DXN Holdings Bhd (XKLS:5318) Operating Income: RM431 Mil (TTM As of May. 2026)

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XKLS:5318 DXN Holdings Bhd XKLS:5318
59 GF Score
Price RM0.47
GF Value RM0.51
Valuation Fairly Valued
! 2 Warning Signs
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What is DXN Holdings Bhd Operating Income?

DXN Holdings Bhd XKLS:5318 59 Operating Income is RM431 Mil as of May. 2026. GuruFocus rates XKLS:5318 with a GF Score™ of 59/100 and a GF Value™ of RM0.51 (Fairly Valued). The stock has 2 warning signs investors should review.

DXN Holdings Bhd's Operating Income for the three months ended in May. 2026 was RM100 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was RM431 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. DXN Holdings Bhd's Operating Income for the three months ended in May. 2026 was RM100 Mil. DXN Holdings Bhd's Revenue for the three months ended in May. 2026 was RM443 Mil. Therefore, DXN Holdings Bhd's Operating Margin % for the quarter that ended in May. 2026 was 22.67%.

Warning Sign:

DXN Holdings Bhd operating margin has been in a 5-year decline. The average rate of decline per year is -2.7%.

DXN Holdings Bhd's 5-Year average Growth Rate for Operating Margin % was -2.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DXN Holdings Bhd's annualized ROC % for the quarter that ended in May. 2026 was 17.50%. DXN Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 43.36%.


DXN Holdings Bhd  (XKLS:5318) Operating Income Explanation

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

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

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=401.816 * ( 1 - 40.37% )/( (1417.502 + 1320.404)/ 2 )
=239.6028808/1368.953
=17.50 %

where

Invested Capital(Q: Feb. 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))
=2161.45 - 348.709 - ( 625.882 - max(0, 680.362 - 1075.601+625.882))
=1417.502

Invested Capital(Q: May. 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))
=2199.873 - 518.858 - ( 621.76 - max(0, 717.785 - 1078.396+621.76))
=1320.404

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

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

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

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=416.524/( ( (958.362 + max(-107.169, 0)) + (962.685 + max(-62.818, 0)) )/ 2 )
=416.524/( ( 958.362 + 962.685 )/ 2 )
=416.524/960.5235
=43.36 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.839 + 284.197 + 85.813) - (348.709 + 0 + 145.309)
=-107.169

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(139.639 + 302.061 + 14.502) - (518.858 + 0 + 0.16200000000003)
=-62.818

When net working capital is negative, 0 is used.

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

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

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

Operating Margin %=Operating Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=100.454/443.03
=22.67 %

* 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.


DXN Holdings Bhd Operating Income Related Terms


DXN Holdings Bhd Operating Income Historical Data

* Premium members only.

The historical data trend for DXN 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.

DXN Holdings Bhd Operating Income Chart

DXN Holdings Bhd Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial 364.04 457.64 482.69 522.00 453.37

DXN Holdings Bhd Quarterly Data
Feb20 Feb21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 122.88 119.59 114.43 96.47 100.45
XKLS:5318
59GF Score
DXN Holdings Bhd XKLS:5318
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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DXN 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM431 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 RM431 Mil mean?
DXN Holdings Bhd (XKLS:5318) has a Operating Income of RM431 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DXN Holdings Bhd and its competitors.
Is DXN Holdings Bhd's Operating Income too high?
DXN Holdings Bhd's current Operating Income is RM431 Mil. Overall, DXN Holdings Bhd has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DXN Holdings Bhd's Operating Income compare to KHC and GIS?
DXN Holdings Bhd's Operating Income of RM431 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 DXN Holdings Bhd and its competitors. DXN Holdings Bhd's current Operating Income is RM431 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DXN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, DXN Holdings Bhd (XKLS:5318) is currently considered Fairly Valued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.47 — trading 8.8% below its estimated fair value. The current Operating Income is RM431 Mil. DXN Holdings Bhd's overall GF Score™ is 59/100 with 2 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 DXN Holdings Bhd (XKLS:5318), the current Operating Income is RM431 Mil as of May. 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 DXN Holdings Bhd (XKLS:5318) Overvalued in 2026?

Based on GuruFocus' analysis, DXN Holdings Bhd stock appears to be undervalued. The current stock price of RM0.47 is trading 8.8% below its estimated GF Value™ of RM0.51. GuruFocus considers DXN Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:5318:

  • Operating Income: RM431 Mil
  • GF Value™: RM0.51 vs. price of RM0.47 (8.8% below fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DXN Holdings Bhd Business Description

Address 213 Lebuhraya Sultan Abdul Halim, Alor Setar, KDH, MYS, 05400
DXN Holdings Bhd is engaged in the cultivation, manufacturing, and marketing of health food supplements. Based in Malaysia with other countries, the company is known for its Ganoderma business. Its product lines include dietary supplements, food and beverages, personal care products, skincare, cosmetics, household products, and water treatment systems. It has two segments: Health and wellness consumer products and Investment holding.
59GF Score

Get the complete analysis for XKLS:5318

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

RM0.47
Price
RM0.51
GF Value