Inch Kenneth Kajang Rubber (XKLS:2607) Net-Net Working Capital: RM-0.14 (As of Mar. 2026)

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XKLS:2607 Inch Kenneth Kajang Rubber PLC XKLS:2607
33 GF Score
Price RM0.52
GF Value RM0.36
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Inch Kenneth Kajang Rubber Net-Net Working Capital?

Inch Kenneth Kajang Rubber XKLS:2607 +2.97% 33 Net-Net Working Capital is RM-0.14 as of Mar. 2026. GuruFocus rates XKLS:2607 with a GF Score™ of 33/100 and a GF Value™ of RM0.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 206 Travel & Leisure companies, Inch Kenneth Kajang Rubber ranks worse than 485436.41% 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.

Inch Kenneth Kajang Rubber's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.14.

The industry rank for Inch Kenneth Kajang Rubber's Net-Net Working Capital or its related term are showing as below:

XKLS:2607's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.34
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Inch Kenneth Kajang Rubber  (XKLS:2607) 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.


Inch Kenneth Kajang Rubber Net-Net Working Capital Related Terms


Inch Kenneth Kajang Rubber Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Inch Kenneth Kajang Rubber'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.

Inch Kenneth Kajang Rubber Net-Net Working Capital Chart

Inch Kenneth Kajang Rubber Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.23 -0.24 -0.26 -0.30

Inch Kenneth Kajang Rubber Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.13 -0.12 -0.30 -0.14

XKLS:2607 vs LVS, MGM, WYNN: Net-Net Working Capital Comparison

For the Resorts & Casinos subindustry, Inch Kenneth Kajang Rubber'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.


Inch Kenneth Kajang Rubber Price-to-Net-Net-Working-Capital vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Inch Kenneth Kajang Rubber's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Inch Kenneth Kajang Rubber's Price-to-Net-Net-Working-Capital falls into.


XKLS:2607
33GF Score
Inch Kenneth Kajang Rubber PLC XKLS:2607
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inch Kenneth Kajang Rubber Net-Net Working Capital Calculation

Inch Kenneth Kajang Rubber'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)
=(4.943+0.75 * 0.054+0.5 * 15.594-127.779
-0-0)/378.675
=-0.30

Inch Kenneth Kajang Rubber'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)
=(3.627+0.75 * 85.801+0.5 * 15.522-128.171
-0-0)/378.675
=-0.14

* 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-0.14 mean?
Inch Kenneth Kajang Rubber (XKLS:2607) has a Net-Net Working Capital of RM-0.14 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 Inch Kenneth Kajang Rubber According to the industry distribution chart, Inch Kenneth Kajang Rubber ranks #999999 out of 206 companies in the Travel & Leisure industry.
Is Inch Kenneth Kajang Rubber's Net-Net Working Capital too high?
Inch Kenneth Kajang Rubber's current Net-Net Working Capital is RM-0.14. Based on the distribution chart, Inch Kenneth Kajang Rubber ranks #999999 out of 206 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Inch Kenneth Kajang Rubber has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inch Kenneth Kajang Rubber's Net-Net Working Capital compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Inch Kenneth Kajang Rubber ranks #999999 out of 206 companies for Net-Net Working Capital. This places Inch Kenneth Kajang Rubber in the lower half of its industry. The industry median Net-Net Working Capital is 6.34. 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 Travel & Leisure company?
The median Net-Net Working Capital among Travel & Leisure companies is 6.34, based on 206 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 Inch Kenneth Kajang Rubber For the Travel & Leisure industry, the median Net-Net Working Capital is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inch Kenneth Kajang Rubber's current Net-Net Working Capital is RM-0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inch Kenneth Kajang Rubber stock overvalued right now?
Based on GuruFocus' analysis, Inch Kenneth Kajang Rubber (XKLS:2607) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.36, compared to a current price of RM0.52 — trading 44.4% above its estimated fair value. The current Net-Net Working Capital is RM-0.14. Inch Kenneth Kajang Rubber's overall GF Score™ is 33/100 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 Inch Kenneth Kajang Rubber (XKLS:2607), the current Net-Net Working Capital is RM-0.14 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.

Is Inch Kenneth Kajang Rubber (XKLS:2607) Overvalued in 2026?

Based on GuruFocus' analysis, Inch Kenneth Kajang Rubber stock appears to be overvalued. The current stock price of RM0.52 is trading 44.4% above its estimated GF Value™ of RM0.36. GuruFocus considers Inch Kenneth Kajang Rubber to be Significantly Overvalued.

Key valuation signals for XKLS:2607:

  • Net-Net Working Capital: RM-0.14
  • GF Value™: RM0.36 vs. price of RM0.52 (44.4% above fair value)
  • GF Score™: 33/100 with 2 warning signs

No single metric tells the full story. See the XKLS:2607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inch Kenneth Kajang Rubber Business Description

Address Jalan Sultan Ismail, 26th Floor, Menara Promet (KH), Kuala Lumpur, MYS, 50250
Inch Kenneth Kajang Rubber PLC operates as an investment holding company. It has four segments. Plantations segment include the sale of fresh fruit bunches; the Manufacturing segment includes producing constant viscosity rubber blocks; Tourism segment includes the operation of two tourist resorts, sale of rooms and sale of food and beverages; Property development segment includes development and sale of land and properties and leasing of buildings, and Others include trading of building materials and investment holding of equity interests in quoted shares. The company earns the majority of its revenues from the Manufacturing segment. It operates in Malaysia and Thailand.
33GF Score

Get the complete analysis for XKLS:2607

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

RM0.52
Price
RM0.36
GF Value