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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.
XKLS:0298's Price-to-Net-Net-Working-Capital is ranked better than 68.46% of 1319
companies
in the Industrial Products industry
Industry Median: 8.18
vs XKLS:0298: 4.92
Wentel Engineering Holdings Bhd (XKLS:0298) 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.
Wentel Engineering Holdings Bhd Net-Net Working Capital Related Terms
Wentel Engineering Holdings 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.
Wentel Engineering Holdings Bhd Net-Net Working Capital Chart
XKLS:0298 vs CRS, ATI, MLI: Net-Net Working Capital Comparison
For the Metal Fabrication subindustry, Wentel Engineering 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.
Wentel Engineering Holdings Bhd Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wentel Engineering Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Wentel Engineering Holdings 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 RM0.06 mean?
Wentel Engineering Holdings Bhd (XKLS:0298) has a Net-Net Working Capital of RM0.06 as of Mar. 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 Wentel Engineering Holdings Bhd According to the industry distribution chart, Wentel Engineering Holdings Bhd ranks #416 out of 1319 companies in the Industrial Products industry, placing it in the top 31.5%.
Is Wentel Engineering Holdings Bhd's Net-Net Working Capital too high?
Wentel Engineering Holdings Bhd's current Net-Net Working Capital is RM0.06. Based on the distribution chart, Wentel Engineering Holdings Bhd ranks #416 out of 1319 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Wentel Engineering Holdings Bhd has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Wentel Engineering Holdings Bhd's Net-Net Working Capital compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wentel Engineering Holdings Bhd ranks #416 out of 1319 companies for Net-Net Working Capital. This puts Wentel Engineering Holdings Bhd in the upper half of its industry. The industry median Net-Net Working Capital is 8.18. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.18, based on 1,319 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 Wentel Engineering Holdings Bhd For the Industrial Products industry, the median Net-Net Working Capital is 8.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wentel Engineering Holdings Bhd's current Net-Net Working Capital is RM0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wentel Engineering Holdings Bhd stock overvalued right now?
Wentel Engineering Holdings Bhd (XKLS:0298) has a current Net-Net Working Capital of RM0.06. The current Net-Net Working Capital is RM0.06. Wentel Engineering Holdings Bhd's overall GF Score™ is 49/100 with 2 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 Wentel Engineering Holdings Bhd (XKLS:0298), the current Net-Net Working Capital is RM0.06 as of Mar. 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.
Wentel Engineering Holdings Bhd is engaged in the fabrication of semifinished metal products, the fabrication of metal parts, and the assembly of finished products. Fabrication of semifinished metal products includes fabricating metal bodies and accessories to be used in security screening equipment and CNC machines. Fabrication of metal parts includes support blocks, brackets, panels, cover plates, cable covers, housings, channels, and tunnels, and Assembly of finished products involves the integration of electrical, electronic, and mechanical components to produce fully operational walk-through metal detectors. Maximum revenue is generated from the fabrication of semifinished metal products.
49GF Score
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