Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
New Plus Knitting PCLBKK:NPK 73 Net-Net Working Capital is ฿9.10 as of Jun. 2026. GuruFocus rates BKK:NPK with a GF Score™ of 73/100 and a GF Value™ of ฿12.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 370 Manufacturing - Apparel & Accessories companies, New Plus Knitting PCL ranks better than 86.22% 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.
New Plus Knitting PCL's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ฿9.10.
The industry rank for New Plus Knitting PCL's Net-Net Working Capital or its related term are showing as below:
BKK:NPK's Price-to-Net-Net-Working-Capital is ranked better than 86.22% of 370
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.78
vs BKK:NPK: 1.42
New Plus Knitting PCL (BKK:NPK) 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.
New Plus Knitting PCL Net-Net Working Capital Related Terms
New Plus Knitting PCL Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for New Plus Knitting 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.
New Plus Knitting PCL Net-Net Working Capital Chart
BKK:NPK vs RL, LEVI, VFC: Net-Net Working Capital Comparison
For the Apparel Manufacturing subindustry, New Plus Knitting 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.
New Plus Knitting PCL Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, New Plus Knitting PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where New Plus Knitting 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 ฿9.10 mean?
New Plus Knitting PCL (BKK:NPK) has a Net-Net Working Capital of ฿9.10 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 New Plus Knitting PCL According to the industry distribution chart, New Plus Knitting PCL ranks #51 out of 370 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.8%.
Is New Plus Knitting PCL's Net-Net Working Capital too high?
New Plus Knitting PCL's current Net-Net Working Capital is ฿9.10. Based on the distribution chart, New Plus Knitting PCL ranks #51 out of 370 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, New Plus Knitting PCL has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Plus Knitting PCL's Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, New Plus Knitting PCL ranks #51 out of 370 companies for Net-Net Working Capital. This places New Plus Knitting PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.78. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.78, based on 370 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 New Plus Knitting PCL For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Plus Knitting PCL's current Net-Net Working Capital is ฿9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Plus Knitting PCL stock overvalued right now?
Based on GuruFocus' analysis, New Plus Knitting PCL (BKK:NPK) is currently considered Fairly Valued. The stock's GF Value™ is ฿12.59, compared to a current price of ฿12.90 — trading 2.5% above its estimated fair value. The current Net-Net Working Capital is ฿9.10. New Plus Knitting PCL's overall GF Score™ is 73/100 with 5 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 New Plus Knitting PCL (BKK:NPK), the current Net-Net Working Capital is ฿9.10 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.
Is New Plus Knitting PCL (BKK:NPK) Overvalued in 2026?
Based on GuruFocus' analysis, New Plus Knitting PCL stock appears to be overvalued.
The current stock price of ฿12.90 is trading 2.5% above its estimated GF Value™ of ฿12.59.
GuruFocus considers New Plus Knitting PCL to be Fairly Valued.
Key valuation signals for BKK:NPK:
Net-Net Working Capital: ฿9.10
GF Value™: ฿12.59 vs. price of ฿12.90 (2.5% above fair value)
No single metric tells the full story. See the BKK:NPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Plus Knitting PCL is engaged in the business of producing and distributing women's stockings, socks, and women's underwear and other products related to such products. The products are sold both domestically and internationally. The majority of the company's revenue is derived from the sale of Hosiery and socks.
73GF Score
Get the complete analysis for BKK:NPK
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:NPK has been successfully added to your 
