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LB Aluminium BhdXKLS:9326 66 Net-Net Working Capital is RM-0.35 as of Apr. 2026. GuruFocus rates XKLS:9326 with a GF Score™ of 66/100 and a GF Value™ of RM0.51 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,142 Metals & Mining companies, LB Aluminium Bhd ranks worse than 87565.59% 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.
LB Aluminium Bhd's Net-Net Working Capital for the quarter that ended in Apr. 2026 was RM-0.35.
The industry rank for LB Aluminium Bhd's Net-Net Working Capital or its related term are showing as below:
XKLS:9326's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.435 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
LB Aluminium Bhd (XKLS:9326) 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.
LB Aluminium Bhd Net-Net Working Capital Related Terms
LB Aluminium Bhd Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for LB Aluminium 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:9326 vs AA, CENX, CSTM: Net-Net Working Capital Comparison
For the Aluminum subindustry, LB Aluminium 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.
LB Aluminium Bhd Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, LB Aluminium Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where LB Aluminium 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-0.35 mean?
LB Aluminium Bhd (XKLS:9326) has a Net-Net Working Capital of RM-0.35 as of Apr. 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 LB Aluminium Bhd According to the industry distribution chart, LB Aluminium Bhd ranks #999999 out of 1142 companies in the Metals & Mining industry.
Is LB Aluminium Bhd's Net-Net Working Capital too high?
LB Aluminium Bhd's current Net-Net Working Capital is RM-0.35. Based on the distribution chart, LB Aluminium Bhd ranks #999999 out of 1142 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, LB Aluminium Bhd has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LB Aluminium Bhd's Net-Net Working Capital compare to AA and CENX?
According to the Metals & Mining industry distribution chart, LB Aluminium Bhd ranks #999999 out of 1142 companies for Net-Net Working Capital. This places LB Aluminium Bhd in the lower half of its industry. The industry median Net-Net Working Capital is 7.44. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.44, based on 1,142 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 LB Aluminium Bhd For the Metals & Mining industry, the median Net-Net Working Capital is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LB Aluminium Bhd's current Net-Net Working Capital is RM-0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LB Aluminium Bhd stock overvalued right now?
Based on GuruFocus' analysis, LB Aluminium Bhd (XKLS:9326) is currently considered Fairly Valued. The stock's GF Value™ is RM0.51, compared to a current price of RM0.47 — trading 7.8% below its estimated fair value. The current Net-Net Working Capital is RM-0.35. LB Aluminium Bhd's overall GF Score™ is 66/100 with 2 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 LB Aluminium Bhd (XKLS:9326), the current Net-Net Working Capital is RM-0.35 as of Apr. 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 LB Aluminium Bhd (XKLS:9326) Overvalued in 2026?
Based on GuruFocus' analysis, LB Aluminium Bhd stock appears to be undervalued.
The current stock price of RM0.47 is trading 7.8% below its estimated GF Value™ of RM0.51.
GuruFocus considers LB Aluminium Bhd to be Fairly Valued.
Key valuation signals for XKLS:9326:
Net-Net Working Capital: RM-0.35
GF Value™: RM0.51 vs. price of RM0.47 (7.8% below fair value)
No single metric tells the full story. See the XKLS:9326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LB Aluminium Bhd is engaged in the business of manufacturing, marketing, and trading aluminium extrusions. The company reports in two segments: aluminium and property development. Their product acts as a raw material for transport, construction, consumer goods, packaging, as well as electrical engineering due to its lightweight, excellent conductor of electricity, and durability in nature. Some of its products and services include aluminium extrusion, aluminium sheets/coils, fittings and accessories, extrusion presses, and anodising. Its geographical segments include Malaysia, Singapore, North America, and Others.
66GF Score
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