Iris Bhd (XKLS:0010) Enterprise Value: RM20.7 Mil (As of Jul. 12, 2026) ***


XKLS:0010 Iris Corp Bhd XKLS:0010
41 GF Score
Price RM0.23
GF Value RM0.17
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Iris Bhd Enterprise Value?

Iris Bhd XKLS:0010 41 Enterprise Value is RM20.7 Mil as of Jul. 12, 2026. GuruFocus rates XKLS:0010 with a GF Score™ of 41/100 and a GF Value™ of RM0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Iris Bhd's Enterprise Value is RM20.7 Mil. Iris Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM2.0 Mil. Therefore, Iris Bhd's EV-to-EBIT ratio for today is 10.46.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Iris Bhd's Enterprise Value is RM20.7 Mil. Iris Bhd's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was RM6.3 Mil. Therefore, Iris Bhd's EV-to-EBITDA ratio for today is 3.27.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Iris Bhd's Enterprise Value is RM20.7 Mil. Iris Bhd's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was RM167.7 Mil. Therefore, Iris Bhd's EV-to-Revenue ratio for today is 0.12.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Iris Bhd's Enterprise Value is RM20.7 Mil. Iris Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was RM27.3 Mil. Therefore, Iris Bhd's EV-to-OCF ratio for today is 0.76.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Iris Bhd's Enterprise Value is RM20.7 Mil. Iris Bhd's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was RM26.1 Mil. Therefore, Iris Bhd's EV-to-FCF ratio for today is 0.79.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Iris Bhd  (XKLS:0010) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Iris Bhd's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=20.704/1.979
=10.46

Iris Bhd's current Enterprise Value is RM20.7 Mil.
Iris 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 RM2.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Iris Bhd's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=20.704/6.33
=3.27

Iris Bhd's current Enterprise Value is RM20.7 Mil.
Iris Bhd's EBITDA 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 RM6.3 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Iris Bhd's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=20.704/167.661
=0.12

Iris Bhd's current Enterprise Value is RM20.7 Mil.
Iris Bhd's Revenue 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 RM167.7 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Iris Bhd's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=20.704/27.306
=0.76

Iris Bhd's current Enterprise Value is RM20.7 Mil.
Iris Bhd's Cash Flow from Operations 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 RM27.3 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Iris Bhd's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=20.704/26.072
=0.79

Iris Bhd's current Enterprise Value is RM20.7 Mil.
Iris Bhd's Free Cash Flow 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 RM26.1 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.


Iris Bhd Enterprise Value Related Terms


Iris Bhd Enterprise Value Historical Data

* Premium members only.

The historical data trend for Iris Bhd's Enterprise Value 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.

Iris Bhd Enterprise Value Chart

Iris Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 532.06 232.66 132.01 141.55 -24.16

Iris Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 141.55 81.92 72.93 162.66 -24.16

Iris Bhd Enterprise Value Competitor Comparison

For the Business Equipment & Supplies subindustry, Iris Bhd's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Iris Bhd Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iris Bhd's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Iris Bhd's Enterprise Value falls into.


XKLS:0010
41GF Score
Iris Corp Bhd XKLS:0010
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iris Bhd Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Iris Bhd's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Iris Bhd's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of RM20.7 Mil mean?
Iris Bhd (XKLS:0010) has a Enterprise Value of RM20.7 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Iris Bhd and its competitors.
Is Iris Bhd's Enterprise Value too high?
Iris Bhd's current Enterprise Value is RM20.7 Mil. Overall, Iris Bhd has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Bhd's Enterprise Value compare to competitors?
Iris Bhd's Enterprise Value of RM20.7 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Industrial Products company?
A good Enterprise Value depends on the Industrial Products industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Iris Bhd and its competitors. Iris Bhd's current Enterprise Value is RM20.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iris Bhd (XKLS:0010) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.23 — trading 35.3% above its estimated fair value. The current Enterprise Value is RM20.7 Mil. Iris Bhd's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Iris Bhd (XKLS:0010), the current Enterprise Value is RM20.7 Mil as of Jul. 12, 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 Iris Bhd (XKLS:0010) Overvalued in 2026?

Based on GuruFocus' analysis, Iris Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 35.3% above its estimated GF Value™ of RM0.17. GuruFocus considers Iris Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0010:

  • Enterprise Value: RM20.7 Mil
  • GF Value™: RM0.17 vs. price of RM0.23 (35.3% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iris Bhd Business Description

Address IRIS Smart Tech Complex, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Iris Corp Bhd is engaged in operations of segments such as the Trusted Identification, and Sustainable Development division. It generates maximum revenue from the Trusted identification division segment. The trusted identification division segment includes e-passports, e-identification cards, banking cards, transportation, and other related Trusted Identification devices, equipment, and services. Geographically, it derives a majority of its revenue from Africa and also has a presence in Malaysia, Asia Pacific, Oceania, and North America.
41GF Score

Get the complete analysis for XKLS:0010

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

RM0.23
Price
RM0.17
GF Value