Notion Vtec Bhd (XKLS:0083) Net-Net Working Capital: RM0.02 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0083 Notion Vtec Bhd XKLS:0083
52 GF Score
Price RM0.60
GF Value RM0.61
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Notion Vtec Bhd Net-Net Working Capital?

Notion Vtec Bhd XKLS:0083 +6.25% 52 Net-Net Working Capital is RM0.02 as of Mar. 2026. GuruFocus rates XKLS:0083 with a GF Score™ of 52/100 and a GF Value™ of RM0.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,193 Hardware companies, Notion Vtec Bhd ranks worse than 78.21% 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.

Notion Vtec Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.02.

The industry rank for Notion Vtec Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:0083's Price-to-Net-Net-Working-Capital is ranked worse than
78.21% of 1193 companies
in the Hardware industry
Industry Median: 9.03 vs XKLS:0083: 29.75

Notion Vtec Bhd  (XKLS:0083) 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.


Notion Vtec Bhd Net-Net Working Capital Related Terms


Notion Vtec Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Notion Vtec Bhd'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.

Notion Vtec Bhd Net-Net Working Capital Chart

Notion Vtec Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 0.01 0.06 0.10 0.04

Notion Vtec Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.12 0.06 0.04 0.03 0.02

XKLS:0083 vs APH, GLW, TEL: Net-Net Working Capital Comparison

For the Electronic Components subindustry, Notion Vtec Bhd'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.


Notion Vtec Bhd Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, Notion Vtec Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Notion Vtec Bhd's Price-to-Net-Net-Working-Capital falls into.


XKLS:0083
52GF Score
Notion Vtec Bhd XKLS:0083
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Notion Vtec Bhd Net-Net Working Capital Calculation

Notion Vtec Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net-Net Working Capital(A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(59.779+0.75 * 136.323+0.5 * 67.482-174.49
-0-0.87)/525.990
=0.04

Notion Vtec Bhd'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)
=(51.341+0.75 * 127.427+0.5 * 70.041-172.157
-0-0.832)/525.994
=0.02

* 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 RM0.02 mean?
Notion Vtec Bhd (XKLS:0083) has a Net-Net Working Capital of RM0.02 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 Notion Vtec Bhd According to the industry distribution chart, Notion Vtec Bhd ranks #933 out of 1193 companies in the Hardware industry, placing it in the top 78.2%.
Is Notion Vtec Bhd's Net-Net Working Capital too high?
Notion Vtec Bhd's current Net-Net Working Capital is RM0.02. Based on the distribution chart, Notion Vtec Bhd ranks #933 out of 1193 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Notion Vtec Bhd has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Notion Vtec Bhd's Net-Net Working Capital compare to APH and GLW?
According to the Hardware industry distribution chart, Notion Vtec Bhd ranks #933 out of 1193 companies for Net-Net Working Capital. This places Notion Vtec Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 9.03. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.03, based on 1,193 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 Notion Vtec Bhd For the Hardware industry, the median Net-Net Working Capital is 9.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Notion Vtec Bhd's current Net-Net Working Capital is RM0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notion Vtec Bhd stock overvalued right now?
Based on GuruFocus' analysis, Notion Vtec Bhd (XKLS:0083) is currently considered Fairly Valued. The stock's GF Value™ is RM0.61, compared to a current price of RM0.60 — trading 2.5% below its estimated fair value. The current Net-Net Working Capital is RM0.02. Notion Vtec Bhd's overall GF Score™ is 52/100 with 5 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 Notion Vtec Bhd (XKLS:0083), the current Net-Net Working Capital is RM0.02 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 Notion Vtec Bhd (XKLS:0083) Overvalued in 2026?

Based on GuruFocus' analysis, Notion Vtec Bhd stock appears to be undervalued. The current stock price of RM0.60 is trading 2.5% below its estimated GF Value™ of RM0.61. GuruFocus considers Notion Vtec Bhd to be Fairly Valued.

Key valuation signals for XKLS:0083:

  • Net-Net Working Capital: RM0.02
  • GF Value™: RM0.61 vs. price of RM0.60 (2.5% below fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0083 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Notion Vtec Bhd Business Description

Address Lot 6123, Jalan Haji Salleh, Batu 5 1/2, Jalan Meru, Klang, SGR, MYS, 41050
Notion Vtec Bhd is a Malaysia-based investment holding company. Through its subsidiaries, the company is engaged in manufacturing and selling precision components, tools, and other related products. The company operates in two segments: i)Precision Engineering: Manufacture of high volume precision components and tools including design, other related ctivities and incidental services. (ii) Personal Protective Equipment: Manufacture of personal protective equipment and medical related materials, components, devices or products and other related activities. The majority of the company's revenue is derived from the Precision Engineering segment. Geographically, the company has a presence in China, Malaysia, Philippines, Thailand and others, with the maximum revenue generating from Malaysia.
52GF Score

Get the complete analysis for XKLS:0083

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

RM0.60
Price
RM0.61
GF Value