M N C Wireless Bhd (XKLS:0103) Scaled Net Operating Assets: 0.34 (As of Feb. 2026)

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What is M N C Wireless Bhd Scaled Net Operating Assets?

M N C Wireless Bhd XKLS:0103 Scaled Net Operating Assets is 0.34 as of Feb. 2026. The stock has 6 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.

M N C Wireless Bhd's operating assets for the quarter that ended in Feb. 2026 was RM39.63 Mil. M N C Wireless Bhd's operating liabilities for the quarter that ended in Feb. 2026 was RM17.71 Mil. M N C Wireless Bhd's Total Assets for the quarter that ended in Nov. 2025 was RM64.09 Mil. Therefore, M N C Wireless Bhd's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.34.


M N C Wireless Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for M N C Wireless 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.

M N C Wireless Bhd Scaled Net Operating Assets Chart

M N C Wireless Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.12 0.34 0.46 0.42

M N C Wireless Bhd Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Nov25 Feb26
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 0.36 0.41 0.00 0.00 0.34

XKLS:0103 vs VZ, TMUS, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, M N C Wireless 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.


M N C Wireless Bhd Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where M N C Wireless Bhd's Scaled Net Operating Assets falls into.



M N C Wireless 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.

M N C Wireless Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(56.767-21.788)/82.516
=0.42

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=85.908 - 29.141
=56.767

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21.788 - 0 - 0
=21.788

M N C Wireless Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(39.634-17.712)/64.085
=0.34

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=73.574 - 33.94
=39.634

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.339 - 0 - 1.627
=17.712

* 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 0.34 mean?
M N C Wireless Bhd (XKLS:0103) has a Scaled Net Operating Assets of 0.34 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on M N C Wireless Bhd and its competitors.
Is M N C Wireless Bhd's Scaled Net Operating Assets too high?
M N C Wireless Bhd's current Scaled Net Operating Assets is 0.34.
How does M N C Wireless Bhd's Scaled Net Operating Assets compare to VZ and TMUS?
M N C Wireless Bhd's Scaled Net Operating Assets of 0.34 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 M N C Wireless Bhd and its competitors. M N C Wireless Bhd's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M N C Wireless Bhd stock overvalued right now?
Based on GuruFocus' analysis, M N C Wireless Bhd (XKLS:0103) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.04 — trading 69.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.34. 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 M N C Wireless Bhd (XKLS:0103), the current Scaled Net Operating Assets is 0.34 as of Feb. 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.

M N C Wireless Bhd Business Description

Other Exchanges 0103PA.PFD:Malaysia
Address 100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200
M N C Wireless Bhd activities include sales and marketing, and research and development of wireless, mobile and multimedia solutions and content, and investment holding. Its segments comprise Mobile applications, a premium mobile content platform enabling the sale of content via SMS and MMS; Wireless and multimedia related services, including consultations, sales, marketing and implementation of mobile messaging solutions and related multimedia services, which generate the majority of revenue; and Others. Its services include mobile applications, mobile messaging, social media management, mobile billing, web design and development, and web maintenance.