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SIK Cheong BhdXKLS:0316 +8.33%45 Net-Net Working Capital is RM0.09 as of Mar. 2026. GuruFocus rates XKLS:0316 with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 659 Consumer Packaged Goods companies, SIK Cheong Bhd ranks better than 91.05% 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.
SIK Cheong Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.09.
The industry rank for SIK Cheong Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:0316's Price-to-Net-Net-Working-Capital is ranked better than 91.05% of 659
companies
in the Consumer Packaged Goods industry
Industry Median: 6.76
vs XKLS:0316: 1.44
SIK Cheong Bhd (XKLS:0316) 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.
SIK Cheong Bhd Net-Net Working Capital Related Terms
SIK Cheong Bhd Net-Net Working Capital Historical Data
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The historical data trend for SIK Cheong 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.
XKLS:0316 vs KHC, GIS: Net-Net Working Capital Comparison
For the Packaged Foods subindustry, SIK Cheong 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.
SIK Cheong Bhd Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, SIK Cheong Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where SIK Cheong 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 RM0.09 mean?
SIK Cheong Bhd (XKLS:0316) has a Net-Net Working Capital of RM0.09 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 SIK Cheong Bhd According to the industry distribution chart, SIK Cheong Bhd ranks #59 out of 659 companies in the Consumer Packaged Goods industry, placing it in the top 9%.
Is SIK Cheong Bhd's Net-Net Working Capital too high?
SIK Cheong Bhd's current Net-Net Working Capital is RM0.09. Based on the distribution chart, SIK Cheong Bhd ranks #59 out of 659 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, SIK Cheong Bhd has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does SIK Cheong Bhd's Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, SIK Cheong Bhd ranks #59 out of 659 companies for Net-Net Working Capital. This places SIK Cheong Bhd in the top 9% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.76. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.76, based on 659 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 SIK Cheong Bhd For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIK Cheong Bhd's current Net-Net Working Capital is RM0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIK Cheong Bhd stock overvalued right now?
SIK Cheong Bhd (XKLS:0316) has a current Net-Net Working Capital of RM0.09. The current Net-Net Working Capital is RM0.09. SIK Cheong Bhd's overall GF Score™ is 45/100 with 3 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 SIK Cheong Bhd (XKLS:0316), the current Net-Net Working Capital is RM0.09 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.
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.
45GF Score
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