Karex Bhd (XKLS:5247) Net-Net Working Capital: RM-0.12 (As of Mar. 2026)

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XKLS:5247 Karex Bhd XKLS:5247
25 GF Score
Price RM0.49
GF Value RM0.76
Valuation Possible Value Trap
! 6 Warning Signs
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What is Karex Bhd Net-Net Working Capital?

Karex Bhd XKLS:5247 +2.11% 25 Net-Net Working Capital is RM-0.12 as of Mar. 2026. GuruFocus rates XKLS:5247 with a GF Score™ of 25/100 and a GF Value™ of RM0.76 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 663 Consumer Packaged Goods companies, Karex Bhd ranks worse than 150829.41% 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.

Karex Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.12.

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

XKLS:5247's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Karex Bhd  (XKLS:5247) 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.


Karex Bhd Net-Net Working Capital Related Terms


Karex Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Karex 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.

Karex Bhd Net-Net Working Capital Chart

Karex Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.05 -0.05 -0.03 -0.10

Karex 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 -0.03 -0.10 -0.10 -0.11 -0.12

XKLS:5247 vs PG, CL, KVUE: Net-Net Working Capital Comparison

For the Household & Personal Products subindustry, Karex 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.


Karex Bhd Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Karex Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:5247
25GF Score
Karex Bhd XKLS:5247
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karex Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(31.953+0.75 * 109.742+0.5 * 158.743-298.206
-0-0)/1053.461
=-0.10

Karex 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)
=(39.784+0.75 * 101.421+0.5 * 177.333-332.023
-0-0)/1053.000
=-0.12

* 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-0.12 mean?
Karex Bhd (XKLS:5247) has a Net-Net Working Capital of RM-0.12 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 Karex Bhd According to the industry distribution chart, Karex Bhd ranks #999999 out of 663 companies in the Consumer Packaged Goods industry.
Is Karex Bhd's Net-Net Working Capital too high?
Karex Bhd's current Net-Net Working Capital is RM-0.12. Based on the distribution chart, Karex Bhd ranks #999999 out of 663 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Karex Bhd has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Karex Bhd's Net-Net Working Capital compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Karex Bhd ranks #999999 out of 663 companies for Net-Net Working Capital. This places Karex Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 6.75. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.75, based on 663 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 Karex Bhd For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karex Bhd's current Net-Net Working Capital is RM-0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karex Bhd stock overvalued right now?
Based on GuruFocus' analysis, Karex Bhd (XKLS:5247) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.76, compared to a current price of RM0.49 — trading 36.2% below its estimated fair value. The current Net-Net Working Capital is RM-0.12. Karex Bhd's overall GF Score™ is 25/100 with 6 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 Karex Bhd (XKLS:5247), the current Net-Net Working Capital is RM-0.12 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 Karex Bhd (XKLS:5247) Overvalued in 2026?

Based on GuruFocus' analysis, Karex Bhd stock appears to be undervalued. The current stock price of RM0.49 is trading 36.2% below its estimated GF Value™ of RM0.76. GuruFocus considers Karex Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5247:

  • Net-Net Working Capital: RM-0.12
  • GF Value™: RM0.76 vs. price of RM0.49 (36.2% below fair value)
  • GF Score™: 25/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Karex Bhd Business Description

Address Lot 594, Persiaran Raja Lumu, Pandamaran Industrial Estate, Port Klang, SGR, MYS, 42000
Karex Bhd is a Malaysian investment holding company. Along with its subsidiaries, its main business activities comprise investment holding, manufacture, and sale of sexual wellness, medical, and other health-related products. These activities are located in Malaysia, Thailand, the United States of America, and the United Kingdom. It is principally engaged in manufacturing and selling condoms, personal lubricants, latex probe covers, oral dams, and others. The operating segments of the company are Sexual wellness, which generates maximum profits, Medical, and Others. Geographically, it derives key revenue from the Americas and the rest from Asia, Europe, and Africa.
25GF Score

Get the complete analysis for XKLS:5247

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

RM0.49
Price
RM0.76
GF Value