Ocean Vantage Holdings Bhd (XKLS:0220) Scaled Net Operating Assets: 0.50 (As of Mar. 2026)


XKLS:0220 Ocean Vantage Holdings Bhd XKLS:0220
53 GF Score
Price RM0.23
GF Value RM0.13
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ocean Vantage Holdings Bhd Scaled Net Operating Assets?

Ocean Vantage Holdings Bhd XKLS:0220 -6.12% 53 Scaled Net Operating Assets is 0.50 as of Mar. 2026. GuruFocus rates XKLS:0220 with a GF Score™ of 53/100 and a GF Value™ of RM0.13 (Significantly Overvalued). The stock has 7 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.

Ocean Vantage Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM64.4 Mil. Ocean Vantage Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM17.3 Mil. Ocean Vantage Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM93.9 Mil. Therefore, Ocean Vantage Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.50.


Ocean Vantage Holdings Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ocean Vantage Holdings 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.

Ocean Vantage Holdings Bhd Scaled Net Operating Assets Chart

Ocean Vantage Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.69 0.51 0.11 0.30

Ocean Vantage Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.32 0.34 0.20 0.41 0.50

XKLS:0220 vs SLB, BKR, HAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Ocean Vantage Holdings 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.


Ocean Vantage Holdings Bhd Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Vantage Holdings Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:0220
53GF Score
Ocean Vantage Holdings Bhd XKLS:0220
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Vantage Holdings 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.

Ocean Vantage Holdings 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 )
=(61.159-17.31)/144.953
=0.30

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=93.942 - 32.783
=61.159

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.127 - 1.768 - 1.049
=17.31

Ocean Vantage Holdings 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 )
=(64.409-17.322)/93.942
=0.50

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=94.137 - 29.728
=64.409

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.883 - 1.572 - 0.989
=17.322

* 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 0.50 mean?
Ocean Vantage Holdings Bhd (XKLS:0220) has a Scaled Net Operating Assets of 0.50 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 Ocean Vantage Holdings Bhd and its competitors.
Is Ocean Vantage Holdings Bhd's Scaled Net Operating Assets too high?
Ocean Vantage Holdings Bhd's current Scaled Net Operating Assets is 0.50. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Scaled Net Operating Assets compare to SLB and BKR?
Ocean Vantage Holdings Bhd's Scaled Net Operating Assets of 0.50 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Ocean Vantage Holdings Bhd and its competitors. Ocean Vantage Holdings Bhd's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.23 — trading 76.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.50. Ocean Vantage Holdings Bhd's overall GF Score™ is 53/100 with 7 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Scaled Net Operating Assets is 0.50 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.

Is Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 76.9% above its estimated GF Value™ of RM0.13. GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0220:

  • Scaled Net Operating Assets: 0.50
  • GF Value™: RM0.13 vs. price of RM0.23 (76.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Vantage Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Block 11, Jalan Tudan, Lot 6073 and 6074, 1st and 2nd Floor, Kuala Baram Land District, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
53GF Score

Get the complete analysis for XKLS:0220

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

RM0.23
Price
RM0.13
GF Value