Alam Maritim Resources Bhd (XKLS:5115) Scaled Net Operating Assets: 0.09 (As of Mar. 2026)


XKLS:5115 Alam Maritim Resources Bhd XKLS:5115
29 GF Score
Price RM0.28
GF Value RM0.17
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Alam Maritim Resources Bhd Scaled Net Operating Assets?

Alam Maritim Resources Bhd XKLS:5115 29 Scaled Net Operating Assets is 0.09 as of Mar. 2026. GuruFocus rates XKLS:5115 with a GF Score™ of 29/100 and a GF Value™ of RM0.17 (Significantly Overvalued). 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.

Alam Maritim Resources Bhd's operating assets for the quarter that ended in Mar. 2026 was RM103.8 Mil. Alam Maritim Resources Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM84.7 Mil. Alam Maritim Resources Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM210.1 Mil. Therefore, Alam Maritim Resources Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.09.


Alam Maritim Resources Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alam Maritim Resources 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.

Alam Maritim Resources Bhd Scaled Net Operating Assets Chart

Alam Maritim Resources Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.30 -0.29 -0.20 -0.38

Alam Maritim Resources Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 -0.35 -0.46 -0.06 -0.01 0.09

XKLS:5115 vs SLB, BKR, HAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Alam Maritim Resources 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.


Alam Maritim Resources Bhd Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Alam Maritim Resources Bhd's Scaled Net Operating Assets falls into.


XKLS:5115
29GF Score
Alam Maritim Resources Bhd XKLS:5115
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Alam Maritim Resources 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.

Alam Maritim Resources 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 )
=(96.272-194.163)/260.545
=-0.38

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=208.386 - 112.114
=96.272

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=257.802 - 2.626 - 61.013
=194.163

Alam Maritim Resources 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 )
=(103.827-84.73)/210.076
=0.09

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=201.549 - 97.722
=103.827

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=88.196 - 3.095 - 0.371
=84.73

* 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 0.09 mean?
Alam Maritim Resources Bhd (XKLS:5115) has a Scaled Net Operating Assets of 0.09 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 Alam Maritim Resources Bhd and its competitors.
Is Alam Maritim Resources Bhd's Scaled Net Operating Assets too high?
Alam Maritim Resources Bhd's current Scaled Net Operating Assets is 0.09. Overall, Alam Maritim Resources Bhd has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alam Maritim Resources Bhd's Scaled Net Operating Assets compare to SLB and BKR?
Alam Maritim Resources Bhd's Scaled Net Operating Assets of 0.09 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Alam Maritim Resources Bhd and its competitors. Alam Maritim Resources Bhd's current Scaled Net Operating Assets is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alam Maritim Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd (XKLS:5115) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.28 — trading 64.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.09. Alam Maritim Resources Bhd's overall GF Score™ is 29/100 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 Alam Maritim Resources Bhd (XKLS:5115), the current Scaled Net Operating Assets is 0.09 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 Alam Maritim Resources Bhd (XKLS:5115) Overvalued in 2026?

Based on GuruFocus' analysis, Alam Maritim Resources Bhd stock appears to be overvalued. The current stock price of RM0.28 is trading 64.7% above its estimated GF Value™ of RM0.17. GuruFocus considers Alam Maritim Resources Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5115:

  • Scaled Net Operating Assets: 0.09
  • GF Value™: RM0.17 vs. price of RM0.28 (64.7% above fair value)
  • GF Score™: 29/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alam Maritim Resources Bhd Business Description

Industry EnergyOil & Gas
Address No. 38th Floor, Level 3, Jalan Radin Anum, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Alam Maritim Resources Bhd is an first-tier service provider to the Malaysian oil and gas industry. The company's activities include offshore facilities construction and installation services, such as marine construction-related services; subsea engineering services and offshore pipeline construction-related services, as well as designing, manufacturing and operating of remotely operated vehicles. Its segments include Offshore support vessels which provides vessels for charter hire, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and to support the repair and maintenance services for the oil and gas industry; and Subsea services which provides vessel, subsea-related equipment and subsea services.
29GF Score

Get the complete analysis for XKLS:5115

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

RM0.28
Price
RM0.17
GF Value