Iris Bhd (XKLS:0010) Market Cap: RM187.6 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 Market Cap?

Iris Bhd XKLS:0010 41 Market Cap is RM187.6 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. Among 3,095 Industrial Products companies, Iris Bhd ranks worse than 74.77% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Iris Bhd's share price for the quarter that ended in Mar. 2026 was RM0.175. Iris Bhd's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 815.7 Mil. Therefore, Iris Bhd's market cap for the quarter that ended in Mar. 2026 was RM142.8 Mil.

Iris Bhd's quarterly market cap declined from Sep. 2025 (RM220.2 Mil) to Dec. 2025 (RM195.8 Mil) and declined from Dec. 2025 (RM195.8 Mil) to Mar. 2026 (RM142.8 Mil).

Iris Bhd's annual market cap increased from Mar. 2024 (RM261.0 Mil) to Mar. 2025 (RM277.3 Mil) but then declined from Mar. 2025 (RM277.3 Mil) to Mar. 2026 (RM142.8 Mil).

Enterprise Value is 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 and cash equivalents. Iris Bhd's Enterprise Value for Today is RM20.7 Mil.


Iris Bhd  (XKLS:0010) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Iris Bhd Market Cap Related Terms


Iris Bhd Market Cap Historical Data

* Premium members only.

The historical data trend for Iris Bhd's Market Cap 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 Market Cap Chart

Iris Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 603.64 309.98 261.03 277.35 142.75

Iris Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 277.35 212.09 220.25 195.77 142.75

Iris Bhd Market Cap Competitor Comparison

For the Business Equipment & Supplies subindustry, Iris Bhd's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Industrial Products Industry

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

* The bar in red indicates where Iris Bhd's Market Cap falls into.


XKLS:0010
41GF Score
Iris Corp Bhd XKLS:0010
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Iris Bhd Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=RM0.175*815.728
=RM142.8

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

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=RM0.175*815.728
=RM142.8

* 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 Market Cap →
What does a Market Cap of RM187.6 Mil mean?
Iris Bhd (XKLS:0010) has a Market Cap of RM187.6 Mil as of Jul. 12, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Iris Bhd and its competitors. According to the industry distribution chart, Iris Bhd ranks #2314 out of 3095 companies in the Industrial Products industry, placing it in the top 74.8%.
Is Iris Bhd's Market Cap too high?
Iris Bhd's current Market Cap is RM187.6 Mil. Based on the distribution chart, Iris Bhd ranks #2314 out of 3095 companies in the Industrial Products industry, which is below the industry midpoint. 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 Market Cap compare to competitors?
According to the Industrial Products industry distribution chart, Iris Bhd ranks #2314 out of 3095 companies for Market Cap. This places Iris Bhd in the lower half of its industry. The industry median Market Cap is 277.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 277.98, based on 3,095 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Iris Bhd and its competitors. For the Industrial Products industry, the median Market Cap is 277.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iris Bhd's current Market Cap is RM187.6 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 Market Cap is RM187.6 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Iris Bhd (XKLS:0010), the current Market Cap is RM187.6 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:

  • Market Cap: RM187.6 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

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

RM0.23
Price
RM0.17
GF Value