Aeon Co (M) Bhd (XKLS:6599) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)


XKLS:6599 Aeon Co (M) Bhd XKLS:6599
74 GF Score
Price RM1.05
GF Value RM1.30
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Aeon Co (M) Bhd Scaled Net Operating Assets?

Aeon Co (M) Bhd XKLS:6599 74 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates XKLS:6599 with a GF Score™ of 74/100 and a GF Value™ of RM1.30 (Modestly Undervalued). The stock has 6 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.

Aeon Co (M) Bhd's operating assets for the quarter that ended in Mar. 2026 was RM5,389 Mil. Aeon Co (M) Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM1,521 Mil. Aeon Co (M) Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM5,799 Mil. Therefore, Aeon Co (M) Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Aeon Co (M) Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aeon Co (M) 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.

Aeon Co (M) Bhd Scaled Net Operating Assets Chart

Aeon Co (M) 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 0.71 0.66 0.70 0.74 0.72

Aeon Co (M) 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 0.68 0.69 0.73 0.73 0.67

XKLS:6599 vs DDS, M: Scaled Net Operating Assets Comparison

For the Department Stores subindustry, Aeon Co (M) 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.


Aeon Co (M) Bhd Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aeon Co (M) Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Aeon Co (M) Bhd's Scaled Net Operating Assets falls into.


XKLS:6599
74GF Score
Aeon Co (M) Bhd XKLS:6599
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aeon Co (M) 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.

Aeon Co (M) 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 )
=(5445.868-1381.922)/5634.759
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5799.392 - 353.524
=5445.868

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3796.328 - 1983.503 - 430.903
=1381.922

Aeon Co (M) 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 )
=(5389.1-1520.9)/5799.392
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5977.4 - 588.3
=5389.1

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3893.7 - 1937.6 - 435.2
=1520.9

* 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 0.67 mean?
Aeon Co (M) Bhd (XKLS:6599) has a Scaled Net Operating Assets of 0.67 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 Aeon Co (M) Bhd and its competitors.
Is Aeon Co (M) Bhd's Scaled Net Operating Assets too high?
Aeon Co (M) Bhd's current Scaled Net Operating Assets is 0.67. Overall, Aeon Co (M) Bhd has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aeon Co (M) Bhd's Scaled Net Operating Assets compare to DDS and M?
Aeon Co (M) Bhd's Scaled Net Operating Assets of 0.67 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Aeon Co (M) Bhd and its competitors. Aeon Co (M) Bhd's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeon Co (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aeon Co (M) Bhd (XKLS:6599) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.30, compared to a current price of RM1.05 — trading 19.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.67. Aeon Co (M) Bhd's overall GF Score™ is 74/100 with 6 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 Aeon Co (M) Bhd (XKLS:6599), the current Scaled Net Operating Assets is 0.67 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 Aeon Co (M) Bhd (XKLS:6599) Overvalued in 2026?

Based on GuruFocus' analysis, Aeon Co (M) Bhd stock appears to be undervalued. The current stock price of RM1.05 is trading 19.2% below its estimated GF Value™ of RM1.30. GuruFocus considers Aeon Co (M) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6599:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: RM1.30 vs. price of RM1.05 (19.2% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the XKLS:6599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aeon Co (M) Bhd Business Description

Address Jalan Jejaka, 3rd Floor, AEON Taman Maluri Shopping Centre, Cheras, Kuala Lumpur, MYS, 55100
Aeon Co (M) Bhd is principally engaged in the operations of a chain of departmental stores and supermarkets selling a broad range of goods ranging from clothing, food, household goods, other merchandise and shopping centre operation. The two main reportable segments are: i) Retailing: The operations of a chain of departmental stores and supermarkets selling a broad range of goods ranging from clothing, food, household goods and other merchandise, ii) Property management services: Shopping mall operation. The majority of the company's revenue is derived from the Retailing segment. Geographically, the company is predominantly operating in Malaysia.
74GF Score

Get the complete analysis for XKLS:6599

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

RM1.05
Price
RM1.30
GF Value