Aco Group Bhd (XKLS:0218) Scaled Net Operating Assets: 0.61 (As of Feb. 2026)


XKLS:0218 Aco Group Bhd XKLS:0218
45 GF Score
Price RM0.16
GF Value RM0.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Aco Group Bhd Scaled Net Operating Assets?

Aco Group Bhd XKLS:0218 45 Scaled Net Operating Assets is 0.61 as of Feb. 2026. GuruFocus rates XKLS:0218 with a GF Score™ of 45/100 and a GF Value™ of RM0.21 (Modestly Undervalued). 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.

Aco Group Bhd's operating assets for the quarter that ended in Feb. 2026 was RM138.3 Mil. Aco Group Bhd's operating liabilities for the quarter that ended in Feb. 2026 was RM39.0 Mil. Aco Group Bhd's Total Assets for the quarter that ended in Nov. 2025 was RM163.8 Mil. Therefore, Aco Group Bhd's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.61.


Aco Group Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aco Group 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.

Aco Group Bhd Scaled Net Operating Assets Chart

Aco Group Bhd Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.63 0.65 0.65 0.63

Aco Group 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 0.63 0.66 0.61 0.61 0.61

XKLS:0218 vs SNX, ARW, AVT: Scaled Net Operating Assets Comparison

For the Electronics & Computer Distribution subindustry, Aco Group 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.


Aco Group Bhd Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Aco Group Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:0218
45GF Score
Aco Group Bhd XKLS:0218
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aco Group 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.

Aco Group Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(138.269-38.967)/158.262
=0.63

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=159.953 - 21.684
=138.269

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=58.867 - 8.639 - 11.261
=38.967

Aco Group 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 )
=(138.269-38.967)/163.805
=0.61

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=159.953 - 21.684
=138.269

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=58.867 - 8.639 - 11.261
=38.967

* 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 0.61 mean?
Aco Group Bhd (XKLS:0218) has a Scaled Net Operating Assets of 0.61 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 Aco Group Bhd and its competitors.
Is Aco Group Bhd's Scaled Net Operating Assets too high?
Aco Group Bhd's current Scaled Net Operating Assets is 0.61. Overall, Aco Group Bhd has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aco Group Bhd's Scaled Net Operating Assets compare to SNX and ARW?
Aco Group Bhd's Scaled Net Operating Assets of 0.61 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Aco Group Bhd and its competitors. Aco Group Bhd's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aco Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aco Group Bhd (XKLS:0218) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.21, compared to a current price of RM0.16 — trading 23.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.61. Aco Group Bhd's overall GF Score™ is 45/100 with 5 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 Aco Group Bhd (XKLS:0218), the current Scaled Net Operating Assets is 0.61 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 Aco Group Bhd (XKLS:0218) Overvalued in 2026?

Based on GuruFocus' analysis, Aco Group Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 23.8% below its estimated GF Value™ of RM0.21. GuruFocus considers Aco Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0218:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: RM0.21 vs. price of RM0.16 (23.8% below fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aco Group Bhd Business Description

Address Jalan Firma 3, PLO 264, No. 14, Kawasan Perindustrian Tebrau 4, Johor Darul Takzim, Johor Bahru, JHR, MYS, 81100
Aco Group Bhd is an investment holding company. Along with its subsidiaries, it is involved in management consultancy activities, distribution of electrical products and accessories, wholesale of household appliances, and trading of electronic, electrical goods, lighting, and lighting accessories. Its product portfolio comprises communication cables and wires, fans and air-conditioners, water heaters, switches and power outlets, and others. The group's reportable operating segments are as follows: Industrial users and Resellers. Maximum revenue is generated from the Industrial users segment, which represents sales of electrical products and accessories to electrical contractors, electrical products manufacturers, and others. Geographically, the group operates mainly in Malaysia.
45GF Score

Get the complete analysis for XKLS:0218

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

RM0.16
Price
RM0.21
GF Value