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Mtouche Technology Bhd (XKLS:0092) Net-Net Working Capital : RM0.04 (As of Dec. 2023)


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What is Mtouche Technology Bhd Net-Net Working Capital?

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.

Mtouche Technology Bhd's Net-Net Working Capital for the quarter that ended in Dec. 2023 was RM0.04.

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

XKLS:0092's Price-to-Net-Net-Working-Capital is ranked better than
93.65% of 63 companies
in the Telecommunication Services industry
Industry Median: 7.22 vs XKLS:0092: 1.13

Mtouche Technology Bhd Net-Net Working Capital Historical Data

The historical data trend for Mtouche Technology 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.

* Premium members only.

Mtouche Technology Bhd Net-Net Working Capital Chart

Mtouche Technology Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Jun18 Jun19 Jun20 Sep22 Sep23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.15 0.08 0.08 0.04

Mtouche Technology Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.07 0.07 0.06 0.04 0.04

Competitive Comparison of Mtouche Technology Bhd's Net-Net Working Capital

For the Telecom Services subindustry, Mtouche Technology 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.


Mtouche Technology Bhd's Price-to-Net-Net-Working-Capital Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mtouche Technology Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Mtouche Technology Bhd Net-Net Working Capital Calculation

Mtouche Technology Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2023 is calculated as

Net-Net Working Capital(A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(46.785+0.75 * 14.057+0.5 * 0-18.83
-0--1.819)/926.719
=0.04

Mtouche Technology Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(55.591+0.75 * 8.677+0.5 * 0-23.311
-0--1.805)/926.719
=0.04

* 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.


Mtouche Technology Bhd  (XKLS:0092) 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.


Mtouche Technology Bhd Net-Net Working Capital Related Terms

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Mtouche Technology Bhd (XKLS:0092) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Persiaran Tropicana, Lot 11.3, 11th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Mtouche Technology Bhd is engaged in mobile value-added services for smartphones, such as the development of mobile content, mobile messaging technologies, billing platforms, and interactive media solutions. The company's operating segment includes Matured markets and Emerging markets. It generates maximum revenue from the Matured markets segment. Matured markets segment includes Malaysia, Hong Kong, Thailand, and Singapore. The Emerging markets include Indonesia, Vietnam, Cambodia, and the Philippines. Geographically, it derives a majority of its revenue from Malaysia. Its services and solutions include an Intelligent Short Messaging Platform; mTouche Enterprise Solution and mTouche Content Provisioning Solution.

Mtouche Technology Bhd (XKLS:0092) Headlines

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