Cuckoo International (MAL) Bhd (XKLS:5336) Net-Net Working Capital: RM-0.06 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:5336 Cuckoo International (MAL) Bhd XKLS:5336
15 GF Score
Price RM0.40
! 3 Warning Signs
View Full Analysis

What is Cuckoo International (MAL) Bhd Net-Net Working Capital?

Cuckoo International (MAL) Bhd XKLS:5336 -1.23% 15 Net-Net Working Capital is RM-0.06 as of Mar. 2026. GuruFocus rates XKLS:5336 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 178 Furnishings, Fixtures & Appliances companies, Cuckoo International (MAL) Bhd ranks worse than 561797.19% 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.

Cuckoo International (MAL) Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.06.

The industry rank for Cuckoo International (MAL) Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:5336's Price-to-Net-Net-Working-Capital is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 7.105
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Cuckoo International (MAL) Bhd  (XKLS:5336) 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.


Cuckoo International (MAL) Bhd Net-Net Working Capital Related Terms


Cuckoo International (MAL) Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Cuckoo International (MAL) 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.

Cuckoo International (MAL) Bhd Net-Net Working Capital Chart

Cuckoo International (MAL) Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-0.20 -0.10 -0.08 -0.18 -0.08

Cuckoo International (MAL) Bhd Quarterly Data
Dec21 Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.10 -0.10 -0.08 -0.06

XKLS:5336 vs SN, SGI, MHK: Net-Net Working Capital Comparison

For the Furnishings, Fixtures & Appliances subindustry, Cuckoo International (MAL) 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.


Cuckoo International (MAL) Bhd Price-to-Net-Net-Working-Capital vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Cuckoo International (MAL) Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Cuckoo International (MAL) Bhd's Price-to-Net-Net-Working-Capital falls into.


XKLS:5336
15GF Score
Cuckoo International (MAL) Bhd XKLS:5336
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cuckoo International (MAL) Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(61.613+0.75 * 376.841+0.5 * 122.909-516.392
-0--2.388)/1432.800
=-0.08

Cuckoo International (MAL) 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)
=(70.547+0.75 * 358.72+0.5 * 110.413-478.017
-0--2.425)/1432.800
=-0.06

* 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-0.06 mean?
Cuckoo International (MAL) Bhd (XKLS:5336) has a Net-Net Working Capital of RM-0.06 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 Cuckoo International (MAL) Bhd According to the industry distribution chart, Cuckoo International (MAL) Bhd ranks #999999 out of 178 companies in the Furnishings, Fixtures & Appliances industry.
Is Cuckoo International (MAL) Bhd's Net-Net Working Capital too high?
Cuckoo International (MAL) Bhd's current Net-Net Working Capital is RM-0.06. Based on the distribution chart, Cuckoo International (MAL) Bhd ranks #999999 out of 178 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Cuckoo International (MAL) Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Cuckoo International (MAL) Bhd's Net-Net Working Capital compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Cuckoo International (MAL) Bhd ranks #999999 out of 178 companies for Net-Net Working Capital. This places Cuckoo International (MAL) Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 7.11. 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 Furnishings, Fixtures & Appliances company?
The median Net-Net Working Capital among Furnishings, Fixtures & Appliances companies is 7.11, based on 178 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 Cuckoo International (MAL) Bhd For the Furnishings, Fixtures & Appliances industry, the median Net-Net Working Capital is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cuckoo International (MAL) Bhd's current Net-Net Working Capital is RM-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cuckoo International (MAL) Bhd stock overvalued right now?
Cuckoo International (MAL) Bhd (XKLS:5336) has a current Net-Net Working Capital of RM-0.06. The current Net-Net Working Capital is RM-0.06. Cuckoo International (MAL) Bhd's overall GF Score™ is 15/100 with 3 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 Cuckoo International (MAL) Bhd (XKLS:5336), the current Net-Net Working Capital is RM-0.06 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.

Cuckoo International (MAL) Bhd Business Description

Address No. 105, Jalan Ampang, Level 16, Menara Bangkok Bank, Laman Sentral Berjaya, Kuala Lumpur, MYS, 50450
Cuckoo International (MAL) Bhd is principally involved in the trading and rental of home appliances, mattresses and furniture, the trading of beauty care products, provision of home care services, and investment holding activities. The company has two reportable segments CUCKOO-Branded products Includes trading and rental of water purifiers, air purifiers, rice cookers, kitchen appliances, washers, treadmills and massage sofas; and CUCKOO Co-Created products Includes trading and rental of mattresses, bed frames, air-conditioners, massage chairs, smartphones, refrigerators, smart TVs, air dressers and washing machines of which company generates majority of revenue from CUCKOO-Branded products. The business activities of the Group are predominantly located in Malaysia.
15GF Score

Get the complete analysis for XKLS:5336

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

RM0.40
Price