Malakoff Bhd (XKLS:5264) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


XKLS:5264 Malakoff Corp Bhd XKLS:5264
49 GF Score
Price RM0.84
GF Value RM0.64
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Malakoff Bhd Scaled Net Operating Assets?

Malakoff Bhd XKLS:5264 49 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates XKLS:5264 with a GF Score™ of 49/100 and a GF Value™ of RM0.64 (Modestly Overvalued). The stock has 8 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.

Malakoff Bhd's operating assets for the quarter that ended in Mar. 2026 was RM16,000 Mil. Malakoff Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM5,087 Mil. Malakoff Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM17,717 Mil. Therefore, Malakoff Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.

Malakoff Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Malakoff 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.

Malakoff Bhd Scaled Net Operating Assets Chart

Malakoff 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 0.50 0.57 0.52 0.55 0.56

Malakoff 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 0.59 0.57 0.58 0.59 0.62

XKLS:5264 vs SRE: Scaled Net Operating Assets Comparison

For the Utilities - Diversified subindustry, Malakoff 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.

Malakoff Bhd Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Malakoff Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:5264
49GF Score
Malakoff Corp Bhd XKLS:5264
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Malakoff 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.

Malakoff 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 )
=(15670.99-4947.171)/19012.687
=0.56

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17717.244 - 2046.254
=15670.99

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12327.256 - 6579.424 - 800.661
=4947.171

Malakoff 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 )
=(15999.986-5087.254)/17717.244
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17903.039 - 1903.053
=15999.986

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12511.913 - 6417.039 - 1007.62
=5087.254

* 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 0.62 mean?
Malakoff Bhd (XKLS:5264) has a Scaled Net Operating Assets of 0.62 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 Malakoff Bhd and its competitors.
Is Malakoff Bhd's Scaled Net Operating Assets too high?
Malakoff Bhd's current Scaled Net Operating Assets is 0.62. Overall, Malakoff Bhd has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malakoff Bhd's Scaled Net Operating Assets compare to SRE?
Malakoff Bhd's Scaled Net Operating Assets of 0.62 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 Malakoff Bhd and its competitors. Malakoff Bhd's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malakoff Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malakoff Bhd (XKLS:5264) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.64, compared to a current price of RM0.84 — trading 30.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.62. Malakoff Bhd's overall GF Score™ is 49/100 with 8 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 Malakoff Bhd (XKLS:5264), the current Scaled Net Operating Assets is 0.62 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 Malakoff Bhd (XKLS:5264) Overvalued in 2026?

Based on GuruFocus' analysis, Malakoff Bhd stock appears to be overvalued. The current stock price of RM0.84 is trading 30.5% above its estimated GF Value™ of RM0.64. GuruFocus considers Malakoff Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5264:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: RM0.64 vs. price of RM0.84 (30.5% above fair value)
  • GF Score™: 49/100 with 8 warning signs

No single metric tells the full story. See the XKLS:5264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Malakoff Bhd Business Description

Address Jalan Stesen Sentral 5, Level 12, Block 4, Plaza Sentral, Kuala Lumpur, SGR, MYS, 50470
Malakoff Corp Bhd is an Energy generation and Environmental Solutions organization. The company is an Independent Power Producer generating electricity from its domestic thermal power plants. Its renewable energy portfolio comprises large scale solar, commercial and industrial solar installations, small hydropower projects and its WTE plant development. Its segments include Power generation which includes power generation business and water desalination services; and Waste management and environmental services which include waste management services and environmental services. The majority of the revenue is derived from Power generation segment. Geographical revenue is solely derived from Malaysia.
49GF Score

Get the complete analysis for XKLS:5264

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

RM0.84
Price
RM0.64
GF Value