Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
The Wharf (Holdings)'s operating assets for the quarter that ended in Dec. 2025 was $24,008 Mil. The Wharf (Holdings)'s operating liabilities for the quarter that ended in Dec. 2025 was $3,622 Mil. The Wharf (Holdings)'s Total Assets for the quarter that ended in Jun. 2025 was $25,305 Mil. Therefore, The Wharf (Holdings)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.81.
The Wharf (Holdings) Scaled Net Operating Assets Related Terms
The Wharf (Holdings) Scaled Net Operating Assets Historical Data
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The historical data trend for The Wharf (Holdings)'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.
The Wharf (Holdings) Scaled Net Operating Assets Chart
The Wharf (Holdings) Scaled Net Operating Assets Competitor Comparison
For the Real Estate - Development subindustry, The Wharf (Holdings)'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.
The Wharf (Holdings) Scaled Net Operating Assets vs Real Estate Industry
For the Real Estate industry and Real Estate sector, The Wharf (Holdings)'s Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where The Wharf (Holdings)'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 0.81 mean?
The Wharf (Holdings) (WARFF) has a Scaled Net Operating Assets of 0.81 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on The Wharf (Holdings) and its competitors.
Is The Wharf (Holdings)'s Scaled Net Operating Assets too high?
The Wharf (Holdings)'s current Scaled Net Operating Assets is 0.81. Overall, The Wharf (Holdings) has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Wharf (Holdings)'s Scaled Net Operating Assets compare to competitors?
The Wharf (Holdings)'s Scaled Net Operating Assets of 0.81 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 The Wharf (Holdings) and its competitors. The Wharf (Holdings)'s current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Wharf (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, The Wharf (Holdings) (WARFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.55, compared to a current price of $2.99 — trading 17.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. The Wharf (Holdings)'s overall GF Score™ is 70/100 with 6 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 The Wharf (Holdings) (WARFF), the current Scaled Net Operating Assets is 0.81 as of Dec. 2025. 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 The Wharf (Holdings) (WARFF) Overvalued in 2026?
Based on GuruFocus' analysis, The Wharf (Holdings) stock appears to be overvalued.
The current stock price of $2.99 is trading 17.1% above its estimated GF Value™ of $2.55.
GuruFocus considers The Wharf (Holdings) to be Significantly Overvalued.
Key valuation signals for WARFF:
Scaled Net Operating Assets: 0.81
GF Value™: $2.55 vs. price of $2.99 (17.1% above fair value)
No single metric tells the full story. See the WARFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Wharf (Holdings) Ltd has determined five reportable operating segments for measuring performance and allocating resources. The segments are investment properties, development properties, hotels, logistics, and investments. The investment properties segment mainly includes property leasing & management operations. The development properties segment encompasses activities relating to the acquisition, development, sales, and marketing of the Group's trading properties. The hotel segment includes hotel management in Asia. The logistics segment mainly includes container terminal operations. The investment segment includes a diversified portfolio of listed equity investments. The majority is from the Development Properties segment. Geographically, the majority is from Mainland China.
70GF Score
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