Master-Pack Group Bhd (XKLS:7029) Scaled Net Operating Assets: 0.44 (As of Mar. 2026)


XKLS:7029 Master-Pack Group Bhd XKLS:7029
74 GF Score
Price RM1.66
GF Value RM1.79
Valuation Fairly Valued
! 3 Warning Signs
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What is Master-Pack Group Bhd Scaled Net Operating Assets?

Master-Pack Group Bhd XKLS:7029 74 Scaled Net Operating Assets is 0.44 as of Mar. 2026. GuruFocus rates XKLS:7029 with a GF Score™ of 74/100 and a GF Value™ of RM1.79 (Fairly Valued). The stock has 3 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.

Master-Pack Group Bhd's operating assets for the quarter that ended in Mar. 2026 was RM105.14 Mil. Master-Pack Group Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM19.86 Mil. Master-Pack Group Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM194.25 Mil. Therefore, Master-Pack Group Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.


Master-Pack Group Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Master-Pack 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.

Master-Pack Group Bhd Scaled Net Operating Assets Chart

Master-Pack 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 0.64 0.58 0.57 0.45 0.42

Master-Pack 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 0.47 0.48 0.45 0.45 0.44

XKLS:7029 vs SW, PKG, IP: Scaled Net Operating Assets Comparison

For the Packaging & Containers subindustry, Master-Pack 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.


Master-Pack Group Bhd Scaled Net Operating Assets vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Master-Pack Group Bhd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Master-Pack Group Bhd's Scaled Net Operating Assets falls into.


XKLS:7029
74GF Score
Master-Pack Group Bhd XKLS:7029
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Master-Pack 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.

Master-Pack 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 )
=(106.729-19.916)/206.297
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=194.249 - 87.52
=106.729

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.122 - 0.388 - 3.818
=19.916

Master-Pack 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 )
=(105.143-19.863)/194.249
=0.44

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=190.718 - 85.575
=105.143

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22.172 - 0.292 - 2.017
=19.863

* 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 0.44 mean?
Master-Pack Group Bhd (XKLS:7029) has a Scaled Net Operating Assets of 0.44 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 Master-Pack Group Bhd and its competitors.
Is Master-Pack Group Bhd's Scaled Net Operating Assets too high?
Master-Pack Group Bhd's current Scaled Net Operating Assets is 0.44. Overall, Master-Pack Group Bhd has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Master-Pack Group Bhd's Scaled Net Operating Assets compare to SW and PKG?
Master-Pack Group Bhd's Scaled Net Operating Assets of 0.44 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Scaled Net Operating Assets depends on the Packaging & Containers 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 Master-Pack Group Bhd and its competitors. Master-Pack Group Bhd's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master-Pack Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Master-Pack Group Bhd (XKLS:7029) is currently considered Fairly Valued. The stock's GF Value™ is RM1.79, compared to a current price of RM1.66 — trading 7.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.44. Master-Pack Group Bhd's overall GF Score™ is 74/100 with 3 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 Master-Pack Group Bhd (XKLS:7029), the current Scaled Net Operating Assets is 0.44 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 Master-Pack Group Bhd (XKLS:7029) Overvalued in 2026?

Based on GuruFocus' analysis, Master-Pack Group Bhd stock appears to be undervalued. The current stock price of RM1.66 is trading 7.3% below its estimated GF Value™ of RM1.79. GuruFocus considers Master-Pack Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:7029:

  • Scaled Net Operating Assets: 0.44
  • GF Value™: RM1.79 vs. price of RM1.66 (7.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the XKLS:7029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Master-Pack Group Bhd Business Description

Address 1574, Jalan Bukit Panchor, Seberang Perai Selatan, Nibong Tebal, PNG, MYS, 14300
Master-Pack Group Bhd is an investment holding company. The core activities of the company are the manufacture and sale of corrugated fibreboard cartons and packaging materials. Some of the products are sheet board, slotted type, telescope type, folder type, die-cut products, interior fitments, palletized shipping containers, and other packaging materials. Its customers are from different industries, namely Solar Equipment Manufacturers, Electrical and Electronics, Food and Beverages, Automotive, Chemicals, Medical, and others. Geographically, it operates in Malaysia, Vietnam, and other countries, with Malaysia generating the highest revenue.
74GF Score

Get the complete analysis for XKLS:7029

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

RM1.66
Price
RM1.79
GF Value