LNKS (Linkers Industries) Net-Net Working Capital: $24.04 (As of Dec. 2025)

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LNKS Linkers Industries Ltd LNKS
14 GF Score
Price $1.07
! 2 Warning Signs
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What is Linkers Industries Net-Net Working Capital?

Linkers Industries LNKS -6.14% 14 Net-Net Working Capital is $24.04 as of Dec. 2025. GuruFocus rates LNKS with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 1,355 Industrial Products companies, Linkers Industries ranks better than 99.85% 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.

Linkers Industries's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $24.04.

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

LNKS's Price-to-Net-Net-Working-Capital is ranked better than
99.85% of 1355 companies
in the Industrial Products industry
Industry Median: 8.58 vs LNKS: 0.04

Linkers Industries  (NAS:LNKS) 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.


Linkers Industries Net-Net Working Capital Related Terms


Linkers Industries Net-Net Working Capital Historical Data

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The historical data trend for Linkers Industries'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.

Linkers Industries Net-Net Working Capital Chart

Linkers Industries Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
3.13 8.81 -11.96 60.62

Linkers Industries Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial 1.50 -11.96 103.35 60.62 24.04

LNKS vs KRFG, ADNH, ELPW: Net-Net Working Capital Comparison

For the Electrical Equipment & Parts subindustry, Linkers Industries'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.


Linkers Industries Price-to-Net-Net-Working-Capital vs Industrial Products Industry

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

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


LNKS
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Linkers Industries Ltd LNKS
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Linkers Industries Net-Net Working Capital Calculation

Linkers Industries's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.496+0.75 * 1.447+0.5 * 2.174-2.395
-0-0)/0.054
=60.62

Linkers Industries'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)
=(1.138+0.75 * 1.489+0.5 * 2.185-2.049
-0-0)/0.054
=24.04

* 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 $24.04 mean?
Linkers Industries (LNKS) has a Net-Net Working Capital of $24.04 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 Linkers Industries According to the industry distribution chart, Linkers Industries ranks #2 out of 1355 companies in the Industrial Products industry, placing it in the top 0.099999999999994%.
Is Linkers Industries' Net-Net Working Capital too high?
Linkers Industries' current Net-Net Working Capital is $24.04. The Industrial Products industry median Net-Net Working Capital is 8.58. Linkers Industries' value of $24.04 is 180.2% above this industry median. Based on the distribution chart, Linkers Industries ranks #2 out of 1355 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Linkers Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Linkers Industries' Net-Net Working Capital compare to KRFG and ADNH?
According to the Industrial Products industry distribution chart, Linkers Industries ranks #2 out of 1355 companies for Net-Net Working Capital. This places Linkers Industries in the top 0% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 8.58. Linkers Industries' value of $24.04 is 180.2% above this benchmark. 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 8.58, based on 1,355 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. Linkers Industries's current Net-Net Working Capital of $24.04 is 180.2% above the industry median. 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 Linkers Industries For the Industrial Products industry, the median Net-Net Working Capital is 8.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linkers Industries's current Net-Net Working Capital is $24.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkers Industries stock overvalued right now?
Linkers Industries (LNKS) has a current Net-Net Working Capital of $24.04. The current Net-Net Working Capital is $24.04 and 180.2% above the Industrial Products industry median of 8.58. Linkers Industries' overall GF Score™ is 14/100 with 2 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 Linkers Industries (LNKS), the current Net-Net Working Capital is $24.04 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.

Linkers Industries Business Description

Address Jalan 2A-3, Jalan 2A, Lot A99, A101 and A102, Kawasan Perusahaan MIEL, Sungai Lalang, Sungai Petani, KDH, MYS, 08000
Linkers Industries Ltd is a company that acts as both a manufacturer and supplier of wire and cable harnesses (an assembly of wires/cables bound together with straps, cable ties, and electrical tape to transmit signals or electrical power), with its manufacturing operations based in Malaysia. Its customers are mainly manufacturers and original equipment manufacturers (OEMs) in the home appliances, industrial products, and automotive industries that are mainly based in the Asia Pacific Region. The company works closely with customers in each stage of a product's life cycle, including design, prototyping, and production. Geographically, it generates maximum revenue from Thailand, followed by Malaysia, Switzerland, the United States of America, and other regions.
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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