Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Handal Energy BhdXKLS:7253 Net-Net Working Capital is RM-0.17 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 192 Oil & Gas companies, Handal Energy Bhd ranks worse than 520832.81% 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.
Handal Energy Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM-0.17.
The industry rank for Handal Energy Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:7253's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.745 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Handal Energy Bhd (XKLS:7253) 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.
Handal Energy Bhd Net-Net Working Capital Related Terms
Handal Energy Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Handal Energy 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.
XKLS:7253 vs SLB, BKR, HAL: Net-Net Working Capital Comparison
For the Oil & Gas Equipment & Services subindustry, Handal Energy 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.
Handal Energy Bhd Price-to-Net-Net-Working-Capital vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Handal Energy Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Handal Energy 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-0.17 mean?
Handal Energy Bhd (XKLS:7253) has a Net-Net Working Capital of RM-0.17 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 Handal Energy Bhd According to the industry distribution chart, Handal Energy Bhd ranks #999999 out of 192 companies in the Oil & Gas industry.
Is Handal Energy Bhd's Net-Net Working Capital too high?
Handal Energy Bhd's current Net-Net Working Capital is RM-0.17. Based on the distribution chart, Handal Energy Bhd ranks #999999 out of 192 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Handal Energy Bhd's Net-Net Working Capital compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Handal Energy Bhd ranks #999999 out of 192 companies for Net-Net Working Capital. This places Handal Energy Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 6.75. 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 Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.75, based on 192 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 Handal Energy Bhd For the Oil & Gas industry, the median Net-Net Working Capital is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Handal Energy Bhd's current Net-Net Working Capital is RM-0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handal Energy Bhd stock overvalued right now?
Handal Energy Bhd (XKLS:7253) has a current Net-Net Working Capital of RM-0.17. The stock's GF Value™ is RM0.04, compared to a current price of RM0.01 — trading 75% below its estimated fair value. The current Net-Net Working Capital is RM-0.17. 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 Handal Energy Bhd (XKLS:7253), the current Net-Net Working Capital is RM-0.17 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.
Handal Energy Bhd provides integrated crane services in Malaysia. The company's operating segment includes Investment holding; Integrated, maintenance, repair and overhaul services; and other segments. It generates maximum revenue from the Integrated, maintenance, repair and overhaul services segment. Geographically, it operates only in Malaysia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7253 has been successfully added to your 
