Meridia Real Estate III Socimi (XMAD:YMRE) Scaled Net Operating Assets: 0.42 (As of Dec. 2025)


XMAD:YMRE Meridia Real Estate III Socimi SA XMAD:YMRE
48 GF Score
Price €0.78
GF Value €6.36
Valuation Possible Value Trap
! 4 Warning Signs
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What is Meridia Real Estate III Socimi Scaled Net Operating Assets?

Meridia Real Estate III Socimi XMAD:YMRE 48 Scaled Net Operating Assets is 0.42 as of Dec. 2025. GuruFocus rates XMAD:YMRE with a GF Score™ of 48/100 and a GF Value™ of €6.36 (Possible Value Trap). 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.

Meridia Real Estate III Socimi's operating assets for the quarter that ended in Dec. 2025 was €94.27 Mil. Meridia Real Estate III Socimi's operating liabilities for the quarter that ended in Dec. 2025 was €7.70 Mil. Meridia Real Estate III Socimi's Total Assets for the quarter that ended in Sep. 2025 was €204.67 Mil. Therefore, Meridia Real Estate III Socimi's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.42.


Meridia Real Estate III Socimi Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Meridia Real Estate III Socimi'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.

Meridia Real Estate III Socimi Scaled Net Operating Assets Chart

Meridia Real Estate III Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.48 0.78 0.88 0.43

Meridia Real Estate III Socimi Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.68 1.04 0.76 0.77 0.42

XMAD:YMRE vs BXP, ARE, VNO: Scaled Net Operating Assets Comparison

For the REIT - Office subindustry, Meridia Real Estate III Socimi'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.


Meridia Real Estate III Socimi Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Meridia Real Estate III Socimi's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Meridia Real Estate III Socimi's Scaled Net Operating Assets falls into.


XMAD:YMRE
48GF Score
Meridia Real Estate III Socimi SA XMAD:YMRE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridia Real Estate III Socimi 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.

Meridia Real Estate III Socimi's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(94.267-7.699)/200.953
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=118.727 - 24.46
=94.267

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71.592 - 9.17 - 54.723
=7.699

Meridia Real Estate III Socimi's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(94.267-7.699)/204.67
=0.42

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=118.727 - 24.46
=94.267

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71.592 - 9.17 - 54.723
=7.699

* 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 0.42 mean?
Meridia Real Estate III Socimi (XMAD:YMRE) has a Scaled Net Operating Assets of 0.42 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 Meridia Real Estate III Socimi and its competitors.
Is Meridia Real Estate III Socimi's Scaled Net Operating Assets too high?
Meridia Real Estate III Socimi's current Scaled Net Operating Assets is 0.42. Overall, Meridia Real Estate III Socimi has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridia Real Estate III Socimi's Scaled Net Operating Assets compare to BXP and ARE?
Meridia Real Estate III Socimi's Scaled Net Operating Assets of 0.42 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 Meridia Real Estate III Socimi and its competitors. Meridia Real Estate III Socimi's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridia Real Estate III Socimi stock overvalued right now?
Based on GuruFocus' analysis, Meridia Real Estate III Socimi (XMAD:YMRE) is currently considered Possible Value Trap. The stock's GF Value™ is €6.36, compared to a current price of €0.78 — trading 87.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.42. Meridia Real Estate III Socimi's overall GF Score™ is 48/100 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 Meridia Real Estate III Socimi (XMAD:YMRE), the current Scaled Net Operating Assets is 0.42 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 Meridia Real Estate III Socimi (XMAD:YMRE) Overvalued in 2026?

Based on GuruFocus' analysis, Meridia Real Estate III Socimi stock appears to be undervalued. The current stock price of €0.78 is trading 87.8% below its estimated GF Value™ of €6.36. GuruFocus considers Meridia Real Estate III Socimi to be Possible Value Trap.

Key valuation signals for XMAD:YMRE:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: €6.36 vs. price of €0.78 (87.8% below fair value)
  • GF Score™: 48/100 with 4 warning signs

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


Meridia Real Estate III Socimi Business Description

Industry Real EstateREITs
Address Avenida Diagonal, 640, Barcelona, ESP, 08017
Meridia Real Estate III Socimi SA operates as a real estate investment trust. It invests in all real estate segments, especially offices and logistics, in Madrid and Barcelona.
48GF Score

Get the complete analysis for XMAD:YMRE

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

€0.78
Price
€6.36
GF Value