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Costamare Bulkers HoldingsCMDB +0.83%16 Net-Net Working Capital is $0.41 as of Jun. 2026. GuruFocus rates CMDB with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 221 Transportation companies, Costamare Bulkers Holdings ranks worse than 90.05% 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.
The industry rank for Costamare Bulkers Holdings's Net-Net Working Capital or its related term are showing as below:
CMDB's Price-to-Net-Net-Working-Capital is ranked worse than 90.05% of 221
companies
in the Transportation industry
Industry Median: 6.35
vs CMDB: 44.46
Costamare Bulkers Holdings (NYSE:CMDB) 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.
Costamare Bulkers Holdings Net-Net Working Capital Related Terms
Costamare Bulkers Holdings 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.
Costamare Bulkers Holdings Net-Net Working Capital Chart
CMDB vs PANL, ESEA, SHIP: Net-Net Working Capital Comparison
For the Marine Shipping subindustry, Costamare Bulkers Holdings'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.
Costamare Bulkers Holdings Price-to-Net-Net-Working-Capital vs Transportation Industry
For the Transportation industry and Industrials sector, Costamare Bulkers Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Costamare Bulkers Holdings'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 $0.41 mean?
Costamare Bulkers Holdings (CMDB) has a Net-Net Working Capital of $0.41 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 Costamare Bulkers Holdings According to the industry distribution chart, Costamare Bulkers Holdings ranks #199 out of 221 companies in the Transportation industry, placing it in the top 90%.
Is Costamare Bulkers Holdings' Net-Net Working Capital too high?
Costamare Bulkers Holdings' current Net-Net Working Capital is $0.41. The Transportation industry median Net-Net Working Capital is 6.35. Costamare Bulkers Holdings' value of $0.41 is 93.5% below this industry median. Based on the distribution chart, Costamare Bulkers Holdings ranks #199 out of 221 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Costamare Bulkers Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Costamare Bulkers Holdings' Net-Net Working Capital compare to PANL and ESEA?
According to the Transportation industry distribution chart, Costamare Bulkers Holdings ranks #199 out of 221 companies for Net-Net Working Capital. This places Costamare Bulkers Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 6.35. Costamare Bulkers Holdings' value of $0.41 is 93.5% 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 Transportation company?
The median Net-Net Working Capital among Transportation companies is 6.35, based on 221 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. Costamare Bulkers Holdings's current Net-Net Working Capital of $0.41 is 93.5% 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 Costamare Bulkers Holdings For the Transportation industry, the median Net-Net Working Capital is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Costamare Bulkers Holdings's current Net-Net Working Capital is $0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Costamare Bulkers Holdings stock overvalued right now?
Costamare Bulkers Holdings (CMDB) has a current Net-Net Working Capital of $0.41. The current Net-Net Working Capital is $0.41 and 93.5% below the Transportation industry median of 6.35. Costamare Bulkers Holdings' overall GF Score™ is 16/100 with 6 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 Costamare Bulkers Holdings (CMDB), the current Net-Net Working Capital is $0.41 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.
Costamare Bulkers Holdings Ltd is an international owner and operator of dry bulk vessels providing transportation of dry bulk commodities globally for a broad range of customers. Its vessels transport a broad range of bulks, such as iron ore, coal and grains and minor bulks, such as bauxite, phosphate fertilizers and steel products, across shipping routes globally. The company's vessel fleet includes Current Dry Bulk Fleet, Chartered-In Vessels Fleet, and Chartered-In Newbuilding Vessels. It operates under one reportable segment, that of operating dry bulk vessels.
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