White Horse Bhd (XKLS:5009) Market Cap: RM100.2 Mil (As of Jul. 09, 2026)


XKLS:5009 White Horse Bhd XKLS:5009
32 GF Score
Price RM0.46
GF Value RM0.59
Valuation Modestly Undervalued
! 2 Warning Signs
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What is White Horse Bhd Market Cap?

White Horse Bhd XKLS:5009 32 Market Cap is RM100.2 Mil as of Jul. 09, 2026. GuruFocus rates XKLS:5009 with a GF Score™ of 32/100 and a GF Value™ of RM0.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 416 Building Materials companies, White Horse Bhd ranks worse than 79.57% 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). White Horse Bhd's share price for the quarter that ended in Mar. 2026 was RM0.55. White Horse Bhd's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 220.5 Mil. Therefore, White Horse Bhd's market cap for the quarter that ended in Mar. 2026 was RM121.3 Mil.

White Horse Bhd's quarterly market cap declined from Sep. 2025 (RM180.8 Mil) to Dec. 2025 (RM138.9 Mil) and declined from Dec. 2025 (RM138.9 Mil) to Mar. 2026 (RM121.3 Mil).

White Horse Bhd's annual market cap increased from Dec. 2023 (RM138.9 Mil) to Dec. 2024 (RM158.8 Mil) but then declined from Dec. 2024 (RM158.8 Mil) to Dec. 2025 (RM138.9 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. White Horse Bhd's Enterprise Value for Today is RM11.1 Mil.


White Horse Bhd  (XKLS:5009) 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.


White Horse Bhd Market Cap Related Terms


White Horse Bhd Market Cap Historical Data

* Premium members only.

The historical data trend for White Horse 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.

White Horse Bhd Market Cap Chart

White Horse Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.03 134.52 138.93 158.78 138.93

White Horse 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 164.29 179.73 180.83 138.93 121.29

XKLS:5009 vs CRH, VMC, MLM: Market Cap Comparison

For the Building Materials subindustry, White Horse 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.


White Horse Bhd Market Cap vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, White Horse Bhd's Market Cap distribution charts can be found below:

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


XKLS:5009
32GF Score
White Horse Bhd XKLS:5009
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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White Horse 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.

White Horse Bhd's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=RM0.63*220.526
=RM138.9

White Horse 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 )
=RM0.55*220.526
=RM121.3

* 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 RM100.2 Mil mean?
White Horse Bhd (XKLS:5009) has a Market Cap of RM100.2 Mil as of Jul. 09, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on White Horse Bhd and its competitors. According to the industry distribution chart, White Horse Bhd ranks #331 out of 416 companies in the Building Materials industry, placing it in the top 79.6%.
Is White Horse Bhd's Market Cap too high?
White Horse Bhd's current Market Cap is RM100.2 Mil. Based on the distribution chart, White Horse Bhd ranks #331 out of 416 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, White Horse Bhd has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does White Horse Bhd's Market Cap compare to CRH and VMC?
According to the Building Materials industry distribution chart, White Horse Bhd ranks #331 out of 416 companies for Market Cap. This places White Horse Bhd in the lower half of its industry. The industry median Market Cap is 187.24. 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 a Building Materials company?
The median Market Cap among Building Materials companies is 187.24, based on 416 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 White Horse Bhd and its competitors. For the Building Materials industry, the median Market Cap is 187.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Horse Bhd's current Market Cap is RM100.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Horse Bhd stock overvalued right now?
Based on GuruFocus' analysis, White Horse Bhd (XKLS:5009) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.59, compared to a current price of RM0.46 — trading 22.9% below its estimated fair value. The current Market Cap is RM100.2 Mil. White Horse Bhd's overall GF Score™ is 32/100 with 2 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 White Horse Bhd (XKLS:5009), the current Market Cap is RM100.2 Mil as of Jul. 09, 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 White Horse Bhd (XKLS:5009) Overvalued in 2026?

Based on GuruFocus' analysis, White Horse Bhd stock appears to be undervalued. The current stock price of RM0.46 is trading 22.9% below its estimated GF Value™ of RM0.59. GuruFocus considers White Horse Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5009:

  • Market Cap: RM100.2 Mil
  • GF Value™: RM0.59 vs. price of RM0.46 (22.9% below fair value)
  • GF Score™: 32/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


White Horse Bhd Business Description

Address Pasir Gudang Industrial Estate, PLO 464, Jalan Gangsa, Pasir Gudang, JHR, MYS, 81700
White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic wall, floor tiles and the provision of management services. Its segments include Malaysia, Vietnam, and Others. The Malaysia segment includes the manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes the manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include the distribution of ceramic homogenous tiles in Indonesia, the Philippine, Singapore, and Thailand, and China. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles and porcelain tiles. It generates the majority of revenue from the Malaysian segment.
32GF Score

Get the complete analysis for XKLS:5009

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

RM0.46
Price
RM0.59
GF Value