Negri Sembilan Oil Palms Bhd (XKLS:2038) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)


XKLS:2038 Negri Sembilan Oil Palms Bhd XKLS:2038
81 GF Score
Price RM5.40
GF Value RM6.07
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Negri Sembilan Oil Palms Bhd Scaled Net Operating Assets?

Negri Sembilan Oil Palms Bhd XKLS:2038 +2.86% 81 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates XKLS:2038 with a GF Score™ of 81/100 and a GF Value™ of RM6.07 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Negri Sembilan Oil Palms Bhd's operating assets for the quarter that ended in Mar. 2026 was RM698.1 Mil. Negri Sembilan Oil Palms Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM87.7 Mil. Negri Sembilan Oil Palms Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM905.8 Mil. Therefore, Negri Sembilan Oil Palms Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Negri Sembilan Oil Palms Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Negri Sembilan Oil Palms 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.

Negri Sembilan Oil Palms Bhd Scaled Net Operating Assets Chart

Negri Sembilan Oil Palms 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 0.74 0.74 0.72 0.73 0.70

Negri Sembilan Oil Palms 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 0.70 0.68 0.68 0.66 0.67

XKLS:2038 vs ADM, BG, TSN: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Negri Sembilan Oil Palms 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.


Negri Sembilan Oil Palms Bhd Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Negri Sembilan Oil Palms Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Negri Sembilan Oil Palms Bhd's Scaled Net Operating Assets falls into.


XKLS:2038
81GF Score
Negri Sembilan Oil Palms Bhd XKLS:2038
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Negri Sembilan Oil Palms 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.

Negri Sembilan Oil Palms 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 )
=(688.531-88.947)/860.452
=0.70

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=905.781 - 217.25
=688.531

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=88.947 - 0 - 0
=88.947

Negri Sembilan Oil Palms 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 )
=(698.136-87.671)/905.781
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=921.818 - 223.682
=698.136

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=87.671 - 0 - 0
=87.671

* 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 0.67 mean?
Negri Sembilan Oil Palms Bhd (XKLS:2038) has a Scaled Net Operating Assets of 0.67 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 Negri Sembilan Oil Palms Bhd and its competitors.
Is Negri Sembilan Oil Palms Bhd's Scaled Net Operating Assets too high?
Negri Sembilan Oil Palms Bhd's current Scaled Net Operating Assets is 0.67. Overall, Negri Sembilan Oil Palms Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Negri Sembilan Oil Palms Bhd's Scaled Net Operating Assets compare to ADM and BG?
Negri Sembilan Oil Palms Bhd's Scaled Net Operating Assets of 0.67 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Negri Sembilan Oil Palms Bhd and its competitors. Negri Sembilan Oil Palms Bhd's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Negri Sembilan Oil Palms Bhd stock overvalued right now?
Based on GuruFocus' analysis, Negri Sembilan Oil Palms Bhd (XKLS:2038) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.07, compared to a current price of RM5.40 — trading 11% below its estimated fair value. The current Scaled Net Operating Assets is 0.67. Negri Sembilan Oil Palms Bhd's overall GF Score™ is 81/100 with 1 warning sign 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 Negri Sembilan Oil Palms Bhd (XKLS:2038), the current Scaled Net Operating Assets is 0.67 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 Negri Sembilan Oil Palms Bhd (XKLS:2038) Overvalued in 2026?

Based on GuruFocus' analysis, Negri Sembilan Oil Palms Bhd stock appears to be undervalued. The current stock price of RM5.40 is trading 11% below its estimated GF Value™ of RM6.07. GuruFocus considers Negri Sembilan Oil Palms Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2038:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: RM6.07 vs. price of RM5.40 (11% below fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the XKLS:2038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Negri Sembilan Oil Palms Bhd Business Description

Address Jalan Stesen Sentral 5, Block 2B, Suite 2B-3A-2, Level 3A, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Negri Sembilan Oil Palms Bhd and its subsidiaries are engaged in the cultivation of oil palms, processing and selling fresh fruit bunches, crude palm oil, and palm kernel. The Group has four estates, namely, Ladang Senama, Ladang Ibam, Ladang Gula, and Ladang Maran, with a total land bank spreading across several thousand hectares. Geographically, its operations are wholly carried out in Peninsular Malaysia.
81GF Score

Get the complete analysis for XKLS:2038

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

RM5.40
Price
RM6.07
GF Value