global Net Lease's current Scaled Net Operating Assets is 0.92. Overall, Global Net Lease has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Net Lease's Scaled Net Operating Assets compare to AAT and SAFE?
Global Net Lease's Scaled Net Operating Assets of 0.92 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 Global Net Lease and its competitors. Global Net Lease's current Scaled Net Operating Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Global Net Lease (STU:2N8) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.58, compared to a current price of €7.78 — trading 39.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.92. Global Net Lease's overall GF Score™ is 67/100 with 9 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 Global Net Lease (STU:2N8), the current Scaled Net Operating Assets is 0.92 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 Global Net Lease (STU:2N8) Overvalued in 2026?

Based on GuruFocus' analysis, Global Net Lease stock appears to be overvalued. The current stock price of €7.78 is trading 39.3% above its estimated GF Value™ of €5.58. GuruFocus considers Global Net Lease to be Significantly Overvalued.

Key valuation signals for STU:2N8:

  • Scaled Net Operating Assets: 0.92
  • GF Value™: €5.58 vs. price of €7.78 (39.3% above fair value)
  • GF Score™: 67/100 with 9 warning signs

No single metric tells the full story. See the STU:2N8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Net Lease Business Description

Industry Real EstateREITs
Address 650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operation, lease, acquisition, investment, and sale of the portfolio assets. Its segments include Industrial & Distribution, Retail, and Office. The company derives maximum revenue from the Industrial and Distribution segment. The company geographically operates in the United States, the United Kingdom, Canada, and Europe.
67GF Score

Get the complete analysis for STU:2N8

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

€7.78
Price
€5.58
GF Value