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Siab Holdings Bhd (XKLS:0241) Net-Net Working Capital : RM-0.08 (As of Mar. 2024)


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What is Siab Holdings Bhd Net-Net Working Capital?

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.

Siab Holdings Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2024 was RM-0.08.

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

XKLS:0241's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.73
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Siab Holdings Bhd Net-Net Working Capital Historical Data

The historical data trend for Siab Holdings 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.

* Premium members only.

Siab Holdings Bhd Net-Net Working Capital Chart

Siab Holdings Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -32.45 -59.93 -0.09 -0.11 -0.09

Siab Holdings Bhd Quarterly Data
Dec18 Dec19 Dec20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.08 -0.11 -0.08 -0.09 -0.08

Competitive Comparison of Siab Holdings Bhd's Net-Net Working Capital

For the Engineering & Construction subindustry, Siab Holdings 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.


Siab Holdings Bhd's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

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

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



Siab Holdings Bhd Net-Net Working Capital Calculation

Siab Holdings Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.167+0.75 * 68.762+0.5 * 0-116.831
-0-0)/641.426
=-0.09

Siab Holdings Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.972+0.75 * 69.609+0.5 * 0-119.527
-0-0)/641.426
=-0.08

* 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.


Siab Holdings Bhd  (XKLS:0241) 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.


Siab Holdings Bhd Net-Net Working Capital Related Terms

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Siab Holdings Bhd (XKLS:0241) Business Description

Traded in Other Exchanges
N/A
Address
No. 82, Jalan BP 7/8, Bandar Bukit Puchong, Puchong, SGR, MYS, 47120
Siab Holdings Bhd is principally involved in the provision of building construction services, focusing on high-end commercial and mixed development projects, high rise grade A office developments, hypermarkets, industrial buildings, institutional buildings (including hospitals), high-rise residential, and township development. The group also provides Information and Communications Technology solutions and services.

Siab Holdings Bhd (XKLS:0241) Headlines

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