Ajinomoto (Malaysia) Bhd (XKLS:2658) Scaled Net Operating Assets: 0.52 (As of Mar. 2026)


XKLS:2658 Ajinomoto (Malaysia) Bhd XKLS:2658
75 GF Score
Price RM18.78
GF Value RM16.14
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Ajinomoto (Malaysia) Bhd Scaled Net Operating Assets?

Ajinomoto (Malaysia) Bhd XKLS:2658 -0.21% 75 Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus rates XKLS:2658 with a GF Score™ of 75/100 and a GF Value™ of RM16.14 (Modestly Overvalued). The stock has 6 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.

Ajinomoto (Malaysia) Bhd's operating assets for the quarter that ended in Mar. 2026 was RM676.0 Mil. Ajinomoto (Malaysia) Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM151.2 Mil. Ajinomoto (Malaysia) Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM1,015.0 Mil. Therefore, Ajinomoto (Malaysia) Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.52.


Ajinomoto (Malaysia) Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ajinomoto (Malaysia) 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.

Ajinomoto (Malaysia) Bhd Scaled Net Operating Assets Chart

Ajinomoto (Malaysia) Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.75 0.72 0.48 0.54

Ajinomoto (Malaysia) 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 0.55 0.55 0.54 0.53 0.52

XKLS:2658 vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Ajinomoto (Malaysia) 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.


Ajinomoto (Malaysia) Bhd Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto (Malaysia) Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ajinomoto (Malaysia) Bhd's Scaled Net Operating Assets falls into.


XKLS:2658
75GF Score
Ajinomoto (Malaysia) Bhd XKLS:2658
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajinomoto (Malaysia) 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.

Ajinomoto (Malaysia) 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 )
=(676.016-151.214)/975.997
=0.54

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1024.003 - 347.987
=676.016

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=156.374 - 3.061 - 2.099
=151.214

Ajinomoto (Malaysia) 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 )
=(676.016-151.214)/1015.002
=0.52

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1024.003 - 347.987
=676.016

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=156.374 - 3.061 - 2.099
=151.214

* 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 0.52 mean?
Ajinomoto (Malaysia) Bhd (XKLS:2658) has a Scaled Net Operating Assets of 0.52 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 Ajinomoto (Malaysia) Bhd and its competitors.
Is Ajinomoto (Malaysia) Bhd's Scaled Net Operating Assets too high?
Ajinomoto (Malaysia) Bhd's current Scaled Net Operating Assets is 0.52. Overall, Ajinomoto (Malaysia) Bhd has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto (Malaysia) Bhd's Scaled Net Operating Assets compare to KHC and GIS?
Ajinomoto (Malaysia) Bhd's Scaled Net Operating Assets of 0.52 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 Ajinomoto (Malaysia) Bhd and its competitors. Ajinomoto (Malaysia) Bhd's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajinomoto (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajinomoto (Malaysia) Bhd (XKLS:2658) is currently considered Modestly Overvalued. The stock's GF Value™ is RM16.14, compared to a current price of RM18.78 — trading 16.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.52. Ajinomoto (Malaysia) Bhd's overall GF Score™ is 75/100 with 6 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 Ajinomoto (Malaysia) Bhd (XKLS:2658), the current Scaled Net Operating Assets is 0.52 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 Ajinomoto (Malaysia) Bhd (XKLS:2658) Overvalued in 2026?

Based on GuruFocus' analysis, Ajinomoto (Malaysia) Bhd stock appears to be overvalued. The current stock price of RM18.78 is trading 16.4% above its estimated GF Value™ of RM16.14. GuruFocus considers Ajinomoto (Malaysia) Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:2658:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: RM16.14 vs. price of RM18.78 (16.4% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the XKLS:2658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajinomoto (Malaysia) Bhd Business Description

Address Lot L1-E-5A and L1-E-5B, Enterprise 4, Technology Park Malaysia, Lebuhraya Puchong - Sg. Besi, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Ajinomoto (Malaysia) Bhd is engaged in manufacturing and selling AJI-NO-MOTO products, and other seasoning and food items. Its Consumer business segment consists of the manufacture and distribution of consumer products including AJI-NO-MOTO, flavor seasoning Tumix, menu seasoning Seri-Aji and other seasonings. Industrial business segment consists of manufacture and distribution of monosodium glutamate for industry-use, industrial seasonings and related products. The company generates the majority of its revenue from Malaysia.
75GF Score

Get the complete analysis for XKLS:2658

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

RM18.78
Price
RM16.14
GF Value