Concrete Engineering Products Bhd (XKLS:8435) Scaled Net Operating Assets: 0.66 (As of Feb. 2026)


XKLS:8435 Concrete Engineering Products Bhd XKLS:8435
31 GF Score
Price RM3.80
GF Value RM0.59
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Concrete Engineering Products Bhd Scaled Net Operating Assets?

Concrete Engineering Products Bhd XKLS:8435 +0.80% 31 Scaled Net Operating Assets is 0.66 as of Feb. 2026. GuruFocus rates XKLS:8435 with a GF Score™ of 31/100 and a GF Value™ of RM0.59 (Significantly Overvalued). The stock has 9 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.

Concrete Engineering Products Bhd's operating assets for the quarter that ended in Feb. 2026 was RM136.74 Mil. Concrete Engineering Products Bhd's operating liabilities for the quarter that ended in Feb. 2026 was RM46.57 Mil. Concrete Engineering Products Bhd's Total Assets for the quarter that ended in Nov. 2025 was RM136.91 Mil. Therefore, Concrete Engineering Products Bhd's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.66.


Concrete Engineering Products Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Concrete Engineering Products 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.

Concrete Engineering Products Bhd Scaled Net Operating Assets Chart

Concrete Engineering Products Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.57 0.48 0.52 0.73

Concrete Engineering Products Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.51 0.61 0.78 0.59 0.66

XKLS:8435 vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, Concrete Engineering Products 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.


Concrete Engineering Products Bhd Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Concrete Engineering Products Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:8435
31GF Score
Concrete Engineering Products Bhd XKLS:8435
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Concrete Engineering Products 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.

Concrete Engineering Products Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(146.621-54.256)/126.694
=0.73

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=148.428 - 1.807
=146.621

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61.088 - 0.588 - 6.244
=54.256

Concrete Engineering Products Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(136.735-46.57)/136.912
=0.66

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=138.873 - 2.138
=136.735

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.769 - 0.305 - 4.894
=46.57

* 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 0.66 mean?
Concrete Engineering Products Bhd (XKLS:8435) has a Scaled Net Operating Assets of 0.66 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Concrete Engineering Products Bhd and its competitors.
Is Concrete Engineering Products Bhd's Scaled Net Operating Assets too high?
Concrete Engineering Products Bhd's current Scaled Net Operating Assets is 0.66. Overall, Concrete Engineering Products Bhd has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrete Engineering Products Bhd's Scaled Net Operating Assets compare to CRH and VMC?
Concrete Engineering Products Bhd's Scaled Net Operating Assets of 0.66 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Concrete Engineering Products Bhd and its competitors. Concrete Engineering Products Bhd's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concrete Engineering Products Bhd stock overvalued right now?
Based on GuruFocus' analysis, Concrete Engineering Products Bhd (XKLS:8435) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.59, compared to a current price of RM3.80 — trading 544.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Concrete Engineering Products Bhd's overall GF Score™ is 31/100 with 9 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 Concrete Engineering Products Bhd (XKLS:8435), the current Scaled Net Operating Assets is 0.66 as of Feb. 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 Concrete Engineering Products Bhd (XKLS:8435) Overvalued in 2026?

Based on GuruFocus' analysis, Concrete Engineering Products Bhd stock appears to be overvalued. The current stock price of RM3.80 is trading 544.1% above its estimated GF Value™ of RM0.59. GuruFocus considers Concrete Engineering Products Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:8435:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: RM0.59 vs. price of RM3.80 (544.1% above fair value)
  • GF Score™: 31/100 with 9 warning signs

No single metric tells the full story. See the XKLS:8435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Concrete Engineering Products Bhd Business Description

Address Jalan Sultan Ismail, 26th Floor, Menara Promet KH, Kuala Lumpur, SGR, MYS, 50250
Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation purposes in buildings, pile embankments, bridges, ports, and marine structures. The poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives the majority of its revenue from Malaysia and also operates in Southeast Asia.
31GF Score

Get the complete analysis for XKLS:8435

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

RM3.80
Price
RM0.59
GF Value