Tropicana Bhd (XKLS:5401) Enterprise Value: RM5,938 Mil (As of Jul. 16, 2026) ***

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XKLS:5401 Tropicana Corp Bhd XKLS:5401
53 GF Score
Price RM1.24
GF Value RM1.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tropicana Bhd Enterprise Value?

Tropicana Bhd XKLS:5401 +1.64% 53 Enterprise Value is RM5,938 Mil as of Jul. 16, 2026. GuruFocus rates XKLS:5401 with a GF Score™ of 53/100 and a GF Value™ of RM1.41 (Modestly Undervalued). The stock has 5 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, Tropicana Bhd's Enterprise Value is RM5,938 Mil. Tropicana Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM114 Mil. Therefore, Tropicana Bhd's EV-to-EBIT ratio for today is 52.10.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tropicana Bhd's Enterprise Value is RM5,938 Mil. Tropicana Bhd's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was RM138 Mil. Therefore, Tropicana Bhd's EV-to-EBITDA ratio for today is 43.00.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tropicana Bhd's Enterprise Value is RM5,938 Mil. Tropicana Bhd's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was RM1,545 Mil. Therefore, Tropicana Bhd's EV-to-Revenue ratio for today is 3.84.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tropicana Bhd's Enterprise Value is RM5,938 Mil. Tropicana Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was RM-430 Mil. Therefore, Tropicana Bhd's EV-to-OCF ratio for today is -13.82.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tropicana Bhd's Enterprise Value is RM5,938 Mil. Tropicana Bhd's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was RM-441 Mil. Therefore, Tropicana Bhd's EV-to-FCF ratio for today is -13.48.

*** 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.


Tropicana Bhd  (XKLS:5401) 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.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5938.303/113.985
=52.10

Tropicana Bhd's current Enterprise Value is RM5,938 Mil.
Tropicana 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 RM114 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5938.303/138.089
=43.00

Tropicana Bhd's current Enterprise Value is RM5,938 Mil.
Tropicana 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 RM138 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5938.303/1544.76
=3.84

Tropicana Bhd's current Enterprise Value is RM5,938 Mil.
Tropicana 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 RM1,545 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5938.303/-429.599
=-13.82

Tropicana Bhd's current Enterprise Value is RM5,938 Mil.
Tropicana 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-430 Mil.

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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5938.303/-440.523
=-13.48

Tropicana Bhd's current Enterprise Value is RM5,938 Mil.
Tropicana 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-441 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.


Tropicana Bhd Enterprise Value Related Terms


Tropicana Bhd Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tropicana 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.

Tropicana Bhd Enterprise Value Chart

Tropicana Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,799.79 6,941.92 6,834.27 5,512.82 5,969.67

Tropicana 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 5,218.18 5,229.41 5,368.44 5,969.67 5,906.19

Tropicana Bhd Enterprise Value Competitor Comparison

For the Real Estate - Development subindustry, Tropicana 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.


Tropicana Bhd Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tropicana Bhd's Enterprise Value distribution charts can be found below:

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


XKLS:5401
53GF Score
Tropicana Corp Bhd XKLS:5401
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tropicana 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.

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

Tropicana 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 RM5,938 Mil mean?
Tropicana Bhd (XKLS:5401) has a Enterprise Value of RM5,938 Mil as of Jul. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tropicana Bhd and its competitors.
Is Tropicana Bhd's Enterprise Value too high?
Tropicana Bhd's current Enterprise Value is RM5,938 Mil. Overall, Tropicana Bhd has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tropicana Bhd's Enterprise Value compare to competitors?
Tropicana Bhd's Enterprise Value of RM5,938 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Enterprise Value depends on the Real Estate 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 Tropicana Bhd and its competitors. Tropicana Bhd's current Enterprise Value is RM5,938 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropicana Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tropicana Bhd (XKLS:5401) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.41, compared to a current price of RM1.24 — trading 12.1% below its estimated fair value. The current Enterprise Value is RM5,938 Mil. Tropicana Bhd's overall GF Score™ is 53/100 with 5 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 Tropicana Bhd (XKLS:5401), the current Enterprise Value is RM5,938 Mil as of Jul. 16, 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 Tropicana Bhd (XKLS:5401) Overvalued in 2026?

Based on GuruFocus' analysis, Tropicana Bhd stock appears to be undervalued. The current stock price of RM1.24 is trading 12.1% below its estimated GF Value™ of RM1.41. GuruFocus considers Tropicana Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5401:

  • Enterprise Value: RM5,938 Mil
  • GF Value™: RM1.41 vs. price of RM1.24 (12.1% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tropicana Bhd Business Description

Address No. 2A, Persiaran Surian, Unit 1301, Level 13, Tropicana Gardens Office Tower, Tropicana Indah, Petaling Jaya, SGR, MYS, 47810
Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings, and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation, and resort involved in the management and operation of hotels, resorts, golf courses, clubhouse, and investments in commercial and other properties and Investment holding and others that provide landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.
53GF Score

Get the complete analysis for XKLS:5401

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

RM1.24
Price
RM1.41
GF Value