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Boustead SingaporeBSTGF 58 Net-Net Working Capital is $-0.03 as of Mar. 2026. GuruFocus rates BSTGF with a GF Score™ of 58/100. The stock has 4 warning signs investors should review. Among 114 Conglomerates companies, Boustead Singapore ranks worse than 877192.11% 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.
Boustead Singapore's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.03.
The industry rank for Boustead Singapore's Net-Net Working Capital or its related term are showing as below:
BSTGF's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 6.015 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Boustead Singapore (OTCPK:BSTGF) 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.
Boustead Singapore Net-Net Working Capital Related Terms
Boustead Singapore Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Boustead Singapore'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.
BSTGF vs HON, MMM: Net-Net Working Capital Comparison
For the Conglomerates subindustry, Boustead Singapore'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.
Boustead Singapore Price-to-Net-Net-Working-Capital vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Boustead Singapore's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Boustead Singapore'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 $-0.03 mean?
Boustead Singapore (BSTGF) has a Net-Net Working Capital of $-0.03 as of Mar. 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 Boustead Singapore According to the industry distribution chart, Boustead Singapore ranks #999999 out of 114 companies in the Conglomerates industry.
Is Boustead Singapore's Net-Net Working Capital too high?
Boustead Singapore's current Net-Net Working Capital is $-0.03. Based on the distribution chart, Boustead Singapore ranks #999999 out of 114 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Boustead Singapore has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Boustead Singapore's Net-Net Working Capital compare to HON and MMM?
According to the Conglomerates industry distribution chart, Boustead Singapore ranks #999999 out of 114 companies for Net-Net Working Capital. This places Boustead Singapore in the lower half of its industry. The industry median Net-Net Working Capital is 6.02. 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 Conglomerates company?
The median Net-Net Working Capital among Conglomerates companies is 6.02, based on 114 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 Boustead Singapore For the Conglomerates industry, the median Net-Net Working Capital is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Singapore's current Net-Net Working Capital is $-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Singapore stock overvalued right now?
Boustead Singapore (BSTGF) has a current Net-Net Working Capital of $-0.03. The current Net-Net Working Capital is $-0.03. Boustead Singapore's overall GF Score™ is 58/100 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 Boustead Singapore (BSTGF), the current Net-Net Working Capital is $-0.03 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.
Boustead Singapore Ltd is an investment holding company that engages in infrastructure-related engineering services and geo-spatial solutions. It operates in five segments. The company has five operating segments: Geospatial, Real Estate Solutions, Energy Engineering, Healthcare, and HQ activities. The company generates key revenue from the Geospatial segment, which includes exclusive distribution, professional services, and solutions related to Esri ArcGIS, geographic information system, smart mapping, and location analytics platform, for key markets across Australia and parts of South East Asia.
58GF Score
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