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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:2GCB's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Defensive industry.
Industry Median: 5.26 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Grupo Comercial ChedrauiB de CV (FRA:2GCB) 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.
Grupo Comercial ChedrauiB de CV Net-Net Working Capital Related Terms
Grupo Comercial ChedrauiB 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.
Grupo Comercial ChedrauiB de CV Net-Net Working Capital Chart
FRA:2GCB vs KR, SFM, ACI: Net-Net Working Capital Comparison
For the Grocery Stores subindustry, Grupo Comercial ChedrauiB 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.
Grupo Comercial ChedrauiB de CV Price-to-Net-Net-Working-Capital vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Grupo Comercial ChedrauiB de CV's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Grupo Comercial ChedrauiB de CV'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 €-4.16 mean?
Grupo Comercial ChedrauiB de CV (FRA:2GCB) has a Net-Net Working Capital of €-4.16 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 Grupo Comercial ChedrauiB de CV According to the industry distribution chart, Grupo Comercial ChedrauiB de CV ranks #999999 out of 79 companies in the Retail - Defensive industry.
Is Grupo Comercial ChedrauiB de CV's Net-Net Working Capital too high?
Grupo Comercial ChedrauiB de CV's current Net-Net Working Capital is €-4.16. Based on the distribution chart, Grupo Comercial ChedrauiB de CV ranks #999999 out of 79 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Grupo Comercial ChedrauiB de CV has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Comercial ChedrauiB de CV's Net-Net Working Capital compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Grupo Comercial ChedrauiB de CV ranks #999999 out of 79 companies for Net-Net Working Capital. This places Grupo Comercial ChedrauiB de CV in the lower half of its industry. The industry median Net-Net Working Capital is 5.26. 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 Retail - Defensive company?
The median Net-Net Working Capital among Retail - Defensive companies is 5.26, based on 79 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 Grupo Comercial ChedrauiB de CV For the Retail - Defensive industry, the median Net-Net Working Capital is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Comercial ChedrauiB de CV's current Net-Net Working Capital is €-4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Comercial ChedrauiB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo Comercial ChedrauiB de CV (FRA:2GCB) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.56, compared to a current price of €4.58 — trading 30.2% below its estimated fair value. The current Net-Net Working Capital is €-4.16. Grupo Comercial ChedrauiB de CV's overall GF Score™ is 79/100 with 1 warning sign 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 Grupo Comercial ChedrauiB de CV (FRA:2GCB), the current Net-Net Working Capital is €-4.16 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 Grupo Comercial ChedrauiB de CV (FRA:2GCB) Overvalued in 2026?
Based on GuruFocus' analysis, Grupo Comercial ChedrauiB de CV stock appears to be undervalued.
The current stock price of €4.58 is trading 30.2% below its estimated GF Value™ of €6.56.
GuruFocus considers Grupo Comercial ChedrauiB de CV to be Modestly Undervalued.
Key valuation signals for FRA:2GCB:
Net-Net Working Capital: €-4.16
GF Value™: €6.56 vs. price of €4.58 (30.2% below fair value)
No single metric tells the full story. See the FRA:2GCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grupo Comercial Chedraui SAB de CV is a Spanish company engaged in the operation of hypermarkets in Mexico and supermarkets in the United States, and it also has a real estate division. In Mexico, the company operates through two retail formats: Tiendas Chedraui and Super Chedraui, which represent different sizes and depth of assortment. The retail stores in the U.S. are located in three southwest states: California, Nevada, and Arizona. The real estate division is involved in locating, building, and remodelling the stores, as well as leasing commercial space in shopping malls where there are Chedraui stores.
79GF Score
Get the complete analysis for FRA:2GCB
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