Aco Group Bhd (XKLS:0218) Operating Income: RM6.0 Mil (TTM As of Feb. 2026)

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XKLS:0218 Aco Group Bhd XKLS:0218
44 GF Score
Price RM0.16
GF Value RM0.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Aco Group Bhd Operating Income?

Aco Group Bhd XKLS:0218 -3.13% 44 Operating Income is RM6.0 Mil as of Feb. 2026. GuruFocus rates XKLS:0218 with a GF Score™ of 44/100 and a GF Value™ of RM0.21 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Aco Group Bhd's Operating Income for the three months ended in Feb. 2026 was RM1.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was RM6.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aco Group Bhd's Operating Income for the three months ended in Feb. 2026 was RM1.3 Mil. Aco Group Bhd's Revenue for the three months ended in Feb. 2026 was RM31.8 Mil. Therefore, Aco Group Bhd's Operating Margin % for the quarter that ended in Feb. 2026 was 4.00%.

Warning Sign:

Aco Group Bhd operating margin has been in a 5-year decline. The average rate of decline per year is -4.9%.

Aco Group Bhd's 5-Year average Growth Rate for Operating Margin % was -4.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aco Group Bhd's annualized ROC % for the quarter that ended in Feb. 2026 was 1.94%. Aco Group Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 8.06%.


Aco Group Bhd  (XKLS:0218) Operating Income Explanation

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

Aco Group 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 )
=5.088 * ( 1 - 61.01% )/( (100.643 + 103.875)/ 2 )
=1.9838112/102.259
=1.94 %

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:

Aco Group 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 )
=5.552/( ( (21.921 + max(46.659, 0)) + (21.432 + max(47.743, 0)) )/ 2 )
=5.552/( ( 68.58 + 69.175 )/ 2 )
=5.552/68.8775
=8.06 %

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)
=(40.05 + 49.721 + 0.46300000000001) - (43.575 + 0 + -7.105427357601E-15)
=46.659

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.119 + 48.231 + 2.003) - (35.088 + 0 + 2.522)
=47.743

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 %:

Aco Group 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 )
=1.272/31.832
=4.00 %

* 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.


Aco Group Bhd Operating Income Related Terms


Aco Group Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Aco Group 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.

Aco Group Bhd Operating Income Chart

Aco Group Bhd Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.90 5.99 5.25 7.25 6.09

Aco Group Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 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 2.44 1.28 2.10 1.37 1.27
XKLS:0218
44GF Score
Aco Group Bhd XKLS:0218
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Aco Group 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 RM6.0 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 RM6.0 Mil mean?
Aco Group Bhd (XKLS:0218) has a Operating Income of RM6.0 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Aco Group Bhd and its competitors.
Is Aco Group Bhd's Operating Income too high?
Aco Group Bhd's current Operating Income is RM6.0 Mil. Overall, Aco Group Bhd has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aco Group Bhd's Operating Income compare to SNX and ARW?
Aco Group Bhd's Operating Income of RM6.0 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Aco Group Bhd and its competitors. Aco Group Bhd's current Operating Income is RM6.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aco Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aco Group Bhd (XKLS:0218) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.21, compared to a current price of RM0.16 — trading 26.2% below its estimated fair value. The current Operating Income is RM6.0 Mil. Aco Group Bhd's overall GF Score™ is 44/100 with 5 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 Aco Group Bhd (XKLS:0218), the current Operating Income is RM6.0 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 Aco Group Bhd (XKLS:0218) Overvalued in 2026?

Based on GuruFocus' analysis, Aco Group Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 26.2% below its estimated GF Value™ of RM0.21. GuruFocus considers Aco Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0218:

  • Operating Income: RM6.0 Mil
  • GF Value™: RM0.21 vs. price of RM0.16 (26.2% below fair value)
  • GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aco Group Bhd Business Description

Address Jalan Firma 3, PLO 264, No. 14, Kawasan Perindustrian Tebrau 4, Johor Darul Takzim, Johor Bahru, JHR, MYS, 81100
Aco Group Bhd is an investment holding company. Along with its subsidiaries, it is involved in management consultancy activities, distribution of electrical products and accessories, wholesale of household appliances, and trading of electronic, electrical goods, lighting, and lighting accessories. Its product portfolio comprises communication cables and wires, fans and air-conditioners, water heaters, switches and power outlets, and others. The group's reportable operating segments are as follows: Industrial users and Resellers. Maximum revenue is generated from the Industrial users segment, which represents sales of electrical products and accessories to electrical contractors, electrical products manufacturers, and others. Geographically, the group operates mainly in Malaysia.
44GF Score

Get the complete analysis for XKLS:0218

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

RM0.16
Price
RM0.21
GF Value