LBS Bina Group Bhd (XKLS:5789) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)


XKLS:5789 LBS Bina Group Bhd XKLS:5789
66 GF Score
Price RM0.42
GF Value RM0.51
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is LBS Bina Group Bhd Scaled Net Operating Assets?

LBS Bina Group Bhd XKLS:5789 66 Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus rates XKLS:5789 with a GF Score™ of 66/100 and a GF Value™ of RM0.51 (Modestly Undervalued). 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.

LBS Bina Group Bhd's operating assets for the quarter that ended in Mar. 2026 was RM3,944 Mil. LBS Bina Group Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM1,165 Mil. LBS Bina Group Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM4,425 Mil. Therefore, LBS Bina Group Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.

LBS Bina Group Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for LBS Bina Group 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.

LBS Bina Group Bhd Scaled Net Operating Assets Chart

LBS Bina Group 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 0.65 0.58 0.59 0.64 0.68

LBS Bina Group 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 0.62 0.60 0.61 0.67 0.63

LBS Bina Group Bhd Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, LBS Bina Group 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.

LBS Bina Group Bhd Scaled Net Operating Assets vs Real Estate Industry

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

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


XKLS:5789
66GF Score
LBS Bina Group Bhd XKLS:5789
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LBS Bina Group 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.

LBS Bina Group 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 )
=(4099.264-1139.418)/4347.055
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4425.425 - 326.161
=4099.264

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2409.129 - 933.752 - 335.959
=1139.418

LBS Bina Group 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 )
=(3943.842-1164.782)/4425.425
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4498.955 - 555.113
=3943.842

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2468.978 - 960.141 - 344.055
=1164.782

* 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 0.63 mean?
LBS Bina Group Bhd (XKLS:5789) has a Scaled Net Operating Assets of 0.63 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 LBS Bina Group Bhd and its competitors.
Is LBS Bina Group Bhd's Scaled Net Operating Assets too high?
LBS Bina Group Bhd's current Scaled Net Operating Assets is 0.63. Overall, LBS Bina Group Bhd has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LBS Bina Group Bhd's Scaled Net Operating Assets compare to competitors?
LBS Bina Group Bhd's Scaled Net Operating Assets of 0.63 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 LBS Bina Group Bhd and its competitors. LBS Bina Group Bhd's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LBS Bina Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, LBS Bina Group Bhd (XKLS:5789) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.42 — trading 18.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. LBS Bina Group Bhd's overall GF Score™ is 66/100 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 LBS Bina Group Bhd (XKLS:5789), the current Scaled Net Operating Assets is 0.63 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 LBS Bina Group Bhd (XKLS:5789) Overvalued in 2026?

Based on GuruFocus' analysis, LBS Bina Group Bhd stock appears to be undervalued. The current stock price of RM0.42 is trading 18.6% below its estimated GF Value™ of RM0.51. GuruFocus considers LBS Bina Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5789:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: RM0.51 vs. price of RM0.42 (18.6% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

LBS Bina Group Bhd Business Description

Other Exchanges 5789PA.PFD:Malaysia
Address No. 1 Jalan SS9/2, Plaza Seri Setia Level 1-4, Petaling Jaya, SGR, MYS, 47300
LBS Bina Group Bhd is engaged in investment holding, property development, investment and management, construction and trading, manufacturing of precast concrete products, hotel and retail mall operations, financial and credit-related services, racing circuit development and management, energy and water-related investment activities, hospital and agricultural activities. Its segments include Property development, Construction and trading, Management and investment, Hotel, and Others. The majority of the revenue is derived from the Property Development segment, which develops residential, industrial and commercial properties. Geographically, it operates in Malaysia and Saudi.
66GF Score

Get the complete analysis for XKLS:5789

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

RM0.42
Price
RM0.51
GF Value