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Fibon BhdXKLS:0149 55 Net-Net Working Capital is RM0.50 as of May. 2026. GuruFocus rates XKLS:0149 with a GF Score™ of 55/100 and a GF Value™ of RM0.63 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,356 Industrial Products companies, Fibon Bhd ranks better than 97.35% 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.
Fibon Bhd's Net-Net Working Capital for the quarter that ended in May. 2026 was RM0.50.
The industry rank for Fibon Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:0149's Price-to-Net-Net-Working-Capital is ranked better than 97.35% of 1356
companies
in the Industrial Products industry
Industry Median: 8.275
vs XKLS:0149: 0.89
Fibon Bhd (XKLS:0149) 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.
Fibon Bhd Net-Net Working Capital Related Terms
Fibon Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Fibon 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.
XKLS:0149 vs VRT, BE, HUBB: Net-Net Working Capital Comparison
For the Electrical Equipment & Parts subindustry, Fibon 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.
Fibon Bhd Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fibon Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Fibon 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 RM0.50 mean?
Fibon Bhd (XKLS:0149) has a Net-Net Working Capital of RM0.50 as of May. 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 Fibon Bhd According to the industry distribution chart, Fibon Bhd ranks #36 out of 1356 companies in the Industrial Products industry, placing it in the top 2.7%.
Is Fibon Bhd's Net-Net Working Capital too high?
Fibon Bhd's current Net-Net Working Capital is RM0.50. Based on the distribution chart, Fibon Bhd ranks #36 out of 1356 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fibon Bhd has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fibon Bhd's Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fibon Bhd ranks #36 out of 1356 companies for Net-Net Working Capital. This places Fibon Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 8.28. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.28, based on 1,356 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 Fibon Bhd For the Industrial Products industry, the median Net-Net Working Capital is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fibon Bhd's current Net-Net Working Capital is RM0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fibon Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fibon Bhd (XKLS:0149) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.45 — trading 29.4% below its estimated fair value. The current Net-Net Working Capital is RM0.50. Fibon Bhd's overall GF Score™ is 55/100 with 3 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 Fibon Bhd (XKLS:0149), the current Net-Net Working Capital is RM0.50 as of May. 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 Fibon Bhd (XKLS:0149) Overvalued in 2026?
Based on GuruFocus' analysis, Fibon Bhd stock appears to be undervalued.
The current stock price of RM0.45 is trading 29.4% below its estimated GF Value™ of RM0.63.
GuruFocus considers Fibon Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0149:
Net-Net Working Capital: RM0.50
GF Value™: RM0.63 vs. price of RM0.45 (29.4% below fair value)
No single metric tells the full story. See the XKLS:0149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fibon Bhd is enagaged in the manufacturing of polymer matrix fibre composites for the manufacturing of high-amperage insulators. The business segments of the company are Investment holding, Sales of goods and Financing income. The Investment holding segment includes investments made and other related activities. The Sales of goods segment comprises manufacturing and trading of electrical insulators, electrical enclosures, switchboards equipment parts and meter boards. The Financing income segment is engaged in the financial business of factoring and financing activities. The majority of the firm's revenue comes from Singapore.
55GF Score
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