CDW HoldingCDWHF Net-Net Working Capital is $0.05 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 538 Semiconductors companies, CDW Holding ranks better than 95.35% 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.
CDW Holding's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.05.
The industry rank for CDW Holding's Net-Net Working Capital or its related term are showing as below:
CDWHF's Price-to-Net-Net-Working-Capital is ranked better than 95.35% of 538
companies
in the Semiconductors industry
Industry Median: 13.98
vs CDWHF: 1.67
CDW Holding (OTCPK:CDWHF) 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.
CDW Holding Net-Net Working Capital Related Terms
CDW Holding Net-Net Working Capital Historical Data
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The historical data trend for CDW Holding'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.
CDWHF vs AMAT, LRCX, KLAC: Net-Net Working Capital Comparison
For the Semiconductor Equipment & Materials subindustry, CDW Holding'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.
CDW Holding Price-to-Net-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, CDW Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where CDW Holding'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 $0.05 mean?
CDW Holding (CDWHF) has a Net-Net Working Capital of $0.05 as of Dec. 2025. 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 CDW Holding According to the industry distribution chart, CDW Holding ranks #25 out of 538 companies in the Semiconductors industry, placing it in the top 4.6%.
Is CDW Holding's Net-Net Working Capital too high?
CDW Holding's current Net-Net Working Capital is $0.05. The Semiconductors industry median Net-Net Working Capital is 13.98. CDW Holding's value of $0.05 is 99.6% below this industry median. Based on the distribution chart, CDW Holding ranks #25 out of 538 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers.
How does CDW Holding's Net-Net Working Capital compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, CDW Holding ranks #25 out of 538 companies for Net-Net Working Capital. This places CDW Holding in the top 5% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 13.98. CDW Holding's value of $0.05 is 99.6% below this benchmark. 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 13.98, based on 538 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. CDW Holding's current Net-Net Working Capital of $0.05 is 99.6% below the industry median. 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 CDW Holding For the Semiconductors industry, the median Net-Net Working Capital is 13.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDW Holding's current Net-Net Working Capital is $0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDW Holding stock overvalued right now?
CDW Holding (CDWHF) has a current Net-Net Working Capital of $0.05. The stock's GF Value™ is $0.09, compared to a current price of $0.07 — trading 26% below its estimated fair value. The current Net-Net Working Capital is $0.05 and 99.6% below the Semiconductors industry median of 13.98. 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 CDW Holding (CDWHF), the current Net-Net Working Capital is $0.05 as of Dec. 2025. 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.
CDW Holding Ltd is engaged in the production of precision components for mobile communication equipment, game box entertainment equipment, consumer and information technology equipment, office equipment, and electrical appliances. The business company operates in various segments that include Liquid Crystal Display (LCD) backlight units, which manufactures backlight units for LCD; Office Automation, which manufactures and trades parts for office equipment and electrical appliances; OEM and Accessories segment, which manufactures and trades precision accessories for LCD modules; and Others. The LCD Backlight Units segment generates maximum revenue for the company. Geographically, the company derives its key revenue from Mainland China followed by Hong Kong, Japan, and other regions.
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