Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
LB Aluminium Bhd's operating assets for the quarter that ended in Apr. 2026 was RM953 Mil. LB Aluminium Bhd's operating liabilities for the quarter that ended in Apr. 2026 was RM293 Mil. LB Aluminium Bhd's Total Assets for the quarter that ended in Jan. 2026 was RM1,085 Mil. Therefore, LB Aluminium Bhd's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.61.
LB Aluminium Bhd Scaled Net Operating Assets Related Terms
LB Aluminium Bhd Scaled Net Operating Assets Historical Data
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The historical data trend for LB Aluminium 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.
LB Aluminium Bhd Scaled Net Operating Assets Chart
XKLS:9326 vs AA, CENX, CSTM: Scaled Net Operating Assets Comparison
For the Aluminum subindustry, LB Aluminium 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.
LB Aluminium Bhd Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, LB Aluminium Bhd's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where LB Aluminium Bhd's Scaled Net Operating Assets falls into.
* 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 0.61 mean?
LB Aluminium Bhd (XKLS:9326) has a Scaled Net Operating Assets of 0.61 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on LB Aluminium Bhd and its competitors.
Is LB Aluminium Bhd's Scaled Net Operating Assets too high?
LB Aluminium Bhd's current Scaled Net Operating Assets is 0.61. Overall, LB Aluminium Bhd has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LB Aluminium Bhd's Scaled Net Operating Assets compare to AA and CENX?
LB Aluminium Bhd's Scaled Net Operating Assets of 0.61 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 LB Aluminium Bhd and its competitors. LB Aluminium Bhd's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LB Aluminium Bhd stock overvalued right now?
Based on GuruFocus' analysis, LB Aluminium Bhd (XKLS:9326) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.46 — trading 9.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.61. LB Aluminium Bhd's overall GF Score™ is 69/100 with 2 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 LB Aluminium Bhd (XKLS:9326), the current Scaled Net Operating Assets is 0.61 as of Apr. 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 LB Aluminium Bhd (XKLS:9326) Overvalued in 2026?
Based on GuruFocus' analysis, LB Aluminium Bhd stock appears to be undervalued.
The current stock price of RM0.46 is trading 9.8% below its estimated GF Value™ of RM0.51.
GuruFocus considers LB Aluminium Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:9326:
Scaled Net Operating Assets: 0.61
GF Value™: RM0.51 vs. price of RM0.46 (9.8% below fair value)
No single metric tells the full story. See the XKLS:9326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LB Aluminium Bhd is engaged in the business of manufacturing, marketing, and trading aluminium extrusions. The company reports in two segments: aluminium and property development. Their product acts as a raw material for transport, construction, consumer goods, packaging, as well as electrical engineering due to its lightweight, excellent conductor of electricity, and durability in nature. Some of its products and services include aluminium extrusion, aluminium sheets/coils, fittings and accessories, extrusion presses, and anodising. Its geographical segments include Malaysia, Singapore, North America, and Others.
69GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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