P I E Industrial Bhd (XKLS:7095) Net-Net Working Capital: RM0.50 (As of Mar. 2026)

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XKLS:7095 P I E Industrial Bhd XKLS:7095
74 GF Score
Price RM1.59
GF Value RM2.34
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is P I E Industrial Bhd Net-Net Working Capital?

P I E Industrial Bhd XKLS:7095 -2.45% 74 Net-Net Working Capital is RM0.50 as of Mar. 2026. GuruFocus rates XKLS:7095 with a GF Score™ of 74/100 and a GF Value™ of RM2.34 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,191 Hardware companies, P I E Industrial Bhd ranks better than 76.99% 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.

P I E Industrial Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.50.

The industry rank for P I E Industrial Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:7095's Price-to-Net-Net-Working-Capital is ranked better than
76.99% of 1191 companies
in the Hardware industry
Industry Median: 9.15 vs XKLS:7095: 3.18

P I E Industrial Bhd  (XKLS:7095) 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.


P I E Industrial Bhd Net-Net Working Capital Related Terms


P I E Industrial Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for P I E Industrial 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.

P I E Industrial Bhd Net-Net Working Capital Chart

P I E Industrial Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.28 0.37 0.41 0.48

P I E Industrial 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 0.45 0.42 0.48 0.48 0.50

XKLS:7095 vs APH, GLW, TEL: Net-Net Working Capital Comparison

For the Electronic Components subindustry, P I E Industrial 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.


P I E Industrial Bhd Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, P I E Industrial Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where P I E Industrial Bhd's Price-to-Net-Net-Working-Capital falls into.


XKLS:7095
74GF Score
P I E Industrial Bhd XKLS:7095
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

P I E Industrial Bhd Net-Net Working Capital Calculation

P I E Industrial 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)
=(133.615+0.75 * 159.644+0.5 * 188.371-141.466
-0-22.422)/384.042
=0.48

P I E Industrial 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)
=(126.99+0.75 * 153.523+0.5 * 199.678-131.008
-0-20.853)/384.042
=0.50

* 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 RM0.50 mean?
P I E Industrial Bhd (XKLS:7095) has a Net-Net Working Capital of RM0.50 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 P I E Industrial Bhd According to the industry distribution chart, P I E Industrial Bhd ranks #274 out of 1191 companies in the Hardware industry, placing it in the top 23%.
Is P I E Industrial Bhd's Net-Net Working Capital too high?
P I E Industrial Bhd's current Net-Net Working Capital is RM0.50. Based on the distribution chart, P I E Industrial Bhd ranks #274 out of 1191 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, P I E Industrial Bhd has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does P I E Industrial Bhd's Net-Net Working Capital compare to APH and GLW?
According to the Hardware industry distribution chart, P I E Industrial Bhd ranks #274 out of 1191 companies for Net-Net Working Capital. This places P I E Industrial Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 9.15. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.15, based on 1,191 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 P I E Industrial Bhd For the Hardware industry, the median Net-Net Working Capital is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P I E Industrial Bhd's current Net-Net Working Capital is RM0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P I E Industrial Bhd stock overvalued right now?
Based on GuruFocus' analysis, P I E Industrial Bhd (XKLS:7095) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.34, compared to a current price of RM1.59 — trading 32.1% below its estimated fair value. The current Net-Net Working Capital is RM0.50. P I E Industrial Bhd's overall GF Score™ is 74/100 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 P I E Industrial Bhd (XKLS:7095), the current Net-Net Working Capital is RM0.50 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 P I E Industrial Bhd (XKLS:7095) Overvalued in 2026?

Based on GuruFocus' analysis, P I E Industrial Bhd stock appears to be undervalued. The current stock price of RM1.59 is trading 32.1% below its estimated GF Value™ of RM2.34. GuruFocus considers P I E Industrial Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:7095:

  • Net-Net Working Capital: RM0.50
  • GF Value™: RM2.34 vs. price of RM1.59 (32.1% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the XKLS:7095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


P I E Industrial Bhd Business Description

Address Plot 4, Jalan Jelawat Satu, Seberang Jaya Industrial Estate, Seberang Jaya, Seberang Perai, PNG, MYS, 13700
P I E Industrial Bhd is principally involved in investment holding and the provision of management services. The group has three reportable segments: Manufacturing of industrial products, Trading of electrical materials, and Investment holding. The company engages in the Manufacturing of industrial products, including cables and wires for electronic devices, cable molding compounds, PCB assemblies, cable and wire harnesses for the computer, communications, and consumer electronics industries, and cable assemblies. Trading of electrical materials includes peripheral products of computers, telecommunication, consumer electronics, and cable assembly products. Geographically, the company operates in Malaysia, other Asia Pacific countries, Canada, the United States, Europe, and other countries.
74GF Score

Get the complete analysis for XKLS:7095

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

RM1.59
Price
RM2.34
GF Value