Genting Bhd (XKLS:3182) Net-Net Working Capital: RM-13.38 (As of Mar. 2026)

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XKLS:3182 Genting Bhd XKLS:3182
70 GF Score
Price RM2.10
GF Value RM3.94
Valuation Possible Value Trap
! 5 Warning Signs
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What is Genting Bhd Net-Net Working Capital?

Genting Bhd XKLS:3182 70 Net-Net Working Capital is RM-13.38 as of Mar. 2026. GuruFocus rates XKLS:3182 with a GF Score™ of 70/100 and a GF Value™ of RM3.94 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 212 Travel & Leisure companies, Genting Bhd ranks worse than 471697.64% 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.

Genting Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-13.38.

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

XKLS:3182's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.73
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Genting Bhd  (XKLS:3182) 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.


Genting Bhd Net-Net Working Capital Related Terms


Genting Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Genting 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.

Genting Bhd Net-Net Working Capital Chart

Genting Bhd 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 -12.04 -12.24 -12.20 -12.30 -12.84

Genting Bhd 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 -12.30 -12.42 -12.51 -12.84 -13.38

XKLS:3182 vs LVS, MGM, WYNN: Net-Net Working Capital Comparison

For the Resorts & Casinos subindustry, Genting 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.


Genting Bhd Price-to-Net-Net-Working-Capital vs Travel & Leisure Industry

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

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


XKLS:3182
70GF Score
Genting Bhd XKLS:3182
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genting Bhd Net-Net Working Capital Calculation

Genting 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)
=(19222.9+0.75 * 2675.8+0.5 * 1073.4-53841.2
-0-17368.8)/3850.576
=-12.84

Genting 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)
=(18564.5+0.75 * 3285.3+0.5 * 1089.1-55908
-0-17194.2)/3850.576
=-13.38

* 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-13.38 mean?
Genting Bhd (XKLS:3182) has a Net-Net Working Capital of RM-13.38 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 Genting Bhd According to the industry distribution chart, Genting Bhd ranks #999999 out of 212 companies in the Travel & Leisure industry.
Is Genting Bhd's Net-Net Working Capital too high?
Genting Bhd's current Net-Net Working Capital is RM-13.38. Based on the distribution chart, Genting Bhd ranks #999999 out of 212 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Genting Bhd has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Genting Bhd's Net-Net Working Capital compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Genting Bhd ranks #999999 out of 212 companies for Net-Net Working Capital. This places Genting Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 6.73. 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 6.73, based on 212 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 Genting Bhd For the Travel & Leisure industry, the median Net-Net Working Capital is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genting Bhd's current Net-Net Working Capital is RM-13.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genting Bhd stock overvalued right now?
Based on GuruFocus' analysis, Genting Bhd (XKLS:3182) is currently considered Possible Value Trap. The stock's GF Value™ is RM3.94, compared to a current price of RM2.10 — trading 46.7% below its estimated fair value. The current Net-Net Working Capital is RM-13.38. Genting Bhd's overall GF Score™ is 70/100 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 Genting Bhd (XKLS:3182), the current Net-Net Working Capital is RM-13.38 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 Genting Bhd (XKLS:3182) Overvalued in 2026?

Based on GuruFocus' analysis, Genting Bhd stock appears to be undervalued. The current stock price of RM2.10 is trading 46.7% below its estimated GF Value™ of RM3.94. GuruFocus considers Genting Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3182:

  • Net-Net Working Capital: RM-13.38
  • GF Value™: RM3.94 vs. price of RM2.10 (46.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the XKLS:3182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Genting Bhd Business Description

Other Exchanges GEBHY:USAGEBHF:USA
Address Jalan Sultan Ismail, 14th Floor, Wisma Genting, Kuala Lumpur, MYS, 50250
Genting Bhd is a diversified holdings company operating in the resorts and casinos industry. The company's primary business segment is Leisure & Hospitality, but the business has several smaller segments: Plantation, Power, Property, and Oil & Gas. The Leisure & Hospitality segment operates numerous resorts across various countries, many of which have casinos, theme parks, concerts, restaurants, and retail shopping locations. Additionally, the company has diversified segments, which control farmland, oil and gas, and real estate. The company generates the vast majority of its revenue from Malaysia and Singapore.
70GF Score

Get the complete analysis for XKLS:3182

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

RM2.10
Price
RM3.94
GF Value