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.
Salvo Organic Industries's Net-Net Working Capital for the quarter that ended in Mar. 2026 was BDT-23.63.
The industry rank for Salvo Organic Industries's Net-Net Working Capital or its related term are showing as below:
DHA:SALVO's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 8.535 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Salvo Organic Industries (DHA:SALVO) 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.
Salvo Organic Industries Net-Net Working Capital Related Terms
Salvo Organic Industries Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Salvo Organic Industries'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.
Salvo Organic Industries Net-Net Working Capital Chart
DHA:SALVO vs DOW: Net-Net Working Capital Comparison
For the Chemicals subindustry, Salvo Organic Industries'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.
Salvo Organic Industries Price-to-Net-Net-Working-Capital vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Salvo Organic Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Salvo Organic Industries'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 BDT-23.63 mean?
Salvo Organic Industries (DHA:SALVO) has a Net-Net Working Capital of BDT-23.63 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 Salvo Organic Industries According to the industry distribution chart, Salvo Organic Industries ranks #999999 out of 592 companies in the Chemicals industry.
Is Salvo Organic Industries' Net-Net Working Capital too high?
Salvo Organic Industries' current Net-Net Working Capital is BDT-23.63. Based on the distribution chart, Salvo Organic Industries ranks #999999 out of 592 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Salvo Organic Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salvo Organic Industries' Net-Net Working Capital compare to DOW?
According to the Chemicals industry distribution chart, Salvo Organic Industries ranks #999999 out of 592 companies for Net-Net Working Capital. This places Salvo Organic Industries in the lower half of its industry. The industry median Net-Net Working Capital is 8.54. 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 Chemicals company?
The median Net-Net Working Capital among Chemicals companies is 8.54, based on 592 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 Salvo Organic Industries For the Chemicals industry, the median Net-Net Working Capital is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salvo Organic Industries's current Net-Net Working Capital is BDT-23.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salvo Organic Industries stock overvalued right now?
Based on GuruFocus' analysis, Salvo Organic Industries (DHA:SALVO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT39.28, compared to a current price of BDT33.20 — trading 15.5% below its estimated fair value. The current Net-Net Working Capital is BDT-23.63. Salvo Organic Industries' overall GF Score™ is 84/100 with 5 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 Salvo Organic Industries (DHA:SALVO), the current Net-Net Working Capital is BDT-23.63 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 Salvo Organic Industries (DHA:SALVO) Overvalued in 2026?
Based on GuruFocus' analysis, Salvo Organic Industries stock appears to be undervalued.
The current stock price of BDT33.20 is trading 15.5% below its estimated GF Value™ of BDT39.28.
GuruFocus considers Salvo Organic Industries to be Modestly Undervalued.
Key valuation signals for DHA:SALVO:
Net-Net Working Capital: BDT-23.63
GF Value™: BDT39.28 vs. price of BDT33.20 (15.5% below fair value)
No single metric tells the full story. See the DHA:SALVO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salvo Organic Industries PLC, formerly known as Salvo Chemical Industry Ltd, mainly engages in the manufacturing of sulphuric acid and liquid Glucose. In addition to that, the company also produces battery-grade water, Magnesium and zinc sulfate, starch, etc. Sulphuric Acid is used to produce ferrous sulfate, alum, etc, Additionally, it is used in the manufacturing of plasticizers, dyestuffs, explosives, silicate for toothpaste, adhesives, rubbers, edible oils, lubricants, the production of food acids. The segments of the company include Sulphuric Acid and battery-grade water, Starch & by- product, and Liquid Glucose. The majority of revenue is generated from the Starch & by-product segment.
84GF Score
Get the complete analysis for DHA:SALVO
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
DHA:SALVO has been successfully added to your 
