Skyworld Development Bhd (XKLS:5315) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


XKLS:5315 Skyworld Development Bhd XKLS:5315
32 GF Score
Price RM0.41
GF Value RM0.45
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Skyworld Development Bhd Scaled Net Operating Assets?

Skyworld Development Bhd XKLS:5315 -1.22% 32 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates XKLS:5315 with a GF Score™ of 32/100 and a GF Value™ of RM0.45 (Modestly Undervalued). The stock has 10 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.

Skyworld Development Bhd's operating assets for the quarter that ended in Mar. 2026 was RM1,734.5 Mil. Skyworld Development Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM601.0 Mil. Skyworld Development Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM1,900.0 Mil. Therefore, Skyworld Development Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Skyworld Development Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Skyworld Development 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.

Skyworld Development Bhd Scaled Net Operating Assets Chart

Skyworld Development Bhd Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.53 0.64 0.69 0.68 0.74

Skyworld Development Bhd Quarterly Data
Mar20 Mar21 Mar22 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 0.70 0.64 0.70 0.67 0.60

Skyworld Development Bhd Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Skyworld Development 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.


Skyworld Development Bhd Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Skyworld Development Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:5315
32GF Score
Skyworld Development Bhd XKLS:5315
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Skyworld Development 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.

Skyworld Development Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1734.526-601.027)/1531.025
=0.74

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2079.522 - 344.996
=1734.526

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1173.138 - 290.01 - 282.101
=601.027

Skyworld Development 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 )
=(1734.526-601.027)/1900.02
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2079.522 - 344.996
=1734.526

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1173.138 - 290.01 - 282.101
=601.027

* 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 0.60 mean?
Skyworld Development Bhd (XKLS:5315) has a Scaled Net Operating Assets of 0.60 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 Skyworld Development Bhd and its competitors.
Is Skyworld Development Bhd's Scaled Net Operating Assets too high?
Skyworld Development Bhd's current Scaled Net Operating Assets is 0.60. Overall, Skyworld Development Bhd has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Skyworld Development Bhd's Scaled Net Operating Assets compare to competitors?
Skyworld Development Bhd's Scaled Net Operating Assets of 0.60 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Skyworld Development Bhd and its competitors. Skyworld Development Bhd's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skyworld Development Bhd stock overvalued right now?
Based on GuruFocus' analysis, Skyworld Development Bhd (XKLS:5315) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.45, compared to a current price of RM0.41 — trading 10% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Skyworld Development Bhd's overall GF Score™ is 32/100 with 10 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 Skyworld Development Bhd (XKLS:5315), the current Scaled Net Operating Assets is 0.60 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 Skyworld Development Bhd (XKLS:5315) Overvalued in 2026?

Based on GuruFocus' analysis, Skyworld Development Bhd stock appears to be undervalued. The current stock price of RM0.41 is trading 10% below its estimated GF Value™ of RM0.45. GuruFocus considers Skyworld Development Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5315:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: RM0.45 vs. price of RM0.41 (10% below fair value)
  • GF Score™: 32/100 with 10 warning signs

No single metric tells the full story. See the XKLS:5315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skyworld Development Bhd Business Description

Address Jalan Ampang Putra, Ground Floor, Block B, Wisma NTP World, Excella Business Park, Ampang, Kuala Lumpur, SGR, MYS, 55100
Skyworld Development Bhd is an urban property developer focusing on the development of high-rise residential and commercial as well as affordable properties. The company's operating segment includes Property Development, Property Management, Management Services and Investment Holding, and Construction. The company generates the majority of its revenue from the Property development segment, which is engaged in comprising development of high-rise residential, commercial, and affordable home. The company carries out all of its operations in Malaysia.
32GF Score

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

RM0.41
Price
RM0.45
GF Value