CI Holdings Bhd (XKLS:2828) Scaled Net Operating Assets: 0.40 (As of Mar. 2026)

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XKLS:2828 CI Holdings Bhd XKLS:2828
81 GF Score
Price RM2.34
GF Value RM2.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is CI Holdings Bhd Scaled Net Operating Assets?

CI Holdings Bhd XKLS:2828 -1.27% 81 Scaled Net Operating Assets is 0.40 as of Mar. 2026. GuruFocus rates XKLS:2828 with a GF Score™ of 81/100 and a GF Value™ of RM2.97 (Modestly 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.

CI Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM735 Mil. CI Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM178 Mil. CI Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM1,409 Mil. Therefore, CI Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.40.


CI Holdings Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for CI 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.

CI Holdings Bhd Scaled Net Operating Assets Chart

CI Holdings Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.69 0.61 0.43 0.77

CI 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 0.62 0.65 0.56 0.56 0.40

XKLS:2828 vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, CI 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.


CI Holdings Bhd Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

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


XKLS:2828
81GF Score
CI Holdings Bhd XKLS:2828
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CI 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.

CI Holdings Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(1093.028-288.466)/1045.634
=0.77

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1454.933 - 361.905
=1093.028

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=854.757 - 11.973 - 554.318
=288.466

CI 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 )
=(735.333-178.379)/1409.121
=0.40

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1141.851 - 406.518
=735.333

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=551.076 - 13.497 - 359.2
=178.379

* 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 0.40 mean?
CI Holdings Bhd (XKLS:2828) has a Scaled Net Operating Assets of 0.40 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 CI Holdings Bhd and its competitors.
Is CI Holdings Bhd's Scaled Net Operating Assets too high?
CI Holdings Bhd's current Scaled Net Operating Assets is 0.40. Overall, CI Holdings 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 CI Holdings Bhd's Scaled Net Operating Assets compare to KHC and GIS?
CI Holdings Bhd's Scaled Net Operating Assets of 0.40 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 CI Holdings Bhd and its competitors. CI Holdings Bhd's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CI Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CI Holdings Bhd (XKLS:2828) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.97, compared to a current price of RM2.34 — trading 21.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.40. CI Holdings Bhd's overall GF Score™ is 81/100 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 CI Holdings Bhd (XKLS:2828), the current Scaled Net Operating Assets is 0.40 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 CI Holdings Bhd (XKLS:2828) Overvalued in 2026?

Based on GuruFocus' analysis, CI Holdings Bhd stock appears to be undervalued. The current stock price of RM2.34 is trading 21.2% below its estimated GF Value™ of RM2.97. GuruFocus considers CI Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2828:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: RM2.97 vs. price of RM2.34 (21.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the XKLS:2828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CI Holdings Bhd Business Description

Address No. 1, Jalan Mayang Sari, Suite A-11-1, Level 11, Hampshire Place Office, 157 Hampshire, Kuala Lumpur, MYS, 50450
CI Holdings Bhd is engaged in investment holding and the provision of management services. The company's operating segment includes Edible oil; Tap-ware and sanitary ware; and Investment holdings. It generates maximum revenue from the Edible oil segment. The edible oil segment is engaged in the selling, packing, and marketing of all types of edible oil. Its Tap-ware and sanitary ware segment is engaged in the manufacture and trading of household fittings and appliances such as water taps, plumbing accessories, and sanitary wares, and the Investment holding segment is engaged in Investment activities. Geographically, it derives a majority of revenue from Africa and also has a presence in Malaysia, Asia, and Other regions.
81GF Score

Get the complete analysis for XKLS:2828

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

RM2.34
Price
RM2.97
GF Value