Northern Solar Holdings Bhd (XKLS:0340) Enterprise Value: RM235.0 Mil (As of Jul. 04, 2026) ***


XKLS:0340 Northern Solar Holdings Bhd XKLS:0340
19 GF Score
Price RM0.68
! 4 Warning Signs
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What is Northern Solar Holdings Bhd Enterprise Value?

Northern Solar Holdings Bhd XKLS:0340 +0.75% 19 Enterprise Value is RM235.0 Mil as of Jul. 04, 2026. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 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, Northern Solar Holdings Bhd's Enterprise Value is RM235.0 Mil. Northern Solar Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM22.4 Mil. Therefore, Northern Solar Holdings Bhd's EV-to-EBIT ratio for today is 10.48.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Northern Solar Holdings Bhd's Enterprise Value is RM235.0 Mil. Northern Solar Holdings Bhd's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was RM24.0 Mil. Therefore, Northern Solar Holdings Bhd's EV-to-EBITDA ratio for today is 9.79.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Northern Solar Holdings Bhd's Enterprise Value is RM235.0 Mil. Northern Solar Holdings Bhd's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was RM113.0 Mil. Therefore, Northern Solar Holdings Bhd's EV-to-Revenue ratio for today is 2.08.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Northern Solar Holdings Bhd's Enterprise Value is RM235.0 Mil. Northern Solar Holdings Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was RM2.4 Mil. Therefore, Northern Solar Holdings Bhd's EV-to-OCF ratio for today is 97.00.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Northern Solar Holdings Bhd's Enterprise Value is RM235.0 Mil. Northern Solar Holdings Bhd's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was RM-7.6 Mil. Therefore, Northern Solar Holdings Bhd's EV-to-FCF ratio for today is -30.98.

*** 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.


Northern Solar Holdings Bhd  (XKLS:0340) 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.

Northern Solar Holdings Bhd's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=235.028/22.418
=10.48

Northern Solar Holdings Bhd's current Enterprise Value is RM235.0 Mil.
Northern Solar 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 RM22.4 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=235.028/24.008
=9.79

Northern Solar Holdings Bhd's current Enterprise Value is RM235.0 Mil.
Northern Solar 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 RM24.0 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=235.028/112.996
=2.08

Northern Solar Holdings Bhd's current Enterprise Value is RM235.0 Mil.
Northern Solar 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 RM113.0 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=235.028/2.423
=97.00

Northern Solar Holdings Bhd's current Enterprise Value is RM235.0 Mil.
Northern Solar 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 RM2.4 Mil.

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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=235.028/-7.587
=-30.98

Northern Solar Holdings Bhd's current Enterprise Value is RM235.0 Mil.
Northern Solar 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 RM-7.6 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.


Northern Solar Holdings Bhd Enterprise Value Related Terms


Northern Solar Holdings Bhd Enterprise Value Historical Data

* Premium members only.

The historical data trend for Northern Solar 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.

Northern Solar Holdings Bhd Enterprise Value Chart

Northern Solar Holdings Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
0.00 0.00 0.00 229.46 209.31

Northern Solar Holdings Bhd Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.46 228.48 259.89 219.79 209.31

XKLS:0340 vs FSLR, NXT, ENPH: Enterprise Value Comparison

For the Solar subindustry, Northern Solar 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.


Northern Solar Holdings Bhd Enterprise Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's Enterprise Value distribution charts can be found below:

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


XKLS:0340
19GF Score
Northern Solar Holdings Bhd XKLS:0340
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Solar 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.

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

Northern Solar 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 RM235.0 Mil mean?
Northern Solar Holdings Bhd (XKLS:0340) has a Enterprise Value of RM235.0 Mil as of Jul. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Northern Solar Holdings Bhd and its competitors.
Is Northern Solar Holdings Bhd's Enterprise Value too high?
Northern Solar Holdings Bhd's current Enterprise Value is RM235.0 Mil. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Enterprise Value compare to FSLR and NXT?
Northern Solar Holdings Bhd's Enterprise Value of RM235.0 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 Northern Solar Holdings Bhd and its competitors. Northern Solar Holdings Bhd's current Enterprise Value is RM235.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Enterprise Value of RM235.0 Mil. The current Enterprise Value is RM235.0 Mil. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 with 4 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 Northern Solar Holdings Bhd (XKLS:0340), the current Enterprise Value is RM235.0 Mil as of Jul. 04, 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.

Northern Solar Holdings Bhd Business Description

Address No. 3, Jalan SS20/27, Units 8-01 and 8-02, Level 8, Menara Lagenda, Petaling Jaya, SGR, MYS, 47400
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score

Get the complete analysis for XKLS:0340

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

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