IQ Group Holdings Bhd (XKLS:5107) Net-Net Working Capital: RM0.81 (As of Mar. 2026)

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XKLS:5107 IQ Group Holdings Bhd XKLS:5107
34 GF Score
Price RM0.45
GF Value RM0.55
Valuation Modestly Undervalued
! 3 Warning Signs
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What is IQ Group Holdings Bhd Net-Net Working Capital?

IQ Group Holdings Bhd XKLS:5107 34 Net-Net Working Capital is RM0.81 as of Mar. 2026. GuruFocus rates XKLS:5107 with a GF Score™ of 34/100 and a GF Value™ of RM0.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 440 Business Services companies, IQ Group Holdings Bhd ranks better than 98.86% 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.

IQ Group Holdings Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.81.

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

XKLS:5107's Price-to-Net-Net-Working-Capital is ranked better than
98.86% of 440 companies
in the Business Services industry
Industry Median: 5.78 vs XKLS:5107: 0.56

IQ Group Holdings Bhd  (XKLS:5107) 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.


IQ Group Holdings Bhd Net-Net Working Capital Related Terms


IQ Group Holdings Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for IQ Group 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.

IQ Group Holdings Bhd Net-Net Working Capital Chart

IQ Group Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.77 0.89 0.91 0.81

IQ Group Holdings 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 0.91 0.96 0.94 0.89 0.81

XKLS:5107 vs ALLE, MSA, ADT: Net-Net Working Capital Comparison

For the Security & Protection Services subindustry, IQ Group 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.


IQ Group Holdings Bhd Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, IQ Group Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:5107
34GF Score
IQ Group Holdings Bhd XKLS:5107
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IQ Group Holdings Bhd Net-Net Working Capital Calculation

IQ Group Holdings Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(56.266+0.75 * 29.627+0.5 * 24.7-19.756
-0-0)/88.029
=0.81

IQ Group Holdings 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)
=(56.266+0.75 * 29.627+0.5 * 24.7-19.756
-0-0)/88.029
=0.81

* 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 RM0.81 mean?
IQ Group Holdings Bhd (XKLS:5107) has a Net-Net Working Capital of RM0.81 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 IQ Group Holdings Bhd According to the industry distribution chart, IQ Group Holdings Bhd ranks #5 out of 440 companies in the Business Services industry, placing it in the top 1.1%.
Is IQ Group Holdings Bhd's Net-Net Working Capital too high?
IQ Group Holdings Bhd's current Net-Net Working Capital is RM0.81. Based on the distribution chart, IQ Group Holdings Bhd ranks #5 out of 440 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, IQ Group Holdings Bhd has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IQ Group Holdings Bhd's Net-Net Working Capital compare to ALLE and MSA?
According to the Business Services industry distribution chart, IQ Group Holdings Bhd ranks #5 out of 440 companies for Net-Net Working Capital. This places IQ Group Holdings Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.78. 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.78, based on 440 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 IQ Group Holdings Bhd For the Business Services industry, the median Net-Net Working Capital is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IQ Group Holdings Bhd's current Net-Net Working Capital is RM0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IQ Group Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, IQ Group Holdings Bhd (XKLS:5107) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.55, compared to a current price of RM0.45 — trading 18.2% below its estimated fair value. The current Net-Net Working Capital is RM0.81. IQ Group Holdings Bhd's overall GF Score™ is 34/100 with 3 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 IQ Group Holdings Bhd (XKLS:5107), the current Net-Net Working Capital is RM0.81 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 IQ Group Holdings Bhd (XKLS:5107) Overvalued in 2026?

Based on GuruFocus' analysis, IQ Group Holdings Bhd stock appears to be undervalued. The current stock price of RM0.45 is trading 18.2% below its estimated GF Value™ of RM0.55. GuruFocus considers IQ Group Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5107:

  • Net-Net Working Capital: RM0.81
  • GF Value™: RM0.55 vs. price of RM0.45 (18.2% below fair value)
  • GF Score™: 34/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IQ Group Holdings Bhd Business Description

Address Plot 149, Jalan Sultan Azlan Shah, Taman Perindustrian Bayan Lepas, Fasa 1 (FTZ), Bayan Lepas, PNG, MYS, 11900
IQ Group Holdings Bhd is engaged in the design and manufacture of lighting, security, and convenience products. The group has three business divisions, namely, Investment holding which offers management services; Manufacturing of motion sensor light controllers, wireless video communication devices, doorbells, home security system, lighting fixtures, sensor product, wireless product, security product and household electrical appliances; and trading of motion sensors, sensor lighting, and wireless door entry products. The company carries out its business operations in international countries and generates key revenue from the Manufacturing segment.
34GF Score

Get the complete analysis for XKLS:5107

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

RM0.45
Price
RM0.55
GF Value