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QPL International HoldingsFRA:QPLN 38 Net-Net Working Capital is €0.05 as of Oct. 2025. GuruFocus rates FRA:QPLN with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 538 Semiconductors companies, QPL International Holdings ranks better than 98.51% 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.
The industry rank for QPL International Holdings's Net-Net Working Capital or its related term are showing as below:
FRA:QPLN's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 12.115 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
QPL International Holdings (FRA:QPLN) 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.
QPL International Holdings Net-Net Working Capital Related Terms
QPL International Holdings Net-Net Working Capital Historical Data
* 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.
QPL International Holdings Net-Net Working Capital Chart
FRA:QPLN vs NVDA, AVGO, MU: Net-Net Working Capital Comparison
For the Semiconductors subindustry, QPL International Holdings'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.
QPL International Holdings Price-to-Net-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, QPL International Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where QPL International Holdings'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 €0.05 mean?
QPL International Holdings (FRA:QPLN) has a Net-Net Working Capital of €0.05 as of Oct. 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 QPL International Holdings According to the industry distribution chart, QPL International Holdings ranks #8 out of 538 companies in the Semiconductors industry, placing it in the top 1.5%.
Is QPL International Holdings' Net-Net Working Capital too high?
QPL International Holdings' current Net-Net Working Capital is €0.05. Based on the distribution chart, QPL International Holdings ranks #8 out of 538 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, QPL International Holdings has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does QPL International Holdings' Net-Net Working Capital compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, QPL International Holdings ranks #8 out of 538 companies for Net-Net Working Capital. This places QPL International Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 12.12. 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 12.12, based on 538 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 QPL International Holdings For the Semiconductors industry, the median Net-Net Working Capital is 12.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QPL International Holdings's current Net-Net Working Capital is €0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QPL International Holdings stock overvalued right now?
QPL International Holdings (FRA:QPLN) has a current Net-Net Working Capital of €0.05. The current Net-Net Working Capital is €0.05. QPL International Holdings' overall GF Score™ is 38/100 with 3 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 QPL International Holdings (FRA:QPLN), the current Net-Net Working Capital is €0.05 as of Oct. 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.
QPL International Holdings Ltd is engaged in the business of manufacturing and sale of integrated circuit lead frames, heatsinks, stiffners, and related products. The company derives the majority of its revenue from Malaysia, followed by the China. Some of the products of the company are small outline integrated circuit, quad flat package, thin quad flat package, plastic dual into package, plastic leaded chip carrier, and thin small outline package.
38GF Score
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