MN Holdings Bhd (XKLS:0245) Enterprise Value: RM1,682.9 Mil (As of Jul. 25, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0245 MN Holdings Bhd XKLS:0245
79 GF Score
Price RM2.93
GF Value RM2.17
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is MN Holdings Bhd Enterprise Value?

MN Holdings Bhd XKLS:0245 -0.68% 79 Enterprise Value is RM1,682.9 Mil as of Jul. 25, 2026. GuruFocus rates XKLS:0245 with a GF Score™ of 79/100 and a GF Value™ of RM2.17 (Significantly Overvalued). The stock has 7 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, MN Holdings Bhd's Enterprise Value is RM1,682.9 Mil. MN Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM115.4 Mil. Therefore, MN Holdings Bhd's EV-to-EBIT ratio for today is 14.58.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MN Holdings Bhd's Enterprise Value is RM1,682.9 Mil. MN Holdings Bhd's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was RM118.6 Mil. Therefore, MN Holdings Bhd's EV-to-EBITDA ratio for today is 14.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MN Holdings Bhd's Enterprise Value is RM1,682.9 Mil. MN Holdings Bhd's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was RM837.1 Mil. Therefore, MN Holdings Bhd's EV-to-Revenue ratio for today is 2.01.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, MN Holdings Bhd's Enterprise Value is RM1,682.9 Mil. MN Holdings Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was RM114.2 Mil. Therefore, MN Holdings Bhd's EV-to-OCF ratio for today is 14.73.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, MN Holdings Bhd's Enterprise Value is RM1,682.9 Mil. MN Holdings Bhd's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was RM114.5 Mil. Therefore, MN Holdings Bhd's EV-to-FCF ratio for today is 14.70.

*** 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.


MN Holdings Bhd  (XKLS:0245) 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.

MN Holdings Bhd's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1682.862/115.384
=14.58

MN Holdings Bhd's current Enterprise Value is RM1,682.9 Mil.
MN Holdings 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 RM115.4 Mil.

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

MN Holdings Bhd's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1682.862/118.628
=14.19

MN Holdings Bhd's current Enterprise Value is RM1,682.9 Mil.
MN Holdings 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 RM118.6 Mil.

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

MN Holdings Bhd's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1682.862/837.143
=2.01

MN Holdings Bhd's current Enterprise Value is RM1,682.9 Mil.
MN Holdings 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 RM837.1 Mil.

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

MN Holdings Bhd's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1682.862/114.239
=14.73

MN Holdings Bhd's current Enterprise Value is RM1,682.9 Mil.
MN Holdings 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 RM114.2 Mil.

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

MN Holdings Bhd's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1682.862/114.516
=14.70

MN Holdings Bhd's current Enterprise Value is RM1,682.9 Mil.
MN Holdings 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 RM114.5 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.


MN Holdings Bhd Enterprise Value Related Terms


MN Holdings Bhd Enterprise Value Historical Data

* Premium members only.

The historical data trend for MN Holdings 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.

MN Holdings Bhd Enterprise Value Chart

MN Holdings Bhd Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial 0.00 84.94 120.84 438.57 752.95

MN Holdings Bhd Quarterly Data
Jun20 Jun21 Oct21 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 546.49 752.95 883.76 793.44 867.36

XKLS:0245 vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, MN Holdings 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.


MN Holdings Bhd Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, MN Holdings Bhd's Enterprise Value distribution charts can be found below:

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


XKLS:0245
79GF Score
MN Holdings Bhd XKLS:0245
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MN Holdings 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.

MN Holdings Bhd's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

MN Holdings 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 RM1,682.9 Mil mean?
MN Holdings Bhd (XKLS:0245) has a Enterprise Value of RM1,682.9 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MN Holdings Bhd and its competitors.
Is MN Holdings Bhd's Enterprise Value too high?
MN Holdings Bhd's current Enterprise Value is RM1,682.9 Mil. Overall, MN Holdings Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MN Holdings Bhd's Enterprise Value compare to PWR and FIX?
MN Holdings Bhd's Enterprise Value of RM1,682.9 Mil can be compared against companies in the Construction 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 a Construction company?
A good Enterprise Value depends on the Construction 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 MN Holdings Bhd and its competitors. MN Holdings Bhd's current Enterprise Value is RM1,682.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MN Holdings Bhd (XKLS:0245) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.17, compared to a current price of RM2.93 — trading 35% above its estimated fair value. The current Enterprise Value is RM1,682.9 Mil. MN Holdings Bhd's overall GF Score™ is 79/100 with 7 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 MN Holdings Bhd (XKLS:0245), the current Enterprise Value is RM1,682.9 Mil as of Jul. 25, 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 MN Holdings Bhd (XKLS:0245) Overvalued in 2026?

Based on GuruFocus' analysis, MN Holdings Bhd stock appears to be overvalued. The current stock price of RM2.93 is trading 35% above its estimated GF Value™ of RM2.17. GuruFocus considers MN Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0245:

  • Enterprise Value: RM1,682.9 Mil
  • GF Value™: RM2.17 vs. price of RM2.93 (35% above fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MN Holdings Bhd Business Description

Address Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650
MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
79GF Score

Get the complete analysis for XKLS:0245

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

RM2.93
Price
RM2.17
GF Value