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.
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.
Cairo Communication SpA's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €-7.60.
The industry rank for Cairo Communication SpA's Net-Net Working Capital or its related term are showing as below:
CHIX:CAIm's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.44 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Cairo Communication SpA (CHIX:CAIm) 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.
Cairo Communication SpA Net-Net Working Capital Related Terms
Cairo Communication SpA Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Cairo Communication SpA'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.
Cairo Communication SpA Net-Net Working Capital Chart
CHIX:CAIM vs NYT, WLY: Net-Net Working Capital Comparison
For the Publishing subindustry, Cairo Communication SpA'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.
Cairo Communication SpA Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Cairo Communication SpA's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Cairo Communication SpA'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 €-7.60 mean?
Cairo Communication SpA (CHIX:CAIM) has a Net-Net Working Capital of €-7.60 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 Cairo Communication SpA According to the industry distribution chart, Cairo Communication SpA ranks #999999 out of 385 companies in the Media - Diversified industry.
Is Cairo Communication SpA's Net-Net Working Capital too high?
Cairo Communication SpA's current Net-Net Working Capital is €-7.60. Based on the distribution chart, Cairo Communication SpA ranks #999999 out of 385 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Cairo Communication SpA has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cairo Communication SpA's Net-Net Working Capital compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Cairo Communication SpA ranks #999999 out of 385 companies for Net-Net Working Capital. This places Cairo Communication SpA in the lower half of its industry. The industry median Net-Net Working Capital is 4.44. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.44, based on 385 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 Cairo Communication SpA For the Media - Diversified industry, the median Net-Net Working Capital is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cairo Communication SpA's current Net-Net Working Capital is €-7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cairo Communication SpA stock overvalued right now?
Based on GuruFocus' analysis, Cairo Communication SpA (CHIX:CAIM) is currently considered Fairly Valued. The stock's GF Value™ is €2.62, compared to a current price of €2.44 — trading 7% below its estimated fair value. The current Net-Net Working Capital is €-7.60. Cairo Communication SpA's overall GF Score™ is 75/100 with 1 warning sign 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 Cairo Communication SpA (CHIX:CAIM), the current Net-Net Working Capital is €-7.60 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 Cairo Communication SpA (CHIX:CAIM) Overvalued in 2026?
Based on GuruFocus' analysis, Cairo Communication SpA stock appears to be undervalued.
The current stock price of €2.44 is trading 7% below its estimated GF Value™ of €2.62.
GuruFocus considers Cairo Communication SpA to be Fairly Valued.
Key valuation signals for CHIX:CAIM:
Net-Net Working Capital: €-7.60
GF Value™: €2.62 vs. price of €2.44 (7% below fair value)
No single metric tells the full story. See the CHIX:CAIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cairo Communication SpA is an Italian-based advertising company. It is engaged in the business of media and publication. It carries out its activity through three communication platforms that include advertisements, publications, and the Internet. Publication activity is done by publishing periodicals, magazines, and books. It is a dealer for the sale of advertising space on various media platforms such as commercial television, paid digital television, print, and the Internet. It operates on the internet through its Trovatore search engine. Its segment includes magazine publishing Cairo Editore, advertising, TV publishing La7, network operator, and RCS.
75GF Score
Get the complete analysis for CHIX:CAIM
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
CHIX:CAIM has been successfully added to your 
