WCT Holdings Bhd (XKLS:9679) Scaled Net Operating Assets: 0.76 (As of Mar. 2026)


XKLS:9679 WCT Holdings Bhd XKLS:9679
40 GF Score
Price RM0.42
GF Value RM0.59
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is WCT Holdings Bhd Scaled Net Operating Assets?

WCT Holdings Bhd XKLS:9679 -1.18% 40 Scaled Net Operating Assets is 0.76 as of Mar. 2026. GuruFocus rates XKLS:9679 with a GF Score™ of 40/100 and a GF Value™ of RM0.59 (Modestly Undervalued). 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.

WCT Holdings Bhd's operating assets for the quarter that ended in Mar. 2026 was RM7,221 Mil. WCT Holdings Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM1,313 Mil. WCT Holdings Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM7,819 Mil. Therefore, WCT Holdings Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.

WCT Holdings Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for WCT 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.

WCT Holdings Bhd Scaled Net Operating Assets Chart

WCT Holdings 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 0.78 0.83 0.81 0.83 0.66

WCT 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 0.63 0.72 0.77 0.76

XKLS:9679 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, WCT 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.

WCT Holdings Bhd Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, WCT Holdings Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:9679
40GF Score
WCT Holdings Bhd XKLS:9679
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WCT 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.

WCT Holdings 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 )
=(7373.592-1336.692)/9107.369
=0.66

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7818.64 - 445.048
=7373.592

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3986.021 - 1123.454 - 1525.875
=1336.692

WCT 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 )
=(7221.374-1313.215)/7818.64
=0.76

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7710.093 - 488.719
=7221.374

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3875.834 - 1166.385 - 1396.234
=1313.215

* 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 0.76 mean?
WCT Holdings Bhd (XKLS:9679) has a Scaled Net Operating Assets of 0.76 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 WCT Holdings Bhd and its competitors.
Is WCT Holdings Bhd's Scaled Net Operating Assets too high?
WCT Holdings Bhd's current Scaled Net Operating Assets is 0.76. Overall, WCT Holdings Bhd has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WCT Holdings Bhd's Scaled Net Operating Assets compare to PWR and FIX?
WCT Holdings Bhd's Scaled Net Operating Assets of 0.76 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 WCT Holdings Bhd and its competitors. WCT Holdings Bhd's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WCT Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, WCT Holdings Bhd (XKLS:9679) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.59, compared to a current price of RM0.42 — trading 28.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.76. WCT Holdings Bhd's overall GF Score™ is 40/100 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 WCT Holdings Bhd (XKLS:9679), the current Scaled Net Operating Assets is 0.76 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 WCT Holdings Bhd (XKLS:9679) Overvalued in 2026?

Based on GuruFocus' analysis, WCT Holdings Bhd stock appears to be undervalued. The current stock price of RM0.42 is trading 28.8% below its estimated GF Value™ of RM0.59. GuruFocus considers WCT Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9679:

  • Scaled Net Operating Assets: 0.76
  • GF Value™: RM0.59 vs. price of RM0.42 (28.8% below fair value)
  • GF Score™: 40/100 with 6 warning signs

No single metric tells the full story. See the XKLS:9679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

WCT Holdings Bhd Business Description

Address No. 1, Jalan SS7/26A, B-30-01, The Ascent, Paradigm, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
WCT Holdings Bhd is an investment holding company that provides management services to subsidiaries, joint ventures, and associates. Along with its subsidiaries, the company operates in three business segments; the Engineering and Construction segment includes engineering works specializing in earthworks, highway construction, and related infrastructure works; the Property Development segment includes the development of residential and commercial properties; and the Property Investment and Management segment includes holding and management of assets for capital appreciation and rental income. Maximum revenue is generated from the Engineering and Construction segment. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East, India, and other regions.
40GF Score

Get the complete analysis for XKLS:9679

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

RM0.42
Price
RM0.59
GF Value