Optimax Holdings Bhd (XKLS:0222) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


XKLS:0222 Optimax Holdings Bhd XKLS:0222
71 GF Score
Price RM0.53
GF Value RM0.76
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Optimax Holdings Bhd Scaled Net Operating Assets?

Optimax Holdings Bhd XKLS:0222 -0.94% 71 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates XKLS:0222 with a GF Score™ of 71/100 and a GF Value™ of RM0.76 (Significantly 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.

Optimax Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM128.3 Mil. Optimax Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM16.4 Mil. Optimax Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM148.3 Mil. Therefore, Optimax Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.

Optimax Holdings Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Optimax 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.

Optimax Holdings Bhd Scaled Net Operating Assets Chart

Optimax 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 0.70 0.70 0.81 0.96 0.73

Optimax 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 0.78 0.79 0.78 0.74 0.76

XKLS:0222 vs HCA, THC, DVA: Scaled Net Operating Assets Comparison

For the Medical Care Facilities subindustry, Optimax 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.

Optimax Holdings Bhd Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Optimax Holdings Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:0222
71GF Score
Optimax Holdings Bhd XKLS:0222
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Optimax 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.

Optimax 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 )
=(126.627-18.307)/148.778
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=148.276 - 21.649
=126.627

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=68.134 - 37.437 - 12.39
=18.307

Optimax 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 )
=(128.348-16.399)/148.276
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=144.855 - 16.507
=128.348

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65.047 - 37.074 - 11.574
=16.399

* 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 0.76 mean?
Optimax Holdings Bhd (XKLS:0222) has a Scaled Net Operating Assets of 0.76 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 Optimax Holdings Bhd and its competitors.
Is Optimax Holdings Bhd's Scaled Net Operating Assets too high?
Optimax Holdings Bhd's current Scaled Net Operating Assets is 0.76. Overall, Optimax Holdings Bhd has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Optimax Holdings Bhd's Scaled Net Operating Assets compare to HCA and THC?
Optimax Holdings Bhd's Scaled Net Operating Assets of 0.76 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & 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 Optimax Holdings Bhd and its competitors. Optimax Holdings Bhd's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimax Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Optimax Holdings Bhd (XKLS:0222) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.76, compared to a current price of RM0.53 — trading 30.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. Optimax Holdings Bhd's overall GF Score™ is 71/100 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 Optimax Holdings Bhd (XKLS:0222), the current Scaled Net Operating Assets is 0.76 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 Optimax Holdings Bhd (XKLS:0222) Overvalued in 2026?

Based on GuruFocus' analysis, Optimax Holdings Bhd stock appears to be undervalued. The current stock price of RM0.53 is trading 30.9% below its estimated GF Value™ of RM0.76. GuruFocus considers Optimax Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0222:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: RM0.76 vs. price of RM0.53 (30.9% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the XKLS:0222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Optimax Holdings Bhd Business Description

Address No. 145, Jalan Radin Bagus, 1st and 2nd Floor, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000
Optimax Holdings Bhd is a provider of eye specialist services. The company offers a range of services with in-house medical ophthalmology at specialist centres such as specialist clinics, ambulatory care centres, satellite clinics, and specialist hospitals. The company's ambulatory care centres and specialist hospital are equipped with eye operation theatres, and procedure rooms, general and day care wards, and relevant equipment for surgical procedures. It derives revenue from refractive surgery, treatment of eye diseases and disorders, consultation and dispensary services, oculoplastic surgery, plastic Surgery and aesthetic Services and related services. The company operates in geographical segments such as: North Malaysia, Central Malaysia, South Malaysia, East Malaysia and Cambodia.
71GF Score

Get the complete analysis for XKLS:0222

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

RM0.53
Price
RM0.76
GF Value