WSOL PCL (BKK:WSOL) Net-Net Working Capital: ฿-2.43 (As of Dec. 2025)

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What is WSOL PCL Net-Net Working Capital?

WSOL PCL BKK:WSOL Net-Net Working Capital is ฿-2.43 as of Dec. 2025. The stock has 5 warning signs investors should review. Among 1,360 Industrial Products companies, WSOL PCL ranks worse than 73529.34% 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.

WSOL PCL's Net-Net Working Capital for the quarter that ended in Dec. 2025 was ฿-2.43.

The industry rank for WSOL PCL's Net-Net Working Capital or its related term are showing as below:

BKK:WSOL's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7.945
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

WSOL PCL  (BKK:WSOL) 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.


WSOL PCL Net-Net Working Capital Related Terms


WSOL PCL Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for WSOL 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.

WSOL PCL Net-Net Working Capital Chart

WSOL PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -2.23 -4.94 -6.21 -2.84 -2.43

WSOL PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net-Net Working Capital 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 -2.84 -2.63 -2.52 -2.37 -2.43

WSOL PCL Net-Net Working Capital Competitor Comparison

For the Business Equipment & Supplies subindustry, WSOL 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.


WSOL PCL Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, WSOL PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where WSOL PCL's Price-to-Net-Net-Working-Capital falls into.



WSOL PCL Net-Net Working Capital Calculation

WSOL PCL's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(336.871+0.75 * 313.565+0.5 * 137.13-6133.309
-0-409.45)/2431.768
=-2.43

WSOL PCL's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(336.871+0.75 * 313.565+0.5 * 137.13-6133.309
-0-409.45)/2431.768
=-2.43

* 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 ฿-2.43 mean?
WSOL PCL (BKK:WSOL) has a Net-Net Working Capital of ฿-2.43 as of Dec. 2025. 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 WSOL PCL According to the industry distribution chart, WSOL PCL ranks #999999 out of 1360 companies in the Industrial Products industry.
Is WSOL PCL's Net-Net Working Capital too high?
WSOL PCL's current Net-Net Working Capital is ฿-2.43. Based on the distribution chart, WSOL PCL ranks #999999 out of 1360 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does WSOL PCL's Net-Net Working Capital compare to competitors?
According to the Industrial Products industry distribution chart, WSOL PCL ranks #999999 out of 1360 companies for Net-Net Working Capital. This places WSOL PCL in the lower half of its industry. The industry median Net-Net Working Capital is 7.95. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 7.95, based on 1,360 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 WSOL PCL For the Industrial Products industry, the median Net-Net Working Capital is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WSOL PCL's current Net-Net Working Capital is ฿-2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WSOL PCL stock overvalued right now?
Based on GuruFocus' analysis, WSOL PCL (BKK:WSOL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.19, compared to a current price of ฿0.03 — trading 84.2% below its estimated fair value. The current Net-Net Working Capital is ฿-2.43. 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 WSOL PCL (BKK:WSOL), the current Net-Net Working Capital is ฿-2.43 as of Dec. 2025. 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.

WSOL PCL Business Description

Address 230 Bang Khun Tian-Chai Talay Road, Samae Dam Sub District, Bang Khun Tian District, Bangkok, THA, 10150
WSOL PCL provides financial solutions, consumer solutions and business solutions to its customers. The Company provides prepaid mobile top-up and electronic receipt services, while its subsidiaries offer vending-based food and beverages, food court management, financial and loan brokerage services, plastic card manufacturing, franchising for transportation and postal services, automated call forwarding system development, contact center services, locker rentals, sales and advertising space leasing, and parking system services. Geographically it operates in Thailand.