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CapitaLand Malaysia Trust (XKLS:5180) Net-Net Working Capital : RM-0.80 (As of Mar. 2024)


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What is CapitaLand Malaysia Trust Net-Net Working Capital?

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.

CapitaLand Malaysia Trust's Net-Net Working Capital for the quarter that ended in Mar. 2024 was RM-0.80.

The industry rank for CapitaLand Malaysia Trust's Net-Net Working Capital or its related term are showing as below:

XKLS:5180's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 15.1
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

CapitaLand Malaysia Trust Net-Net Working Capital Historical Data

The historical data trend for CapitaLand Malaysia Trust'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.

* Premium members only.

CapitaLand Malaysia Trust Net-Net Working Capital Chart

CapitaLand Malaysia Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.71 -0.71 -0.68 -0.68 -0.83

CapitaLand Malaysia Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.87 -0.84 -0.85 -0.83 -0.80

Competitive Comparison of CapitaLand Malaysia Trust's Net-Net Working Capital

For the REIT - Retail subindustry, CapitaLand Malaysia Trust'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.


CapitaLand Malaysia Trust's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CapitaLand Malaysia Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where CapitaLand Malaysia Trust's Price-to-Net-Net-Working-Capital falls into.



CapitaLand Malaysia Trust Net-Net Working Capital Calculation

CapitaLand Malaysia Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(77.952+0.75 * 5.224+0.5 * 0-2369.603
-0-0)/2740.46
=-0.83

CapitaLand Malaysia Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(72.778+0.75 * 33.308+0.5 * 0-2362.104
-0-0)/2825.58
=-0.80

* 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.


CapitaLand Malaysia Trust  (XKLS:5180) 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.


CapitaLand Malaysia Trust Net-Net Working Capital Related Terms

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CapitaLand Malaysia Trust (XKLS:5180) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Persiaran KLCC, Unit No.1-27, Level 27, Naza Tower, Kuala Lumpur, MYS, 50088
CapitaLand Malaysia Trust is a property investment trust that focuses on retail properties in Malaysia. its portfolio of quality assets comprises five retail properties, an office and a logistics park. Its retail and office properties are strategically located across three key urban centers: Gurney Plaza in Penang; four in Klang Valley a majority interest in Sungei Wang Plaza in Kuala Lumpur; 3 Damansara and 3 Damansara Office Tower in Petaling Jaya; and The Mines in Seri Kembangan; and East Coast Mall in Kuantan, Pahang. The company operates in two reportable segments Retail and Others.

CapitaLand Malaysia Trust (XKLS:5180) Headlines

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