Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Fukuoka REIT's operating assets for the quarter that ended in Feb. 2026 was 円221,608 Mil. Fukuoka REIT's operating liabilities for the quarter that ended in Feb. 2026 was 円17,346 Mil. Fukuoka REIT's Total Assets for the quarter that ended in Aug. 2025 was 円226,809 Mil. Therefore, Fukuoka REIT's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.90.
Fukuoka REIT Scaled Net Operating Assets Related Terms
Fukuoka REIT Scaled Net Operating Assets Historical Data
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The historical data trend for Fukuoka 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:8968 vs VICI, WPC: Scaled Net Operating Assets Comparison
For the REIT - Diversified subindustry, Fukuoka 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.
Fukuoka REIT Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Fukuoka REIT's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Fukuoka 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 0.90 mean?
Fukuoka REIT (TSE:8968) has a Scaled Net Operating Assets of 0.90 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 Fukuoka REIT and its competitors.
Is Fukuoka REIT's Scaled Net Operating Assets too high?
Fukuoka REIT's current Scaled Net Operating Assets is 0.90. Overall, Fukuoka REIT has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka REIT's Scaled Net Operating Assets compare to VICI and WPC?
Fukuoka REIT's Scaled Net Operating Assets of 0.90 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 Fukuoka REIT and its competitors. Fukuoka REIT's current Scaled Net Operating Assets is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuoka REIT stock overvalued right now?
Based on GuruFocus' analysis, Fukuoka REIT (TSE:8968) is currently considered Fairly Valued. The stock's GF Value™ is 円177,022.86, compared to a current price of 円174,600.00 — trading 1.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.90. Fukuoka REIT's overall GF Score™ is 64/100 with 7 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 Fukuoka REIT (TSE:8968), the current Scaled Net Operating Assets is 0.90 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 Fukuoka REIT (TSE:8968) Overvalued in 2026?
Based on GuruFocus' analysis, Fukuoka REIT stock appears to be undervalued.
The current stock price of 円174,600.00 is trading 1.4% below its estimated GF Value™ of 円177,022.86.
GuruFocus considers Fukuoka REIT to be Fairly Valued.
Key valuation signals for TSE:8968:
Scaled Net Operating Assets: 0.90
GF Value™: 円177,022.86 vs. price of 円174,600.00 (1.4% below fair value)
No single metric tells the full story. See the TSE:8968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.
64GF Score
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