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SCGM Bhd (XKLS:7247) Net-Net Working Capital : RM0.61 (As of Mar. 2024)


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What is SCGM Bhd Net-Net Working Capital?

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.

SCGM Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2024 was RM0.61.

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

XKLS:7247's Price-to-Net-Net-Working-Capital is ranked better than
95.65% of 138 companies
in the Packaging & Containers industry
Industry Median: 5.705 vs XKLS:7247: 1.13

SCGM Bhd Net-Net Working Capital Historical Data

The historical data trend for SCGM 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.

* Premium members only.

SCGM Bhd Net-Net Working Capital Chart

SCGM Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.50 -0.36 -0.25 -0.20

SCGM Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24
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 0.52 0.52 0.52 0.53 0.61

Competitive Comparison of SCGM Bhd's Net-Net Working Capital

For the Packaging & Containers subindustry, SCGM 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.


SCGM Bhd's Price-to-Net-Net-Working-Capital Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SCGM Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



SCGM Bhd Net-Net Working Capital Calculation

SCGM Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Apr. 2022 is calculated as

Net-Net Working Capital(A: Apr. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.337+0.75 * 50.535+0.5 * 47.761-108.731
-0-0)/192.561
=-0.20

SCGM Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(118.995+0.75 * 0+0.5 * 0-1.385
-0-0)/192.561
=0.61

* 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.


SCGM Bhd  (XKLS:7247) 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.


SCGM Bhd Net-Net Working Capital Related Terms

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SCGM Bhd (XKLS:7247) Business Description

Traded in Other Exchanges
N/A
Address
PTD 109444, Jalan Sengkang, Kawasan Perusahaan Sri Sengkang, Johor Darul, Takzim, Kulai, JHR, MYS, 81000
SCGM Bhd is an investment holding company. The company's business segments are Manufacturing and Investment holding. The Manufacturing segment of the company is engaged in the manufacturing and finished plastic products, other articles of paper, paperboards, and plastic articles for the packing of goods. The company derives the majority of its revenue from the Investment holding segment. The predominantly operates in Malaysia.

SCGM Bhd (XKLS:7247) Headlines

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