Warisan TC Holdings Bhd (XKLS:5016) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)


XKLS:5016 Warisan TC Holdings Bhd XKLS:5016
38 GF Score
Price RM0.62
GF Value RM1.42
Valuation Possible Value Trap
! 5 Warning Signs
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What is Warisan TC Holdings Bhd Scaled Net Operating Assets?

Warisan TC Holdings Bhd XKLS:5016 38 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates XKLS:5016 with a GF Score™ of 38/100 and a GF Value™ of RM1.42 (Possible Value Trap). The stock has 5 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.

Warisan TC Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM736.3 Mil. Warisan TC Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM317.5 Mil. Warisan TC Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM861.8 Mil. Therefore, Warisan TC Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.


Warisan TC Holdings Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Warisan TC 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.

Warisan TC Holdings Bhd Scaled Net Operating Assets Chart

Warisan TC Holdings 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 0.57 0.62 0.68 0.68 0.54

Warisan TC 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 0.60 0.57 0.54 0.53 0.49

XKLS:5016 vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Warisan TC 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.


Warisan TC Holdings Bhd Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Warisan TC Holdings Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:5016
38GF Score
Warisan TC Holdings Bhd XKLS:5016
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Warisan TC 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.

Warisan TC Holdings 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 )
=(790.57-335.591)/844.91
=0.54

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=861.792 - 71.222
=790.57

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=673.907 - 16.425 - 321.891
=335.591

Warisan TC 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 )
=(736.295-317.455)/861.792
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=823.359 - 87.064
=736.295

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=637.265 - 14.452 - 305.358
=317.455

* 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 0.49 mean?
Warisan TC Holdings Bhd (XKLS:5016) has a Scaled Net Operating Assets of 0.49 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 Warisan TC Holdings Bhd and its competitors.
Is Warisan TC Holdings Bhd's Scaled Net Operating Assets too high?
Warisan TC Holdings Bhd's current Scaled Net Operating Assets is 0.49. Overall, Warisan TC Holdings Bhd has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Warisan TC Holdings Bhd's Scaled Net Operating Assets compare to HON and MMM?
Warisan TC Holdings Bhd's Scaled Net Operating Assets of 0.49 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Warisan TC Holdings Bhd and its competitors. Warisan TC Holdings Bhd's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warisan TC Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Warisan TC Holdings Bhd (XKLS:5016) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.42, compared to a current price of RM0.62 — trading 56.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.49. Warisan TC Holdings Bhd's overall GF Score™ is 38/100 with 5 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 Warisan TC Holdings Bhd (XKLS:5016), the current Scaled Net Operating Assets is 0.49 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 Warisan TC Holdings Bhd (XKLS:5016) Overvalued in 2026?

Based on GuruFocus' analysis, Warisan TC Holdings Bhd stock appears to be undervalued. The current stock price of RM0.62 is trading 56.7% below its estimated GF Value™ of RM1.42. GuruFocus considers Warisan TC Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5016:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: RM1.42 vs. price of RM0.62 (56.7% below fair value)
  • GF Score™: 38/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warisan TC Holdings Bhd Business Description

Address Jalan Ipoh Kecil, Number 15-3, Tingkat 3, Kuala Lumpur, MYS, 50350
Warisan TC Holdings Bhd is an investment holding company in Malaysia. Its business segments comprise Travel and car rental, Machinery, Automotive, and Others. The travel and car rental division provides inbound tours, corporate travel, outbound tours, airline ticketing, and car and coach rental services. The machinery division provides material handling equipment, forklifts, factory scrubbers, and sweepers; construction equipment (road, earthwork, quarry, and mining), agricultural tractors, golf and turf equipment, engines and generators, and air compressors. The automotive division provides light commercial trucks, heavy commercial trucks, and pickup trucks. Others segment includes property investment, assembly of a passenger vehicle, and consumers product as cosmetics & lingerie.
38GF Score

Get the complete analysis for XKLS:5016

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

RM0.62
Price
RM1.42
GF Value