Econframe Bhd (XKLS:0227) Net-Net Working Capital: RM-0.03 (As of May. 2026)

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XKLS:0227 Econframe Bhd XKLS:0227
56 GF Score
Price RM0.25
GF Value RM0.79
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Econframe Bhd Net-Net Working Capital?

Econframe Bhd XKLS:0227 56 Net-Net Working Capital is RM-0.03 as of May. 2026. GuruFocus rates XKLS:0227 with a GF Score™ of 56/100 and a GF Value™ of RM0.79 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 481 Construction companies, Econframe Bhd ranks worse than 207900% 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.

Econframe Bhd's Net-Net Working Capital for the quarter that ended in May. 2026 was RM-0.03.

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

XKLS:0227's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.62
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Econframe Bhd  (XKLS:0227) 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.


Econframe Bhd Net-Net Working Capital Related Terms


Econframe Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Econframe 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.

Econframe Bhd Net-Net Working Capital Chart

Econframe Bhd Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only 0.10 0.12 0.14 0.10 -0.05

Econframe Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.07 -0.05 -0.03 -0.03 -0.03

XKLS:0227 vs TT, JCI, CARR: Net-Net Working Capital Comparison

For the Building Products & Equipment subindustry, Econframe 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.


Econframe Bhd Price-to-Net-Net-Working-Capital vs Construction Industry

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

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


XKLS:0227
56GF Score
Econframe Bhd XKLS:0227
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Econframe Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Aug. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.724+0.75 * 39.849+0.5 * 29.279-73.306
-0-6.268)/382.468
=-0.05

Econframe Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2026 is calculated as

Net-Net Working Capital(Q: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.059+0.75 * 43.766+0.5 * 34.058-68.81
-0-7.16)/376.496
=-0.03

* 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-0.03 mean?
Econframe Bhd (XKLS:0227) has a Net-Net Working Capital of RM-0.03 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 Econframe Bhd According to the industry distribution chart, Econframe Bhd ranks #999999 out of 481 companies in the Construction industry.
Is Econframe Bhd's Net-Net Working Capital too high?
Econframe Bhd's current Net-Net Working Capital is RM-0.03. Based on the distribution chart, Econframe Bhd ranks #999999 out of 481 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Econframe Bhd has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Econframe Bhd's Net-Net Working Capital compare to TT and JCI?
According to the Construction industry distribution chart, Econframe Bhd ranks #999999 out of 481 companies for Net-Net Working Capital. This places Econframe Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 6.62. 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 6.62, based on 481 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 Econframe Bhd For the Construction industry, the median Net-Net Working Capital is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Econframe Bhd's current Net-Net Working Capital is RM-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Econframe Bhd stock overvalued right now?
Based on GuruFocus' analysis, Econframe Bhd (XKLS:0227) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.79, compared to a current price of RM0.25 — trading 68.4% below its estimated fair value. The current Net-Net Working Capital is RM-0.03. Econframe Bhd's overall GF Score™ is 56/100 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 Econframe Bhd (XKLS:0227), the current Net-Net Working Capital is RM-0.03 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 Econframe Bhd (XKLS:0227) Overvalued in 2026?

Based on GuruFocus' analysis, Econframe Bhd stock appears to be undervalued. The current stock price of RM0.25 is trading 68.4% below its estimated GF Value™ of RM0.79. GuruFocus considers Econframe Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0227:

  • Net-Net Working Capital: RM-0.03
  • GF Value™: RM0.79 vs. price of RM0.25 (68.4% below fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Econframe Bhd Business Description

Address No. 1, Jalan 27A, Sungai Rasau Industrial Area, Kawasan 16, Kaw. Perindustrian Sungai Rasa, Klang, SGR, MYS, 41300
Econframe Bhd is an investment holding company. Its subsidiaries are engaged in the manufacturing and sales of doors, door and window frames, glass processing, and fabrication and installation of aluminium glazing, glass products, and facade works. The Group operates in three reportable operating segments: Manufacturing, which focuses on doors, frames, glass and facade works and generates the majority of revenue; Trading, which involves trading of doors and ironmongery and the trading and provision of installation services for solar energy products and systems; and Investment holding, which provides corporate and financial support to the Group. The Group operates predominantly in Malaysia.
56GF Score

Get the complete analysis for XKLS:0227

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

RM0.25
Price
RM0.79
GF Value