Ingenieur Gudang Bhd (XKLS:5178) Net-Net Working Capital: RM-0.02 (As of May. 2026)

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What is Ingenieur Gudang Bhd Net-Net Working Capital?

Ingenieur Gudang Bhd XKLS:5178 Net-Net Working Capital is RM-0.02 as of May. 2026. The stock has 5 warning signs investors should review. Among 478 Construction companies, Ingenieur Gudang 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.

Ingenieur Gudang Bhd's Net-Net Working Capital for the quarter that ended in May. 2026 was RM-0.02.

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

XKLS:5178'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.

Ingenieur Gudang Bhd  (XKLS:5178) 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.


Ingenieur Gudang Bhd Net-Net Working Capital Related Terms


Ingenieur Gudang Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Ingenieur Gudang 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.

Ingenieur Gudang Bhd Net-Net Working Capital Chart

Ingenieur Gudang Bhd Annual Data
Trend Dec14 May16 May17 May18 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.15 -0.05 -0.03 -0.03

Ingenieur Gudang Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -0.02 -0.03 -0.03 -0.03 -0.02

XKLS:5178 vs PWR, FIX, EME: Net-Net Working Capital Comparison

For the Engineering & Construction subindustry, Ingenieur Gudang 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.


Ingenieur Gudang Bhd Price-to-Net-Net-Working-Capital vs Construction Industry

For the Construction industry and Industrials sector, Ingenieur Gudang Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Ingenieur Gudang Bhd Net-Net Working Capital Calculation

Ingenieur Gudang Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2025 is calculated as

Net-Net Working Capital(A: Nov. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.403+0.75 * 27.689+0.5 * 0-63.322
-0-6)/1516.593
=-0.03

Ingenieur Gudang Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2026 is calculated as

Net-Net Working Capital(Q: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.332+0.75 * 7.701+0.5 * 21.381-51.942
-0-6)/1530.222
=-0.02

* 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-0.02 mean?
Ingenieur Gudang Bhd (XKLS:5178) has a Net-Net Working Capital of RM-0.02 as of May. 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 Ingenieur Gudang Bhd According to the industry distribution chart, Ingenieur Gudang Bhd ranks #999999 out of 478 companies in the Construction industry.
Is Ingenieur Gudang Bhd's Net-Net Working Capital too high?
Ingenieur Gudang Bhd's current Net-Net Working Capital is RM-0.02. Based on the distribution chart, Ingenieur Gudang Bhd ranks #999999 out of 478 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Ingenieur Gudang Bhd's Net-Net Working Capital compare to PWR and FIX?
According to the Construction industry distribution chart, Ingenieur Gudang Bhd ranks #999999 out of 478 companies for Net-Net Working Capital. This places Ingenieur Gudang 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 Ingenieur Gudang 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. Ingenieur Gudang Bhd's current Net-Net Working Capital is RM-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingenieur Gudang Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ingenieur Gudang Bhd (XKLS:5178) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.04 — trading 12.5% below its estimated fair value. The current Net-Net Working Capital is RM-0.02. 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 Ingenieur Gudang Bhd (XKLS:5178), the current Net-Net Working Capital is RM-0.02 as of May. 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.

Ingenieur Gudang Bhd Business Description

Address Taman Perindustrian UEP, Ground Floor, No.3, Jalan TP 2, Subang Jaya, Subang Jaya, SGR, MYS, 47600
Ingenieur Gudang Bhd is a Malaysia-based company involved in the construction and property investment businesses. The segments include Property investment and others, and construction. The company earns maximum revenue from the Construction segment.