Cabnet Holdings Bhd (XKLS:0191) Operating Income: RM-6.92 Mil (TTM As of Feb. 2026)

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XKLS:0191 Cabnet Holdings Bhd XKLS:0191
49 GF Score
Price RM0.21
GF Value RM0.19
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Cabnet Holdings Bhd Operating Income?

Cabnet Holdings Bhd XKLS:0191 49 Operating Income is RM-6.92 Mil as of Feb. 2026. GuruFocus rates XKLS:0191 with a GF Score™ of 49/100 and a GF Value™ of RM0.19 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Cabnet Holdings Bhd's Operating Income for the three months ended in Feb. 2026 was RM-8.44 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was RM-6.92 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cabnet Holdings Bhd's Operating Income for the three months ended in Feb. 2026 was RM-8.44 Mil. Cabnet Holdings Bhd's Revenue for the three months ended in Feb. 2026 was RM20.86 Mil. Therefore, Cabnet Holdings Bhd's Operating Margin % for the quarter that ended in Feb. 2026 was -40.48%.

Cabnet Holdings Bhd's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cabnet Holdings Bhd's annualized ROC % for the quarter that ended in Feb. 2026 was -61.45%. Cabnet Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -651.90%.


Cabnet Holdings Bhd  (XKLS:0191) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cabnet Holdings Bhd's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-33.768 * ( 1 - 0% )/( (61.36 + 48.541)/ 2 )
=-33.768/54.9505
=-61.45 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Cabnet Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-64.704/( ( (10.484 + max(-4.516, 0)) + (9.367 + max(-17.034, 0)) )/ 2 )
=-64.704/( ( 10.484 + 9.367 )/ 2 )
=-64.704/9.9255
=-651.90 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.178 + 3.23 + 0.56699999999999) - (49.331 + 0 + 11.16)
=-4.516

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.971 + 10.375 + 6.642) - (46.745 + 0 + 8.277)
=-17.034

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Cabnet Holdings Bhd's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=-8.442/20.856
=-40.48 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Cabnet Holdings Bhd Operating Income Related Terms


Cabnet Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Cabnet Holdings Bhd's Operating Income 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.

Cabnet Holdings Bhd Operating Income Chart

Cabnet Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.07 1.69 7.48 1.79 -9.15

Cabnet Holdings Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Operating Income 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 0.03 0.67 0.39 0.46 -8.44
XKLS:0191
49GF Score
Cabnet Holdings Bhd XKLS:0191
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Cabnet Holdings Bhd Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-6.92 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of RM-6.92 Mil mean?
Cabnet Holdings Bhd (XKLS:0191) has a Operating Income of RM-6.92 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Cabnet Holdings Bhd and its competitors.
Is Cabnet Holdings Bhd's Operating Income too high?
Cabnet Holdings Bhd's current Operating Income is RM-6.92 Mil. Overall, Cabnet Holdings Bhd has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cabnet Holdings Bhd's Operating Income compare to PWR and FIX?
Cabnet Holdings Bhd's Operating Income of RM-6.92 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 Operating Income for a Construction company?
A good Operating Income depends on the Construction industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Cabnet Holdings Bhd and its competitors. Cabnet Holdings Bhd's current Operating Income is RM-6.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cabnet Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Cabnet Holdings Bhd (XKLS:0191) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.21 — trading 10.5% above its estimated fair value. The current Operating Income is RM-6.92 Mil. Cabnet Holdings Bhd's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Cabnet Holdings Bhd (XKLS:0191), the current Operating Income is RM-6.92 Mil as of Feb. 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 Cabnet Holdings Bhd (XKLS:0191) Overvalued in 2026?

Based on GuruFocus' analysis, Cabnet Holdings Bhd stock appears to be overvalued. The current stock price of RM0.21 is trading 10.5% above its estimated GF Value™ of RM0.19. GuruFocus considers Cabnet Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0191:

  • Operating Income: RM-6.92 Mil
  • GF Value™: RM0.19 vs. price of RM0.21 (10.5% above fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cabnet Holdings Bhd Business Description

Address No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100
Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. ELV Systems includes an Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.
49GF Score

Get the complete analysis for XKLS:0191

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

RM0.21
Price
RM0.19
GF Value