Fitters Diversified Bhd (XKLS:9318) Net-Net Working Capital: RM0.09 (As of May. 2026)

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What is Fitters Diversified Bhd Net-Net Working Capital?

Fitters Diversified Bhd XKLS:9318 -20.00% Net-Net Working Capital is RM0.09 as of May. 2026. The stock has 4 warning signs investors should review. Among 113 Conglomerates companies, Fitters Diversified Bhd ranks better than 98.23% 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.

Fitters Diversified Bhd's Net-Net Working Capital for the quarter that ended in May. 2026 was RM0.09.

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

XKLS:9318's Price-to-Net-Net-Working-Capital is ranked better than
98.23% of 113 companies
in the Conglomerates industry
Industry Median: 6.01 vs XKLS:9318: 0.22

Fitters Diversified Bhd  (XKLS:9318) 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.


Fitters Diversified Bhd Net-Net Working Capital Related Terms


Fitters Diversified Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Net-Net Working Capital Chart

Fitters Diversified Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.05 0.05 0.01 0.06

Fitters Diversified Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Nov25 Feb26 May26
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 0.07 0.08 0.07 0.09 0.09

XKLS:9318 vs MMM, HON: Net-Net Working Capital Comparison

For the Conglomerates subindustry, Fitters Diversified 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.


Fitters Diversified Bhd Price-to-Net-Net-Working-Capital vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fitters Diversified Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Fitters Diversified Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(149.995+0.75 * 49.082+0.5 * 83.649-91.684
-0-0.053)/2341.292
=0.06

Fitters Diversified Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2026 is calculated as

Net-Net Working Capital(Q: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(228.491+0.75 * 73.525+0.5 * 79.7-106.164
-0-0.058)/2341.292
=0.09

* 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 RM0.09 mean?
Fitters Diversified Bhd (XKLS:9318) has a Net-Net Working Capital of RM0.09 as of May. 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 Fitters Diversified Bhd According to the industry distribution chart, Fitters Diversified Bhd ranks #2 out of 113 companies in the Conglomerates industry, placing it in the top 1.8%.
Is Fitters Diversified Bhd's Net-Net Working Capital too high?
Fitters Diversified Bhd's current Net-Net Working Capital is RM0.09. Based on the distribution chart, Fitters Diversified Bhd ranks #2 out of 113 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers.
How does Fitters Diversified Bhd's Net-Net Working Capital compare to MMM and HON?
According to the Conglomerates industry distribution chart, Fitters Diversified Bhd ranks #2 out of 113 companies for Net-Net Working Capital. This places Fitters Diversified Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.01. 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 Conglomerates company?
The median Net-Net Working Capital among Conglomerates companies is 6.01, based on 113 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 Fitters Diversified Bhd For the Conglomerates industry, the median Net-Net Working Capital is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitters Diversified Bhd's current Net-Net Working Capital is RM0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitters Diversified Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fitters Diversified Bhd (XKLS:9318) is currently considered Fairly Valued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.02 — trading right at its estimated fair value. The current Net-Net Working Capital is RM0.09. 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 Fitters Diversified Bhd (XKLS:9318), the current Net-Net Working Capital is RM0.09 as of May. 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.

Fitters Diversified Bhd Business Description

Address Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill, and Investment holding. Its geographical segments include Malaysia, the British Virgin Islands, and Singapore, of which a majority of the revenue is generated within Malaysia.