Luster Industries Bhd (XKLS:5068) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


What is Luster Industries Bhd Scaled Net Operating Assets?

Luster Industries Bhd XKLS:5068 +20.00% Scaled Net Operating Assets is 0.42 as of Mar. 2026. 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.

Luster Industries Bhd's operating assets for the quarter that ended in Mar. 2026 was RM449.1 Mil. Luster Industries Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM220.6 Mil. Luster Industries Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM549.6 Mil. Therefore, Luster Industries Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.

Luster Industries Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Luster Industries 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.

Luster Industries Bhd Scaled Net Operating Assets Chart

Luster Industries 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 0.72 0.54 0.48 0.52 0.39

Luster Industries 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 0.46 0.46 0.44 0.36 0.42

XKLS:5068 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Luster Industries 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.

Luster Industries Bhd Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luster Industries Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


Luster Industries 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.

Luster Industries 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 )
=(458.604-239.947)/566.542
=0.39

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=549.566 - 90.962
=458.604

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=307.844 - 27.074 - 40.823
=239.947

Luster Industries 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 )
=(449.073-220.594)/549.566
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=534.354 - 85.281
=449.073

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=294.539 - 2.6 - 71.345
=220.594

* 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 0.42 mean?
Luster Industries Bhd (XKLS:5068) has a Scaled Net Operating Assets of 0.42 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 Luster Industries Bhd and its competitors.
Is Luster Industries Bhd's Scaled Net Operating Assets too high?
Luster Industries Bhd's current Scaled Net Operating Assets is 0.42.
How does Luster Industries Bhd's Scaled Net Operating Assets compare to GEV and ETN?
Luster Industries Bhd's Scaled Net Operating Assets of 0.42 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Luster Industries Bhd and its competitors. Luster Industries Bhd's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luster Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Luster Industries Bhd (XKLS:5068) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.03 — trading 76.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.42. 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 Luster Industries Bhd (XKLS:5068), the current Scaled Net Operating Assets is 0.42 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.

Luster Industries Bhd Business Description

Address Plot 36 & 37, Jalan PKNK Utama, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Luster Industries Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in the manufacturing of precision plastic parts, sub-assembly, die-casting components, and precision engineering works; Construction and property development; Gaming and leisure; Glove manufacturing and EPCC Contract; and Others, which consist of investment holding and inactive companies. The company earns the majority of its revenue from precision plastic parts, sub-assembly, die-casting components, and precision engineering works, also the majority from the Malaysian region.