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.
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.
Ghitha Holding PJSCADX:GHITHA 73 Net-Net Working Capital is د.إ-11.34 as of Jun. 2026. GuruFocus rates ADX:GHITHA with a GF Score™ of 73/100 and a GF Value™ of د.إ36.87 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 79 Retail - Defensive companies, Ghitha Holding PJSC ranks worse than 1265821.52% 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.
Ghitha Holding PJSC's Net-Net Working Capital for the quarter that ended in Jun. 2026 was د.إ-11.34.
The industry rank for Ghitha Holding PJSC's Net-Net Working Capital or its related term are showing as below:
ADX:GHITHA's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Defensive industry.
Industry Median: 5 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Ghitha Holding PJSC (ADX:GHITHA) 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.
Ghitha Holding PJSC Net-Net Working Capital Related Terms
Ghitha Holding PJSC Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Ghitha Holding PJSC'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.
ADX:GHITHA vs SYY, USFD, PFGC: Net-Net Working Capital Comparison
For the Food Distribution subindustry, Ghitha Holding PJSC'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.
Ghitha Holding PJSC Price-to-Net-Net-Working-Capital vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ghitha Holding PJSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Ghitha Holding PJSC'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 د.إ-11.34 mean?
Ghitha Holding PJSC (ADX:GHITHA) has a Net-Net Working Capital of د.إ-11.34 as of Jun. 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 Ghitha Holding PJSC According to the industry distribution chart, Ghitha Holding PJSC ranks #999999 out of 79 companies in the Retail - Defensive industry.
Is Ghitha Holding PJSC's Net-Net Working Capital too high?
Ghitha Holding PJSC's current Net-Net Working Capital is د.إ-11.34. Based on the distribution chart, Ghitha Holding PJSC ranks #999999 out of 79 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Ghitha Holding PJSC has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ghitha Holding PJSC's Net-Net Working Capital compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Ghitha Holding PJSC ranks #999999 out of 79 companies for Net-Net Working Capital. This places Ghitha Holding PJSC in the lower half of its industry. The industry median Net-Net Working Capital is 5.00. 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 Retail - Defensive company?
The median Net-Net Working Capital among Retail - Defensive companies is 5.00, based on 79 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 Ghitha Holding PJSC For the Retail - Defensive industry, the median Net-Net Working Capital is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghitha Holding PJSC's current Net-Net Working Capital is د.إ-11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghitha Holding PJSC stock overvalued right now?
Based on GuruFocus' analysis, Ghitha Holding PJSC (ADX:GHITHA) is currently considered Possible Value Trap. The stock's GF Value™ is د.إ36.87, compared to a current price of د.إ11.50 — trading 68.8% below its estimated fair value. The current Net-Net Working Capital is د.إ-11.34. Ghitha Holding PJSC's overall GF Score™ is 73/100 with 6 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 Ghitha Holding PJSC (ADX:GHITHA), the current Net-Net Working Capital is د.إ-11.34 as of Jun. 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 Ghitha Holding PJSC (ADX:GHITHA) Overvalued in 2026?
Based on GuruFocus' analysis, Ghitha Holding PJSC stock appears to be undervalued.
The current stock price of د.إ11.50 is trading 68.8% below its estimated GF Value™ of د.إ36.87.
GuruFocus considers Ghitha Holding PJSC to be Possible Value Trap.
Key valuation signals for ADX:GHITHA:
Net-Net Working Capital: د.إ-11.34
GF Value™: د.إ36.87 vs. price of د.إ11.50 (68.8% below fair value)
No single metric tells the full story. See the ADX:GHITHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ghitha Holding PJSC is engaged in trading, re-packaging, and distribution of food products. Its segments include Fruits and vegetables, Dairy and protein, Trading and distribution, Edible oil and fats, Investment, and Others. The majority of its revenue is generated from the Dairy and protein segment.
73GF Score
Get the complete analysis for ADX:GHITHA
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADX:GHITHA has been successfully added to your 
