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MKH BhdXKLS:6114 -0.50%45 Net-Net Working Capital is RM-0.46 as of Mar. 2026. GuruFocus rates XKLS:6114 with a GF Score™ of 45/100 and a GF Value™ of RM0.91 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 329 Real Estate companies, MKH Bhd ranks worse than 303951.06% 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.
MKH Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.46.
The industry rank for MKH Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:6114's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.81 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
MKH Bhd (XKLS:6114) 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.
MKH Bhd Net-Net Working Capital Related Terms
MKH Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for MKH 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.
MKH Bhd Net-Net Working Capital Competitor Comparison
For the Real Estate - Development subindustry, MKH 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.
MKH Bhd Price-to-Net-Net-Working-Capital vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MKH Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where MKH Bhd'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-0.46 mean?
MKH Bhd (XKLS:6114) has a Net-Net Working Capital of RM-0.46 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 MKH Bhd According to the industry distribution chart, MKH Bhd ranks #999999 out of 329 companies in the Real Estate industry.
Is MKH Bhd's Net-Net Working Capital too high?
MKH Bhd's current Net-Net Working Capital is RM-0.46. Based on the distribution chart, MKH Bhd ranks #999999 out of 329 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, MKH Bhd has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKH Bhd's Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, MKH Bhd ranks #999999 out of 329 companies for Net-Net Working Capital. This places MKH Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 4.81. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.81, based on 329 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 MKH Bhd For the Real Estate industry, the median Net-Net Working Capital is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKH Bhd's current Net-Net Working Capital is RM-0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKH Bhd stock overvalued right now?
Based on GuruFocus' analysis, MKH Bhd (XKLS:6114) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.91, compared to a current price of RM1.98 — trading 117.6% above its estimated fair value. The current Net-Net Working Capital is RM-0.46. MKH Bhd's overall GF Score™ is 45/100 with 12 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 MKH Bhd (XKLS:6114), the current Net-Net Working Capital is RM-0.46 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 MKH Bhd (XKLS:6114) Overvalued in 2026?
Based on GuruFocus' analysis, MKH Bhd stock appears to be overvalued.
The current stock price of RM1.98 is trading 117.6% above its estimated GF Value™ of RM0.91.
GuruFocus considers MKH Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:6114:
Net-Net Working Capital: RM-0.46
GF Value™: RM0.91 vs. price of RM1.98 (117.6% above fair value)
No single metric tells the full story. See the XKLS:6114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MKH Bhd is an investment holding and management service company. The group's principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; Trading; Manufacturing and Investment holding. It generates maximum revenue from Property Development and Construction segment. Geographically, it derives a majority of its revenue from Malaysia.
45GF 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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