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Eckem Holdings BhdXKLS:0463 Net-Net Working Capital is RM-0.02 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 595 Chemicals companies, Eckem Holdings Bhd ranks worse than 168067.06% 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.
Eckem Holdings Bhd's Net-Net Working Capital for the quarter that ended in Dec. 2025 was RM-0.02.
The industry rank for Eckem Holdings Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:0463's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 8.26 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Eckem Holdings Bhd (XKLS:0463) 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.
Eckem Holdings Bhd Net-Net Working Capital Related Terms
Eckem Holdings Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Eckem 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.
Eckem Holdings Bhd Net-Net Working Capital Chart
Eckem Holdings Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Net-Net Working Capital
-0.02
-0.03
-0.04
-0.02
Eckem Holdings Bhd Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Net-Net Working Capital
-0.02
-0.03
-0.04
-0.02
XKLS:0463 vs LIN, SHW, ECL: Net-Net Working Capital Comparison
For the Specialty Chemicals subindustry, Eckem 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.
Eckem Holdings Bhd Price-to-Net-Net-Working-Capital vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Eckem Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Eckem 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 RM-0.02 mean?
Eckem Holdings Bhd (XKLS:0463) has a Net-Net Working Capital of RM-0.02 as of Dec. 2025. 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 Eckem Holdings Bhd According to the industry distribution chart, Eckem Holdings Bhd ranks #999999 out of 595 companies in the Chemicals industry.
Is Eckem Holdings Bhd's Net-Net Working Capital too high?
Eckem Holdings Bhd's current Net-Net Working Capital is RM-0.02. Based on the distribution chart, Eckem Holdings Bhd ranks #999999 out of 595 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Eckem Holdings Bhd's Net-Net Working Capital compare to LIN and SHW?
According to the Chemicals industry distribution chart, Eckem Holdings Bhd ranks #999999 out of 595 companies for Net-Net Working Capital. This places Eckem Holdings Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 8.26. 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 Chemicals company?
The median Net-Net Working Capital among Chemicals companies is 8.26, based on 595 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 Eckem Holdings Bhd For the Chemicals industry, the median Net-Net Working Capital is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eckem Holdings Bhd's current Net-Net Working Capital is RM-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eckem Holdings Bhd stock overvalued right now?
Eckem Holdings Bhd (XKLS:0463) has a current Net-Net Working Capital of RM-0.02. The current Net-Net Working Capital is RM-0.02. 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 Eckem Holdings Bhd (XKLS:0463), the current Net-Net Working Capital is RM-0.02 as of Dec. 2025. 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.
Eckem Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally focused on the distribution, sales and application formulation of specialty industrial chemical products as well as manufacturing and trading of rubber products. Its offerings include Additives, Resins, Pigments, Fillers, and Rubber Products. The company has two reportable segments as follows: (i) Trading - involved in distribution, sales and application formulation of specialty industrial chemical products, and (ii) Manufacturing - involved in manufacturing and trading of rubber products. The majority of the company's revenue is derived from the Trading segment. Geographically, the company operates predominantly in Malaysia.
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