Unitrade Industries Bhd (XKLS:0247) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0247 Unitrade Industries Bhd XKLS:0247
48 GF Score
Price RM0.24
GF Value RM0.26
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Unitrade Industries Bhd Scaled Net Operating Assets?

Unitrade Industries Bhd XKLS:0247 +2.13% 48 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates XKLS:0247 with a GF Score™ of 48/100 and a GF Value™ of RM0.26 (Fairly Valued). The stock has 8 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.

Unitrade Industries Bhd's operating assets for the quarter that ended in Mar. 2026 was RM1,046 Mil. Unitrade Industries Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM133 Mil. Unitrade Industries Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM1,216 Mil. Therefore, Unitrade Industries Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


Unitrade Industries Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Unitrade Industries 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.

Unitrade Industries Bhd Scaled Net Operating Assets Chart

Unitrade Industries Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.83 0.79 0.91 0.75 0.91

Unitrade Industries Bhd Quarterly Data
Mar20 Mar21 Nov21 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 0.76 0.90 0.89 0.82 0.75

XKLS:0247 vs GWW, FAST, FERG: Scaled Net Operating Assets Comparison

For the Industrial Distribution subindustry, Unitrade Industries 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.


Unitrade Industries Bhd Scaled Net Operating Assets vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Unitrade Industries Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:0247
48GF Score
Unitrade Industries Bhd XKLS:0247
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unitrade Industries 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.

Unitrade Industries Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1046.411-132.728)/1009.071
=0.91

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1157.704 - 111.293
=1046.411

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=733.808 - 136.969 - 464.111
=132.728

Unitrade Industries 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 )
=(1046.411-132.728)/1215.766
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1157.704 - 111.293
=1046.411

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=733.808 - 136.969 - 464.111
=132.728

* 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 0.75 mean?
Unitrade Industries Bhd (XKLS:0247) has a Scaled Net Operating Assets of 0.75 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 Unitrade Industries Bhd and its competitors.
Is Unitrade Industries Bhd's Scaled Net Operating Assets too high?
Unitrade Industries Bhd's current Scaled Net Operating Assets is 0.75. Overall, Unitrade Industries Bhd has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Unitrade Industries Bhd's Scaled Net Operating Assets compare to GWW and FAST?
Unitrade Industries Bhd's Scaled Net Operating Assets of 0.75 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 Unitrade Industries Bhd and its competitors. Unitrade Industries Bhd's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitrade Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Unitrade Industries Bhd (XKLS:0247) is currently considered Fairly Valued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.24 — trading 7.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Unitrade Industries Bhd's overall GF Score™ is 48/100 with 8 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 Unitrade Industries Bhd (XKLS:0247), the current Scaled Net Operating Assets is 0.75 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 Unitrade Industries Bhd (XKLS:0247) Overvalued in 2026?

Based on GuruFocus' analysis, Unitrade Industries Bhd stock appears to be undervalued. The current stock price of RM0.24 is trading 7.7% below its estimated GF Value™ of RM0.26. GuruFocus considers Unitrade Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:0247:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: RM0.26 vs. price of RM0.24 (7.7% below fair value)
  • GF Score™: 48/100 with 8 warning signs

No single metric tells the full story. See the XKLS:0247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unitrade Industries Bhd Business Description

Address 2, Jalan Astaka U8/87, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Unitrade Industries Bhd is a supplier and distributor of construction materials including pipe fittings and valves. The segments of the company are the Wholesale and distribution of building materials for mechanical and engineering (M&E) works comprising pipes, valves, fittings, and accessories, and civil works comprising reinforcement steel, structural steel, and other building material; Metal recycling; Manufacturing and sale of pre-insulated pipes; Rental of temporary structural support equipment and Others. The company earns the maximum of its revenue from the Wholesale and distribution segment. The Group operates in Malaysia.
48GF Score

Get the complete analysis for XKLS:0247

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

RM0.24
Price
RM0.26
GF Value