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Cirrus LogicCRUS +0.04%88 Net-Net Working Capital is $16.69 as of Jun. 2026. GuruFocus rates CRUS with a GF Score™ of 88/100 and a GF Value™ of $126.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 538 Semiconductors companies, Cirrus Logic ranks better than 67.29% 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.
Cirrus Logic's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $16.69.
The industry rank for Cirrus Logic's Net-Net Working Capital or its related term are showing as below:
CRUS's Price-to-Net-Net-Working-Capital is ranked better than 67.29% of 538
companies
in the Semiconductors industry
Industry Median: 10.98
vs CRUS: 6.78
Cirrus Logic (NAS:CRUS) 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.
Cirrus Logic Net-Net Working Capital Related Terms
Cirrus Logic Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Cirrus Logic'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.
CRUS vs MXL, PI, VSH: Net-Net Working Capital Comparison
For the Semiconductors subindustry, Cirrus Logic'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.
Cirrus Logic Price-to-Net-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Cirrus Logic's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Cirrus Logic'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 $16.69 mean?
Cirrus Logic (CRUS) has a Net-Net Working Capital of $16.69 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 Cirrus Logic According to the industry distribution chart, Cirrus Logic ranks #176 out of 538 companies in the Semiconductors industry, placing it in the top 32.7%.
Is Cirrus Logic's Net-Net Working Capital too high?
Cirrus Logic's current Net-Net Working Capital is $16.69. The Semiconductors industry median Net-Net Working Capital is 10.98. Cirrus Logic's value of $16.69 is 52% above this industry median. Based on the distribution chart, Cirrus Logic ranks #176 out of 538 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Cirrus Logic has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cirrus Logic's Net-Net Working Capital compare to MXL and PI?
According to the Semiconductors industry distribution chart, Cirrus Logic ranks #176 out of 538 companies for Net-Net Working Capital. This puts Cirrus Logic in the upper half of its industry. The industry median Net-Net Working Capital is 10.98. Cirrus Logic's value of $16.69 is 52% above 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 10.98, 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. Cirrus Logic's current Net-Net Working Capital of $16.69 is 52% above 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 Cirrus Logic For the Semiconductors industry, the median Net-Net Working Capital is 10.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cirrus Logic's current Net-Net Working Capital is $16.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cirrus Logic stock overvalued right now?
Based on GuruFocus' analysis, Cirrus Logic (CRUS) is currently considered Modestly Undervalued. The stock's GF Value™ is $126.73, compared to a current price of $113.13 — trading 10.7% below its estimated fair value. The current Net-Net Working Capital is $16.69 and 52% above the Semiconductors industry median of 10.98. Cirrus Logic's overall GF Score™ is 88/100 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 Cirrus Logic (CRUS), the current Net-Net Working Capital is $16.69 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 Cirrus Logic (CRUS) Overvalued in 2026?
Based on GuruFocus' analysis, Cirrus Logic stock appears to be undervalued.
The current stock price of $113.13 is trading 10.7% below its estimated GF Value™ of $126.73.
GuruFocus considers Cirrus Logic to be Modestly Undervalued.
Key valuation signals for CRUS:
Net-Net Working Capital: $16.69
GF Value™: $126.73 vs. price of $113.13 (10.7% below fair value)
Industry Position: 52% above the Semiconductors median (#176 of 538)
No single metric tells the full story. See the CRUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cirrus Logic Inc is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, PCs, tablets, AR/VR headsets, wearables, home theater systems, automotive entertainment systems, and professional audio systems. The firm's products are organized into two streams: audio products and HPMS Products. These products include amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, India, South Korea, and countries across the world.
88GF Score
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