Trigano (CHIX:TRIP) Net-Net Working Capital: €7.12 (As of Feb. 2026)

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CHIX:TRIP Trigano SA CHIX:TRIP
89 GF Score
Price €148.90
GF Value €150.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Trigano Net-Net Working Capital?

Trigano CHIX:TRIP 89 Net-Net Working Capital is €7.12 as of Feb. 2026. GuruFocus rates CHIX:TRIP with a GF Score™ of 89/100 and a GF Value™ of €150.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 384 Vehicles & Parts companies, Trigano ranks worse than 76.82% 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.

Trigano's Net-Net Working Capital for the quarter that ended in Feb. 2026 was €7.12.

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

CHIX:TRIp's Price-to-Net-Net-Working-Capital is ranked worse than
76.82% of 384 companies
in the Vehicles & Parts industry
Industry Median: 7.465 vs CHIX:TRIp: 20.71

Trigano  (CHIX:TRIp) 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.


Trigano Net-Net Working Capital Related Terms


Trigano Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Trigano'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.

Trigano Net-Net Working Capital Chart

Trigano Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.03 -3.66 2.39 6.31 8.16

Trigano 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 -2.94 6.31 -1.05 8.16 7.12

CHIX:TRIP vs BC, PII, THO: Net-Net Working Capital Comparison

For the Recreational Vehicles subindustry, Trigano'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.


Trigano Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trigano's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


CHIX:TRIP
89GF Score
Trigano SA CHIX:TRIP
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trigano Net-Net Working Capital Calculation

Trigano's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2025 is calculated as

Net-Net Working Capital(A: Aug. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(650.8+0.75 * 335.5+0.5 * 899.6-1194
-0-0.8)/19.290
=8.16

Trigano'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)
=(562.2+0.75 * 553.8+0.5 * 1049.9-1364.7
-0-0.8)/19.252
=7.12

* 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 €7.12 mean?
Trigano (CHIX:TRIP) has a Net-Net Working Capital of €7.12 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 Trigano According to the industry distribution chart, Trigano ranks #295 out of 384 companies in the Vehicles & Parts industry, placing it in the top 76.8%.
Is Trigano's Net-Net Working Capital too high?
Trigano's current Net-Net Working Capital is €7.12. Based on the distribution chart, Trigano ranks #295 out of 384 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Trigano has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trigano's Net-Net Working Capital compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Trigano ranks #295 out of 384 companies for Net-Net Working Capital. This places Trigano in the lower half of its industry. The industry median Net-Net Working Capital is 7.47. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.47, based on 384 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 Trigano For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trigano's current Net-Net Working Capital is €7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trigano stock overvalued right now?
Based on GuruFocus' analysis, Trigano (CHIX:TRIP) is currently considered Fairly Valued. The stock's GF Value™ is €150.90, compared to a current price of €148.90 — trading 1.3% below its estimated fair value. The current Net-Net Working Capital is €7.12. Trigano's overall GF Score™ is 89/100 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 Trigano (CHIX:TRIP), the current Net-Net Working Capital is €7.12 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 Trigano (CHIX:TRIP) Overvalued in 2026?

Based on GuruFocus' analysis, Trigano stock appears to be undervalued. The current stock price of €148.90 is trading 1.3% below its estimated GF Value™ of €150.90. GuruFocus considers Trigano to be Fairly Valued.

Key valuation signals for CHIX:TRIP:

  • Net-Net Working Capital: €7.12
  • GF Value™: €150.90 vs. price of €148.90 (1.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Trigano Business Description

Address 100, Rue Petit, Cedex 19, Paris, FRA, 75165
Trigano SA is a French design, manufacturer and distributer of leisure vehicles and trailers. The company organizes itself into two segments: leisure vehicles and leisure equipment. Leisure vehicles, which constitute majority of the company revenue, it manufactures campervans, caravans, mobile homes, and related accessories. The vehicles segment largely derives revenue from campervan sales. Leisure equipment includes trailers, garden equipment, and camping equipment. The company generates maximum of its sales across France, from Leisure Vehicles Segment.
89GF Score

Get the complete analysis for CHIX:TRIP

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

€148.90
Price
€150.90
GF Value