RECT (Rectitude Holdings) Net-Net Working Capital: $0.06 (As of Mar. 2026)

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RECT Rectitude Holdings Ltd RECT
21 GF Score
Price $1.29
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What is Rectitude Holdings Net-Net Working Capital?

Rectitude Holdings RECT -5.51% 21 Net-Net Working Capital is $0.06 as of Mar. 2026. GuruFocus rates RECT with a GF Score™ of 21/100. Among 326 Retail - Cyclical companies, Rectitude Holdings ranks worse than 80.67% 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.

Rectitude Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.06.

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

RECT's Price-to-Net-Net-Working-Capital is ranked worse than
80.67% of 326 companies
in the Retail - Cyclical industry
Industry Median: 6.465 vs RECT: 21.42

Rectitude Holdings  (NAS:RECT) 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.


Rectitude Holdings Net-Net Working Capital Related Terms


Rectitude Holdings Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Rectitude Holdings'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.

Rectitude Holdings Net-Net Working Capital Chart

Rectitude Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
-0.24 -0.20 -0.23 0.01 0.06

Rectitude Holdings Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -0.23 -0.13 0.01 -0.09 0.06

RECT vs TLF, AETN, BWTL: Net-Net Working Capital Comparison

For the Specialty Retail subindustry, Rectitude 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.


Rectitude Holdings Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rectitude Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


RECT
21GF Score
Rectitude Holdings Ltd RECT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Rectitude Holdings Net-Net Working Capital Calculation

Rectitude Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.732+0.75 * 12.117+0.5 * 6.34-16.08
-0-0)/14.500
=0.06

Rectitude Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.732+0.75 * 12.117+0.5 * 6.34-16.08
-0-0)/14.500
=0.06

* 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 $0.06 mean?
Rectitude Holdings (RECT) has a Net-Net Working Capital of $0.06 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 Rectitude Holdings According to the industry distribution chart, Rectitude Holdings ranks #263 out of 326 companies in the Retail - Cyclical industry, placing it in the top 80.7%.
Is Rectitude Holdings' Net-Net Working Capital too high?
Rectitude Holdings' current Net-Net Working Capital is $0.06. The Retail - Cyclical industry median Net-Net Working Capital is 6.47. Rectitude Holdings' value of $0.06 is 99.1% below this industry median. Based on the distribution chart, Rectitude Holdings ranks #263 out of 326 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Rectitude Holdings has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Rectitude Holdings' Net-Net Working Capital compare to TLF and AETN?
According to the Retail - Cyclical industry distribution chart, Rectitude Holdings ranks #263 out of 326 companies for Net-Net Working Capital. This places Rectitude Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 6.47. Rectitude Holdings' value of $0.06 is 99.1% below 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 a Retail - Cyclical company?
The median Net-Net Working Capital among Retail - Cyclical companies is 6.47, based on 326 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. Rectitude Holdings's current Net-Net Working Capital of $0.06 is 99.1% below 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 Rectitude Holdings For the Retail - Cyclical industry, the median Net-Net Working Capital is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rectitude Holdings's current Net-Net Working Capital is $0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rectitude Holdings stock overvalued right now?
Rectitude Holdings (RECT) has a current Net-Net Working Capital of $0.06. The current Net-Net Working Capital is $0.06 and 99.1% below the Retail - Cyclical industry median of 6.47. Rectitude Holdings' overall GF Score™ is 21/100. 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 Rectitude Holdings (RECT), the current Net-Net Working Capital is $0.06 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.

Rectitude Holdings Business Description

Address No. 35 Tampines Industrial Avenue 5, T5 Tampines, Singapore, SGP, 528627
Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), portable fire extinguishers and traffic products such as rubber speed humps, wheel stops and wheel chocks. Additionally the company has added auxiliary products such as industrial hardware tools and electrical hardware required for construction sites.
21GF 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.

$1.29
Price