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Asian Palm Oil PCLBKK:APO -0.56%17 Net-Net Working Capital is ฿0.18 as of Jun. 2026. GuruFocus rates BKK:APO with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 648 Consumer Packaged Goods companies, Asian Palm Oil PCL ranks worse than 62.04% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Asian Palm Oil PCL's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ฿0.18.
The industry rank for Asian Palm Oil PCL's Net-Net Working Capital or its related term are showing as below:
BKK:APO's Price-to-Net-Net-Working-Capital is ranked worse than 62.04% of 648
companies
in the Consumer Packaged Goods industry
Industry Median: 6.73
vs BKK:APO: 9.83
Asian Palm Oil PCL (BKK:APO) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Asian Palm Oil PCL Net-Net Working Capital Related Terms
Asian Palm Oil PCL Net-Net Working Capital Historical Data
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The historical data trend for Asian Palm Oil PCL's Net-Net Working Capital 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.
BKK:APO vs KHC, GIS: Net-Net Working Capital Comparison
For the Packaged Foods subindustry, Asian Palm Oil PCL's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.
Asian Palm Oil PCL Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Palm Oil PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Asian Palm Oil PCL's Price-to-Net-Net-Working-Capital 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of ฿0.18 mean?
Asian Palm Oil PCL (BKK:APO) has a Net-Net Working Capital of ฿0.18 as of Jun. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Asian Palm Oil PCL According to the industry distribution chart, Asian Palm Oil PCL ranks #402 out of 648 companies in the Consumer Packaged Goods industry, placing it in the top 62%.
Is Asian Palm Oil PCL's Net-Net Working Capital too high?
Asian Palm Oil PCL's current Net-Net Working Capital is ฿0.18. Based on the distribution chart, Asian Palm Oil PCL ranks #402 out of 648 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Asian Palm Oil PCL has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Asian Palm Oil PCL's Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Asian Palm Oil PCL ranks #402 out of 648 companies for Net-Net Working Capital. This places Asian Palm Oil PCL in the lower half of its industry. The industry median Net-Net Working Capital is 6.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.73, based on 648 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Asian Palm Oil PCL For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Palm Oil PCL's current Net-Net Working Capital is ฿0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Palm Oil PCL stock overvalued right now?
Asian Palm Oil PCL (BKK:APO) has a current Net-Net Working Capital of ฿0.18. The current Net-Net Working Capital is ฿0.18. Asian Palm Oil PCL's overall GF Score™ is 17/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Asian Palm Oil PCL (BKK:APO), the current Net-Net Working Capital is ฿0.18 as of Jun. 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.
Asian Palm Oil PCL is engaged in the business of manufacturing and selling palm oil, dried palm kernel, and electricity. Geographically, the company operates only in Thailand.
17GF Score
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