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Mudajaya Group BhdXKLS:5085 11 Net-Net Working Capital is RM-1.29 as of Mar. 2026. GuruFocus rates XKLS:5085 with a GF Score™ of 11/100 and a GF Value™ of RM0.24 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 478 Construction companies, Mudajaya Group Bhd ranks worse than 209204.81% 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.
Mudajaya Group Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-1.29.
The industry rank for Mudajaya Group Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:5085's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.275 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Mudajaya Group Bhd (XKLS:5085) 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.
Mudajaya Group Bhd Net-Net Working Capital Related Terms
Mudajaya Group Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Mudajaya Group 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:5085 vs PWR, FIX, EME: Net-Net Working Capital Comparison
For the Engineering & Construction subindustry, Mudajaya Group 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.
Mudajaya Group Bhd Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Mudajaya Group Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Mudajaya Group 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-1.29 mean?
Mudajaya Group Bhd (XKLS:5085) has a Net-Net Working Capital of RM-1.29 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 Mudajaya Group Bhd According to the industry distribution chart, Mudajaya Group Bhd ranks #999999 out of 478 companies in the Construction industry.
Is Mudajaya Group Bhd's Net-Net Working Capital too high?
Mudajaya Group Bhd's current Net-Net Working Capital is RM-1.29. Based on the distribution chart, Mudajaya Group Bhd ranks #999999 out of 478 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Mudajaya Group Bhd has a GF Score™ of 11/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mudajaya Group Bhd's Net-Net Working Capital compare to PWR and FIX?
According to the Construction industry distribution chart, Mudajaya Group Bhd ranks #999999 out of 478 companies for Net-Net Working Capital. This places Mudajaya Group Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 6.28. 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 Construction company?
The median Net-Net Working Capital among Construction companies is 6.28, based on 478 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 Mudajaya Group Bhd For the Construction industry, the median Net-Net Working Capital is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mudajaya Group Bhd's current Net-Net Working Capital is RM-1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mudajaya Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mudajaya Group Bhd (XKLS:5085) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.28 — trading 16.7% above its estimated fair value. The current Net-Net Working Capital is RM-1.29. Mudajaya Group Bhd's overall GF Score™ is 11/100 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 Mudajaya Group Bhd (XKLS:5085), the current Net-Net Working Capital is RM-1.29 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 Mudajaya Group Bhd (XKLS:5085) Overvalued in 2026?
Based on GuruFocus' analysis, Mudajaya Group Bhd stock appears to be overvalued.
The current stock price of RM0.28 is trading 16.7% above its estimated GF Value™ of RM0.24.
GuruFocus considers Mudajaya Group Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5085:
Net-Net Working Capital: RM-1.29
GF Value™: RM0.24 vs. price of RM0.28 (16.7% above fair value)
No single metric tells the full story. See the XKLS:5085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mudajaya Group Bhd along with its subsidiaries, the firm operates in five reportable segments including Construction, Property, Power, Trading and manufacturing, Investment and others. The construction segment is engaged in undertaking engineering, construction works, and equipment procurement. The property segment develops residential and commercial properties. The power segment is engaged in the sale of power energy. The trading and manufacturing segment is engaged in the sales and manufacturing of construction-related products. It operates in Malaysia, Indonesia, India, the Republic of Mauritius, and Negara Brunei Darussalam. The company generates the majority of its revenue from the trading and manufacturing segment.
11GF Score
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