Wellcall Holdings Bhd (XKLS:7231) Net-Net Working Capital: RM0.07 (As of Mar. 2026)

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XKLS:7231 Wellcall Holdings Bhd XKLS:7231
76 GF Score
Price RM1.14
GF Value RM1.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wellcall Holdings Bhd Net-Net Working Capital?

Wellcall Holdings Bhd XKLS:7231 +0.88% 76 Net-Net Working Capital is RM0.07 as of Mar. 2026. GuruFocus rates XKLS:7231 with a GF Score™ of 76/100 and a GF Value™ of RM1.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 377 Vehicles & Parts companies, Wellcall Holdings Bhd ranks worse than 71.09% 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.

Wellcall Holdings Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.07.

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

XKLS:7231's Price-to-Net-Net-Working-Capital is ranked worse than
71.09% of 377 companies
in the Vehicles & Parts industry
Industry Median: 7.92 vs XKLS:7231: 16.29

Wellcall Holdings Bhd  (XKLS:7231) 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.


Wellcall Holdings Bhd Net-Net Working Capital Related Terms


Wellcall Holdings Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Wellcall Holdings 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.

Wellcall Holdings Bhd Net-Net Working Capital Chart

Wellcall Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.10 0.09 0.08

Wellcall Holdings 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 0.13 0.07 0.08 0.07 0.07

XKLS:7231 vs ORLY, AZO: Net-Net Working Capital Comparison

For the Auto Parts subindustry, Wellcall Holdings 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.


Wellcall Holdings Bhd Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wellcall Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:7231
76GF Score
Wellcall Holdings Bhd XKLS:7231
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wellcall Holdings Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(44.145+0.75 * 15.449+0.5 * 26.196-30.823
-0-0)/497.948
=0.08

Wellcall Holdings 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)
=(32.799+0.75 * 5.56+0.5 * 27.521-16.854
-0-0)/497.948
=0.07

* 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 RM0.07 mean?
Wellcall Holdings Bhd (XKLS:7231) has a Net-Net Working Capital of RM0.07 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 Wellcall Holdings Bhd According to the industry distribution chart, Wellcall Holdings Bhd ranks #268 out of 377 companies in the Vehicles & Parts industry, placing it in the top 71.1%.
Is Wellcall Holdings Bhd's Net-Net Working Capital too high?
Wellcall Holdings Bhd's current Net-Net Working Capital is RM0.07. Based on the distribution chart, Wellcall Holdings Bhd ranks #268 out of 377 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Wellcall Holdings Bhd has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wellcall Holdings Bhd's Net-Net Working Capital compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wellcall Holdings Bhd ranks #268 out of 377 companies for Net-Net Working Capital. This places Wellcall Holdings Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 7.92. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.92, based on 377 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 Wellcall Holdings Bhd For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellcall Holdings Bhd's current Net-Net Working Capital is RM0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellcall Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wellcall Holdings Bhd (XKLS:7231) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.27, compared to a current price of RM1.14 — trading 10.2% below its estimated fair value. The current Net-Net Working Capital is RM0.07. Wellcall Holdings Bhd's overall GF Score™ is 76/100 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 Wellcall Holdings Bhd (XKLS:7231), the current Net-Net Working Capital is RM0.07 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 Wellcall Holdings Bhd (XKLS:7231) Overvalued in 2026?

Based on GuruFocus' analysis, Wellcall Holdings Bhd stock appears to be undervalued. The current stock price of RM1.14 is trading 10.2% below its estimated GF Value™ of RM1.27. GuruFocus considers Wellcall Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7231:

  • Net-Net Working Capital: RM0.07
  • GF Value™: RM1.27 vs. price of RM1.14 (10.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the XKLS:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wellcall Holdings Bhd Business Description

Address Plot 48, Jalan Johan 2/5, Kawasan Perindustrian Pengkalan II, Fasa II, Pusing, PRK, MYS, 31550
Wellcall Holdings Bhd is principally an investment holding company. The company, along with its subsidiaries, is engaged in trading, importing, exporting, marketing, supplying and dealing in direct marketing multi level marketing, networking of all kinds of hoses and articles. The company's product portfolio includes critical hoses for the conveyance of air, water, and petroleum products, as well as specialised hoses for welding and handling abrasive materials. It serves various industries including Oil & Gas, Automotive, Marine, Water, and Construction. The company's geographical segments are Malaysia, the Middle East, Europe, the USA/Canada, Australia/New Zealand, Asia, South America, and Africa. The company generates the majority of its revenue from the USA/Canada.
76GF Score

Get the complete analysis for XKLS:7231

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

RM1.14
Price
RM1.27
GF Value