Destini Bhd (XKLS:7212) Net-Net Working Capital: RM-0.10 (As of Mar. 2026)

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XKLS:7212 Destini Bhd XKLS:7212
39 GF Score
Price RM0.26
GF Value RM0.48
Valuation Possible Value Trap
! 2 Warning Signs
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What is Destini Bhd Net-Net Working Capital?

Destini Bhd XKLS:7212 -1.89% 39 Net-Net Working Capital is RM-0.10 as of Mar. 2026. GuruFocus rates XKLS:7212 with a GF Score™ of 39/100 and a GF Value™ of RM0.48 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 118 Aerospace & Defense companies, Destini Bhd ranks worse than 847456.78% 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.

Destini Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.10.

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

XKLS:7212's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.085
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Destini Bhd  (XKLS:7212) 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.


Destini Bhd Net-Net Working Capital Related Terms


Destini Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Destini 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.

Destini Bhd Net-Net Working Capital Chart

Destini Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.21 -0.71 -0.38 -0.44 -0.13

Destini Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 -0.27 -0.13 -0.05 -0.04 -0.10

XKLS:7212 vs SPCX, GE, RTX: Net-Net Working Capital Comparison

For the Aerospace & Defense subindustry, Destini 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.


Destini Bhd Price-to-Net-Net-Working-Capital vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Destini Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:7212
39GF Score
Destini Bhd XKLS:7212
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Destini Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(33.385+0.75 * 144.164+0.5 * 45.686-238.094
-0--1.835)/548.965
=-0.13

Destini 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)
=(55.466+0.75 * 59.588+0.5 * 29.046-163.039
-0-5.474)/548.965
=-0.10

* 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-0.10 mean?
Destini Bhd (XKLS:7212) has a Net-Net Working Capital of RM-0.10 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 Destini Bhd According to the industry distribution chart, Destini Bhd ranks #999999 out of 118 companies in the Aerospace & Defense industry.
Is Destini Bhd's Net-Net Working Capital too high?
Destini Bhd's current Net-Net Working Capital is RM-0.10. Based on the distribution chart, Destini Bhd ranks #999999 out of 118 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Destini Bhd has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Destini Bhd's Net-Net Working Capital compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Destini Bhd ranks #999999 out of 118 companies for Net-Net Working Capital. This places Destini Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 10.09. 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 an Aerospace & Defense company?
The median Net-Net Working Capital among Aerospace & Defense companies is 10.09, based on 118 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 Destini Bhd For the Aerospace & Defense industry, the median Net-Net Working Capital is 10.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Destini Bhd's current Net-Net Working Capital is RM-0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destini Bhd stock overvalued right now?
Based on GuruFocus' analysis, Destini Bhd (XKLS:7212) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.48, compared to a current price of RM0.26 — trading 45.8% below its estimated fair value. The current Net-Net Working Capital is RM-0.10. Destini Bhd's overall GF Score™ is 39/100 with 2 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 Destini Bhd (XKLS:7212), the current Net-Net Working Capital is RM-0.10 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 Destini Bhd (XKLS:7212) Overvalued in 2026?

Based on GuruFocus' analysis, Destini Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 45.8% below its estimated GF Value™ of RM0.48. GuruFocus considers Destini Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7212:

  • Net-Net Working Capital: RM-0.10
  • GF Value™: RM0.48 vs. price of RM0.26 (45.8% below fair value)
  • GF Score™: 39/100 with 2 warning signs

No single metric tells the full story. See the XKLS:7212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Destini Bhd Business Description

Address Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Destini Bhd is an investment holding company that also provides management services. It operates through four segments: Aviation, which generates the majority of its revenue and offers maintenance, repair, overhaul, and training services for aviation, automotive, safety, and tubular handling equipment; Marine, which focuses on shipbuilding and the restoration and maintenance of vessels; Mobility, which manufactures and supplies motor trolleys, wagon, and road rail vehicles and undertakes assembly, fabrication, refurbishment, and MRO for train sets and rail systems; and Energy, which handles the engineering, construction, and installation of renewable energy systems. The company operates in Malaysia and Singapore, with the majority of its revenue coming from Malaysia.
39GF Score

Get the complete analysis for XKLS:7212

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

RM0.26
Price
RM0.48
GF Value