Emico Holdings Bhd (XKLS:9091) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)

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XKLS:9091 Emico Holdings Bhd XKLS:9091
48 GF Score
Price RM0.12
GF Value RM0.23
Valuation Possible Value Trap
! 6 Warning Signs
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What is Emico Holdings Bhd Scaled Net Operating Assets?

Emico Holdings Bhd XKLS:9091 -14.29% 48 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates XKLS:9091 with a GF Score™ of 48/100 and a GF Value™ of RM0.23 (Possible Value Trap). 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.

Emico Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM87.65 Mil. Emico Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM15.72 Mil. Emico Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM95.99 Mil. Therefore, Emico Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


Emico Holdings Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Emico Holdings 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.

Emico Holdings Bhd Scaled Net Operating Assets Chart

Emico Holdings 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 0.84 0.79 0.76 0.89 0.72

Emico Holdings 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 0.78 0.78 0.76 0.77 0.75

XKLS:9091 vs AS, HAS, LTH: Scaled Net Operating Assets Comparison

For the Leisure subindustry, Emico Holdings 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.


Emico Holdings Bhd Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emico Holdings Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:9091
48GF Score
Emico Holdings Bhd XKLS:9091
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Emico Holdings 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.

Emico Holdings 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 )
=(87.649-15.719)/99.458
=0.72

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=89.958 - 2.309
=87.649

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.88 - 6.432 - 8.729
=15.719

Emico Holdings 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 )
=(87.649-15.719)/95.986
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=89.958 - 2.309
=87.649

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.88 - 6.432 - 8.729
=15.719

* 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 0.75 mean?
Emico Holdings Bhd (XKLS:9091) has a Scaled Net Operating Assets of 0.75 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 Emico Holdings Bhd and its competitors.
Is Emico Holdings Bhd's Scaled Net Operating Assets too high?
Emico Holdings Bhd's current Scaled Net Operating Assets is 0.75. Overall, Emico Holdings Bhd has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emico Holdings Bhd's Scaled Net Operating Assets compare to AS and HAS?
Emico Holdings Bhd's Scaled Net Operating Assets of 0.75 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Emico Holdings Bhd and its competitors. Emico Holdings Bhd's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emico Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Emico Holdings Bhd (XKLS:9091) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.12 — trading 47.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Emico Holdings Bhd's overall GF Score™ is 48/100 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 Emico Holdings Bhd (XKLS:9091), the current Scaled Net Operating Assets is 0.75 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 Emico Holdings Bhd (XKLS:9091) Overvalued in 2026?

Based on GuruFocus' analysis, Emico Holdings Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 47.8% below its estimated GF Value™ of RM0.23. GuruFocus considers Emico Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:9091:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: RM0.23 vs. price of RM0.12 (47.8% below fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the XKLS:9091 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emico Holdings Bhd Business Description

Address 18 Lebuhraya Kampung Jawa, Bayan Lepas, PNG, MYS, 11900
Emico Holdings Bhd is a Malaysian company that manufactures trophies and souvenirs, contract manufacturing, trading of home furnishing and household products and property development. It has three operating segments that are consumable products, property development and investment holding. Business manufacturing facilities are in Bayan Lepas Industrial Area, Penang. The property development projects are located in Sungai Petani and Langkawi, Kedah. It has business operations across Europe, Malaysia, and other countries. The company generates the majority of its revenue from the consumable products segment, which is engaged in the Manufacturing and trading of consumable products. Geographically the company generates the majority of its revenue from Europe.
48GF Score

Get the complete analysis for XKLS:9091

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