Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Hulic Reit's operating assets for the quarter that ended in Feb. 2026 was 円413,389 Mil. Hulic Reit's operating liabilities for the quarter that ended in Feb. 2026 was 円20,942 Mil. Hulic Reit's Total Assets for the quarter that ended in Aug. 2025 was 円423,654 Mil. Therefore, Hulic Reit's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.93.
Hulic Reit Scaled Net Operating Assets Related Terms
Hulic Reit Scaled Net Operating Assets Historical Data
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The historical data trend for Hulic Reit'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.
TSE:3295 vs BXP, ARE, VNO: Scaled Net Operating Assets Comparison
For the REIT - Office subindustry, Hulic Reit'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.
Hulic Reit Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Hulic Reit's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Hulic Reit'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 0.93 mean?
Hulic Reit (TSE:3295) has a Scaled Net Operating Assets of 0.93 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hulic Reit and its competitors.
Is Hulic Reit's Scaled Net Operating Assets too high?
Hulic Reit's current Scaled Net Operating Assets is 0.93. Overall, Hulic Reit has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hulic Reit's Scaled Net Operating Assets compare to BXP and ARE?
Hulic Reit's 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 Hulic Reit and its competitors. Hulic Reit'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 Hulic Reit stock overvalued right now?
Based on GuruFocus' analysis, Hulic Reit (TSE:3295) is currently considered Fairly Valued. The stock's GF Value™ is 円167,624.18, compared to a current price of 円157,100.00 — trading 6.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.93. Hulic Reit's overall GF Score™ is 57/100 with 5 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 Hulic Reit (TSE:3295), the current Scaled Net Operating Assets is 0.93 as of Feb. 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 Hulic Reit (TSE:3295) Overvalued in 2026?
Based on GuruFocus' analysis, Hulic Reit stock appears to be undervalued.
The current stock price of 円157,100.00 is trading 6.3% below its estimated GF Value™ of 円167,624.18.
GuruFocus considers Hulic Reit to be Fairly Valued.
Key valuation signals for TSE:3295:
Scaled Net Operating Assets: 0.93
GF Value™: 円167,624.18 vs. price of 円157,100.00 (6.3% below fair value)
No single metric tells the full story. See the TSE:3295 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hulic Reit Inc is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.
57GF Score
Get the complete analysis for TSE:3295
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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