Com7 PCL (BKK:COM7) Net-Net Working Capital: ฿-4.37 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:COM7 Com7 PCL BKK:COM7
95 GF Score
Price ฿30.50
GF Value ฿27.03
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Com7 PCL Net-Net Working Capital?

Com7 PCL BKK:COM7 95 Net-Net Working Capital is ฿-4.37 as of Mar. 2026. GuruFocus rates BKK:COM7 with a GF Score™ of 95/100 and a GF Value™ of ฿27.03 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 330 Retail - Cyclical companies, Com7 PCL ranks worse than 303030% 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.

Com7 PCL's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ฿-4.37.

The industry rank for Com7 PCL's Net-Net Working Capital or its related term are showing as below:

BKK:COM7's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.125
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Com7 PCL  (BKK:COM7) 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.


Com7 PCL Net-Net Working Capital Related Terms


Com7 PCL Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Com7 PCL'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.

Com7 PCL Net-Net Working Capital Chart

Com7 PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.51 -1.57 -2.14 -3.27 -3.78

Com7 PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.72 -3.42 -3.52 -3.78 -4.37

BKK:COM7 vs CASY, WSM, ULTA: Net-Net Working Capital Comparison

For the Specialty Retail subindustry, Com7 PCL'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.


Com7 PCL Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Com7 PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Com7 PCL's Price-to-Net-Net-Working-Capital falls into.


BKK:COM7
95GF Score
Com7 PCL BKK:COM7
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Com7 PCL Net-Net Working Capital Calculation

Com7 PCL's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4191.119+0.75 * 2333.412+0.5 * 11722.353-20599.436
-0-115.708)/2357.699
=-3.78

Com7 PCL's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2893.284+0.75 * 2064.547+0.5 * 11781.641-20519.331
-0-125.989)/2357.699
=-4.37

* 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 ฿-4.37 mean?
Com7 PCL (BKK:COM7) has a Net-Net Working Capital of ฿-4.37 as of Mar. 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 Com7 PCL According to the industry distribution chart, Com7 PCL ranks #999999 out of 330 companies in the Retail - Cyclical industry.
Is Com7 PCL's Net-Net Working Capital too high?
Com7 PCL's current Net-Net Working Capital is ฿-4.37. Based on the distribution chart, Com7 PCL ranks #999999 out of 330 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Com7 PCL has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Com7 PCL's Net-Net Working Capital compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Com7 PCL ranks #999999 out of 330 companies for Net-Net Working Capital. This places Com7 PCL in the lower half of its industry. The industry median Net-Net Working Capital is 6.13. 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 - Cyclical company?
The median Net-Net Working Capital among Retail - Cyclical companies is 6.13, based on 330 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 Com7 PCL For the Retail - Cyclical industry, the median Net-Net Working Capital is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Com7 PCL's current Net-Net Working Capital is ฿-4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Com7 PCL stock overvalued right now?
Based on GuruFocus' analysis, Com7 PCL (BKK:COM7) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿27.03, compared to a current price of ฿30.50 — trading 12.8% above its estimated fair value. The current Net-Net Working Capital is ฿-4.37. Com7 PCL's overall GF Score™ is 95/100 with 4 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 Com7 PCL (BKK:COM7), the current Net-Net Working Capital is ฿-4.37 as of Mar. 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 Com7 PCL (BKK:COM7) Overvalued in 2026?

Based on GuruFocus' analysis, Com7 PCL stock appears to be overvalued. The current stock price of ฿30.50 is trading 12.8% above its estimated GF Value™ of ฿27.03. GuruFocus considers Com7 PCL to be Modestly Overvalued.

Key valuation signals for BKK:COM7:

  • Net-Net Working Capital: ฿-4.37
  • GF Value™: ฿27.03 vs. price of ฿30.50 (12.8% above fair value)
  • GF Score™: 95/100 with 4 warning signs

No single metric tells the full story. See the BKK:COM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Com7 PCL Business Description

Other Exchanges COM7-F:Thailand
Address 549/1 Sanphawut Road, South Bangna, Bang Na Tai Subdistrict, Bang Na District, Bangkok, THA, 10260
Com7 PCL is engaged in the retailing of IT products such as computers, laptops, desktops, mobile phones, Tablets, and accessories. The company focuses on retail rather than wholesale IT products, by increasing the number of channels to more retail stores and through its expansion of company stores to shopping malls. The business of the company includes BaNANA; Studio 7; iCare; BKK; BaNANA Store; Samsung; True; and others. It operates in two segments: Retail and Other, out of which the Retail segment derives the majority of revenue.
95GF Score

Get the complete analysis for BKK:COM7

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿30.50
Price
฿27.03
GF Value