Sunway Bhd (XKLS:5211) Scaled Net Operating Assets: 0.88 (As of Mar. 2026)


XKLS:5211 Sunway Bhd XKLS:5211
91 GF Score
Price RM5.04
GF Value RM5.56
Valuation Fairly Valued
! 5 Warning Signs
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What is Sunway Bhd Scaled Net Operating Assets?

Sunway Bhd XKLS:5211 -0.98% 91 Scaled Net Operating Assets is 0.88 as of Mar. 2026. GuruFocus rates XKLS:5211 with a GF Score™ of 91/100 and a GF Value™ of RM5.56 (Fairly Valued). 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.

Sunway Bhd's operating assets for the quarter that ended in Mar. 2026 was RM41,606 Mil. Sunway Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM7,570 Mil. Sunway Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM38,842 Mil. Therefore, Sunway Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.88.


Sunway Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sunway 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.

Sunway Bhd Scaled Net Operating Assets Chart

Sunway 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 0.90 0.81 0.84 0.78 0.80

Sunway 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 0.71 0.70 0.66 0.71 0.88

XKLS:5211 vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Sunway 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.


Sunway Bhd Scaled Net Operating Assets vs Conglomerates Industry

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

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


XKLS:5211
91GF Score
Sunway Bhd XKLS:5211
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunway 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.

Sunway 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 )
=(31939.132-6713.86)/31517.836
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=38841.939 - 6902.807
=31939.132

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21845.112 - 6257.359 - 8873.893
=6713.86

Sunway 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 )
=(41606.223-7569.74)/38841.939
=0.88

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50297.453 - 8691.23
=41606.223

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24004.509 - 7765.694 - 8669.075
=7569.74

* 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 0.88 mean?
Sunway Bhd (XKLS:5211) has a Scaled Net Operating Assets of 0.88 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 Sunway Bhd and its competitors.
Is Sunway Bhd's Scaled Net Operating Assets too high?
Sunway Bhd's current Scaled Net Operating Assets is 0.88. Overall, Sunway Bhd has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sunway Bhd's Scaled Net Operating Assets compare to HON and MMM?
Sunway Bhd's Scaled Net Operating Assets of 0.88 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 Sunway Bhd and its competitors. Sunway Bhd's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunway Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sunway Bhd (XKLS:5211) is currently considered Fairly Valued. The stock's GF Value™ is RM5.56, compared to a current price of RM5.04 — trading 9.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.88. Sunway Bhd's overall GF Score™ is 91/100 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 Sunway Bhd (XKLS:5211), the current Scaled Net Operating Assets is 0.88 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 Sunway Bhd (XKLS:5211) Overvalued in 2026?

Based on GuruFocus' analysis, Sunway Bhd stock appears to be undervalued. The current stock price of RM5.04 is trading 9.4% below its estimated GF Value™ of RM5.56. GuruFocus considers Sunway Bhd to be Fairly Valued.

Key valuation signals for XKLS:5211:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: RM5.56 vs. price of RM5.04 (9.4% below fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunway Bhd Business Description

Address Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, Subang Jaya, MYS, 47500
Sunway Bhd is a Malaysian property-construction corporation that has diverse businesses that are key players in their respective industries which include property development, healthcare, construction, property investment, REIT, leisure, hospitality, trading, manufacturing, quarry, and building materials. It has geographic segments Malaysia, Singapore, China, India, Australia, Indonesia, United Kingdom, and Other countries. It generates the majority of its revenue from Malaysia. Its segments are Property Development, Healthcare, Construction, Property Investment & REIT, Leisure, Hospitality, Trading & Manufacturing, Building Materials and Quarry. It generates the majority of its revenue from Property Development and Construction.
91GF Score

Get the complete analysis for XKLS:5211

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

RM5.04
Price
RM5.56
GF Value