Land & General Bhd (XKLS:3174) Operating Income: RM81.7 Mil (TTM As of Mar. 2026)

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XKLS:3174 Land & General Bhd XKLS:3174
58 GF Score
Price RM0.17
GF Value RM0.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Land & General Bhd Operating Income?

Land & General Bhd XKLS:3174 +3.03% 58 Operating Income is RM81.7 Mil as of Mar. 2026. GuruFocus rates XKLS:3174 with a GF Score™ of 58/100 and a GF Value™ of RM0.24 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Land & General Bhd's Operating Income for the three months ended in Mar. 2026 was RM21.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM81.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Land & General Bhd's Operating Income for the three months ended in Mar. 2026 was RM21.1 Mil. Land & General Bhd's Revenue for the three months ended in Mar. 2026 was RM142.2 Mil. Therefore, Land & General Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 14.87%.

Good Sign:

Land & General Bhd operating margin is expanding. Margin expansion is usually a good sign.

Land & General Bhd's 5-Year average Growth Rate for Operating Margin % was 2.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Land & General Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 4.64%. Land & General Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.01%.


Land & General Bhd  (XKLS:3174) Operating Income Explanation

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

Land & General Bhd's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=84.596 * ( 1 - 24% )/( (1383.78 + 1385.526)/ 2 )
=64.29296/1384.653
=4.64 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1804.532 - 260.654 - ( 160.098 - max(0, 374.214 - 888.448+160.098))
=1383.78

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1819.772 - 286.717 - ( 147.529 - max(0, 391.685 - 901.699+147.529))
=1385.526

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

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

Land & General Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=76.552/( ( (134.78 + max(281.557, 0)) + (133.408 + max(255.696, 0)) )/ 2 )
=76.552/( ( 416.337 + 389.104 )/ 2 )
=76.552/402.7205
=19.01 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.487 + 454.035 + 65.906) - (260.654 + 0 + 67.217)
=281.557

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.971 + 457.118 + 57.485) - (286.717 + 0 + 58.161)
=255.696

When net working capital is negative, 0 is used.

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

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

Land & General Bhd's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=21.149/142.226
=14.87 %

* 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.


Land & General Bhd Operating Income Related Terms


Land & General Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Land & General 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.

Land & General Bhd Operating Income Chart

Land & General Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.94 44.85 43.14 70.08 81.74

Land & General Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 48.45 20.75 17.94 21.91 21.15
XKLS:3174
58GF Score
Land & General Bhd XKLS:3174
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Land & General 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM81.7 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 RM81.7 Mil mean?
Land & General Bhd (XKLS:3174) has a Operating Income of RM81.7 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Land & General Bhd and its competitors.
Is Land & General Bhd's Operating Income too high?
Land & General Bhd's current Operating Income is RM81.7 Mil. Overall, Land & General Bhd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Land & General Bhd's Operating Income compare to competitors?
Land & General Bhd's Operating Income of RM81.7 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 Land & General Bhd and its competitors. Land & General Bhd's current Operating Income is RM81.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land & General Bhd stock overvalued right now?
Based on GuruFocus' analysis, Land & General Bhd (XKLS:3174) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Operating Income is RM81.7 Mil. Land & General Bhd's overall GF Score™ is 58/100 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 Land & General Bhd (XKLS:3174), the current Operating Income is RM81.7 Mil 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 Land & General Bhd (XKLS:3174) Overvalued in 2026?

Based on GuruFocus' analysis, Land & General Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24. GuruFocus considers Land & General Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3174:

  • Operating Income: RM81.7 Mil
  • GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the XKLS:3174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Land & General Bhd Business Description

Address Jalan Cempaka SD 12/5, 8trium, Level 21, Menara 1, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Land & General Bhd is an investment holding, leasing of assets, and provision of management services. Its operating segment includes Property Development; Education; and Others. The other's segment includes land cultivation and investment in commercial properties. It generates maximum revenue from the Property development segment which engaged in the development of residential and commercial properties. The Education segment is engaged in the operation of co-education schooling from kindergarten to secondary education. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Australia.
58GF Score

Get the complete analysis for XKLS:3174

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

RM0.17
Price
RM0.24
GF Value