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.
Binasat Communications BhdXKLS:0195 Net-Net Working Capital is RM0.02 as of Jun. 2026. The stock has 7 warning signs investors should review. Among 58 Telecommunication Services companies, Binasat Communications Bhd ranks better than 65.52% 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.
Binasat Communications Bhd's Net-Net Working Capital for the quarter that ended in Jun. 2026 was RM0.02.
The industry rank for Binasat Communications Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:0195's Price-to-Net-Net-Working-Capital is ranked better than 65.52% of 58
companies
in the Telecommunication Services industry
Industry Median: 9.335
vs XKLS:0195: 4.00
Binasat Communications Bhd (XKLS:0195) 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.
Binasat Communications Bhd Net-Net Working Capital Related Terms
Binasat Communications Bhd Net-Net Working Capital Historical Data
* 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.
Binasat Communications Bhd Net-Net Working Capital Chart
XKLS:0195 vs VZ, TMUS, T: Net-Net Working Capital Comparison
For the Telecom Services subindustry, Binasat Communications 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.
Binasat Communications Bhd Price-to-Net-Net-Working-Capital vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Binasat Communications 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 RM0.02 mean?
Binasat Communications Bhd (XKLS:0195) has a Net-Net Working Capital of RM0.02 as of Jun. 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 Binasat Communications Bhd According to the industry distribution chart, Binasat Communications Bhd ranks #20 out of 58 companies in the Telecommunication Services industry, placing it in the top 34.5%.
Is Binasat Communications Bhd's Net-Net Working Capital too high?
Binasat Communications Bhd's current Net-Net Working Capital is RM0.02. Based on the distribution chart, Binasat Communications Bhd ranks #20 out of 58 companies in the Telecommunication Services industry, which is above the industry midpoint.
How does Binasat Communications Bhd's Net-Net Working Capital compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Binasat Communications Bhd ranks #20 out of 58 companies for Net-Net Working Capital. This puts Binasat Communications Bhd in the upper half of its industry. The industry median Net-Net Working Capital is 9.34. 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 9.34, based on 58 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 Binasat Communications Bhd For the Telecommunication Services industry, the median Net-Net Working Capital is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binasat Communications Bhd's current Net-Net Working Capital is RM0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binasat Communications Bhd stock overvalued right now?
Based on GuruFocus' analysis, Binasat Communications Bhd (XKLS:0195) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.15, compared to a current price of RM0.08 — trading 46.7% below its estimated fair value. The current Net-Net Working Capital is RM0.02. 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 Binasat Communications Bhd (XKLS:0195), the current Net-Net Working Capital is RM0.02 as of Jun. 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.
Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport, and Digital Satellite News Gathering (DSNG) Services. It has segments that are Satellite, mobile, and fiber optic telecommunications networks and power and telecommunication infrastructure works. The company derives almost all of its revenue from Satellite, mobile, and fiber optic telecommunications networks. It operates predominantly in Malaysia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0195 has been successfully added to your 
