PCCS Group Bhd (XKLS:6068) Net-Net Working Capital: RM-0.26 (As of Mar. 2026)

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XKLS:6068 PCCS Group Bhd XKLS:6068
51 GF Score
Price RM0.27
GF Value RM0.48
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is PCCS Group Bhd Net-Net Working Capital?

PCCS Group Bhd XKLS:6068 51 Net-Net Working Capital is RM-0.26 as of Mar. 2026. GuruFocus rates XKLS:6068 with a GF Score™ of 51/100 and a GF Value™ of RM0.48 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 368 Manufacturing - Apparel & Accessories companies, PCCS Group Bhd ranks worse than 271738.86% 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.

PCCS Group Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.26.

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

XKLS:6068's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.565
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PCCS Group Bhd  (XKLS:6068) 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.


PCCS Group Bhd Net-Net Working Capital Related Terms


PCCS Group Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for PCCS Group 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.

PCCS Group Bhd Net-Net Working Capital Chart

PCCS Group Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.04 -0.20 -0.25 -0.26

PCCS Group 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 -0.25 -0.12 -0.14 -0.15 -0.26

XKLS:6068 vs RL, LEVI, VFC: Net-Net Working Capital Comparison

For the Apparel Manufacturing subindustry, PCCS Group 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.


PCCS Group Bhd Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PCCS Group Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:6068
51GF Score
PCCS Group Bhd XKLS:6068
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCCS Group Bhd Net-Net Working Capital Calculation

PCCS Group Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(52.853+0.75 * 65.723+0.5 * 85.21-200.482
-0-1.73)/220.590
=-0.26

PCCS Group 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)
=(52.853+0.75 * 65.723+0.5 * 85.21-200.482
-0-1.73)/220.590
=-0.26

* 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-0.26 mean?
PCCS Group Bhd (XKLS:6068) has a Net-Net Working Capital of RM-0.26 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 PCCS Group Bhd According to the industry distribution chart, PCCS Group Bhd ranks #999999 out of 368 companies in the Manufacturing - Apparel & Accessories industry.
Is PCCS Group Bhd's Net-Net Working Capital too high?
PCCS Group Bhd's current Net-Net Working Capital is RM-0.26. Based on the distribution chart, PCCS Group Bhd ranks #999999 out of 368 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, PCCS Group Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PCCS Group Bhd's Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PCCS Group Bhd ranks #999999 out of 368 companies for Net-Net Working Capital. This places PCCS Group Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 5.57. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.57, based on 368 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 PCCS Group Bhd For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCCS Group Bhd's current Net-Net Working Capital is RM-0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCCS Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, PCCS Group Bhd (XKLS:6068) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.48, compared to a current price of RM0.27 — trading 43.8% below its estimated fair value. The current Net-Net Working Capital is RM-0.26. PCCS Group Bhd's overall GF Score™ is 51/100 with 4 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 PCCS Group Bhd (XKLS:6068), the current Net-Net Working Capital is RM-0.26 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 PCCS Group Bhd (XKLS:6068) Overvalued in 2026?

Based on GuruFocus' analysis, PCCS Group Bhd stock appears to be undervalued. The current stock price of RM0.27 is trading 43.8% below its estimated GF Value™ of RM0.48. GuruFocus considers PCCS Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:6068:

  • Net-Net Working Capital: RM-0.26
  • GF Value™: RM0.48 vs. price of RM0.27 (43.8% below fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the XKLS:6068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PCCS Group Bhd Business Description

Address Jalan Kluang, Lot 1376, GM 127, Mukim Simpang Kanan, Batu Pahat, JHR, MYS, 83000
PCCS Group Bhd is an investment holding company. Along with its subsidiaries, it operates in the following four reportable operating segments: Apparel, Label and Packaging, Credit financing, and Others. The majority of its revenue is generated from the Apparel segment, which is engaged in the manufacturing and marketing of apparels, manufacturing of seamless bonding, embroidering of logos and emblems, printing and marketing of silk screen printing products. The Label and Packaging segment involves the printing of labels and stickers, and the Credit financing segment provides financial services, including money lending, loan negotiation, and other financing solutions. Geographically, the group generates maximum revenue from Hong Kong, followed by the PRC, Cambodia, Malaysia, and Singapore.
51GF Score

Get the complete analysis for XKLS:6068

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

RM0.27
Price
RM0.48
GF Value