C&C Group (CHIX:CCRL) Net-Net Working Capital: £-1.19 (As of Feb. 2026)


CHIX:CCRL C&C Group PLC CHIX:CCRL
61 GF Score
Price £0.88
GF Value £1.46
Valuation Possible Value Trap
! 5 Warning Signs
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What is C&C Group Net-Net Working Capital?

C&C Group CHIX:CCRL -0.57% 61 Net-Net Working Capital is £-1.19 as of Feb. 2026. GuruFocus rates CHIX:CCRL with a GF Score™ of 61/100 and a GF Value™ of £1.46 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 66 Beverages - Alcoholic companies, C&C Group ranks worse than 1515150% 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.

C&C Group's Net-Net Working Capital for the quarter that ended in Feb. 2026 was £-1.19.

The industry rank for C&C Group's Net-Net Working Capital or its related term are showing as below:

CHIX:CCRl's Price-to-Net-Net-Working-Capital is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 7.405
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

C&C Group  (CHIX:CCRl) 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.


C&C Group Net-Net Working Capital Related Terms


C&C Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for C&C Group'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.

C&C Group Net-Net Working Capital Chart

C&C Group Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.09 -0.91 -0.97 -1.08 -1.19

C&C Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -0.97 -1.02 -1.08 -1.12 -1.19

CHIX:CCRL vs BUD, STZ, TAP: Net-Net Working Capital Comparison

For the Beverages - Brewers subindustry, C&C Group'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.


C&C Group Price-to-Net-Net-Working-Capital vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, C&C Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where C&C Group's Price-to-Net-Net-Working-Capital falls into.


CHIX:CCRL
61GF Score
C&C Group PLC CHIX:CCRL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C&C Group Net-Net Working Capital Calculation

C&C Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2026 is calculated as

Net-Net Working Capital(A: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(117.969+0.75 * 78.82+0.5 * 128.583-680.061
-0-0)/368.436
=-1.19

C&C Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2026 is calculated as

Net-Net Working Capital(Q: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(117.969+0.75 * 78.82+0.5 * 128.583-680.061
-0-0)/368.436
=-1.19

* 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 £-1.19 mean?
C&C Group (CHIX:CCRL) has a Net-Net Working Capital of £-1.19 as of Feb. 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 C&C Group According to the industry distribution chart, C&C Group ranks #999999 out of 66 companies in the Beverages - Alcoholic industry.
Is C&C Group's Net-Net Working Capital too high?
C&C Group's current Net-Net Working Capital is £-1.19. Based on the distribution chart, C&C Group ranks #999999 out of 66 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, C&C Group has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does C&C Group's Net-Net Working Capital compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, C&C Group ranks #999999 out of 66 companies for Net-Net Working Capital. This places C&C Group in the lower half of its industry. The industry median Net-Net Working Capital is 7.41. 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 Beverages - Alcoholic company?
The median Net-Net Working Capital among Beverages - Alcoholic companies is 7.41, based on 66 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 C&C Group For the Beverages - Alcoholic industry, the median Net-Net Working Capital is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C&C Group's current Net-Net Working Capital is £-1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C&C Group stock overvalued right now?
Based on GuruFocus' analysis, C&C Group (CHIX:CCRL) is currently considered Possible Value Trap. The stock's GF Value™ is £1.46, compared to a current price of £0.88 — trading 40.1% below its estimated fair value. The current Net-Net Working Capital is £-1.19. C&C Group's overall GF Score™ is 61/100 with 5 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 C&C Group (CHIX:CCRL), the current Net-Net Working Capital is £-1.19 as of Feb. 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 C&C Group (CHIX:CCRL) Overvalued in 2026?

Based on GuruFocus' analysis, C&C Group stock appears to be undervalued. The current stock price of £0.88 is trading 40.1% below its estimated GF Value™ of £1.46. GuruFocus considers C&C Group to be Possible Value Trap.

Key valuation signals for CHIX:CCRL:

  • Net-Net Working Capital: £-1.19
  • GF Value™: £1.46 vs. price of £0.88 (40.1% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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


C&C Group Business Description

Address Keeper Road, Bulmers House, Crumlin, Dublin, IRL, D12 K702
C&C Group PLC manufactures cider and other alcoholic and nonalcoholic beverages, including beer, wine, soft drinks, and bottled water. The company's brands include Bulmers, Tennet's, Magners, Heverlee, Woodchuck, Hornsby's, Gaymers, Blackthorn, Tipperary, Finches, and Others. C&C also has distribution rights for numerous brands owned by other companies. Its geographical segments are Ireland, Great Britain, and International, of which the majority of its revenue comes from Great Britain.
61GF Score

Get the complete analysis for CHIX:CCRL

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

£0.88
Price
£1.46
GF Value