Fitters Diversified Bhd (XKLS:9318) Scaled Net Operating Assets: 0.39 (As of Feb. 2026)


What is Fitters Diversified Bhd Scaled Net Operating Assets?

Fitters Diversified Bhd XKLS:9318 Scaled Net Operating Assets is 0.39 as of Feb. 2026. 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.

Fitters Diversified Bhd's operating assets for the quarter that ended in Feb. 2026 was RM285.7 Mil. Fitters Diversified Bhd's operating liabilities for the quarter that ended in Feb. 2026 was RM98.1 Mil. Fitters Diversified Bhd's Total Assets for the quarter that ended in Nov. 2025 was RM477.2 Mil. Therefore, Fitters Diversified Bhd's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.39.

Fitters Diversified Bhd Scaled Net Operating Assets Historical Data

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The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Scaled Net Operating Assets Chart

Fitters Diversified Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.79 0.76 0.43 0.53

Fitters Diversified Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 0.51 0.49 0.75 0.39

XKLS:9318 vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Fitters Diversified 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.

Fitters Diversified Bhd Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fitters Diversified Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


Fitters Diversified 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.

Fitters Diversified Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(333.419-64.878)/504.38
=0.53

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=483.414 - 149.995
=333.419

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=91.684 - 1.021 - 25.785
=64.878

Fitters Diversified 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 )
=(285.66-98.073)/477.23
=0.39

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=501.932 - 216.272
=285.66

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=105.658 - 0.555 - 7.03
=98.073

* 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 0.39 mean?
Fitters Diversified Bhd (XKLS:9318) has a Scaled Net Operating Assets of 0.39 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 Fitters Diversified Bhd and its competitors.
Is Fitters Diversified Bhd's Scaled Net Operating Assets too high?
Fitters Diversified Bhd's current Scaled Net Operating Assets is 0.39.
How does Fitters Diversified Bhd's Scaled Net Operating Assets compare to HON and MMM?
Fitters Diversified Bhd's Scaled Net Operating Assets of 0.39 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Fitters Diversified Bhd and its competitors. Fitters Diversified Bhd's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitters Diversified Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fitters Diversified Bhd (XKLS:9318) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.03 — trading 25% above its estimated fair value. The current Scaled Net Operating Assets is 0.39. 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 Fitters Diversified Bhd (XKLS:9318), the current Scaled Net Operating Assets is 0.39 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.

Fitters Diversified Bhd Business Description

Address Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill, and Investment holding. Its geographical segments include Malaysia, the British Virgin Islands, and Singapore, of which a majority of the revenue is generated within Malaysia.