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CPE Technology Bhd (XKLS:5317) Net-Net Working Capital : RM0.31 (As of Jun. 2023)


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What is CPE Technology 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.

CPE Technology Bhd's Net-Net Working Capital for the quarter that ended in Jun. 2023 was RM0.31.

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

XKLS:5317's Price-to-Net-Net-Working-Capital is ranked better than
65.9% of 1214 companies
in the Hardware industry
Industry Median: 6.86 vs XKLS:5317: 4.45

CPE Technology Bhd Net-Net Working Capital Historical Data

The historical data trend for CPE Technology 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.

CPE Technology Bhd Net-Net Working Capital Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
0.02 0.02 -0.03 0.01 0.31

CPE Technology Bhd Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital 0.02 0.02 -0.03 0.01 0.31

Competitive Comparison of CPE Technology Bhd's Net-Net Working Capital

For the Electronic Components subindustry, CPE Technology 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.

CPE Technology Bhd's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


CPE Technology Bhd Net-Net Working Capital Calculation

CPE Technology Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(207.076+0.75 * 20.397+0.5 * 53.667-39.71
-0-0)/671.315
=0.31

CPE Technology Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(207.076+0.75 * 20.397+0.5 * 53.667-39.71
-0-0)/671.315
=0.31

* 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.

CPE Technology Bhd  (XKLS:5317) 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.

CPE Technology Bhd Net-Net Working Capital Related Terms

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CPE Technology Bhd (XKLS:5317) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPE Technology Bhd (XKLS:5317) » Definitions » Net-Net Working Capital
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Website
https://www.cpetbhd.com
CPE Technology Bhd is an engineering support services provider principally involved in the manufacturing of precision-machined parts and components and the provision of CNC machining services. The precision-machined parts and components are then used by its customers in different industries which include, but not limited to, semiconductors, life science and medical devices, sports equipment, sensor equipment and security industries in Malaysia and overseas. The company utilizes CNC machining as its primary process such as milling, turning and lathing before going through associated secondary processes which include, but not limited to, polishing, grinding and sandblasting to produce precision-machined parts and components from metal rods and blocks.

CPE Technology Bhd (XKLS:5317) Headlines

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