Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Ho Hup Construction Co Bhd's Net-Net Working Capital for the quarter that ended in Jun. 2025 was RM-0.49.
The industry rank for Ho Hup Construction Co Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:5169's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.53 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Ho Hup Construction Co Bhd (XKLS:5169) 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.
Ho Hup Construction Co Bhd Net-Net Working Capital Related Terms
Ho Hup Construction Co Bhd Net-Net Working Capital Historical Data
* 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.
Ho Hup Construction Co Bhd Net-Net Working Capital Chart
XKLS:5169 vs PWR, FIX, EME: Net-Net Working Capital Comparison
For the Engineering & Construction subindustry, Ho Hup Construction Co 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.
Ho Hup Construction Co Bhd Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Ho Hup Construction Co Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Ho Hup Construction Co 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-0.49 mean?
Ho Hup Construction Co Bhd (XKLS:5169) has a Net-Net Working Capital of RM-0.49 as of Jun. 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 Ho Hup Construction Co Bhd
Is Ho Hup Construction Co Bhd's Net-Net Working Capital too high?
Ho Hup Construction Co Bhd's current Net-Net Working Capital is RM-0.49.
How does Ho Hup Construction Co Bhd's Net-Net Working Capital compare to PWR and FIX?
Ho Hup Construction Co Bhd's Net-Net Working Capital of RM-0.49 can be compared against companies in the Construction industry. The industry median Net-Net Working Capital is 6.53. 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 6.53, based on 481 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 Ho Hup Construction Co Bhd For the Construction industry, the median Net-Net Working Capital is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Hup Construction Co Bhd's current Net-Net Working Capital is RM-0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Hup Construction Co Bhd stock overvalued right now?
Ho Hup Construction Co Bhd (XKLS:5169) has a current Net-Net Working Capital of RM-0.49. The current Net-Net Working Capital is RM-0.49. 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 Ho Hup Construction Co Bhd (XKLS:5169), the current Net-Net Working Capital is RM-0.49 as of Jun. 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.
Ho Hup Construction Co Bhd provides construction and related services. The operating business segments of the group are Construction, Property development, Building materials, and Others. The majority of its revenue is generated from the Property development segment, which is engaged in the development of residential and commercial properties. The Construction segment is involved in foundation and civil engineering, building contracting works and engineering, procurement, construction, and commissioning of pipeline systems; the Building materials segment manufactures ready-mixed concrete and quarry; and the Others segment includes trading services and asset and retail management. Substantially all the group's revenue is derived from Malaysia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5169 has been successfully added to your 
