PSIG (PS International Group) Net-Net Working Capital: $-1.93 (As of Dec. 2025)

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PSIG PS International Group Ltd PSIG
23 GF Score
Price $2.78
! 6 Warning Signs
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What is PS International Group Net-Net Working Capital?

PS International Group PSIG +26.24% 23 Net-Net Working Capital is $-1.93 as of Dec. 2025. GuruFocus rates PSIG with a GF Score™ of 23/100. The stock has 6 warning signs investors should review. Among 223 Transportation companies, PS International Group ranks worse than 448430.04% 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.

PS International Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-1.93.

The industry rank for PS International Group's Net-Net Working Capital or its related term are showing as below:

PSIG's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 6.4
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PS International Group  (NAS:PSIG) 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.


PS International Group Net-Net Working Capital Related Terms


PS International Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for PS International Group'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.

PS International Group Net-Net Working Capital Chart

PS International Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -0.79 0.57 1.12 1.19 -1.93

PS International Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.12 1.28 1.19 1.96 -1.93

PSIG vs CJMB, LSH, BTOC: Net-Net Working Capital Comparison

For the Integrated Freight & Logistics subindustry, PS International Group'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.


PS International Group Price-to-Net-Net-Working-Capital vs Transportation Industry

For the Transportation industry and Industrials sector, PS International Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PS International Group's Price-to-Net-Net-Working-Capital falls into.


PSIG
23GF Score
PS International Group Ltd PSIG
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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PS International Group Net-Net Working Capital Calculation

PS International Group'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)
=(13.921+0.75 * 10.333+0.5 * 0-38.166
-0-0.125)/8.623
=-1.93

PS International Group'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)
=(13.921+0.75 * 10.333+0.5 * 0-38.166
-0-0.125)/8.623
=-1.93

* 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 $-1.93 mean?
PS International Group (PSIG) has a Net-Net Working Capital of $-1.93 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 PS International Group According to the industry distribution chart, PS International Group ranks #999999 out of 223 companies in the Transportation industry.
Is PS International Group's Net-Net Working Capital too high?
PS International Group's current Net-Net Working Capital is $-1.93. Based on the distribution chart, PS International Group ranks #999999 out of 223 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PS International Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does PS International Group's Net-Net Working Capital compare to CJMB and LSH?
According to the Transportation industry distribution chart, PS International Group ranks #999999 out of 223 companies for Net-Net Working Capital. This places PS International Group in the lower half of its industry. The industry median Net-Net Working Capital is 6.40. 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 Transportation company?
The median Net-Net Working Capital among Transportation companies is 6.40, based on 223 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 PS International Group For the Transportation industry, the median Net-Net Working Capital is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PS International Group's current Net-Net Working Capital is $-1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PS International Group stock overvalued right now?
PS International Group (PSIG) has a current Net-Net Working Capital of $-1.93. The current Net-Net Working Capital is $-1.93. PS International Group's overall GF Score™ is 23/100 with 6 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 PS International Group (PSIG), the current Net-Net Working Capital is $-1.93 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.

PS International Group Business Description

Address First Group Centre, 23 Wang Chiu Road, Units 1703, 17th Floor, Kowloon Bay, Hong Kong, HKG
PS International Group Ltd is a freight forwarding service provider in Hong Kong with networks across the globe. It provides air and ocean export and import freight forwarding services with optional ancillary logistics-related services such as cargo pick up, cargo handling at ports, and local transportation and warehousing-related services such as repackaging, labeling, palletization, preparation of shipping documentation, arrangement of customs clearance, and warehousing to meet the requirements of customers. The company has one operating segment, which is the freight forwarding services, which includes Air Freight services, and Ocean Freight; and Ancillary logistic services. It generates the majority of its revenue from Air freight services.
23GF Score

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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.78
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