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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.
The industry rank for Prolintas Infra Business Trust's Net-Net Working Capital or its related term are showing as below:
XKLS:5320's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.63 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Prolintas Infra Business Trust (XKLS:5320) 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.
Prolintas Infra Business Trust Net-Net Working Capital Related Terms
Prolintas Infra Business Trust 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.
Prolintas Infra Business Trust Net-Net Working Capital Chart
Prolintas Infra Business Trust Net-Net Working Capital Competitor Comparison
For the Infrastructure Operations subindustry, Prolintas Infra Business 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.
Prolintas Infra Business Trust Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Prolintas Infra Business Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Prolintas Infra Business Trust'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-2.27 mean?
Prolintas Infra Business Trust (XKLS:5320) has a Net-Net Working Capital of RM-2.27 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 Prolintas Infra Business Trust According to the industry distribution chart, Prolintas Infra Business Trust ranks #999999 out of 481 companies in the Construction industry.
Is Prolintas Infra Business Trust's Net-Net Working Capital too high?
Prolintas Infra Business Trust's current Net-Net Working Capital is RM-2.27. Based on the distribution chart, Prolintas Infra Business Trust ranks #999999 out of 481 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Prolintas Infra Business Trust has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Prolintas Infra Business Trust's Net-Net Working Capital compare to competitors?
According to the Construction industry distribution chart, Prolintas Infra Business Trust ranks #999999 out of 481 companies for Net-Net Working Capital. This places Prolintas Infra Business Trust in the lower half of its industry. The industry median Net-Net Working Capital is 6.63. 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 6.63, 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 Prolintas Infra Business Trust For the Construction industry, the median Net-Net Working Capital is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prolintas Infra Business Trust's current Net-Net Working Capital is RM-2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prolintas Infra Business Trust stock overvalued right now?
Prolintas Infra Business Trust (XKLS:5320) has a current Net-Net Working Capital of RM-2.27. The current Net-Net Working Capital is RM-2.27. Prolintas Infra Business Trust's overall GF Score™ is 23/100 with 8 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 Prolintas Infra Business Trust (XKLS:5320), the current Net-Net Working Capital is RM-2.27 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.
Prolintas Infra Business Trust, through its subsidiaries, is predominantly involved in the toll collection, construction, operation, and maintenance of the Highways. Its objective is to deliver stable and sustainable distributions to its unitholders by optimising the cash flows generated from its portfolio of mature highway assets. The trust group manages several highways in Malaysia, including Ampang-Kuala Lumpur Elevated Highway (AKLEH), Guthrie Corridor Expressway (GCE), Lebuhraya Kemuning-Shah Alam (LKSA), and Sistem Lingkaran Lebuhraya Kajang (SILK). In addition, it develops and provides ancillary facilities that complement the highway operations to enhance the experience and convenience of road users.
23GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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