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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.
FRA:2CDA's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 6.16 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Controladora Vuela Compania de AviacionB de CV (FRA:2CDA) 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.
Controladora Vuela Compania de AviacionB de CV Net-Net Working Capital Related Terms
Controladora Vuela Compania de AviacionB de CV 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.
Controladora Vuela Compania de AviacionB de CV Net-Net Working Capital Chart
Controladora Vuela Compania de AviacionB de CV Annual Data
FRA:2CDA vs DAL, UAL, LUV: Net-Net Working Capital Comparison
For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV'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.
Controladora Vuela Compania de AviacionB de CV Price-to-Net-Net-Working-Capital vs Transportation Industry
* 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 €-35.65 mean?
Controladora Vuela Compania de AviacionB de CV (FRA:2CDA) has a Net-Net Working Capital of €-35.65 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 Controladora Vuela Compania de AviacionB de CV According to the industry distribution chart, Controladora Vuela Compania de AviacionB de CV ranks #999999 out of 218 companies in the Transportation industry.
Is Controladora Vuela Compania de AviacionB de CV's Net-Net Working Capital too high?
Controladora Vuela Compania de AviacionB de CV's current Net-Net Working Capital is €-35.65. Based on the distribution chart, Controladora Vuela Compania de AviacionB de CV ranks #999999 out of 218 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Controladora Vuela Compania de AviacionB de CV has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Controladora Vuela Compania de AviacionB de CV's Net-Net Working Capital compare to DAL and UAL?
According to the Transportation industry distribution chart, Controladora Vuela Compania de AviacionB de CV ranks #999999 out of 218 companies for Net-Net Working Capital. This places Controladora Vuela Compania de AviacionB de CV in the lower half of its industry. The industry median Net-Net Working Capital is 6.16. 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 Transportation company?
The median Net-Net Working Capital among Transportation companies is 6.16, based on 218 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 Controladora Vuela Compania de AviacionB de CV For the Transportation industry, the median Net-Net Working Capital is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Controladora Vuela Compania de AviacionB de CV's current Net-Net Working Capital is €-35.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Controladora Vuela Compania de AviacionB de CV stock overvalued right now?
Controladora Vuela Compania de AviacionB de CV (FRA:2CDA) has a current Net-Net Working Capital of €-35.65. The stock's GF Value™ is €6.82, compared to a current price of €6.65 — trading 2.5% below its estimated fair value. The current Net-Net Working Capital is €-35.65. Controladora Vuela Compania de AviacionB de CV's overall GF Score™ is 78/100 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 Controladora Vuela Compania de AviacionB de CV (FRA:2CDA), the current Net-Net Working Capital is €-35.65 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 Controladora Vuela Compania de AviacionB de CV (FRA:2CDA) Overvalued in 2026?
Based on GuruFocus' analysis, Controladora Vuela Compania de AviacionB de CV stock appears to be undervalued.
The current stock price of €6.65 is trading 2.5% below its estimated GF Value™ of €6.82.
Key valuation signals for FRA:2CDA:
Net-Net Working Capital: €-35.65
GF Value™: €6.82 vs. price of €6.65 (2.5% below fair value)
No single metric tells the full story. See the FRA:2CDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Controladora Vuela Compania de AviacionB de CV Business Description
Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central, and South America. It uses promotional fares to stimulate demand, and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires on the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger services and cargo services. The Company has two geographic areas identified as domestic (Mexico) and international (United States of America, Central America, and South America).
78GF Score
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