Wavefront Bhd (XKLS:8176) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)


XKLS:8176 Wavefront Bhd XKLS:8176
36 GF Score
Price RM0.12
GF Value RM0.23
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wavefront Bhd Scaled Net Operating Assets?

Wavefront Bhd XKLS:8176 -4.17% 36 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates XKLS:8176 with a GF Score™ of 36/100 and a GF Value™ of RM0.23 (Possible Value Trap). 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.

Wavefront Bhd's operating assets for the quarter that ended in Mar. 2026 was RM276.3 Mil. Wavefront Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM82.4 Mil. Wavefront Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM528.0 Mil. Therefore, Wavefront Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.


Wavefront Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Wavefront 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.

Wavefront Bhd Scaled Net Operating Assets Chart

Wavefront Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.26 0.33 0.43 0.33

Wavefront 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 0.46 0.38 0.34 0.33 0.37

XKLS:8176 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Wavefront 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.


Wavefront Bhd Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Wavefront Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:8176
36GF Score
Wavefront Bhd XKLS:8176
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wavefront 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.

Wavefront 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 )
=(276.257-82.426)/582.598
=0.33

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=526.569 - 250.312
=276.257

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=156.612 - 28.465 - 45.721
=82.426

Wavefront 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 )
=(276.257-82.426)/528.047
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=526.569 - 250.312
=276.257

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=156.612 - 28.465 - 45.721
=82.426

* 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 0.37 mean?
Wavefront Bhd (XKLS:8176) has a Scaled Net Operating Assets of 0.37 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 Wavefront Bhd and its competitors.
Is Wavefront Bhd's Scaled Net Operating Assets too high?
Wavefront Bhd's current Scaled Net Operating Assets is 0.37. Overall, Wavefront Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wavefront Bhd's Scaled Net Operating Assets compare to APH and GLW?
Wavefront Bhd's Scaled Net Operating Assets of 0.37 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Wavefront Bhd and its competitors. Wavefront Bhd's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wavefront Bhd (XKLS:8176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.12 — trading 50% below its estimated fair value. The current Scaled Net Operating Assets is 0.37. Wavefront Bhd's overall GF Score™ is 36/100 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 Wavefront Bhd (XKLS:8176), the current Scaled Net Operating Assets is 0.37 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 Wavefront Bhd (XKLS:8176) Overvalued in 2026?

Based on GuruFocus' analysis, Wavefront Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 50% below its estimated GF Value™ of RM0.23. GuruFocus considers Wavefront Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8176:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: RM0.23 vs. price of RM0.12 (50% below fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the XKLS:8176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wavefront Bhd Business Description

Address No. 6, Jalan Dewani 1, Kawasan Perindustrian Dewani, Johor Bahru, JHR, MYS, 81100
Wavefront Bhd is an investment holding company. The company is principally involved in the manufacturing and sales of precision plastic injection moulded parts, secondary process, sub-assembly, and full assembly of the finished products for the electronic industry, and is predominantly carried out in Malaysia.
36GF Score

Get the complete analysis for XKLS:8176

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

RM0.12
Price
RM0.23
GF Value