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.
AME REIT's Net-Net Working Capital for the quarter that ended in Jun. 2026 was RM-0.62.
The industry rank for AME REIT's Net-Net Working Capital or its related term are showing as below:
XKLS:5307's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 17.27 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
AME REIT (XKLS:5307) 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.
AME REIT Net-Net Working Capital Related Terms
AME REIT Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for AME REIT'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.
XKLS:5307 vs PLD, PSA, EXR: Net-Net Working Capital Comparison
For the REIT - Industrial subindustry, AME REIT'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.
AME REIT Price-to-Net-Net-Working-Capital vs REITs Industry
For the REITs industry and Real Estate sector, AME REIT's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where AME REIT'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-0.62 mean?
AME REIT (XKLS:5307) has a Net-Net Working Capital of RM-0.62 as of Jun. 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 AME REIT According to the industry distribution chart, AME REIT ranks #999999 out of 111 companies in the REITs industry.
Is AME REIT's Net-Net Working Capital too high?
AME REIT's current Net-Net Working Capital is RM-0.62. Based on the distribution chart, AME REIT ranks #999999 out of 111 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, AME REIT has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AME REIT's Net-Net Working Capital compare to PLD and PSA?
According to the REITs industry distribution chart, AME REIT ranks #999999 out of 111 companies for Net-Net Working Capital. This places AME REIT in the lower half of its industry. The industry median Net-Net Working Capital is 17.27. 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 REITs company?
The median Net-Net Working Capital among REITs companies is 17.27, based on 111 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 AME REIT For the REITs industry, the median Net-Net Working Capital is 17.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AME REIT's current Net-Net Working Capital is RM-0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AME REIT stock overvalued right now?
Based on GuruFocus' analysis, AME REIT (XKLS:5307) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.91, compared to a current price of RM1.55 — trading 18.8% below its estimated fair value. The current Net-Net Working Capital is RM-0.62. AME REIT's overall GF Score™ is 84/100 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 AME REIT (XKLS:5307), the current Net-Net Working Capital is RM-0.62 as of Jun. 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 AME REIT (XKLS:5307) Overvalued in 2026?
Based on GuruFocus' analysis, AME REIT stock appears to be undervalued.
The current stock price of RM1.55 is trading 18.8% below its estimated GF Value™ of RM1.91.
GuruFocus considers AME REIT to be Modestly Undervalued.
Key valuation signals for XKLS:5307:
Net-Net Working Capital: RM-0.62
GF Value™: RM1.91 vs. price of RM1.55 (18.8% below fair value)
No single metric tells the full story. See the XKLS:5307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AME REIT invests directly and indirectly in a Shariah compliant portfolio of income-producing real estate used predominantly for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of various subject properties, mostly industrial properties and some industrial related properties known as Dormitories, which are freehold properties.
84GF Score
Get the complete analysis for XKLS:5307
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5307 has been successfully added to your 
