Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
CWSRF's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 15.975 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Chartwell Retirement Residences (OTCPK:CWSRF) 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.
Chartwell Retirement Residences Net-Net Working Capital Related Terms
Chartwell Retirement Residences 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.
Chartwell Retirement Residences Net-Net Working Capital Chart
CWSRF vs WELL, VTR, OHI: Net-Net Working Capital Comparison
For the REIT - Healthcare Facilities subindustry, Chartwell Retirement Residences'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.
Chartwell Retirement Residences Price-to-Net-Net-Working-Capital vs REITs Industry
For the REITs industry and Real Estate sector, Chartwell Retirement Residences's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Chartwell Retirement Residences'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 $-6.96 mean?
Chartwell Retirement Residences (CWSRF) has a Net-Net Working Capital of $-6.96 as of Mar. 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 Chartwell Retirement Residences According to the industry distribution chart, Chartwell Retirement Residences ranks #999999 out of 112 companies in the REITs industry.
Is Chartwell Retirement Residences' Net-Net Working Capital too high?
Chartwell Retirement Residences' current Net-Net Working Capital is $-6.96. Based on the distribution chart, Chartwell Retirement Residences ranks #999999 out of 112 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Chartwell Retirement Residences has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chartwell Retirement Residences' Net-Net Working Capital compare to WELL and VTR?
According to the REITs industry distribution chart, Chartwell Retirement Residences ranks #999999 out of 112 companies for Net-Net Working Capital. This places Chartwell Retirement Residences in the lower half of its industry. The industry median Net-Net Working Capital is 15.98. 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 REITs company?
The median Net-Net Working Capital among REITs companies is 15.98, based on 112 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 Chartwell Retirement Residences For the REITs industry, the median Net-Net Working Capital is 15.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chartwell Retirement Residences's current Net-Net Working Capital is $-6.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chartwell Retirement Residences stock overvalued right now?
Based on GuruFocus' analysis, Chartwell Retirement Residences (CWSRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.25, compared to a current price of $15.40 — trading 16.2% above its estimated fair value. The current Net-Net Working Capital is $-6.96. Chartwell Retirement Residences' overall GF Score™ is 69/100 with 11 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 Chartwell Retirement Residences (CWSRF), the current Net-Net Working Capital is $-6.96 as of Mar. 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 Chartwell Retirement Residences (CWSRF) Overvalued in 2026?
Based on GuruFocus' analysis, Chartwell Retirement Residences stock appears to be overvalued.
The current stock price of $15.40 is trading 16.2% above its estimated GF Value™ of $13.25.
GuruFocus considers Chartwell Retirement Residences to be Modestly Overvalued.
Key valuation signals for CWSRF:
Net-Net Working Capital: $-6.96
GF Value™: $13.25 vs. price of $15.40 (16.2% above fair value)
No single metric tells the full story. See the CWSRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chartwell Retirement Residences is an unincorporated open-ended real estate trust that is engaged in the ownership, operations, and management of retirement residences and long-term care homes in Canada. The company generates key revenue from retirement operations, which include retirement residences that the company owns and operates in Canada. The retirement residences provide services to residents at rates set by Chartwell based on the services provided and market conditions.
69GF Score
Get the complete analysis for CWSRF
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CWSRF has been successfully added to your 
