Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Malayan Cement Bhd's operating assets for the quarter that ended in Mar. 2026 was RM9,864 Mil. Malayan Cement Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM1,195 Mil. Malayan Cement Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM11,042 Mil. Therefore, Malayan Cement Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.
Malayan Cement Bhd Scaled Net Operating Assets Related Terms
Malayan Cement Bhd Scaled Net Operating Assets Historical Data
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The historical data trend for Malayan Cement 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.
Malayan Cement Bhd Scaled Net Operating Assets Chart
XKLS:3794 vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison
For the Building Materials subindustry, Malayan Cement 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.
Malayan Cement Bhd Scaled Net Operating Assets vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Malayan Cement Bhd's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Malayan Cement Bhd's Scaled Net Operating Assets falls into.
* 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 0.79 mean?
Malayan Cement Bhd (XKLS:3794) has a Scaled Net Operating Assets of 0.79 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 Malayan Cement Bhd and its competitors.
Is Malayan Cement Bhd's Scaled Net Operating Assets too high?
Malayan Cement Bhd's current Scaled Net Operating Assets is 0.79. Overall, Malayan Cement Bhd has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Cement Bhd's Scaled Net Operating Assets compare to CRH and VMC?
Malayan Cement Bhd's Scaled Net Operating Assets of 0.79 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Malayan Cement Bhd and its competitors. Malayan Cement Bhd's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Cement Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Cement Bhd (XKLS:3794) is currently considered Modestly Overvalued. The stock's GF Value™ is RM5.52, compared to a current price of RM6.18 — trading 12% above its estimated fair value. The current Scaled Net Operating Assets is 0.79. Malayan Cement Bhd's overall GF Score™ is 76/100 with 3 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 Malayan Cement Bhd (XKLS:3794), the current Scaled Net Operating Assets is 0.79 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 Malayan Cement Bhd (XKLS:3794) Overvalued in 2026?
Based on GuruFocus' analysis, Malayan Cement Bhd stock appears to be overvalued.
The current stock price of RM6.18 is trading 12% above its estimated GF Value™ of RM5.52.
GuruFocus considers Malayan Cement Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:3794:
Scaled Net Operating Assets: 0.79
GF Value™: RM5.52 vs. price of RM6.18 (12% above fair value)
No single metric tells the full story. See the XKLS:3794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malayan Cement Bhd is a cement and building materials group in Malaysia and Singapore. It is a producer of cement, ready-mixed concrete, drymix, and quarry products, which are used in the residential and commercial building industry and also have various applications in infrastructure and other industries. The company's operating divisions are Cement, and Aggregates and Concrete. A majority of its revenue is generated from the Cement segment which also includes its drymix and waste management business. Geographically, it derives key revenue from Malaysia and the rest from Singapore.
76GF Score
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