Cropmate Bhd (XKLS:0331) Net-Net Working Capital: RM0.02 (As of Mar. 2026)

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XKLS:0331 Cropmate Bhd XKLS:0331
18 GF Score
Price RM0.20
! 5 Warning Signs
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What is Cropmate Bhd Net-Net Working Capital?

Cropmate Bhd XKLS:0331 -2.50% 18 Net-Net Working Capital is RM0.02 as of Mar. 2026. GuruFocus rates XKLS:0331 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 87 Agriculture companies, Cropmate Bhd ranks worse than 62.07% 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.

Cropmate Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.02.

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

XKLS:0331's Price-to-Net-Net-Working-Capital is ranked worse than
62.07% of 87 companies
in the Agriculture industry
Industry Median: 8.07 vs XKLS:0331: 9.75

Cropmate Bhd  (XKLS:0331) 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.


Cropmate Bhd Net-Net Working Capital Related Terms


Cropmate Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Cropmate 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.

Cropmate Bhd Net-Net Working Capital Chart

Cropmate Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-0.03 -0.03 -0.02 0.05 0.03

Cropmate Bhd Quarterly Data
Dec21 Dec22 Dec23 May24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.04 0.03 0.02

XKLS:0331 vs CTVA, CF, MOS: Net-Net Working Capital Comparison

For the Agricultural Inputs subindustry, Cropmate 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.


Cropmate Bhd Price-to-Net-Net-Working-Capital vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Cropmate Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:0331
18GF Score
Cropmate Bhd XKLS:0331
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Cropmate Bhd Net-Net Working Capital Calculation

Cropmate Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(29.886+0.75 * 22.035+0.5 * 33.341-38.895
-0-0)/738.000
=0.03

Cropmate Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.449+0.75 * 33.093+0.5 * 35.218-42.083
-0-0)/738.000
=0.02

* 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 RM0.02 mean?
Cropmate Bhd (XKLS:0331) has a Net-Net Working Capital of RM0.02 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 Cropmate Bhd According to the industry distribution chart, Cropmate Bhd ranks #54 out of 87 companies in the Agriculture industry, placing it in the top 62.1%.
Is Cropmate Bhd's Net-Net Working Capital too high?
Cropmate Bhd's current Net-Net Working Capital is RM0.02. Based on the distribution chart, Cropmate Bhd ranks #54 out of 87 companies in the Agriculture industry, which is below the industry midpoint. Overall, Cropmate Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Cropmate Bhd's Net-Net Working Capital compare to CTVA and CF?
According to the Agriculture industry distribution chart, Cropmate Bhd ranks #54 out of 87 companies for Net-Net Working Capital. This places Cropmate Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 8.07. 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 Agriculture company?
The median Net-Net Working Capital among Agriculture companies is 8.07, based on 87 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 Cropmate Bhd For the Agriculture industry, the median Net-Net Working Capital is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cropmate Bhd's current Net-Net Working Capital is RM0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cropmate Bhd stock overvalued right now?
Cropmate Bhd (XKLS:0331) has a current Net-Net Working Capital of RM0.02. The current Net-Net Working Capital is RM0.02. Cropmate Bhd's overall GF Score™ is 18/100 with 5 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 Cropmate Bhd (XKLS:0331), the current Net-Net Working Capital is RM0.02 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.

Cropmate Bhd Business Description

Address Jalan Telok Gong KS/10, Lot 8949, Kampung Nelayan, Telok Gong, Darul Ehsan, Pelabuhan Klang, SGR, MYS, 42000
Cropmate Bhd is an holding company and operates through its subsidiary. It is engaged in the formulation and blending of conventional and specialty fertilisers as well as trading of straight fertilisers and related products. Its fertilisers are sold under brand Cropmate Dua Daun. Also in addition, it is involved in the trading of straight fertilisers and related products. The products includes Compacted Fertilisers, Blended Fertilisers and Specialty Fertilisers. The company has two segments: Investment holding and Manufacturing. Key revenue is generated from Manufacturing.
18GF Score

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

RM0.20
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