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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.
BUE:PATA's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.24 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Importadora Y Exportadora De La Patagonia (BUE:PATA) 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.
Importadora Y Exportadora De La Patagonia Net-Net Working Capital Related Terms
Importadora Y Exportadora De La Patagonia Net-Net Working Capital Historical Data
* 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.
Importadora Y Exportadora De La Patagonia Net-Net Working Capital Chart
Importadora Y Exportadora De La Patagonia Annual Data
BUE:PATA vs DDS, M: Net-Net Working Capital Comparison
For the Department Stores subindustry, Importadora Y Exportadora De La Patagonia'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.
Importadora Y Exportadora De La Patagonia Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Importadora Y Exportadora De La Patagonia's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Importadora Y Exportadora De La Patagonia'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 ARS-328.03 mean?
Importadora Y Exportadora De La Patagonia (BUE:PATA) has a Net-Net Working Capital of ARS-328.03 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 Importadora Y Exportadora De La Patagonia According to the industry distribution chart, Importadora Y Exportadora De La Patagonia ranks #999999 out of 326 companies in the Retail - Cyclical industry.
Is Importadora Y Exportadora De La Patagonia's Net-Net Working Capital too high?
Importadora Y Exportadora De La Patagonia's current Net-Net Working Capital is ARS-328.03. Based on the distribution chart, Importadora Y Exportadora De La Patagonia ranks #999999 out of 326 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Importadora Y Exportadora De La Patagonia has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Importadora Y Exportadora De La Patagonia's Net-Net Working Capital compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Importadora Y Exportadora De La Patagonia ranks #999999 out of 326 companies for Net-Net Working Capital. This places Importadora Y Exportadora De La Patagonia in the lower half of its industry. The industry median Net-Net Working Capital is 6.24. 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 6.24, based on 326 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 Importadora Y Exportadora De La Patagonia For the Retail - Cyclical industry, the median Net-Net Working Capital is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Importadora Y Exportadora De La Patagonia's current Net-Net Working Capital is ARS-328.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Importadora Y Exportadora De La Patagonia stock overvalued right now?
Based on GuruFocus' analysis, Importadora Y Exportadora De La Patagonia (BUE:PATA) is currently considered Fairly Valued. The stock's GF Value™ is ARS1,206.17, compared to a current price of ARS1,140.00 — trading 5.5% below its estimated fair value. The current Net-Net Working Capital is ARS-328.03. Importadora Y Exportadora De La Patagonia's overall GF Score™ is 72/100 with 3 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 Importadora Y Exportadora De La Patagonia (BUE:PATA), the current Net-Net Working Capital is ARS-328.03 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 Importadora Y Exportadora De La Patagonia (BUE:PATA) Overvalued in 2026?
Based on GuruFocus' analysis, Importadora Y Exportadora De La Patagonia stock appears to be undervalued.
The current stock price of ARS1,140.00 is trading 5.5% below its estimated GF Value™ of ARS1,206.17.
GuruFocus considers Importadora Y Exportadora De La Patagonia to be Fairly Valued.
Key valuation signals for BUE:PATA:
Net-Net Working Capital: ARS-328.03
GF Value™: ARS1,206.17 vs. price of ARS1,140.00 (5.5% below fair value)
No single metric tells the full story. See the BUE:PATA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Importadora Y Exportadora De La Patagonia SA operates a chain of supermarkets. It produces and distributes meat, various cold cuts, frozen and canned foods, bakery, dairy, toiletries, groceries and cleaning products, among others. The company has business activities such as in buying and selling , import, collection, fractionation, distribution and export of all kinds of fruits and foods, fresh and packaged, perishable or non-perishable, and in general of any merchandise or product marketable in general stores, both in their own physical establishments or in third parties, such as hypermarkets or supermarkets.
72GF Score
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