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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.
Charlottes Web Holdings's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $0.01.
The industry rank for Charlottes Web Holdings's Net-Net Working Capital or its related term are showing as below:
CWBHF's Price-to-Net-Net-Working-Capital is ranked worse than 76.66% of 407
companies
in the Drug Manufacturers industry
Industry Median: 8.4
vs CWBHF: 15.50
Charlottes Web Holdings (OTCPK:CWBHF) 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.
Charlottes Web Holdings Net-Net Working Capital Related Terms
Charlottes Web Holdings Net-Net Working Capital Historical Data
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The historical data trend for Charlottes Web Holdings'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.
Charlottes Web Holdings Net-Net Working Capital Chart
For the Drug Manufacturers - Specialty & Generic subindustry, Charlottes Web 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.
Charlottes Web Holdings Price-to-Net-Net-Working-Capital vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Charlottes Web Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Charlottes Web 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 $0.01 mean?
Charlottes Web Holdings (CWBHF) has a Net-Net Working Capital of $0.01 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 Charlottes Web Holdings According to the industry distribution chart, Charlottes Web Holdings ranks #312 out of 407 companies in the Drug Manufacturers industry, placing it in the top 76.7%.
Is Charlottes Web Holdings' Net-Net Working Capital too high?
Charlottes Web Holdings' current Net-Net Working Capital is $0.01. The Drug Manufacturers industry median Net-Net Working Capital is 8.40. Charlottes Web Holdings' value of $0.01 is 99.9% below this industry median. Based on the distribution chart, Charlottes Web Holdings ranks #312 out of 407 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Charlottes Web Holdings has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charlottes Web Holdings' Net-Net Working Capital compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Charlottes Web Holdings ranks #312 out of 407 companies for Net-Net Working Capital. This places Charlottes Web Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 8.40. Charlottes Web Holdings' value of $0.01 is 99.9% 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 Drug Manufacturers company?
The median Net-Net Working Capital among Drug Manufacturers companies is 8.40, based on 407 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. Charlottes Web Holdings's current Net-Net Working Capital of $0.01 is 99.9% 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 Charlottes Web Holdings For the Drug Manufacturers industry, the median Net-Net Working Capital is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charlottes Web Holdings's current Net-Net Working Capital is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charlottes Web Holdings stock overvalued right now?
Based on GuruFocus' analysis, Charlottes Web Holdings (CWBHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.13, compared to a current price of $0.31 — trading 138.5% above its estimated fair value. The current Net-Net Working Capital is $0.01 and 99.9% below the Drug Manufacturers industry median of 8.40. Charlottes Web Holdings' overall GF Score™ is 40/100 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 Charlottes Web Holdings (CWBHF), the current Net-Net Working Capital is $0.01 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 Charlottes Web Holdings (CWBHF) Overvalued in 2026?
Based on GuruFocus' analysis, Charlottes Web Holdings stock appears to be overvalued.
The current stock price of $0.31 is trading 138.5% above its estimated GF Value™ of $0.13.
GuruFocus considers Charlottes Web Holdings to be Significantly Overvalued.
Key valuation signals for CWBHF:
Net-Net Working Capital: $0.01
GF Value™: $0.13 vs. price of $0.31 (138.5% above fair value)
Industry Position: 99.9% below the Drug Manufacturers median (#312 of 407)
No single metric tells the full story. See the CWBHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick-and-mortar specialty retailers.
40GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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