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.
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.
XOX BhdXKLS:0165 28 Net-Net Working Capital is RM-0.51 as of Mar. 2026. GuruFocus rates XKLS:0165 with a GF Score™ of 28/100 and a GF Value™ of RM0.28 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 56 Telecommunication Services companies, XOX Bhd ranks worse than 1785712.5% 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.
XOX Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.51.
The industry rank for XOX Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:0165's Price-to-Net-Net-Working-Capital is not ranked *
in the Telecommunication Services industry.
Industry Median: 8.145 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
XOX Bhd (XKLS:0165) 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.
XOX Bhd Net-Net Working Capital Related Terms
XOX Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for XOX 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:0165 vs VZ, TMUS, T: Net-Net Working Capital Comparison
For the Telecom Services subindustry, XOX 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.
XOX Bhd Price-to-Net-Net-Working-Capital vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, XOX Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where XOX 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 RM-0.51 mean?
XOX Bhd (XKLS:0165) has a Net-Net Working Capital of RM-0.51 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 XOX Bhd According to the industry distribution chart, XOX Bhd ranks #999999 out of 56 companies in the Telecommunication Services industry.
Is XOX Bhd's Net-Net Working Capital too high?
XOX Bhd's current Net-Net Working Capital is RM-0.51. Based on the distribution chart, XOX Bhd ranks #999999 out of 56 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, XOX Bhd has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XOX Bhd's Net-Net Working Capital compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, XOX Bhd ranks #999999 out of 56 companies for Net-Net Working Capital. This places XOX Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 8.15. 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 Telecommunication Services company?
The median Net-Net Working Capital among Telecommunication Services companies is 8.15, based on 56 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 XOX Bhd For the Telecommunication Services industry, the median Net-Net Working Capital is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XOX Bhd's current Net-Net Working Capital is RM-0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XOX Bhd stock overvalued right now?
Based on GuruFocus' analysis, XOX Bhd (XKLS:0165) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.28, compared to a current price of RM0.17 — trading 39.3% below its estimated fair value. The current Net-Net Working Capital is RM-0.51. XOX Bhd's overall GF Score™ is 28/100 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 XOX Bhd (XKLS:0165), the current Net-Net Working Capital is RM-0.51 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 XOX Bhd (XKLS:0165) Overvalued in 2026?
Based on GuruFocus' analysis, XOX Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 39.3% below its estimated GF Value™ of RM0.28.
GuruFocus considers XOX Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0165:
Net-Net Working Capital: RM-0.51
GF Value™: RM0.28 vs. price of RM0.17 (39.3% below fair value)
No single metric tells the full story. See the XKLS:0165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XOX Bhd is principally involved in investment holding. Along with its subsidiaries, the company is engaged in the business of providing telecommunication and mobile application-related services. The company's operating segments include (i) Provision of mobile telecommunication services and its related products, e-commerce services and digital advertising in Malaysia. (ii) Sports segment which involve in establishing, managing and controlling a football club. (iii) Investment holding which involve in investment in subsidiaries, associates and other investments. (iv) Other segments refer to non-core business activities of the company. The majority of the company's revenue is derived from the Mobile telecommunication services segment.
28GF Score
Get the complete analysis for XKLS:0165
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0165 has been successfully added to your 
