SEGSF (SIA Engineering Co) Net-Net Working Capital: $0.10 (As of Mar. 2026)

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SEGSF SIA Engineering Co Ltd SEGSF
90 GF Score
Price $2.69
GF Value $2.73
Valuation Fairly Valued
! 4 Warning Signs
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What is SIA Engineering Co Net-Net Working Capital?

SIA Engineering Co SEGSF 90 Net-Net Working Capital is $0.10 as of Mar. 2026. GuruFocus rates SEGSF with a GF Score™ of 90/100 and a GF Value™ of $2.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 218 Transportation companies, SIA Engineering Co ranks worse than 86.24% 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.

SIA Engineering Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.10.

The industry rank for SIA Engineering Co's Net-Net Working Capital or its related term are showing as below:

SEGSF's Price-to-Net-Net-Working-Capital is ranked worse than
86.24% of 218 companies
in the Transportation industry
Industry Median: 6.235 vs SEGSF: 26.94

SIA Engineering Co  (OTCPK:SEGSF) 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.


SIA Engineering Co Net-Net Working Capital Related Terms


SIA Engineering Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for SIA Engineering Co'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.

SIA Engineering Co Net-Net Working Capital Chart

SIA Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.24 0.22 0.21 0.10

SIA Engineering Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.14 0.21 0.16 0.10

SEGSF vs JOBY, CAAP: Net-Net Working Capital Comparison

For the Airports & Air Services subindustry, SIA Engineering Co'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.


SIA Engineering Co Price-to-Net-Net-Working-Capital vs Transportation Industry

For the Transportation industry and Industrials sector, SIA Engineering Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where SIA Engineering Co's Price-to-Net-Net-Working-Capital falls into.


SEGSF
90GF Score
SIA Engineering Co Ltd SEGSF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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SIA Engineering Co Net-Net Working Capital Calculation

SIA Engineering Co'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)
=(441.36+0.75 * 58.414+0.5 * 54.021-385.184
-0-17.577)/1119.038
=0.10

SIA Engineering Co'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)
=(441.36+0.75 * 58.414+0.5 * 54.021-385.184
-0-17.577)/1119.038
=0.10

* 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 $0.10 mean?
SIA Engineering Co (SEGSF) has a Net-Net Working Capital of $0.10 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 SIA Engineering Co According to the industry distribution chart, SIA Engineering Co ranks #188 out of 218 companies in the Transportation industry, placing it in the top 86.2%.
Is SIA Engineering Co's Net-Net Working Capital too high?
SIA Engineering Co's current Net-Net Working Capital is $0.10. The Transportation industry median Net-Net Working Capital is 6.24. SIA Engineering Co's value of $0.10 is 98.4% below this industry median. Based on the distribution chart, SIA Engineering Co ranks #188 out of 218 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, SIA Engineering Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SIA Engineering Co's Net-Net Working Capital compare to JOBY and CAAP?
According to the Transportation industry distribution chart, SIA Engineering Co ranks #188 out of 218 companies for Net-Net Working Capital. This places SIA Engineering Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.24. SIA Engineering Co's value of $0.10 is 98.4% 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 Transportation company?
The median Net-Net Working Capital among Transportation companies is 6.24, based on 218 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. SIA Engineering Co's current Net-Net Working Capital of $0.10 is 98.4% 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 SIA Engineering Co For the Transportation industry, the median Net-Net Working Capital is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIA Engineering Co's current Net-Net Working Capital is $0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIA Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, SIA Engineering Co (SEGSF) is currently considered Fairly Valued. The stock's GF Value™ is $2.73, compared to a current price of $2.69 — trading 1.3% below its estimated fair value. The current Net-Net Working Capital is $0.10 and 98.4% below the Transportation industry median of 6.24. SIA Engineering Co's overall GF Score™ is 90/100 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 SIA Engineering Co (SEGSF), the current Net-Net Working Capital is $0.10 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.

Is SIA Engineering Co (SEGSF) Overvalued in 2026?

Based on GuruFocus' analysis, SIA Engineering Co stock appears to be undervalued. The current stock price of $2.69 is trading 1.3% below its estimated GF Value™ of $2.73. GuruFocus considers SIA Engineering Co to be Fairly Valued.

Key valuation signals for SEGSF:

  • Net-Net Working Capital: $0.10
  • GF Value™: $2.73 vs. price of $2.69 (1.3% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 98.4% below the Transportation median (#188 of 218)

No single metric tells the full story. See the SEGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SIA Engineering Co Business Description

Other Exchanges S59:SingaporeO3H:Germany
Address 31 Airline Road, Singapore, SGP, 819831
SIA Engineering Co Ltd is engaged in providing airline services. The activities of the company include provision of airframe maintenance, component overhaul services and inventory technical management, the provision of line maintenance and technical ground handling services and investment holdings. The company is organized into two segments: airframe/line maintenance and engine/component. The airframe and line maintenance segment provides airframe maintenance, line maintenance, and inventory technical management; and The engine and component segment provides component overhaul and engine repair and overhaul services. Geographically, the company derives its maximum revenue from East Asia region followed by Europe, West Asia and Africa, Americas, and South West Pacific.
90GF Score

Get the complete analysis for SEGSF

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

$2.69
Price
$2.73
GF Value