Fibon Bhd (XKLS:0149) Scaled Net Operating Assets: 0.31 (As of Feb. 2026)


XKLS:0149 Fibon Bhd XKLS:0149
60 GF Score
Price RM0.44
GF Value RM0.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Fibon Bhd Scaled Net Operating Assets?

Fibon Bhd XKLS:0149 60 Scaled Net Operating Assets is 0.31 as of Feb. 2026. GuruFocus rates XKLS:0149 with a GF Score™ of 60/100 and a GF Value™ of RM0.58 (Modestly Undervalued). The stock has 2 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.

Fibon Bhd's operating assets for the quarter that ended in Feb. 2026 was RM25.74 Mil. Fibon Bhd's operating liabilities for the quarter that ended in Feb. 2026 was RM3.50 Mil. Fibon Bhd's Total Assets for the quarter that ended in Nov. 2025 was RM72.16 Mil. Therefore, Fibon Bhd's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.31.

Fibon Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Fibon 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.

Fibon Bhd Scaled Net Operating Assets Chart

Fibon Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.37 0.35 0.32 0.34

Fibon Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 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 0.32 0.33 0.33 0.33 0.31

XKLS:0149 vs VRT, BE: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, Fibon 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.

Fibon Bhd Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fibon Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:0149
60GF Score
Fibon Bhd XKLS:0149
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fibon 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.

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

Scaled Net Operating Assets (SNOA)(A: May. 2025 )
=(Operating Assets (A: May. 2025 )-Operating Liabilities (A: May. 2025 ))/Total Assets (A: May. 2024 )
=(25.495-3.291)/65.008
=0.34

where

Operating Assets(A: May. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=68.312 - 42.817
=25.495

Operating Liabilities(A: May. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.56 - 0.13 - 0.139
=3.291

Fibon 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 )
=(25.739-3.5)/72.158
=0.31

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=71.341 - 45.602
=25.739

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.773 - 0.132 - 0.141
=3.5

* 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 0.31 mean?
Fibon Bhd (XKLS:0149) has a Scaled Net Operating Assets of 0.31 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 Fibon Bhd and its competitors.
Is Fibon Bhd's Scaled Net Operating Assets too high?
Fibon Bhd's current Scaled Net Operating Assets is 0.31. Overall, Fibon Bhd has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fibon Bhd's Scaled Net Operating Assets compare to VRT and BE?
Fibon Bhd's Scaled Net Operating Assets of 0.31 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Fibon Bhd and its competitors. Fibon Bhd's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fibon Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fibon Bhd (XKLS:0149) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.44 — trading 24.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.31. Fibon Bhd's overall GF Score™ is 60/100 with 2 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 Fibon Bhd (XKLS:0149), the current Scaled Net Operating Assets is 0.31 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.

Is Fibon Bhd (XKLS:0149) Overvalued in 2026?

Based on GuruFocus' analysis, Fibon Bhd stock appears to be undervalued. The current stock price of RM0.44 is trading 24.1% below its estimated GF Value™ of RM0.58. GuruFocus considers Fibon Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0149:

  • Scaled Net Operating Assets: 0.31
  • GF Value™: RM0.58 vs. price of RM0.44 (24.1% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the XKLS:0149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fibon Bhd Business Description

Address 12A, Jalan 20, Taman Sri Kluang, Kluang, JHR, MYS, 86000
Fibon Bhd is enagaged in the manufacturing of polymer matrix fibre composites for the manufacturing of high-amperage insulators. The business segments of the company are Investment holding, Sales of goods and Financing income. The Investment holding segment includes investments made and other related activities. The Sales of goods segment comprises manufacturing and trading of electrical insulators, electrical enclosures, switchboards equipment parts and meter boards. The Financing income segment is engaged in the financial business of factoring and financing activities. The majority of the firm's revenue comes from Singapore.
60GF Score

Get the complete analysis for XKLS:0149

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

RM0.44
Price
RM0.58
GF Value