Inta Bina Group Bhd (XKLS:0192) Net-Net Working Capital: RM-0.18 (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:0192 Inta Bina Group Bhd XKLS:0192
66 GF Score
Price RM0.37
GF Value RM0.43
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Inta Bina Group Bhd Net-Net Working Capital?

Inta Bina Group Bhd XKLS:0192 -1.35% 66 Net-Net Working Capital is RM-0.18 as of Mar. 2026. GuruFocus rates XKLS:0192 with a GF Score™ of 66/100 and a GF Value™ of RM0.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 478 Construction companies, Inta Bina Group Bhd ranks worse than 209204.81% 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.

Inta Bina Group Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.18.

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

XKLS:0192's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.275
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Inta Bina Group Bhd  (XKLS:0192) 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.


Inta Bina Group Bhd Net-Net Working Capital Related Terms


Inta Bina Group Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Inta Bina Group 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.

Inta Bina Group Bhd Net-Net Working Capital Chart

Inta Bina Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.10 -0.21 -0.20 -0.20

Inta Bina Group 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 -0.20 -0.16 -0.16 -0.20 -0.18

XKLS:0192 vs PWR, FIX, EME: Net-Net Working Capital Comparison

For the Engineering & Construction subindustry, Inta Bina Group 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.


Inta Bina Group Bhd Price-to-Net-Net-Working-Capital vs Construction Industry

For the Construction industry and Industrials sector, Inta Bina Group Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Inta Bina Group Bhd's Price-to-Net-Net-Working-Capital falls into.


XKLS:0192
66GF Score
Inta Bina Group Bhd XKLS:0192
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inta Bina Group Bhd Net-Net Working Capital Calculation

Inta Bina Group Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(108.801+0.75 * 300.286+0.5 * 16.669-464.621
-0-0.475)/614.626
=-0.20

Inta Bina Group 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)
=(126.412+0.75 * 275.431+0.5 * 17.06-453.338
-0-0.636)/623.797
=-0.18

* 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-0.18 mean?
Inta Bina Group Bhd (XKLS:0192) has a Net-Net Working Capital of RM-0.18 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 Inta Bina Group Bhd According to the industry distribution chart, Inta Bina Group Bhd ranks #999999 out of 478 companies in the Construction industry.
Is Inta Bina Group Bhd's Net-Net Working Capital too high?
Inta Bina Group Bhd's current Net-Net Working Capital is RM-0.18. Based on the distribution chart, Inta Bina Group Bhd ranks #999999 out of 478 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Inta Bina Group Bhd has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inta Bina Group Bhd's Net-Net Working Capital compare to PWR and FIX?
According to the Construction industry distribution chart, Inta Bina Group Bhd ranks #999999 out of 478 companies for Net-Net Working Capital. This places Inta Bina Group Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 6.28. 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 a Construction company?
The median Net-Net Working Capital among Construction companies is 6.28, based on 478 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 Inta Bina Group Bhd For the Construction industry, the median Net-Net Working Capital is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inta Bina Group Bhd's current Net-Net Working Capital is RM-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inta Bina Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Inta Bina Group Bhd (XKLS:0192) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.43, compared to a current price of RM0.37 — trading 15.1% below its estimated fair value. The current Net-Net Working Capital is RM-0.18. Inta Bina Group Bhd's overall GF Score™ is 66/100 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 Inta Bina Group Bhd (XKLS:0192), the current Net-Net Working Capital is RM-0.18 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 Inta Bina Group Bhd (XKLS:0192) Overvalued in 2026?

Based on GuruFocus' analysis, Inta Bina Group Bhd stock appears to be undervalued. The current stock price of RM0.37 is trading 15.1% below its estimated GF Value™ of RM0.43. GuruFocus considers Inta Bina Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0192:

  • Net-Net Working Capital: RM-0.18
  • GF Value™: RM0.43 vs. price of RM0.37 (15.1% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inta Bina Group Bhd Business Description

Address 13, 15 & 17 (1st Floor), Jalan SS 15/8A, Subang Jaya, Petaling Jaya, SGR, MYS, 47500
Inta Bina Group Bhd is an investment holding company. The principal activities of its subsidiaries include securing and carrying out construction contracts, property development, investment and management and engineering service to supply, install and maintain elevators, escalators, and dumbwaiter lifts. Its reportable segments include: i) Construction services: Securing and carrying out construction activities of main building works, ii) Property development: Development of residential properties, iii) Others: Including investment holding company, construction and engineering service to supply, install and maintain elevator, escalator and lifts, dormant company and share of profit from joint venture. The majority of the company's revenue is derived from the Construction services segment.
66GF Score

Get the complete analysis for XKLS:0192

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

RM0.37
Price
RM0.43
GF Value