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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.
VisDynamics Holdings Bhd's Net-Net Working Capital for the quarter that ended in Apr. 2026 was RM0.05.
The industry rank for VisDynamics Holdings Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:0120's Price-to-Net-Net-Working-Capital is ranked better than 63.75% of 538
companies
in the Semiconductors industry
Industry Median: 12.3
vs XKLS:0120: 8.30
VisDynamics Holdings Bhd (XKLS:0120) 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.
VisDynamics Holdings Bhd Net-Net Working Capital Related Terms
VisDynamics Holdings Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for VisDynamics Holdings 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.
VisDynamics Holdings Bhd Net-Net Working Capital Chart
XKLS:0120 vs AMAT, LRCX, KLAC: Net-Net Working Capital Comparison
For the Semiconductor Equipment & Materials subindustry, VisDynamics Holdings 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.
VisDynamics Holdings Bhd Price-to-Net-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, VisDynamics Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where VisDynamics Holdings Bhd'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 RM0.05 mean?
VisDynamics Holdings Bhd (XKLS:0120) has a Net-Net Working Capital of RM0.05 as of Apr. 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 VisDynamics Holdings Bhd According to the industry distribution chart, VisDynamics Holdings Bhd ranks #195 out of 538 companies in the Semiconductors industry, placing it in the top 36.2%.
Is VisDynamics Holdings Bhd's Net-Net Working Capital too high?
VisDynamics Holdings Bhd's current Net-Net Working Capital is RM0.05. Based on the distribution chart, VisDynamics Holdings Bhd ranks #195 out of 538 companies in the Semiconductors industry, which is above the industry midpoint. Overall, VisDynamics Holdings Bhd has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VisDynamics Holdings Bhd's Net-Net Working Capital compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, VisDynamics Holdings Bhd ranks #195 out of 538 companies for Net-Net Working Capital. This puts VisDynamics Holdings Bhd in the upper half of its industry. The industry median Net-Net Working Capital is 12.30. 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 12.30, based on 538 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 VisDynamics Holdings Bhd For the Semiconductors industry, the median Net-Net Working Capital is 12.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VisDynamics Holdings Bhd's current Net-Net Working Capital is RM0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VisDynamics Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, VisDynamics Holdings Bhd (XKLS:0120) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.42 — trading 107.5% above its estimated fair value. The current Net-Net Working Capital is RM0.05. VisDynamics Holdings Bhd's overall GF Score™ is 46/100 with 6 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 VisDynamics Holdings Bhd (XKLS:0120), the current Net-Net Working Capital is RM0.05 as of Apr. 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 VisDynamics Holdings Bhd (XKLS:0120) Overvalued in 2026?
Based on GuruFocus' analysis, VisDynamics Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.42 is trading 107.5% above its estimated GF Value™ of RM0.20.
GuruFocus considers VisDynamics Holdings Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0120:
Net-Net Working Capital: RM0.05
GF Value™: RM0.20 vs. price of RM0.42 (107.5% above fair value)
No single metric tells the full story. See the XKLS:0120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VisDynamics Holdings Bhd is an investment holding company. It operates in two segments, namely the Manufacturing segment, which includes the Manufacturing of automated test equipment, and the Others segment, which includes Investment holding and the provision of management services. The company focuses on the design, research & development, and assembly of Back-end Semiconductor Equipment and high-speed transfer and inspection machines for Non-Semiconductor Devices. The company's geographical segments include Malaysia, South East Asia, North Asia, the United States, and Others, of which it generates the majority of its revenue from North Asia.
46GF Score
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