Berjaya Property Bhd (XKLS:4219) Operating Income: RM318 Mil (TTM As of Mar. 2026)

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XKLS:4219 Berjaya Property Bhd XKLS:4219
29 GF Score
Price RM0.26
GF Value RM0.29
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Berjaya Property Bhd Operating Income?

Berjaya Property Bhd XKLS:4219 -1.92% 29 Operating Income is RM318 Mil as of Mar. 2026. GuruFocus rates XKLS:4219 with a GF Score™ of 29/100 and a GF Value™ of RM0.29 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Berjaya Property Bhd's Operating Income for the three months ended in Mar. 2026 was RM75 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM318 Mil.

Warning Sign:

Berjaya Property Bhd has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Berjaya Property Bhd's Operating Income for the three months ended in Mar. 2026 was RM75 Mil. Berjaya Property Bhd's Revenue for the three months ended in Mar. 2026 was RM1,834 Mil. Therefore, Berjaya Property Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 4.11%.

Good Sign:

Berjaya Property Bhd operating margin is expanding. Margin expansion is usually a good sign.

Berjaya Property Bhd's 5-Year average Growth Rate for Operating Margin % was 79.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Berjaya Property Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. Berjaya Property Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.15%.


Berjaya Property Bhd  (XKLS:4219) Operating Income Explanation

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

Berjaya Property 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 )
=301.808 * ( 1 - 100% )/( (12904.178 + 12834.567)/ 2 )
=0/12869.3725
=0.00 %

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))
=14821.929 - 1760.034 - ( 1180.55 - max(0, 3913.58 - 4071.297+1180.55))
=12904.178

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))
=14633.84 - 1901.617 - ( 1135.55 - max(0, 4076.979 - 3974.635+1135.55))
=12834.567

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

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

Berjaya Property 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 )
=372.98/( ( (3580.182 + max(733.451, 0)) + (3310.082 + max(526.376, 0)) )/ 2 )
=372.98/( ( 4313.633 + 3836.458 )/ 2 )
=372.98/4075.0455
=9.15 %

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)
=(1468.16 + 1171.432 + 198.525) - (1760.034 + 0 + 344.632)
=733.451

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1467.525 + 1089.697 + 193.611) - (1901.617 + 0 + 322.84)
=526.376

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 %:

Berjaya Property 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 )
=75.452/1833.89
=4.11 %

* 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.


Berjaya Property Bhd Operating Income Related Terms


Berjaya Property Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for Berjaya Property 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.

Berjaya Property Bhd Operating Income Chart

Berjaya Property Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.23 167.03 306.58 314.20 231.39

Berjaya Property 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 108.07 103.82 132.21 6.13 75.45
XKLS:4219
29GF Score
Berjaya Property Bhd XKLS:4219
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Berjaya Property 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 RM318 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 RM318 Mil mean?
Berjaya Property Bhd (XKLS:4219) has a Operating Income of RM318 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Berjaya Property Bhd and its competitors.
Is Berjaya Property Bhd's Operating Income too high?
Berjaya Property Bhd's current Operating Income is RM318 Mil. Overall, Berjaya Property Bhd has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berjaya Property Bhd's Operating Income compare to MMM and HON?
Berjaya Property Bhd's Operating Income of RM318 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Operating Income depends on the Conglomerates 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 Berjaya Property Bhd and its competitors. Berjaya Property Bhd's current Operating Income is RM318 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berjaya Property Bhd stock overvalued right now?
Based on GuruFocus' analysis, Berjaya Property Bhd (XKLS:4219) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.26 — trading 12.1% below its estimated fair value. The current Operating Income is RM318 Mil. Berjaya Property Bhd's overall GF Score™ is 29/100 with 8 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 Berjaya Property Bhd (XKLS:4219), the current Operating Income is RM318 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 Berjaya Property Bhd (XKLS:4219) Overvalued in 2026?

Based on GuruFocus' analysis, Berjaya Property Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 12.1% below its estimated GF Value™ of RM0.29. GuruFocus considers Berjaya Property Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:4219:

  • Operating Income: RM318 Mil
  • GF Value™: RM0.29 vs. price of RM0.26 (12.1% below fair value)
  • GF Score™: 29/100 with 8 warning signs

No single metric tells the full story. See the XKLS:4219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Berjaya Property Bhd Business Description

Address No. 1 Jalan Imbi, Level 12 (East Wing), Berjaya Times Square, Kuala Lumpur, SGR, MYS, 55100
Berjaya Property Bhd, formerly known as Berjaya Land Bhd, is an investment holding company providing management services across gaming, motor retailing, hospitality, recreation, vacation timeshare, and property development. Its key segments include Toto betting and computerized wagering systems; motor vehicle dealership with retail, repairs, maintenance, and aftersales services; property development and leasing of residential and commercial properties; hotel and resort operations; and club, recreation, and vacation timeshare services including air charter. The motor vehicle dealership segment is the main revenue contributor, with operations in Malaysia and internationally.
29GF Score

Get the complete analysis for XKLS:4219

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

RM0.26
Price
RM0.29
GF Value