WTK Holdings Bhd (XKLS:4243) Operating Income: RM20.2 Mil (TTM As of Mar. 2026)

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XKLS:4243 WTK Holdings Bhd XKLS:4243
29 GF Score
Price RM0.80
GF Value RM0.48
Valuation Significantly Overvalued
! 12 Warning Signs
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What is WTK Holdings Bhd Operating Income?

WTK Holdings Bhd XKLS:4243 -1.23% 29 Operating Income is RM20.2 Mil as of Mar. 2026. GuruFocus rates XKLS:4243 with a GF Score™ of 29/100 and a GF Value™ of RM0.48 (Significantly Overvalued). The stock has 12 warning signs investors should review.

WTK Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM6.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM20.2 Mil.

Warning Sign:

WTK Holdings 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. WTK Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM6.8 Mil. WTK Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM131.3 Mil. Therefore, WTK Holdings Bhd's Operating Margin % for the quarter that ended in Mar. 2026 was 5.17%.

Good Sign:

WTK Holdings Bhd operating margin is expanding. Margin expansion is usually a good sign.

WTK Holdings Bhd's 5-Year average Growth Rate for Operating Margin % was 59.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. WTK Holdings Bhd's annualized ROC % for the quarter that ended in Mar. 2026 was 1.82%. WTK Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.59%.


WTK Holdings Bhd  (XKLS:4243) Operating Income Explanation

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

WTK Holdings 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 )
=27.136 * ( 1 - 26.18% )/( (1055.605 + 1142.096)/ 2 )
=20.0317952/1098.8505
=1.82 %

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))
=1368.034 - 49.132 - ( 268.862 - max(0, 175.478 - 438.775+268.862))
=1055.605

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))
=1368.628 - 50.711 - ( 175.821 - max(0, 171.226 - 451.281+175.821))
=1142.096

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

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

WTK Holdings 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 )
=54.228/( ( (809.257 + max(106.862, 0)) + (799.313 + max(224.576, 0)) )/ 2 )
=54.228/( ( 916.119 + 1023.889 )/ 2 )
=54.228/970.004
=5.59 %

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)
=(42.389 + 53.968 + 72.27) - (49.132 + 0 + 12.633)
=106.862

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(214.294 + 49.684 + 11.482) - (50.711 + 0 + 0.173)
=224.576

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 %:

WTK Holdings 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 )
=6.784/131.251
=5.17 %

* 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.


WTK Holdings Bhd Operating Income Related Terms


WTK Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for WTK 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.

WTK Holdings Bhd Operating Income Chart

WTK Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.66 -2.92 -36.01 -39.16 -0.28

WTK Holdings 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 -17.09 6.17 4.08 3.18 6.78
XKLS:4243
29GF Score
WTK Holdings Bhd XKLS:4243
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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WTK 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM20.2 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 RM20.2 Mil mean?
WTK Holdings Bhd (XKLS:4243) has a Operating Income of RM20.2 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on WTK Holdings Bhd and its competitors.
Is WTK Holdings Bhd's Operating Income too high?
WTK Holdings Bhd's current Operating Income is RM20.2 Mil. Overall, WTK Holdings Bhd has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WTK Holdings Bhd's Operating Income compare to HON and MMM?
WTK Holdings Bhd's Operating Income of RM20.2 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 WTK Holdings Bhd and its competitors. WTK Holdings Bhd's current Operating Income is RM20.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WTK Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, WTK Holdings Bhd (XKLS:4243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.48, compared to a current price of RM0.80 — trading 66.7% above its estimated fair value. The current Operating Income is RM20.2 Mil. WTK Holdings Bhd's overall GF Score™ is 29/100 with 12 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 WTK Holdings Bhd (XKLS:4243), the current Operating Income is RM20.2 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 WTK Holdings Bhd (XKLS:4243) Overvalued in 2026?

Based on GuruFocus' analysis, WTK Holdings Bhd stock appears to be overvalued. The current stock price of RM0.80 is trading 66.7% above its estimated GF Value™ of RM0.48. GuruFocus considers WTK Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:4243:

  • Operating Income: RM20.2 Mil
  • GF Value™: RM0.48 vs. price of RM0.80 (66.7% above fair value)
  • GF Score™: 29/100 with 12 warning signs

No single metric tells the full story. See the XKLS:4243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WTK Holdings Bhd Business Description

Address No. 1, Jalan Bujang Suntong, Bangunan Hung Ann, Sibu, SWK, MYS, 96000
WTK Holdings Bhd is an investment holding company. It is diversified group with three core business, plantation, food and tapes. It has five reportable segments Plantation includes cultivation of oil palm, production and sales of crude palm oil and palm kernel; Food includes sales of frozen, chill and consumer products and food catering services; Tapes includes manufacture, sales of adhesive and gummed tapes and the trading of tapes, foil, papers and electrostatic discharge products; Timber includes the extraction and sale of timber, manufacture and sale of plywood, veneer and sawn timber and reforestation; Investment holding and others includes rental income, interest income and amusement, of which majority of sales is from Plantation. It generates majority of revenue from Malaysia.
29GF Score

Get the complete analysis for XKLS:4243

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

RM0.80
Price
RM0.48
GF Value