LaSalle LOGIPORT REIT (TSE:3466) Scaled Net Operating Assets: 0.91 (As of Feb. 2026)

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TSE:3466 LaSalle LOGIPORT REIT TSE:3466
71 GF Score
Price 円148,600.00
GF Value 円160,169.81
Valuation Fairly Valued
! 5 Warning Signs
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What is LaSalle LOGIPORT REIT Scaled Net Operating Assets?

LaSalle LOGIPORT REIT TSE:3466 -0.54% 71 Scaled Net Operating Assets is 0.91 as of Feb. 2026. GuruFocus rates TSE:3466 with a GF Score™ of 71/100 and a GF Value™ of 円160,169.81 (Fairly Valued). The stock has 5 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.

LaSalle LOGIPORT REIT's operating assets for the quarter that ended in Feb. 2026 was 円370,468 Mil. LaSalle LOGIPORT REIT's operating liabilities for the quarter that ended in Feb. 2026 was 円10,588 Mil. LaSalle LOGIPORT REIT's Total Assets for the quarter that ended in Aug. 2025 was 円395,480 Mil. Therefore, LaSalle LOGIPORT REIT's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.91.


LaSalle LOGIPORT REIT Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for LaSalle LOGIPORT 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.

LaSalle LOGIPORT REIT Scaled Net Operating Assets Chart

LaSalle LOGIPORT REIT Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 1.36 0.92 0.98 0.93 0.90

LaSalle LOGIPORT REIT Semi-Annual Data
Mar16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.93 0.92 0.92 0.92 0.91

TSE:3466 vs PLD, PSA, EXR: Scaled Net Operating Assets Comparison

For the REIT - Industrial subindustry, LaSalle LOGIPORT 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.


LaSalle LOGIPORT REIT Scaled Net Operating Assets vs REITs Industry

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

* The bar in red indicates where LaSalle LOGIPORT REIT's Scaled Net Operating Assets falls into.


TSE:3466
71GF Score
LaSalle LOGIPORT REIT TSE:3466
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LaSalle LOGIPORT REIT 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.

LaSalle LOGIPORT REIT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(378001.97-10668.332)/406617.216
=0.90

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=395479.595 - 17477.625
=378001.97

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=181688.332 - 153440 - 17580
=10668.332

LaSalle LOGIPORT REIT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(370468.065-10588.347)/395479.595
=0.91

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=385306.605 - 14838.54
=370468.065

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=181608.347 - 158220 - 12800
=10588.347

* 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 0.91 mean?
LaSalle LOGIPORT REIT (TSE:3466) has a Scaled Net Operating Assets of 0.91 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 LaSalle LOGIPORT REIT and its competitors.
Is LaSalle LOGIPORT REIT's Scaled Net Operating Assets too high?
LaSalle LOGIPORT REIT's current Scaled Net Operating Assets is 0.91. Overall, LaSalle LOGIPORT REIT has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LaSalle LOGIPORT REIT's Scaled Net Operating Assets compare to PLD and PSA?
LaSalle LOGIPORT REIT's Scaled Net Operating Assets of 0.91 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 LaSalle LOGIPORT REIT and its competitors. LaSalle LOGIPORT REIT's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LaSalle LOGIPORT REIT stock overvalued right now?
Based on GuruFocus' analysis, LaSalle LOGIPORT REIT (TSE:3466) is currently considered Fairly Valued. The stock's GF Value™ is 円160,169.81, compared to a current price of 円148,600.00 — trading 7.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.91. LaSalle LOGIPORT REIT's overall GF Score™ is 71/100 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 LaSalle LOGIPORT REIT (TSE:3466), the current Scaled Net Operating Assets is 0.91 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 LaSalle LOGIPORT REIT (TSE:3466) Overvalued in 2026?

Based on GuruFocus' analysis, LaSalle LOGIPORT REIT stock appears to be undervalued. The current stock price of 円148,600.00 is trading 7.2% below its estimated GF Value™ of 円160,169.81. GuruFocus considers LaSalle LOGIPORT REIT to be Fairly Valued.

Key valuation signals for TSE:3466:

  • Scaled Net Operating Assets: 0.91
  • GF Value™: 円160,169.81 vs. price of 円148,600.00 (7.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the TSE:3466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LaSalle LOGIPORT REIT Business Description

Industry Real EstateREITs
Address Marunouchi, 1-11-1, Marunouchi, 14th Floor, Pacific Century Place, Chiyoda-ku, Tokyo, JPN
LaSalle LOGIPORT REIT is a Japan-based real estate investment trust. The company intends to invest in facilities that cater to its tenant's needs for integrated and efficient logistics operations. The majority of firm's assets are located in Tokyo area. The firm focuses on investments in prime logistics within the Tokyo and Osaka area. Its growth strategy is backed by the sponsor group's support.
71GF Score

Get the complete analysis for TSE:3466

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

円148,600.00
Price
円160,169.81
GF Value