Theta Edge Bhd (XKLS:9075) Scaled Net Operating Assets: 0.22 (As of Mar. 2026)


XKLS:9075 Theta Edge Bhd XKLS:9075
60 GF Score
Price RM0.53
GF Value RM1.27
Valuation Possible Value Trap
! 5 Warning Signs
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What is Theta Edge Bhd Scaled Net Operating Assets?

Theta Edge Bhd XKLS:9075 -1.85% 60 Scaled Net Operating Assets is 0.22 as of Mar. 2026. GuruFocus rates XKLS:9075 with a GF Score™ of 60/100 and a GF Value™ of RM1.27 (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.

Theta Edge Bhd's operating assets for the quarter that ended in Mar. 2026 was RM62.0 Mil. Theta Edge Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM24.6 Mil. Theta Edge Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM173.6 Mil. Therefore, Theta Edge Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.22.

Theta Edge Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Theta Edge 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.

Theta Edge Bhd Scaled Net Operating Assets Chart

Theta Edge 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 0.43 0.63 0.41 0.51 0.60

Theta Edge 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 0.58 0.60 0.76 0.37 0.22

XKLS:9075 vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, Theta Edge 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.

Theta Edge Bhd Scaled Net Operating Assets vs Software Industry

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

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


XKLS:9075
60GF Score
Theta Edge Bhd XKLS:9075
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Theta Edge 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.

Theta Edge 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 )
=(165.872-102.536)/105.11
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=173.619 - 7.747
=165.872

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=125.016 - 12.661 - 9.819
=102.536

Theta Edge 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 )
=(61.991-24.642)/173.619
=0.22

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=87.73 - 25.739
=61.991

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43.41 - 12.128 - 6.64
=24.642

* 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 0.22 mean?
Theta Edge Bhd (XKLS:9075) has a Scaled Net Operating Assets of 0.22 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 Theta Edge Bhd and its competitors.
Is Theta Edge Bhd's Scaled Net Operating Assets too high?
Theta Edge Bhd's current Scaled Net Operating Assets is 0.22. Overall, Theta Edge Bhd has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Theta Edge Bhd's Scaled Net Operating Assets compare to IBM and ACN?
Theta Edge Bhd's Scaled Net Operating Assets of 0.22 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Theta Edge Bhd and its competitors. Theta Edge Bhd's current Scaled Net Operating Assets is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theta Edge Bhd stock overvalued right now?
Based on GuruFocus' analysis, Theta Edge Bhd (XKLS:9075) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.27, compared to a current price of RM0.53 — trading 58.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.22. Theta Edge Bhd's overall GF Score™ is 60/100 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 Theta Edge Bhd (XKLS:9075), the current Scaled Net Operating Assets is 0.22 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 Theta Edge Bhd (XKLS:9075) Overvalued in 2026?

Based on GuruFocus' analysis, Theta Edge Bhd stock appears to be undervalued. The current stock price of RM0.53 is trading 58.3% below its estimated GF Value™ of RM1.27. GuruFocus considers Theta Edge Bhd to be Possible Value Trap.

Key valuation signals for XKLS:9075:

  • Scaled Net Operating Assets: 0.22
  • GF Value™: RM1.27 vs. price of RM0.53 (58.3% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the XKLS:9075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Theta Edge Bhd Business Description

Address Jalan 223, Lot 11B, Seksyenn 51 A, Petaling Jaya, SGR, MYS, 46100
Theta Edge Bhd is an investment holding company. It is an Information Communication, Technology (ICT) Services Provider. The businesses in which the company operates include IT Solutions, TIT Advisory, system integration, application development and IT implementation services to businesses. It operates business in Malaysia and segmented into Information Technology and Telecommunication services. The majority of the revenue is generated from Information technology.
60GF Score

Get the complete analysis for XKLS:9075

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

RM0.53
Price
RM1.27
GF Value