Carlos Casado (BUE:CADO) Net-Net Working Capital: ARS-134.89 (As of Jun. 2026)

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BUE:CADO Carlos Casado SA BUE:CADO
44 GF Score
Price ARS545.00
GF Value ARS655.53
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Carlos Casado Net-Net Working Capital?

Carlos Casado BUE:CADO 44 Net-Net Working Capital is ARS-134.89 as of Jun. 2026. GuruFocus rates BUE:CADO with a GF Score™ of 44/100 and a GF Value™ of ARS655.53 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 104 Conglomerates companies, Carlos Casado ranks worse than 961537.5% 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.

Carlos Casado's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ARS-134.89.

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

BUE:CADO's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 5.67
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Carlos Casado  (BUE:CADO) 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.


Carlos Casado Net-Net Working Capital Related Terms


Carlos Casado Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Carlos Casado'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.

Carlos Casado Net-Net Working Capital Chart

Carlos Casado Annual Data
Trend Dec16 Dec17 Dec18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.61 -45.52 -90.91 -127.91 -134.89

Carlos Casado Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -127.91 -112.52 -124.03 -129.83 -134.89

BUE:CADO vs MMM, HON: Net-Net Working Capital Comparison

For the Conglomerates subindustry, Carlos Casado'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.


Carlos Casado Price-to-Net-Net-Working-Capital vs Conglomerates Industry

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

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


BUE:CADO
44GF Score
Carlos Casado SA BUE:CADO
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlos Casado Net-Net Working Capital Calculation

Carlos Casado's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2026 is calculated as

Net-Net Working Capital(A: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(646.13+0.75 * 1588.668+0.5 * 3321.183-20116.744
-0-0)/123.200
=-134.89

Carlos Casado's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(646.13+0.75 * 1588.668+0.5 * 3321.183-20116.744
-0-0)/123.200
=-134.89

* 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 ARS-134.89 mean?
Carlos Casado (BUE:CADO) has a Net-Net Working Capital of ARS-134.89 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 Carlos Casado According to the industry distribution chart, Carlos Casado ranks #999999 out of 104 companies in the Conglomerates industry.
Is Carlos Casado's Net-Net Working Capital too high?
Carlos Casado's current Net-Net Working Capital is ARS-134.89. Based on the distribution chart, Carlos Casado ranks #999999 out of 104 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Carlos Casado has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlos Casado's Net-Net Working Capital compare to MMM and HON?
According to the Conglomerates industry distribution chart, Carlos Casado ranks #999999 out of 104 companies for Net-Net Working Capital. This places Carlos Casado in the lower half of its industry. The industry median Net-Net Working Capital is 5.67. 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 5.67, based on 104 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 Carlos Casado For the Conglomerates industry, the median Net-Net Working Capital is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlos Casado's current Net-Net Working Capital is ARS-134.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlos Casado stock overvalued right now?
Based on GuruFocus' analysis, Carlos Casado (BUE:CADO) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS655.53, compared to a current price of ARS545.00 — trading 16.9% below its estimated fair value. The current Net-Net Working Capital is ARS-134.89. Carlos Casado's overall GF Score™ is 44/100 with 8 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 Carlos Casado (BUE:CADO), the current Net-Net Working Capital is ARS-134.89 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 Carlos Casado (BUE:CADO) Overvalued in 2026?

Based on GuruFocus' analysis, Carlos Casado stock appears to be undervalued. The current stock price of ARS545.00 is trading 16.9% below its estimated GF Value™ of ARS655.53. GuruFocus considers Carlos Casado to be Modestly Undervalued.

Key valuation signals for BUE:CADO:

  • Net-Net Working Capital: ARS-134.89
  • GF Value™: ARS655.53 vs. price of ARS545.00 (16.9% below fair value)
  • GF Score™: 44/100 with 8 warning signs

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


Carlos Casado Business Description

Address Building Torre Alem Plaza, 15th Floor, Avda. Leandro N Alem 855, Buenos Aires, ARG, CP1001
Carlos Casado SA is an agricultural company in Latin America. The company has diversified its operations into three segments, being Transformation of Land, Agriculture, and Livestock. Transformation of Land segment focuses on acquisition and management of land properties. Agricultural activities focus on the dry production of soybean and corn in a balanced rotation to conserve the potential of the soil. Livestock activities include animal feeding operation.
44GF Score

Get the complete analysis for BUE:CADO

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

ARS545.00
Price
ARS655.53
GF Value