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TechCreate GroupTCGLF +3.60%15 Net-Net Working Capital is $0.25 as of Dec. 2025. GuruFocus rates TCGLF with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 1,257 Software companies, TechCreate Group ranks worse than 96.9% 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.
TechCreate Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.25.
The industry rank for TechCreate Group's Net-Net Working Capital or its related term are showing as below:
TCGLF's Price-to-Net-Net-Working-Capital is ranked worse than 96.9% of 1257
companies
in the Software industry
Industry Median: 7.08
vs TCGLF: 166.80
TechCreate Group (OTCPK:TCGLF) 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.
TechCreate Group Net-Net Working Capital Related Terms
TechCreate Group Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for TechCreate 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.
TechCreate Group Net-Net Working Capital Chart
TechCreate Group Annual Data
Trend
Dec23
Dec24
Dec25
Net-Net Working Capital
-0.03
-0.02
0.25
TechCreate Group Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Net-Net Working Capital
-0.03
0.00
-0.02
-0.02
0.25
TCGLF vs KDK, RZLV, BLZE: Net-Net Working Capital Comparison
For the Software - Infrastructure subindustry, TechCreate 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.
TechCreate Group Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, TechCreate Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where TechCreate Group's Price-to-Net-Net-Working-Capital falls into.
* 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 $0.25 mean?
TechCreate Group (TCGLF) has a Net-Net Working Capital of $0.25 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 TechCreate Group According to the industry distribution chart, TechCreate Group ranks #1218 out of 1257 companies in the Software industry, placing it in the top 96.9%.
Is TechCreate Group's Net-Net Working Capital too high?
TechCreate Group's current Net-Net Working Capital is $0.25. The Software industry median Net-Net Working Capital is 7.08. TechCreate Group's value of $0.25 is 96.5% below this industry median. Based on the distribution chart, TechCreate Group ranks #1218 out of 1257 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, TechCreate Group has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does TechCreate Group's Net-Net Working Capital compare to KDK and RZLV?
According to the Software industry distribution chart, TechCreate Group ranks #1218 out of 1257 companies for Net-Net Working Capital. This places TechCreate Group in the lower half of its industry. The industry median Net-Net Working Capital is 7.08. TechCreate Group's value of $0.25 is 96.5% 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 Software company?
The median Net-Net Working Capital among Software companies is 7.08, based on 1,257 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. TechCreate Group's current Net-Net Working Capital of $0.25 is 96.5% 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 TechCreate Group For the Software industry, the median Net-Net Working Capital is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TechCreate Group's current Net-Net Working Capital is $0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechCreate Group stock overvalued right now?
TechCreate Group (TCGLF) has a current Net-Net Working Capital of $0.25. The current Net-Net Working Capital is $0.25 and 96.5% below the Software industry median of 7.08. TechCreate Group's overall GF Score™ is 15/100 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 TechCreate Group (TCGLF), the current Net-Net Working Capital is $0.25 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.
TechCreate Group Ltd is a Singapore-based financial technology and digital solutions provider. Its principal business includes professional services, the sale of software and maintenance licenses, and the sale of hardware, with professional services as its core segment. Its services include technology consultancy, payment system engine solutions, cybersecurity, consulting, system integration, implementation, customization, training, technical support, security and compliance, project management, and maintenance, enabling the Group to design and implement IT infrastructure, payment, and digital solutions for corporate clients. The Group serves customers in Singapore and Southeast Asia, including Brunei and Cambodia, and generates the majority of its revenue from Cambodia.
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