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Techbase Industries Bhd (XKLS:8966) Net-Net Working Capital : RM0.34 (As of Jan. 2025)


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What is Techbase Industries 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.

Techbase Industries Bhd's Net-Net Working Capital for the quarter that ended in Jan. 2025 was RM0.34.

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

XKLS:8966's Price-to-Net-Net-Working-Capital is ranked better than
98.59% of 354 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.1 vs XKLS:8966: 0.31

Techbase Industries Bhd Net-Net Working Capital Historical Data

The historical data trend for Techbase Industries 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.

Techbase Industries Bhd Net-Net Working Capital Chart

Techbase Industries Bhd Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 0.11 0.17 0.29 0.34

Techbase Industries Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.25 0.46 0.34 0.28 0.34

Competitive Comparison of Techbase Industries Bhd's Net-Net Working Capital

For the Apparel Manufacturing subindustry, Techbase Industries 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.


Techbase Industries Bhd's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Techbase Industries Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Techbase Industries Bhd Net-Net Working Capital Calculation

Techbase Industries Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2024 is calculated as

Net-Net Working Capital(A: Jul. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(165.028+0.75 * 26.496+0.5 * 25.141-71.674
-0-22.842)/299.056
=0.34

Techbase Industries Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2025 is calculated as

Net-Net Working Capital(Q: Jan. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(134.793+0.75 * 54.622+0.5 * 28.093-66.064
-0-22.313)/300.363
=0.34

* 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.


Techbase Industries Bhd  (XKLS:8966) 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.


Techbase Industries Bhd Net-Net Working Capital Related Terms

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Techbase Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
PTD 94657, Batu 6, Jalan Mersing, Kluang, JHR, MYS, 86000
Techbase Industries Bhd is engaged in Apparel Manufacturing and Textile industry. Its apparel section includes products such as outerwear, tops and bottoms, children and adult wear. The company has four reportable operating segments Apparels, Textile, Advertising and Others. The majority of revenue is earned from apparels segment.

Techbase Industries Bhd Headlines

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