SNS Network Technology Bhd (XKLS:0259) Net-Net Working Capital: RM-0.05 (As of Apr. 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:0259 SNS Network Technology Bhd XKLS:0259
60 GF Score
Price RM0.55
GF Value RM0.70
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is SNS Network Technology Bhd Net-Net Working Capital?

SNS Network Technology Bhd XKLS:0259 +0.92% 60 Net-Net Working Capital is RM-0.05 as of Apr. 2026. GuruFocus rates XKLS:0259 with a GF Score™ of 60/100 and a GF Value™ of RM0.70 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,173 Hardware companies, SNS Network Technology Bhd ranks worse than 85251.41% 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.

SNS Network Technology Bhd's Net-Net Working Capital for the quarter that ended in Apr. 2026 was RM-0.05.

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

XKLS:0259's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 8.8
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

SNS Network Technology Bhd  (XKLS:0259) 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.


SNS Network Technology Bhd Net-Net Working Capital Related Terms


SNS Network Technology Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for SNS Network Technology 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.

SNS Network Technology Bhd Net-Net Working Capital Chart

SNS Network Technology Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net-Net Working Capital
Get a 7-Day Free Trial -0.04 0.04 0.01 -0.03 -0.02

SNS Network Technology Bhd Quarterly Data
Jan20 Jan21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.01 -0.03 -0.01 -0.02 -0.05

XKLS:0259 vs SNX, ARW, AVT: Net-Net Working Capital Comparison

For the Electronics & Computer Distribution subindustry, SNS Network Technology 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.


SNS Network Technology Bhd Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, SNS Network Technology Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:0259
60GF Score
SNS Network Technology Bhd XKLS:0259
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SNS Network Technology Bhd Net-Net Working Capital Calculation

SNS Network Technology Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2026 is calculated as

Net-Net Working Capital(A: Jan. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(92.815+0.75 * 173.096+0.5 * 181.727-352.729
-0-0)/1675.758
=-0.02

SNS Network Technology Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2026 is calculated as

Net-Net Working Capital(Q: Apr. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(65.715+0.75 * 510.598+0.5 * 223.592-653.631
-0-0)/1704.060
=-0.05

* 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-0.05 mean?
SNS Network Technology Bhd (XKLS:0259) has a Net-Net Working Capital of RM-0.05 as of Apr. 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 SNS Network Technology Bhd According to the industry distribution chart, SNS Network Technology Bhd ranks #999999 out of 1173 companies in the Hardware industry.
Is SNS Network Technology Bhd's Net-Net Working Capital too high?
SNS Network Technology Bhd's current Net-Net Working Capital is RM-0.05. Based on the distribution chart, SNS Network Technology Bhd ranks #999999 out of 1173 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, SNS Network Technology Bhd has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SNS Network Technology Bhd's Net-Net Working Capital compare to SNX and ARW?
According to the Hardware industry distribution chart, SNS Network Technology Bhd ranks #999999 out of 1173 companies for Net-Net Working Capital. This places SNS Network Technology Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 8.80. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 8.80, based on 1,173 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 SNS Network Technology Bhd For the Hardware industry, the median Net-Net Working Capital is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SNS Network Technology Bhd's current Net-Net Working Capital is RM-0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SNS Network Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, SNS Network Technology Bhd (XKLS:0259) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.70, compared to a current price of RM0.55 — trading 21.4% below its estimated fair value. The current Net-Net Working Capital is RM-0.05. SNS Network Technology Bhd's overall GF Score™ is 60/100 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 SNS Network Technology Bhd (XKLS:0259), the current Net-Net Working Capital is RM-0.05 as of Apr. 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 SNS Network Technology Bhd (XKLS:0259) Overvalued in 2026?

Based on GuruFocus' analysis, SNS Network Technology Bhd stock appears to be undervalued. The current stock price of RM0.55 is trading 21.4% below its estimated GF Value™ of RM0.70. GuruFocus considers SNS Network Technology Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0259:

  • Net-Net Working Capital: RM-0.05
  • GF Value™: RM0.70 vs. price of RM0.55 (21.4% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SNS Network Technology Bhd Business Description

Address 61, Jalan Sultan Nazrin Shah, Ipoh, PRK, MYS, 30250
SNS Network Technology Bhd is an investment holding company. Along with its subsidiaries, it is engaged in the provision of Information Communication Technology (ICT) products, services and solutions. It is organised into 3 main reportable segments as follows: i) Sale of ICT products - comprising hardware, devices and related peripherals, as well as the provision of ICT services and solutions. ii) Provision of device repair and broadband services - provision of device repair and related services and sale of broadband services. and iii) Investment holding - dividend income. The majority of the company's revenue is derived from the Sale of ICT products segment. Geographically, the maximum revenue is generated from Malaysia, followed by Hong Kong, Maldives, Singapore, and others.
60GF Score

Get the complete analysis for XKLS:0259

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

RM0.55
Price
RM0.70
GF Value