White Horse Bhd (XKLS:5009) OCF Margin %: -17.35% (As of Mar. 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 OCF Margin %?

White Horse Bhd XKLS:5009 32 OCF Margin % is -17.35% as of Mar. 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 402 Building Materials companies, White Horse Bhd ranks worse than 66.92% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. White Horse Bhd's Cash Flow from Operations for the three months ended in Mar. 2026 was RM-12.7 Mil. White Horse Bhd's Revenue for the three months ended in Mar. 2026 was RM73.4 Mil. Therefore, White Horse Bhd's OCF Margin % for the quarter that ended in Mar. 2026 was -17.35%.

As of today, White Horse Bhd's current OCF Yield % is 21.24%.

The historical rank and industry rank for White Horse Bhd's OCF Margin % or its related term are showing as below:

XKLS:5009' s OCF Margin % Range Over the Past 10 Years
Min: -10.09   Med: 6.92   Max: 15.99
Current: 5.84


During the past 13 years, the highest OCF Margin % of White Horse Bhd was 15.99%. The lowest was -10.09%. And the median was 6.92%.

XKLS:5009's OCF Margin % is ranked worse than
66.92% of 402 companies
in the Building Materials industry
Industry Median: 10.58 vs XKLS:5009: 5.84


White Horse Bhd OCF Margin % Related Terms


White Horse Bhd OCF Margin % Historical Data

* Premium members only.

The historical data trend for White Horse Bhd's OCF Margin % 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 OCF Margin % Chart

White Horse Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 -10.09 7.13 3.88 7.76

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
OCF Margin % 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 -4.99 16.30 4.54 14.48 -17.35

XKLS:5009 vs CRH, VMC, MLM: OCF Margin % Comparison

For the Building Materials subindustry, White Horse Bhd's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Building Materials Industry

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

* The bar in red indicates where White Horse Bhd's OCF Margin % falls into.


XKLS:5009
32GF Score
White Horse Bhd XKLS:5009
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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White Horse Bhd OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=29.547/380.537
=7.76 %

White Horse Bhd's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-12.741/73.419
=-17.35 %

* 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 OCF Margin % →
What does a OCF Margin % of -17.35% mean?
White Horse Bhd (XKLS:5009) has a OCF Margin % of -17.35% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on White Horse Bhd and its competitors. According to the industry distribution chart, White Horse Bhd ranks #269 out of 402 companies in the Building Materials industry, placing it in the top 66.9%.
Is White Horse Bhd's OCF Margin % too high?
White Horse Bhd's current OCF Margin % is -17.35%. Based on the distribution chart, White Horse Bhd ranks #269 out of 402 companies in the Building Materials industry, which is below the industry midpoint. 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 OCF Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, White Horse Bhd ranks #269 out of 402 companies for OCF Margin %. This places White Horse Bhd in the lower half of its industry. The industry median OCF Margin % is 10.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Building Materials company?
The median OCF Margin % among Building Materials companies is 10.58, based on 402 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on White Horse Bhd and its competitors. For the Building Materials industry, the median OCF Margin % is 10.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Horse Bhd's current OCF Margin % is -17.35%. 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 OCF Margin % is -17.35%. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For White Horse Bhd (XKLS:5009), the current OCF Margin % is -17.35% as of Mar. 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:

  • OCF Margin %: -17.35%
  • 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

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

RM0.46
Price
RM0.59
GF Value