Bursa Malaysia Bhd (XKLS:1818) EBIT: RM344.9 Mil (TTM As of Mar. 2026)


XKLS:1818 Bursa Malaysia Bhd XKLS:1818
88 GF Score
Price RM8.55
GF Value RM9.10
Valuation Fairly Valued
! 8 Warning Signs
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What is Bursa Malaysia Bhd EBIT?

Bursa Malaysia Bhd XKLS:1818 -0.23% 88 EBIT is RM344.9 Mil as of Mar. 2026. GuruFocus rates XKLS:1818 with a GF Score™ of 88/100 and a GF Value™ of RM9.10 (Fairly Valued). The stock has 8 warning signs investors should review.

Bursa Malaysia Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was RM98.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was RM344.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bursa Malaysia Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 54.45%. Bursa Malaysia Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 210.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bursa Malaysia Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.41%.


Bursa Malaysia Bhd  (XKLS:1818) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bursa Malaysia Bhd's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=374.312 * ( 1 - 26.73% )/( (556.868 + 450.478)/ 2 )
=274.2584024/503.673
=54.45 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3224.472 - 2229.654 - ( 575.444 - max(0, 2400.317 - 2838.267+575.444))
=556.868

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3430.53 - 2577.142 - ( 551.746 - max(0, 2648.566 - 3051.476+551.746))
=450.478

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Bursa Malaysia Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=395.012/( ( (183.908 + max(-142.617, 0)) + (190.886 + max(-175.981, 0)) )/ 2 )
=395.012/( ( 183.908 + 190.886 )/ 2 )
=395.012/187.397
=210.79 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(70.584 + 5.276 + 2181.335) - (2229.654 + 0 + 170.158)
=-142.617

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.028 + 5.699 + 2372.344) - (2577.142 + 0 + 70.91)
=-175.981

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Bursa Malaysia Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=344.856/6375.537
=5.41 %

* 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.


Bursa Malaysia Bhd EBIT Related Terms


Bursa Malaysia Bhd EBIT Historical Data

* Premium members only.

The historical data trend for Bursa Malaysia Bhd's EBIT 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.

Bursa Malaysia Bhd EBIT Chart

Bursa Malaysia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 478.98 310.54 322.01 410.89 337.61

Bursa Malaysia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 91.50 76.14 86.41 83.55 98.75

XKLS:1818 vs SPGI, CME, ICE: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, Bursa Malaysia Bhd's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Bursa Malaysia Bhd EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa Malaysia Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bursa Malaysia Bhd's EV-to-EBIT falls into.


XKLS:1818
88GF Score
Bursa Malaysia Bhd XKLS:1818
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bursa Malaysia Bhd EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM344.9 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of RM344.9 Mil mean?
Bursa Malaysia Bhd (XKLS:1818) has a EBIT of RM344.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bursa Malaysia Bhd.
Is Bursa Malaysia Bhd's EBIT too high?
Bursa Malaysia Bhd's current EBIT is RM344.9 Mil. Overall, Bursa Malaysia Bhd has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bursa Malaysia Bhd's EBIT compare to SPGI and CME?
Bursa Malaysia Bhd's EBIT of RM344.9 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bursa Malaysia Bhd. Bursa Malaysia Bhd's current EBIT is RM344.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bursa Malaysia Bhd (XKLS:1818) is currently considered Fairly Valued. The stock's GF Value™ is RM9.10, compared to a current price of RM8.55 — trading 6% below its estimated fair value. The current EBIT is RM344.9 Mil. Bursa Malaysia Bhd's overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Bursa Malaysia Bhd (XKLS:1818), the current EBIT is RM344.9 Mil 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 Bursa Malaysia Bhd (XKLS:1818) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa Malaysia Bhd stock appears to be undervalued. The current stock price of RM8.55 is trading 6% below its estimated GF Value™ of RM9.10. GuruFocus considers Bursa Malaysia Bhd to be Fairly Valued.

Key valuation signals for XKLS:1818:

  • EBIT: RM344.9 Mil
  • GF Value™: RM9.10 vs. price of RM8.55 (6% below fair value)
  • GF Score™: 88/100 with 8 warning signs

No single metric tells the full story. See the XKLS:1818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bursa Malaysia Bhd Business Description

Other Exchanges BSMAF:USA
Address Exchange Square, 15th Floor, Bukit Kewangan, Kuala Lumpur, MYS, 50200
Bursa Malaysia Bhd operates as an exchange holding company, whose principal activities are treasury management and the provision of management and administrative services to its subsidiaries. Through its subsidiaries it operates the Malaysian securities, derivatives, multi-environment product market, debt fundraising and offshore financial exchanges and the Shariah-compliant commodity and precious metals trading platform, to operate the related clearing houses, depository function and regulatory function, and to disseminate information relating to instruments quoted on the exchanges. Its six segments include: Securities Market, Derivatives Market, Islamic Market, Data Business, Exchange, Holding Company, and Others, of which Securities Market segment derives maximum revenue.
88GF Score

Get the complete analysis for XKLS:1818

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

RM8.55
Price
RM9.10
GF Value