Varia Bhd (XKLS:5006) Enterprise Value: RM504.0 Mil (As of Aug. 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:5006 Varia Bhd XKLS:5006
52 GF Score
Price RM0.83
GF Value RM2.64
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Varia Bhd Enterprise Value?

Varia Bhd XKLS:5006 52 Enterprise Value is RM504.0 Mil as of Aug. 25, 2026. GuruFocus rates XKLS:5006 with a GF Score™ of 52/100 and a GF Value™ of RM2.64 (Possible Value Trap). 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, Varia Bhd's Enterprise Value is RM504.0 Mil. Varia Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM69.0 Mil. Therefore, Varia Bhd's EV-to-EBIT ratio for today is 7.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Varia Bhd's Enterprise Value is RM504.0 Mil. Varia Bhd's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was RM94.9 Mil. Therefore, Varia Bhd's EV-to-EBITDA ratio for today is 5.31.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Varia Bhd's Enterprise Value is RM504.0 Mil. Varia Bhd's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was RM863.3 Mil. Therefore, Varia Bhd's EV-to-Revenue ratio for today is 0.58.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Varia Bhd's Enterprise Value is RM504.0 Mil. Varia Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was RM-58.2 Mil. Therefore, Varia Bhd's EV-to-OCF ratio for today is -8.67.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Varia Bhd's Enterprise Value is RM504.0 Mil. Varia Bhd's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was RM-58.2 Mil. Therefore, Varia Bhd's EV-to-FCF ratio for today is -8.67.

*** 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.


Varia Bhd  (XKLS:5006) 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.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=503.977/68.997
=7.30

Varia Bhd's current Enterprise Value is RM504.0 Mil.
Varia 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 RM69.0 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=503.977/94.926
=5.31

Varia Bhd's current Enterprise Value is RM504.0 Mil.
Varia 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 RM94.9 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=503.977/863.315
=0.58

Varia Bhd's current Enterprise Value is RM504.0 Mil.
Varia 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 RM863.3 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=503.977/-58.15
=-8.67

Varia Bhd's current Enterprise Value is RM504.0 Mil.
Varia 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 RM-58.2 Mil.

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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=503.977/-58.15
=-8.67

Varia Bhd's current Enterprise Value is RM504.0 Mil.
Varia 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-58.2 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.


Varia Bhd Enterprise Value Related Terms


Varia Bhd Enterprise Value Historical Data

* Premium members only.

The historical data trend for Varia 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.

Varia Bhd Enterprise Value Chart

Varia Bhd Annual Data
Trend Jan14 Jan15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.57 61.90 95.39 70.17 431.95

Varia Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 412.66 431.95 397.09 507.41 529.92

XKLS:5006 vs PWR, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, Varia 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.


Varia Bhd Enterprise Value vs Construction Industry

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

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


XKLS:5006
52GF Score
Varia Bhd XKLS:5006
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Varia 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.

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

Varia 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 RM504.0 Mil mean?
Varia Bhd (XKLS:5006) has a Enterprise Value of RM504.0 Mil as of Aug. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Varia Bhd and its competitors.
Is Varia Bhd's Enterprise Value too high?
Varia Bhd's current Enterprise Value is RM504.0 Mil. Overall, Varia Bhd has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Varia Bhd's Enterprise Value compare to PWR and EME?
Varia Bhd's Enterprise Value of RM504.0 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 Varia Bhd and its competitors. Varia Bhd's current Enterprise Value is RM504.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Varia Bhd (XKLS:5006) is currently considered Possible Value Trap. The stock's GF Value™ is RM2.64, compared to a current price of RM0.83 — trading 68.6% below its estimated fair value. The current Enterprise Value is RM504.0 Mil. Varia Bhd's overall GF Score™ is 52/100 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 Varia Bhd (XKLS:5006), the current Enterprise Value is RM504.0 Mil as of Aug. 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 Varia Bhd (XKLS:5006) Overvalued in 2026?

Based on GuruFocus' analysis, Varia Bhd stock appears to be undervalued. The current stock price of RM0.83 is trading 68.6% below its estimated GF Value™ of RM2.64. GuruFocus considers Varia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5006:

  • Enterprise Value: RM504.0 Mil
  • GF Value™: RM2.64 vs. price of RM0.83 (68.6% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Varia Bhd Business Description

Address Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 1105, Block E, Level 11, Petaling Jaya, SGR, MYS, 46350
Varia Bhd formerly Stella Holdings Bhd is an investment holding company. The company's segment includes Investment holding; Construction; Property investment; Property development; and others. It generates maximum revenue from the Construction segment. The Construction segment includes Construction of civil and structural, mechanical and electrical works and project management.
52GF Score

Get the complete analysis for XKLS:5006

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

RM0.83
Price
RM2.64
GF Value