Metrod Holdings Bhd (XKLS:6149) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)


XKLS:6149 Metrod Holdings Bhd XKLS:6149
78 GF Score
Price RM1.25
GF Value RM1.47
Valuation Modestly Undervalued
! 11 Warning Signs
View Full Analysis

What is Metrod Holdings Bhd Scaled Net Operating Assets?

Metrod Holdings Bhd XKLS:6149 +7.76% 78 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates XKLS:6149 with a GF Score™ of 78/100 and a GF Value™ of RM1.47 (Modestly Undervalued). The stock has 11 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.

Metrod Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM1,956 Mil. Metrod Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM268 Mil. Metrod Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM2,481 Mil. Therefore, Metrod Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


Metrod Holdings Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Metrod Holdings 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.

Metrod Holdings Bhd Scaled Net Operating Assets Chart

Metrod Holdings 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 0.81 0.69 0.92 0.91 0.87

Metrod Holdings 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 0.84 0.91 0.91 0.80 0.68

XKLS:6149 vs VRT, BE: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, Metrod Holdings 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.


Metrod Holdings Bhd Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Metrod Holdings Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:6149
78GF Score
Metrod Holdings Bhd XKLS:6149
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metrod Holdings 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.

Metrod Holdings 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 )
=(2219.058-356.366)/2137
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2480.531 - 261.473
=2219.058

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1807.594 - 187.659 - 1263.569
=356.366

Metrod Holdings 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 )
=(1956.349-268.047)/2480.531
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2241.407 - 285.058
=1956.349

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1574.943 - 175.388 - 1131.508
=268.047

* 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 0.68 mean?
Metrod Holdings Bhd (XKLS:6149) has a Scaled Net Operating Assets of 0.68 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 Metrod Holdings Bhd and its competitors.
Is Metrod Holdings Bhd's Scaled Net Operating Assets too high?
Metrod Holdings Bhd's current Scaled Net Operating Assets is 0.68. Overall, Metrod Holdings Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metrod Holdings Bhd's Scaled Net Operating Assets compare to VRT and BE?
Metrod Holdings Bhd's Scaled Net Operating Assets of 0.68 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Metrod Holdings Bhd and its competitors. Metrod Holdings Bhd's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metrod Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Metrod Holdings Bhd (XKLS:6149) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.47, compared to a current price of RM1.25 — trading 15% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. Metrod Holdings Bhd's overall GF Score™ is 78/100 with 11 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 Metrod Holdings Bhd (XKLS:6149), the current Scaled Net Operating Assets is 0.68 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 Metrod Holdings Bhd (XKLS:6149) Overvalued in 2026?

Based on GuruFocus' analysis, Metrod Holdings Bhd stock appears to be undervalued. The current stock price of RM1.25 is trading 15% below its estimated GF Value™ of RM1.47. GuruFocus considers Metrod Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6149:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: RM1.47 vs. price of RM1.25 (15% below fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the XKLS:6149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metrod Holdings Bhd Business Description

Address No. 3 Lengkuk Keluli 2, Bukit Raja Prime Industrial Park, Klang, SGR, MYS, 41720
Metrod Holdings Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and marketing of electrical conductivity grade copper wires. It operates in two business segments, Copper Business segment includes the procurement of raw materials, manufacturing, and marketing of electrical conductivity grade copper wires, rods, and strips which are used in cables, magnet wire, welding wire, transformers, and lightning protection; and Hospitality business segment. The company derives the majority of the revenue from the Copper Business segment. It has geographic presence in two countries namely Malaysia and India.
78GF Score

Get the complete analysis for XKLS:6149

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

RM1.25
Price
RM1.47
GF Value