White Horse Bhd (XKLS:5009) EV-to-EBIT: -48.79 (As of Aug. 22, 2026)

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XKLS:5009 White Horse Bhd XKLS:5009
29 GF Score
Price RM0.51
GF Value RM0.59
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is White Horse Bhd EV-to-EBIT?

White Horse Bhd XKLS:5009 +9.68% 29 EV-to-EBIT is -48.79 as of Aug. 22, 2026. GuruFocus rates XKLS:5009 with a GF Score™ of 29/100 and a GF Value™ of RM0.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 321 Building Materials companies, White Horse Bhd ranks worse than 311526.17% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, White Horse Bhd's Enterprise Value is RM23.2 Mil. White Horse Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM-0.5 Mil. Therefore, White Horse Bhd's EV-to-EBIT for today is -48.79.

The historical rank and industry rank for White Horse Bhd's EV-to-EBIT or its related term are showing as below:

XKLS:5009' s EV-to-EBIT Range Over the Past 10 Years
Min: -120.56   Med: -2.91   Max: 37.93
Current: -48.79

During the past 13 years, the highest EV-to-EBIT of White Horse Bhd was 37.93. The lowest was -120.56. And the median was -2.91.

XKLS:5009's EV-to-EBIT is ranked worse than
100% of 321 companies
in the Building Materials industry
Industry Median: 13.4 vs XKLS:5009: -48.79

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. White Horse Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM32.2 Mil. White Horse Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM-0.5 Mil. White Horse Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.48%.


White Horse Bhd  (XKLS:5009) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

White Horse Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-0.475/32.1913
=-1.48 %

White Horse Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM32.2 Mil.
White Horse Bhd's 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 RM-0.5 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.


White Horse Bhd EV-to-EBIT Related Terms


White Horse Bhd EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for White Horse Bhd's EV-to-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.

White Horse Bhd EV-to-EBIT Chart

White Horse Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 9.20 -5.54 -29.52 -26.16

White Horse Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-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 -11.51 -11.98 -14.29 -26.16 -67.77

XKLS:5009 vs CRH, VMC, MLM: EV-to-EBIT Comparison

For the Building Materials subindustry, White Horse 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.


White Horse Bhd EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, White Horse Bhd's EV-to-EBIT distribution charts can be found below:

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


XKLS:5009
29GF Score
White Horse Bhd XKLS:5009
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

White Horse Bhd EV-to-EBIT Calculation

White Horse Bhd's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=23.173/-0.475
=-48.79

White Horse Bhd's current Enterprise Value is RM23.2 Mil.
White Horse Bhd's 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 RM-0.5 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 EV-to-EBIT →
What does a EV-to-EBIT of -48.79 mean?
White Horse Bhd (XKLS:5009) has a EV-to-EBIT of -48.79 as of Aug. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on White Horse Bhd and its competitors. According to the industry distribution chart, White Horse Bhd ranks #999999 out of 321 companies in the Building Materials industry.
Is White Horse Bhd's EV-to-EBIT too high?
White Horse Bhd's current EV-to-EBIT is -48.79. Based on the distribution chart, White Horse Bhd ranks #999999 out of 321 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, White Horse Bhd has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does White Horse Bhd's EV-to-EBIT compare to CRH and VMC?
According to the Building Materials industry distribution chart, White Horse Bhd ranks #999999 out of 321 companies for EV-to-EBIT. This places White Horse Bhd in the lower half of its industry. The industry median EV-to-EBIT is 13.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Building Materials company?
The median EV-to-EBIT among Building Materials companies is 13.40, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on White Horse Bhd and its competitors. For the Building Materials industry, the median EV-to-EBIT is 13.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Horse Bhd's current EV-to-EBIT is -48.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Horse Bhd stock overvalued right now?
Based on GuruFocus' analysis, White Horse Bhd (XKLS:5009) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.59, compared to a current price of RM0.51 — trading 13.6% below its estimated fair value. The current EV-to-EBIT is -48.79. White Horse Bhd's overall GF Score™ is 29/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For White Horse Bhd (XKLS:5009), the current EV-to-EBIT is -48.79 as of Aug. 22, 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 White Horse Bhd (XKLS:5009) Overvalued in 2026?

Based on GuruFocus' analysis, White Horse Bhd stock appears to be undervalued. The current stock price of RM0.51 is trading 13.6% below its estimated GF Value™ of RM0.59. GuruFocus considers White Horse Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5009:

  • EV-to-EBIT: -48.79
  • GF Value™: RM0.59 vs. price of RM0.51 (13.6% below fair value)
  • GF Score™: 29/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


White Horse Bhd Business Description

Address Pasir Gudang Industrial Estate, PLO 464, Jalan Gangsa, Pasir Gudang, JHR, MYS, 81700
White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic wall, floor tiles and the provision of management services. Its segments include Malaysia, Vietnam, and Others. The Malaysia segment includes the manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes the manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include the distribution of ceramic homogenous tiles in Indonesia, the Philippine, Singapore, and Thailand, and China. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles and porcelain tiles. It generates the majority of revenue from the Malaysian segment.
29GF Score

Get the complete analysis for XKLS:5009

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

RM0.51
Price
RM0.59
GF Value