Global One Real Estate Investment (TSE:8958) Scaled Net Operating Assets: 1.06 (As of Mar. 2026)


TSE:8958 Global One Real Estate Investment Corp TSE:8958
65 GF Score
Price 円113,200.00
GF Value 円137,891.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Global One Real Estate Investment Scaled Net Operating Assets?

Global One Real Estate Investment TSE:8958 +1.07% 65 Scaled Net Operating Assets is 1.06 as of Mar. 2026. GuruFocus rates TSE:8958 with a GF Score™ of 65/100 and a GF Value™ of 円137,891.64 (Modestly Undervalued). The stock has 4 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 One Real Estate Investment's operating assets for the quarter that ended in Mar. 2026 was 円221,244 Mil. Global One Real Estate Investment's operating liabilities for the quarter that ended in Mar. 2026 was 円11,350 Mil. Global One Real Estate Investment's Total Assets for the quarter that ended in Sep. 2025 was 円197,806 Mil. Therefore, Global One Real Estate Investment's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.06.


Global One Real Estate Investment Scaled Net Operating Assets Historical Data

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The historical data trend for Global One Real Estate Investment'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 One Real Estate Investment Scaled Net Operating Assets Chart

Global One Real Estate Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.91 1.02 0.87 0.83

Global One Real Estate Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.88 0.90 0.84 0.83 1.06

TSE:8958 vs BXP, ARE, VNO: Scaled Net Operating Assets Comparison

For the REIT - Office subindustry, Global One Real Estate Investment'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 One Real Estate Investment Scaled Net Operating Assets vs REITs Industry

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

* The bar in red indicates where Global One Real Estate Investment's Scaled Net Operating Assets falls into.


TSE:8958
65GF Score
Global One Real Estate Investment Corp TSE:8958
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Global One Real Estate Investment 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 One Real Estate Investment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(179993.847-9793.198)/205756.436
=0.83

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=197805.806 - 17811.959
=179993.847

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=97693.198 - 73650 - 14250
=9793.198

Global One Real Estate Investment'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: Sep. 2025 )
=(221243.782-11350.482)/197805.806
=1.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=237885.833 - 16642.051
=221243.782

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=137950.482 - 90800 - 35800
=11350.482

* 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 1.06 mean?
Global One Real Estate Investment (TSE:8958) has a Scaled Net Operating Assets of 1.06 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 One Real Estate Investment and its competitors.
Is Global One Real Estate Investment's Scaled Net Operating Assets too high?
Global One Real Estate Investment's current Scaled Net Operating Assets is 1.06. Overall, Global One Real Estate Investment has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global One Real Estate Investment's Scaled Net Operating Assets compare to BXP and ARE?
Global One Real Estate Investment's Scaled Net Operating Assets of 1.06 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 One Real Estate Investment and its competitors. Global One Real Estate Investment's current Scaled Net Operating Assets is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global One Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Global One Real Estate Investment (TSE:8958) is currently considered Modestly Undervalued. The stock's GF Value™ is 円137,891.64, compared to a current price of 円113,200.00 — trading 17.9% below its estimated fair value. The current Scaled Net Operating Assets is 1.06. Global One Real Estate Investment's overall GF Score™ is 65/100 with 4 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 One Real Estate Investment (TSE:8958), the current Scaled Net Operating Assets is 1.06 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 One Real Estate Investment (TSE:8958) Overvalued in 2026?

Based on GuruFocus' analysis, Global One Real Estate Investment stock appears to be undervalued. The current stock price of 円113,200.00 is trading 17.9% below its estimated GF Value™ of 円137,891.64. GuruFocus considers Global One Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:8958:

  • Scaled Net Operating Assets: 1.06
  • GF Value™: 円137,891.64 vs. price of 円113,200.00 (17.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the TSE:8958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global One Real Estate Investment Business Description

Industry Real EstateREITs
Address Otemachi First Square 1-5-1, 13th Floor East Tower, Otemachi, Chiyoda-ku, Tokyo, JPN
Global One Real Estate Investment Corp is a real estate investment company based in Japan focused on pursuing maximum returns for unitholders. Its key watchwords in selecting properties are Conveniently situated; Newly or recently built; and Large office buildings. The group cautiously selects prime properties at prime locations with an sustainable competitiveness in the marketplace.
65GF Score

Get the complete analysis for TSE:8958

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

円113,200.00
Price
円137,891.64
GF Value