Magna Prima Bhd (XKLS:7617) Net-Net Working Capital: RM0.48 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:7617 Magna Prima Bhd XKLS:7617
80 GF Score
Price RM0.72
GF Value RM1.18
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Magna Prima Bhd Net-Net Working Capital?

Magna Prima Bhd XKLS:7617 80 Net-Net Working Capital is RM0.48 as of Mar. 2026. GuruFocus rates XKLS:7617 with a GF Score™ of 80/100 and a GF Value™ of RM1.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 323 Real Estate companies, Magna Prima Bhd ranks better than 79.57% 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.

Magna Prima Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.48.

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

XKLS:7617's Price-to-Net-Net-Working-Capital is ranked better than
79.57% of 323 companies
in the Real Estate industry
Industry Median: 4.36 vs XKLS:7617: 1.50

Magna Prima Bhd  (XKLS:7617) 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.


Magna Prima Bhd Net-Net Working Capital Related Terms


Magna Prima Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Magna Prima 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.

Magna Prima Bhd Net-Net Working Capital Chart

Magna Prima 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 -0.74 -0.26 -0.12 0.42 0.39

Magna Prima 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 0.42 0.41 0.42 0.39 0.48

Magna Prima Bhd Net-Net Working Capital Competitor Comparison

For the Real Estate - Development subindustry, Magna Prima 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.


Magna Prima Bhd Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Magna Prima Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XKLS:7617
80GF Score
Magna Prima Bhd XKLS:7617
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magna Prima Bhd Net-Net Working Capital Calculation

Magna Prima 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)
=(45.022+0.75 * 67.105+0.5 * 249.297-64.282
-0-0.003)/399.153
=0.39

Magna Prima 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)
=(37.943+0.75 * 167.721+0.5 * 167.585-55.711
-0--0.02)/399.153
=0.48

* 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 RM0.48 mean?
Magna Prima Bhd (XKLS:7617) has a Net-Net Working Capital of RM0.48 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 Magna Prima Bhd According to the industry distribution chart, Magna Prima Bhd ranks #66 out of 323 companies in the Real Estate industry, placing it in the top 20.4%.
Is Magna Prima Bhd's Net-Net Working Capital too high?
Magna Prima Bhd's current Net-Net Working Capital is RM0.48. Based on the distribution chart, Magna Prima Bhd ranks #66 out of 323 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Magna Prima Bhd has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magna Prima Bhd's Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, Magna Prima Bhd ranks #66 out of 323 companies for Net-Net Working Capital. This places Magna Prima Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 4.36. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.36, based on 323 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 Magna Prima Bhd For the Real Estate industry, the median Net-Net Working Capital is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magna Prima Bhd's current Net-Net Working Capital is RM0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Prima Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magna Prima Bhd (XKLS:7617) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.18, compared to a current price of RM0.72 — trading 39% below its estimated fair value. The current Net-Net Working Capital is RM0.48. Magna Prima Bhd's overall GF Score™ is 80/100 with 4 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 Magna Prima Bhd (XKLS:7617), the current Net-Net Working Capital is RM0.48 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 Magna Prima Bhd (XKLS:7617) Overvalued in 2026?

Based on GuruFocus' analysis, Magna Prima Bhd stock appears to be undervalued. The current stock price of RM0.72 is trading 39% below its estimated GF Value™ of RM1.18. GuruFocus considers Magna Prima Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:7617:

  • Net-Net Working Capital: RM0.48
  • GF Value™: RM1.18 vs. price of RM0.72 (39% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the XKLS:7617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magna Prima Bhd Business Description

Address No. 6, Jalan Juruanalisis U1/35, G-9, Subplace Boulevard, Pusat Komersil Vestland, Seksyen U1, Shah Alam, MYS, 40150
Magna Prima Bhd is an investment holding company. Through its subsidiaries, the company provides a diverse range of property development, building construction, trading, and management services. The group focuses on purchasing and developing pocket-sized land banks in high-density areas. Its reportable segments include Properties, Construction and Engineering, Trading and Investment. The majority of its revenue is generated from the Properties segment, which is engaged in the business of property development. Geographically, the group generates maximum revenue from Malaysia and also has a presence in Australia.
80GF Score

Get the complete analysis for XKLS:7617

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

RM0.72
Price
RM1.18
GF Value