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PT Resources Holdings Bhd (XKLS:0260) Net-Net Working Capital : RM0.15 (As of Jan. 2024)


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What is PT Resources 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.

PT Resources Holdings Bhd's Net-Net Working Capital for the quarter that ended in Jan. 2024 was RM0.15.

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

XKLS:0260's Price-to-Net-Net-Working-Capital is ranked better than
71.45% of 599 companies
in the Consumer Packaged Goods industry
Industry Median: 7.34 vs XKLS:0260: 3.83

PT Resources Holdings Bhd Net-Net Working Capital Historical Data

The historical data trend for PT Resources 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.

PT Resources Holdings Bhd Net-Net Working Capital Chart

PT Resources Holdings Bhd Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Net-Net Working Capital
-0.05 -0.03 - 0.03 0.14

PT Resources Holdings Bhd Quarterly Data
Apr19 Apr20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.11 0.14 0.13 0.14 0.15

Competitive Comparison of PT Resources Holdings Bhd's Net-Net Working Capital

For the Packaged Foods subindustry, PT Resources 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.


PT Resources Holdings Bhd's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Resources Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



PT Resources Holdings Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Apr. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(69.829+0.75 * 127.078+0.5 * 7.606-94.675
-0-0)/535.02
=0.14

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

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(53.217+0.75 * 193.856+0.5 * 11.368-126.25
-0-0.006)/535.02
=0.15

* 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.


PT Resources Holdings Bhd  (XKLS:0260) 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.


PT Resources Holdings Bhd Net-Net Working Capital Related Terms

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PT Resources Holdings Bhd (XKLS:0260) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pengaturcara U1/51A, Unit K3-5-12, Tower 3, UOA Business Park, Section U1 Kawasan Perindustrian Temasya, Darul Eh, Shah Alam, SGR, MYS, 40150
PT Resources Holdings Bhd is principally involved in the processing and trading of frozen seafood products as well as retail trading of meat and non-meat products. It operates in two segments namely processing and trading of frozen seafood products which generates maximum revenue for the company and another segment is Trading of other products.

PT Resources Holdings Bhd (XKLS:0260) Headlines

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