MNRB Holdings Bhd (XKLS:6459) Scaled Net Operating Assets: 0.32 (As of Mar. 2026)

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XKLS:6459 MNRB Holdings Bhd XKLS:6459
77 GF Score
Price RM2.76
GF Value RM2.42
Valuation Modestly Overvalued
! 8 Warning Signs
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What is MNRB Holdings Bhd Scaled Net Operating Assets?

MNRB Holdings Bhd XKLS:6459 +0.73% 77 Scaled Net Operating Assets is 0.32 as of Mar. 2026. GuruFocus rates XKLS:6459 with a GF Score™ of 77/100 and a GF Value™ of RM2.42 (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.

MNRB Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM14,174 Mil. MNRB Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM9,665 Mil. MNRB Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM14,145 Mil. Therefore, MNRB Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.32.

XKLS:6459
77GF Score
MNRB Holdings Bhd XKLS:6459
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MNRB 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.

MNRB Holdings 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 )
=(14173.769-9665.414)/13468.748
=0.33

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14219.719 - 45.95
=14173.769

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10337.511 - 672.097 - 0
=9665.414

MNRB 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 )
=(14173.769-9665.414)/14144.714
=0.32

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14219.719 - 45.95
=14173.769

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10337.511 - 672.097 - 0
=9665.414

* 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 0.32 mean?
MNRB Holdings Bhd (XKLS:6459) has a Scaled Net Operating Assets of 0.32 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 MNRB Holdings Bhd and its competitors.
Is MNRB Holdings Bhd's Scaled Net Operating Assets too high?
MNRB Holdings Bhd's current Scaled Net Operating Assets is 0.32. Overall, MNRB Holdings Bhd has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MNRB Holdings Bhd's Scaled Net Operating Assets compare to RGA and EG?
MNRB Holdings Bhd's Scaled Net Operating Assets of 0.32 can be compared against companies in the Insurance 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 Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 MNRB Holdings Bhd and its competitors. MNRB Holdings Bhd's current Scaled Net Operating Assets is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNRB Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MNRB Holdings Bhd (XKLS:6459) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.42, compared to a current price of RM2.76 — trading 14% above its estimated fair value. The current Scaled Net Operating Assets is 0.32. MNRB Holdings Bhd's overall GF Score™ is 77/100 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 MNRB Holdings Bhd (XKLS:6459), the current Scaled Net Operating Assets is 0.32 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 MNRB Holdings Bhd (XKLS:6459) Overvalued in 2026?

Based on GuruFocus' analysis, MNRB Holdings Bhd stock appears to be overvalued. The current stock price of RM2.76 is trading 14% above its estimated GF Value™ of RM2.42. GuruFocus considers MNRB Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:6459:

  • Scaled Net Operating Assets: 0.32
  • GF Value™: RM2.42 vs. price of RM2.76 (14% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the XKLS:6459 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MNRB Holdings Bhd Business Description

Address No. 17, Lorong Dungun, 12th Floor, Bangunan Malaysian Re, Damansara Heights, Kuala Lumpur, MYS, 50490
MNRB Holdings Bhd is engaged in the provision of management services to its subsidiaries. The group is a reinsurance provider as per the retakaful and takaful system according to sharia law. It comprises wholesale providers of reinsurance and retakaful as well as a takaful operator. The reinsurance services are provided in the areas of fire, marine, motor, miscellaneous, and family retakaful. The company is also engaged in the investment holding business and mainly operates in Malaysia and the United Arab Emirates.
77GF Score

Get the complete analysis for XKLS:6459

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

RM2.76
Price
RM2.42
GF Value