SPSTF (Singapore Post) Net-Net Working Capital: $0.01 (As of Mar. 2026)


SPSTF Singapore Post Ltd SPSTF
42 GF Score
Price $0.25
GF Value $0.20
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Singapore Post Net-Net Working Capital?

Singapore Post SPSTF 42 Net-Net Working Capital is $0.01 as of Mar. 2026. GuruFocus rates SPSTF with a GF Score™ of 42/100 and a GF Value™ of $0.20 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 218 Transportation companies, Singapore Post ranks worse than 89.91% 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.

Singapore Post's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.01.

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

SPSTF's Price-to-Net-Net-Working-Capital is ranked worse than
89.91% of 218 companies
in the Transportation industry
Industry Median: 6.035 vs SPSTF: 25.20

Singapore Post  (OTCPK:SPSTF) 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.


Singapore Post Net-Net Working Capital Related Terms


Singapore Post Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Singapore Post'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.

Singapore Post Net-Net Working Capital Chart

Singapore Post 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 -0.30 -0.26 -0.36 0.01 0.01

Singapore Post 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 -0.36 -0.41 0.01 -0.01 0.01

SPSTF vs UPS, FDX, JBHT: Net-Net Working Capital Comparison

For the Integrated Freight & Logistics subindustry, Singapore Post'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.


Singapore Post Price-to-Net-Net-Working-Capital vs Transportation Industry

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

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


SPSTF
42GF Score
Singapore Post Ltd SPSTF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singapore Post Net-Net Working Capital Calculation

Singapore Post'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)
=(471.876+0.75 * 35.646+0.5 * 0.011-480.711
-0-0)/2251.268
=0.01

Singapore Post'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)
=(471.876+0.75 * 35.646+0.5 * 0.011-480.711
-0-0)/2251.268
=0.01

* 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 $0.01 mean?
Singapore Post (SPSTF) has a Net-Net Working Capital of $0.01 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 Singapore Post According to the industry distribution chart, Singapore Post ranks #196 out of 218 companies in the Transportation industry, placing it in the top 89.9%.
Is Singapore Post's Net-Net Working Capital too high?
Singapore Post's current Net-Net Working Capital is $0.01. The Transportation industry median Net-Net Working Capital is 6.04. Singapore Post's value of $0.01 is 99.8% below this industry median. Based on the distribution chart, Singapore Post ranks #196 out of 218 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Singapore Post has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Post's Net-Net Working Capital compare to UPS and FDX?
According to the Transportation industry distribution chart, Singapore Post ranks #196 out of 218 companies for Net-Net Working Capital. This places Singapore Post in the lower half of its industry. The industry median Net-Net Working Capital is 6.04. Singapore Post's value of $0.01 is 99.8% 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 6.04, 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. Singapore Post's current Net-Net Working Capital of $0.01 is 99.8% 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 Singapore Post For the Transportation industry, the median Net-Net Working Capital is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Post's current Net-Net Working Capital is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Post stock overvalued right now?
Based on GuruFocus' analysis, Singapore Post (SPSTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.20, compared to a current price of $0.25 — trading 26% above its estimated fair value. The current Net-Net Working Capital is $0.01 and 99.8% below the Transportation industry median of 6.04. Singapore Post's overall GF Score™ is 42/100 with 8 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 Singapore Post (SPSTF), the current Net-Net Working Capital is $0.01 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 Singapore Post (SPSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Post stock appears to be overvalued. The current stock price of $0.25 is trading 26% above its estimated GF Value™ of $0.20. GuruFocus considers Singapore Post to be Modestly Overvalued.

Key valuation signals for SPSTF:

  • Net-Net Working Capital: $0.01
  • GF Value™: $0.20 vs. price of $0.25 (26% above fair value)
  • GF Score™: 42/100 with 8 warning signs
  • Industry Position: 99.8% below the Transportation median (#196 of 218)

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


Singapore Post Business Description

Address 10 Eunos Road 8, Singapore Post Centre, Singapore, SGP, 408600
Singapore Post Ltd is a Singapore-based provider of postal and parcel delivery services. It operates through the following business segments: Post and Parcel, Logistics, Property, and Others. The Post and Parcel segment provides delivery services such as collecting, transporting, and distributing mail. The Logistics segment provides services like freight forwarding and eCommerce logistics, warehousing, fulfillment, delivery, and other value-added services in Asia Pacific. The Property segment leases commercial and self-storage properties. It generates maximum revenue from the Logistics segment. Geographically, the company operates in Australia, which is its key revenue-generating market, Singapore, and other countries.
42GF 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.

$0.25
Price
$0.20
GF Value