Managepay Systems Bhd (XKLS:0156) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)

What is Managepay Systems Bhd Scaled Net Operating Assets?

Managepay Systems Bhd XKLS:0156 Scaled Net Operating Assets is 0.77 as of Mar. 2026. 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.

Managepay Systems Bhd's operating assets for the quarter that ended in Mar. 2026 was RM71.50 Mil. Managepay Systems Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM7.78 Mil. Managepay Systems Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM83.06 Mil. Therefore, Managepay Systems Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.

Managepay Systems Bhd Scaled Net Operating Assets Related Terms

Managepay Systems Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Managepay Systems 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.

Managepay Systems Bhd Scaled Net Operating Assets Chart

Managepay Systems Bhd Annual Data

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Jun25

Scaled Net Operating Assets

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0.48

1.24

0.78

0.75

0.78

Managepay Systems Bhd Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.83	0.60	0.70	0.73	0.77

XKLS:0156 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Managepay Systems 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.

Managepay Systems Bhd Scaled Net Operating Assets vs Software Industry

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

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

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Managepay Systems 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.

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

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2025 )
=	(Operating Assets (A: Jun. 2025 )	-	Operating Liabilities (A: Jun. 2025 ))	/	Total Assets (A: Dec. 2023 )
=	(73.057	-	9.115)	/	82.489
=	0.78

where

	Operating Assets		(A: Jun. 2025 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	81.771	-	8.714
=	73.057

	Operating Liabilities		(A: Jun. 2025 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	15.152	-	0.668	-	5.369
=	9.115

Managepay Systems 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 )
=	(71.496	-	7.78)	/	83.059
=	0.77

where

	Operating Assets		(Q: Mar. 2026 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	79.747	-	8.251
=	71.496

	Operating Liabilities		(Q: Mar. 2026 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	13.438	-	0.766	-	4.892
=	7.78

Frequently Asked Questions Learn more about Scaled Net Operating Assets →

What does a Scaled Net Operating Assets of 0.77 mean?

Managepay Systems Bhd (XKLS:0156) has a Scaled Net Operating Assets of 0.77 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 Managepay Systems Bhd and its competitors.

Is Managepay Systems Bhd's Scaled Net Operating Assets too high?

Managepay Systems Bhd's current Scaled Net Operating Assets is 0.77.

How does Managepay Systems Bhd's Scaled Net Operating Assets compare to MSFT and ORCL?

Managepay Systems Bhd's Scaled Net Operating Assets of 0.77 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 Managepay Systems Bhd and its competitors. Managepay Systems Bhd's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Managepay Systems Bhd stock overvalued right now?

Based on GuruFocus' analysis, Managepay Systems Bhd (XKLS:0156) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.06 — trading 33.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.77. 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 Managepay Systems Bhd (XKLS:0156), the current Scaled Net Operating Assets is 0.77 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.

Managepay Systems Bhd Business Description

Industry Technology Software

Comparable Companies XKLS:0203 XKLS:0200 XKLS:0342 XKLS:0253 XKLS:0040 MSFT ORCL PLTR PANW CRWD HKSE:02513 FTNT SNPS NET CRWV XYZ XAMS:ADYEN NTAP TWLO MDB

Address Wisma MPSB, Lot 107 - 113, Jalan USJ 21/10, Subang Jaya, MYS, 47630

Website https://www.managepay.com

Managepay Systems Bhd is an investment holding company. The company operates in two segments: Fintech services includes the provision of e-payment services, e-money services, MasterCard prepaid card services, provision of money lending services licensed by the Ministry of Housing and Local Government, and provision and operations of peer-to-peer (P2P) financing platform licensed by the Securities Commission Malaysia (SC), domestics and cross border remittance; and Non-fintech services segment includes the development, marketing and trading of information and communication technology products, project management, e-commerce, mobile virtual network operator, business outsourcing services and loyalty management services.