Berjaya Assets Bhd (XKLS:3239) Financial Strength: 2 (As of Mar. 2026) — 33% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:3239 Berjaya Assets Bhd XKLS:3239
23 GF Score
Price RM0.30
GF Value RM0.36
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Berjaya Assets Bhd Financial Strength?

Berjaya Assets Bhd XKLS:3239 +1.72% 23 Financial Strength is 2 as of Mar. 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates XKLS:3239 with a GF Score™ of 23/100 and a GF Value™ of RM0.36 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Berjaya Assets Bhd has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Berjaya Assets Bhd displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Berjaya Assets Bhd's Interest Coverage for the quarter that ended in Mar. 2026 was 1.95. Berjaya Assets Bhd's debt to revenue ratio for the quarter that ended in Mar. 2026 was 1.67. As of today, Berjaya Assets Bhd's Altman Z-Score is 0.68.


Berjaya Assets Bhd  (XKLS:3239) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Berjaya Assets Bhd has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Berjaya Assets Bhd Financial Strength Related Terms


XKLS:3239 vs MMM, HON: Financial Strength Comparison

For the Conglomerates subindustry, Berjaya Assets Bhd's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Berjaya Assets Bhd Financial Strength vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berjaya Assets Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Berjaya Assets Bhd's Financial Strength falls into.


XKLS:3239
23GF Score
Berjaya Assets Bhd XKLS:3239
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berjaya Assets Bhd Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Berjaya Assets Bhd's Interest Expense for the months ended in Mar. 2026 was RM-11.6 Mil. Its Operating Income for the months ended in Mar. 2026 was RM22.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM275.6 Mil.

Berjaya Assets Bhd's Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*22.481/-11.552
=1.95

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Berjaya Assets Bhd interest coverage is 1.45, which is low.

2. Debt to revenue ratio. The lower, the better.

Berjaya Assets Bhd's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(247.493 + 275.576) / 313.216
=1.67

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Berjaya Assets Bhd has a Z-score of 0.68, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.68 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 2 mean?
Berjaya Assets Bhd (XKLS:3239) has a Financial Strength of 2 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Berjaya Assets Bhd and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Berjaya Assets Bhd's Financial Strength has ranged from 2.00 to 5.00.
Is Berjaya Assets Bhd's Financial Strength too high?
Berjaya Assets Bhd's current Financial Strength of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. Overall, Berjaya Assets Bhd has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berjaya Assets Bhd's Financial Strength compare to MMM and HON?
Berjaya Assets Bhd's Financial Strength of 2 can be compared against companies in the Conglomerates industry. Historically, Berjaya Assets Bhd's own Financial Strength has ranged from 2.00 to 5.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Conglomerates company?
A good Financial Strength depends on the Conglomerates industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Berjaya Assets Bhd and its competitors. Berjaya Assets Bhd's current Financial Strength is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berjaya Assets Bhd stock overvalued right now?
Based on GuruFocus' analysis, Berjaya Assets Bhd (XKLS:3239) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.36, compared to a current price of RM0.30 — trading 18.1% below its estimated fair value. The current Financial Strength is 2, which is 33% below median its 10-year median of 3.00. Berjaya Assets Bhd's overall GF Score™ is 23/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Berjaya Assets Bhd (XKLS:3239), the current Financial Strength is 2 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 Assets Bhd (XKLS:3239) Overvalued in 2026?

Based on GuruFocus' analysis, Berjaya Assets Bhd stock appears to be undervalued. The current stock price of RM0.30 is trading 18.1% below its estimated GF Value™ of RM0.36. GuruFocus considers Berjaya Assets Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3239:

  • Financial Strength: 2 (33% below median its 10-year median of 3.00)
  • GF Value™: RM0.36 vs. price of RM0.30 (18.1% below fair value)
  • GF Score™: 23/100 with 4 warning signs

No single metric tells the full story. See the XKLS:3239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Berjaya Assets Bhd Business Description

Address No. 1 Jalan Imbi, Berjaya Times Square, Level 12, Kuala Lumpur, SGR, MYS, 55100
Berjaya Assets Bhd is an investment holding company. The company's business segments are gaming and related activities, Property development and property investment, and Recreation and others. Group operates various forecast lotteries in Sarawak, as well as provides lottery consultancy and related services. It is also involved in the investment and development of properties; operation of a hotel, theme park, and car park; management of a ferry terminal; and leasing of a theatre, as well as general trading and provision of commission agency services. Business activity of Berjaya is predominantly functioned through Malaysia. The company generates maximum revenue from Property development and property investment segment.
23GF Score

Get the complete analysis for XKLS:3239

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

RM0.30
Price
RM0.36
GF Value