IFCA MSC Bhd (XKLS:0023) Scaled Net Operating Assets: 0.38 (As of Mar. 2026)


XKLS:0023 IFCA MSC Bhd XKLS:0023
50 GF Score
Price RM0.21
GF Value RM0.33
Valuation Significantly Undervalued
! 4 Warning Signs
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What is IFCA MSC Bhd Scaled Net Operating Assets?

IFCA MSC Bhd XKLS:0023 +2.50% 50 Scaled Net Operating Assets is 0.38 as of Mar. 2026. GuruFocus rates XKLS:0023 with a GF Score™ of 50/100 and a GF Value™ of RM0.33 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IFCA MSC Bhd's operating assets for the quarter that ended in Mar. 2026 was RM90.21 Mil. IFCA MSC Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM30.56 Mil. IFCA MSC Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM155.30 Mil. Therefore, IFCA MSC Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.38.

IFCA MSC Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for IFCA MSC Bhd's Scaled Net Operating Assets 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.

IFCA MSC Bhd Scaled Net Operating Assets Chart

IFCA MSC Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.28 0.31 0.33 0.33

IFCA MSC Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.34 0.36 0.38 0.35 0.38

XKLS:0023 vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, IFCA MSC Bhd's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

IFCA MSC Bhd Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, IFCA MSC Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where IFCA MSC Bhd's Scaled Net Operating Assets falls into.


XKLS:0023
50GF Score
IFCA MSC Bhd XKLS:0023
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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IFCA MSC Bhd Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IFCA MSC Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(87.407-33.374)/165.516
=0.33

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=155.3 - 67.893
=87.407

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.044 - 0.178 - 0.492
=33.374

IFCA MSC Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(90.213-30.555)/155.3
=0.38

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=152.15 - 61.937
=90.213

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31.111 - 0.06 - 0.496
=30.555

* 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.

What does a Scaled Net Operating Assets of 0.38 mean?
IFCA MSC Bhd (XKLS:0023) has a Scaled Net Operating Assets of 0.38 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IFCA MSC Bhd and its competitors.
Is IFCA MSC Bhd's Scaled Net Operating Assets too high?
IFCA MSC Bhd's current Scaled Net Operating Assets is 0.38. Overall, IFCA MSC Bhd has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFCA MSC Bhd's Scaled Net Operating Assets compare to UBER and SHOP?
IFCA MSC Bhd's Scaled Net Operating Assets of 0.38 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IFCA MSC Bhd and its competitors. IFCA MSC Bhd's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFCA MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, IFCA MSC Bhd (XKLS:0023) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.21 — trading 37.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.38. IFCA MSC Bhd's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For IFCA MSC Bhd (XKLS:0023), the current Scaled Net Operating Assets is 0.38 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 IFCA MSC Bhd (XKLS:0023) Overvalued in 2026?

Based on GuruFocus' analysis, IFCA MSC Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 37.9% below its estimated GF Value™ of RM0.33. GuruFocus considers IFCA MSC Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0023:

  • Scaled Net Operating Assets: 0.38
  • GF Value™: RM0.33 vs. price of RM0.21 (37.9% below fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IFCA MSC Bhd Business Description

Address Wisma IFCA, No 19, Jalan PJU 1/42A, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
IFCA MSC Bhd is engaged in the research and development of enterprise-wide business solutions. The company provides business software solutions for the property industry. These properties cover shopping malls, chain stores, residential, industrials, commercials, resorts, hotels, and recreational sports clubs. It operates through two geographical segments namely Malaysia and Foreign. The Malaysia segment includes turnkey e-business applications. Its Foreign business segment focuses on research and development center for all customized projects for overseas market.
50GF Score

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

RM0.21
Price
RM0.33
GF Value