Binasat Communications Bhd (XKLS:0195) Scaled Net Operating Assets: 0.74 (As of Mar. 2026)

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What is Binasat Communications Bhd Scaled Net Operating Assets?

Binasat Communications Bhd XKLS:0195 Scaled Net Operating Assets is 0.74 as of Mar. 2026. The stock has 5 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.

Binasat Communications Bhd's operating assets for the quarter that ended in Mar. 2026 was RM190.2 Mil. Binasat Communications Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM47.0 Mil. Binasat Communications Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM192.4 Mil. Therefore, Binasat Communications Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.74.


Binasat Communications Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Binasat Communications 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.

Binasat Communications Bhd Scaled Net Operating Assets Chart

Binasat Communications Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.69 0.94 0.79 0.88

Binasat Communications Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 0.87 0.90 0.79 0.74 0.74

XKLS:0195 vs VZ, TMUS, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Binasat Communications 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.


Binasat Communications Bhd Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Scaled Net Operating Assets distribution charts can be found below:

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



Binasat Communications 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.

Binasat Communications 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 )
=(182.784-41.036)/161.59
=0.88

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=192.421 - 9.637
=182.784

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56.895 - 12.436 - 3.423
=41.036

Binasat Communications 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 )
=(190.17-47.028)/192.421
=0.74

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=198.13 - 7.96
=190.17

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61.819 - 12.254 - 2.537
=47.028

* 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 0.74 mean?
Binasat Communications Bhd (XKLS:0195) has a Scaled Net Operating Assets of 0.74 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 Binasat Communications Bhd and its competitors.
Is Binasat Communications Bhd's Scaled Net Operating Assets too high?
Binasat Communications Bhd's current Scaled Net Operating Assets is 0.74.
How does Binasat Communications Bhd's Scaled Net Operating Assets compare to VZ and TMUS?
Binasat Communications Bhd's Scaled Net Operating Assets of 0.74 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 Binasat Communications Bhd and its competitors. Binasat Communications Bhd's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binasat Communications Bhd stock overvalued right now?
Based on GuruFocus' analysis, Binasat Communications Bhd (XKLS:0195) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.07 — trading 68.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.74. 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 Binasat Communications Bhd (XKLS:0195), the current Scaled Net Operating Assets is 0.74 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.

Binasat Communications Bhd Business Description

Address Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, MYS, 57000
Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport, and Digital Satellite News Gathering (DSNG) Services. It has segments that are Satellite, mobile, and fiber optic telecommunications networks and power and telecommunication infrastructure works. The company derives almost all of its revenue from Satellite, mobile, and fiber optic telecommunications networks. It operates predominantly in Malaysia.