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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.
Kornit Digital's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €8.29.
The industry rank for Kornit Digital's Net-Net Working Capital or its related term are showing as below:
FRA:0KD's Price-to-Net-Net-Working-Capital is ranked better than 90.83% of 1319
companies
in the Industrial Products industry
Industry Median: 8.18
vs FRA:0KD: 1.76
Kornit Digital (FRA:0KD) 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.
Kornit Digital Net-Net Working Capital Related Terms
Kornit Digital Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Kornit Digital'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.
FRA:0KD vs PSIX, FISN, NNE: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, Kornit Digital'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.
Kornit Digital Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kornit Digital's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Kornit Digital'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 €8.29 mean?
Kornit Digital (FRA:0KD) has a Net-Net Working Capital of €8.29 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 Kornit Digital According to the industry distribution chart, Kornit Digital ranks #121 out of 1319 companies in the Industrial Products industry, placing it in the top 9.2%.
Is Kornit Digital's Net-Net Working Capital too high?
Kornit Digital's current Net-Net Working Capital is €8.29. Based on the distribution chart, Kornit Digital ranks #121 out of 1319 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kornit Digital has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kornit Digital's Net-Net Working Capital compare to PSIX and FISN?
According to the Industrial Products industry distribution chart, Kornit Digital ranks #121 out of 1319 companies for Net-Net Working Capital. This places Kornit Digital in the top 9% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 8.18. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.18, based on 1,319 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 Kornit Digital For the Industrial Products industry, the median Net-Net Working Capital is 8.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kornit Digital's current Net-Net Working Capital is €8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kornit Digital stock overvalued right now?
Based on GuruFocus' analysis, Kornit Digital (FRA:0KD) is currently considered Fairly Valued. The stock's GF Value™ is €14.93, compared to a current price of €13.80 — trading 7.6% below its estimated fair value. The current Net-Net Working Capital is €8.29. Kornit Digital's overall GF Score™ is 72/100 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 Kornit Digital (FRA:0KD), the current Net-Net Working Capital is €8.29 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 Kornit Digital (FRA:0KD) Overvalued in 2026?
Based on GuruFocus' analysis, Kornit Digital stock appears to be undervalued.
The current stock price of €13.80 is trading 7.6% below its estimated GF Value™ of €14.93.
GuruFocus considers Kornit Digital to be Fairly Valued.
Key valuation signals for FRA:0KD:
Net-Net Working Capital: €8.29
GF Value™: €14.93 vs. price of €13.80 (7.6% below fair value)
No single metric tells the full story. See the FRA:0KD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kornit Digital Ltd is a developer and provider of digital solutions for the printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services that enable large-scale printing of short-run complex images and designs directly on finished garments and fabrics. It generates revenue from sales of systems, ink, and other consumables, and services, including software subscriptions. The company geographically operates in the U.S., EMEA, Asia Pacific, and other countries. It derives maximum revenue from the U.S.
72GF 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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