Bertam Alliance Bhd (XKLS:9814) Scaled Net Operating Assets: 0.84 (As of Mar. 2026)


XKLS:9814 Bertam Alliance Bhd XKLS:9814
52 GF Score
Price RM0.13
GF Value RM0.08
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Bertam Alliance Bhd Scaled Net Operating Assets?

Bertam Alliance Bhd XKLS:9814 52 Scaled Net Operating Assets is 0.84 as of Mar. 2026. GuruFocus rates XKLS:9814 with a GF Score™ of 52/100 and a GF Value™ of RM0.08 (Significantly Overvalued). 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.

Bertam Alliance Bhd's operating assets for the quarter that ended in Mar. 2026 was RM175.99 Mil. Bertam Alliance Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM24.41 Mil. Bertam Alliance Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM179.89 Mil. Therefore, Bertam Alliance Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.84.


Bertam Alliance Bhd Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bertam Alliance 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.

Bertam Alliance Bhd Scaled Net Operating Assets Chart

Bertam Alliance 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 0.76 0.88 0.86 0.91 0.84

Bertam Alliance 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 0.83 0.82 0.83 0.83 0.84

XKLS:9814 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Bertam Alliance 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.


Bertam Alliance Bhd Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Bertam Alliance Bhd's Scaled Net Operating Assets distribution charts can be found below:

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


XKLS:9814
52GF Score
Bertam Alliance Bhd XKLS:9814
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bertam Alliance 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.

Bertam Alliance 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 )
=(168.354-18.021)/179.693
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=179.891 - 11.537
=168.354

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.544 - 0 - 9.523
=18.021

Bertam Alliance 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 )
=(175.992-24.407)/179.891
=0.84

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=186.632 - 10.64
=175.992

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33.952 - 0 - 9.545
=24.407

* 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 0.84 mean?
Bertam Alliance Bhd (XKLS:9814) has a Scaled Net Operating Assets of 0.84 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 Bertam Alliance Bhd and its competitors.
Is Bertam Alliance Bhd's Scaled Net Operating Assets too high?
Bertam Alliance Bhd's current Scaled Net Operating Assets is 0.84. Overall, Bertam Alliance Bhd has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bertam Alliance Bhd's Scaled Net Operating Assets compare to CBRE and BEKE?
Bertam Alliance Bhd's Scaled Net Operating Assets of 0.84 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Bertam Alliance Bhd and its competitors. Bertam Alliance Bhd's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bertam Alliance Bhd stock overvalued right now?
Based on GuruFocus' analysis, Bertam Alliance Bhd (XKLS:9814) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.13 — trading 62.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.84. Bertam Alliance Bhd's overall GF Score™ is 52/100 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 Bertam Alliance Bhd (XKLS:9814), the current Scaled Net Operating Assets is 0.84 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 Bertam Alliance Bhd (XKLS:9814) Overvalued in 2026?

Based on GuruFocus' analysis, Bertam Alliance Bhd stock appears to be overvalued. The current stock price of RM0.13 is trading 62.5% above its estimated GF Value™ of RM0.08. GuruFocus considers Bertam Alliance Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:9814:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: RM0.08 vs. price of RM0.13 (62.5% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the XKLS:9814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bertam Alliance Bhd Business Description

Address No.1 Medan Syed Putra Utara, B-21-1, Level 21, Tower B, Northpoint Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Bertam Alliance Bhd is principally involved in property development and the provision of construction management services. The Group operates through three segments namely Property development, Construction and trading of building materials, and Corporate and others. The Property development segment is engaged in developing properties for sale and/or holding properties for own investment purpose. The Construction and trading of building materials segment, which generates maximum revenue, is engaged in performing general construction works and the supply of building materials. The Corporate and others segment includes holding of investments and provision of management services to its subsidiaries. The Group mainly operates in Malaysia.
52GF Score

Get the complete analysis for XKLS:9814

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

RM0.13
Price
RM0.08
GF Value