Elsoft Research Bhd (XKLS:0090) Scaled Net Operating Assets: 0.25 (As of Mar. 2026)


XKLS:0090 Elsoft Research Bhd XKLS:0090
53 GF Score
Price RM0.20
GF Value RM0.33
Valuation Possible Value Trap
! 3 Warning Signs
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What is Elsoft Research Bhd Scaled Net Operating Assets?

Elsoft Research Bhd XKLS:0090 +2.56% 53 Scaled Net Operating Assets is 0.25 as of Mar. 2026. GuruFocus rates XKLS:0090 with a GF Score™ of 53/100 and a GF Value™ of RM0.33 (Possible Value Trap). The stock has 3 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.

Elsoft Research Bhd's operating assets for the quarter that ended in Mar. 2026 was RM35.75 Mil. Elsoft Research Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM5.58 Mil. Elsoft Research Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM118.61 Mil. Therefore, Elsoft Research Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.25.

Elsoft Research Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Elsoft Research 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.

Elsoft Research Bhd Scaled Net Operating Assets Chart

Elsoft Research 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 0.37 0.55 0.24 0.23 0.24

Elsoft Research 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 0.28 0.27 0.28 0.23 0.25

XKLS:0090 vs AMAT, LRCX, KLAC: Scaled Net Operating Assets Comparison

For the Semiconductor Equipment & Materials subindustry, Elsoft Research 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.

Elsoft Research Bhd Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Elsoft Research Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:0090
53GF Score
Elsoft Research Bhd XKLS:0090
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Elsoft Research 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.

Elsoft Research 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 )
=(35.144-8.037)/113.828
=0.24

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=118.614 - 83.47
=35.144

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.037 - 0 - 0
=8.037

Elsoft Research 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 )
=(35.745-5.584)/118.614
=0.25

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=114.486 - 78.741
=35.745

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.584 - 0 - 0
=5.584

* 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 0.25 mean?
Elsoft Research Bhd (XKLS:0090) has a Scaled Net Operating Assets of 0.25 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 Elsoft Research Bhd and its competitors.
Is Elsoft Research Bhd's Scaled Net Operating Assets too high?
Elsoft Research Bhd's current Scaled Net Operating Assets is 0.25. Overall, Elsoft Research Bhd has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elsoft Research Bhd's Scaled Net Operating Assets compare to AMAT and LRCX?
Elsoft Research Bhd's Scaled Net Operating Assets of 0.25 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Elsoft Research Bhd and its competitors. Elsoft Research Bhd's current Scaled Net Operating Assets is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elsoft Research Bhd stock overvalued right now?
Based on GuruFocus' analysis, Elsoft Research Bhd (XKLS:0090) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.33, compared to a current price of RM0.20 — trading 39.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.25. Elsoft Research Bhd's overall GF Score™ is 53/100 with 3 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 Elsoft Research Bhd (XKLS:0090), the current Scaled Net Operating Assets is 0.25 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 Elsoft Research Bhd (XKLS:0090) Overvalued in 2026?

Based on GuruFocus' analysis, Elsoft Research Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 39.4% below its estimated GF Value™ of RM0.33. GuruFocus considers Elsoft Research Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0090:

  • Scaled Net Operating Assets: 0.25
  • GF Value™: RM0.33 vs. price of RM0.20 (39.4% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elsoft Research Bhd Business Description

Address Plot 85 B, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900
Elsoft Research Bhd is principally involved in the research, design, and development of test, burn-in, and application-specific embedded systems. The company mainly provides cost effective ATE solutions to the semiconductor, optoelectronic, and automation industries. Its test and burn-in systems are used by customers manufacturing optoelectronic devices such as LED, image sensors, and automotive lightings to test their products before launching into the market. The company also engaged a new customer to develop a test solution for metalens technology while continuing to focus on the medical device market. , and maximum revenue is generated from Malaysia, followed by Asia (excluding Malaysia), and the United States.
53GF Score

Get the complete analysis for XKLS:0090

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

RM0.20
Price
RM0.33
GF Value