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Champion HomesFRA:3IL 80 Net-Net Working Capital is €7.28 as of Jun. 2026. GuruFocus rates FRA:3IL with a GF Score™ of 80/100 and a GF Value™ of €64.79. The stock has 7 warning signs investors should review. Among 36 Homebuilding & Construction companies, Champion Homes ranks worse than 61.11% on this metric.
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.
Champion Homes's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €7.28.
The industry rank for Champion Homes's Net-Net Working Capital or its related term are showing as below:
FRA:3IL's Price-to-Net-Net-Working-Capital is ranked worse than 61.11% of 36
companies
in the Homebuilding & Construction industry
Industry Median: 8.25
vs FRA:3IL: 11.28
Champion Homes (FRA:3IL) 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.
Champion Homes Net-Net Working Capital Related Terms
Champion Homes Net-Net Working Capital Historical Data
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The historical data trend for Champion Homes'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.
For the Residential Construction subindustry, Champion Homes'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.
Champion Homes Price-to-Net-Net-Working-Capital vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Champion Homes's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Champion Homes'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 €7.28 mean?
Champion Homes (FRA:3IL) has a Net-Net Working Capital of €7.28 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 Champion Homes According to the industry distribution chart, Champion Homes ranks #22 out of 36 companies in the Homebuilding & Construction industry, placing it in the top 61.1%.
Is Champion Homes' Net-Net Working Capital too high?
Champion Homes' current Net-Net Working Capital is €7.28. Based on the distribution chart, Champion Homes ranks #22 out of 36 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Champion Homes has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Champion Homes' Net-Net Working Capital compare to ?
According to the Homebuilding & Construction industry distribution chart, Champion Homes ranks #22 out of 36 companies for Net-Net Working Capital. This places Champion Homes in the lower half of its industry. The industry median Net-Net Working Capital is 8.25. 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 Homebuilding & Construction company?
The median Net-Net Working Capital among Homebuilding & Construction companies is 8.25, based on 36 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 Champion Homes For the Homebuilding & Construction industry, the median Net-Net Working Capital is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Champion Homes's current Net-Net Working Capital is €7.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Homes stock overvalued right now?
Champion Homes (FRA:3IL) has a current Net-Net Working Capital of €7.28. The stock's GF Value™ is €64.79, compared to a current price of €65.00 — trading 0.3% above its estimated fair value. The current Net-Net Working Capital is €7.28. Champion Homes' overall GF Score™ is 80/100 with 7 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 Champion Homes (FRA:3IL), the current Net-Net Working Capital is €7.28 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 Champion Homes (FRA:3IL) Overvalued in 2026?
Based on GuruFocus' analysis, Champion Homes stock appears to be overvalued.
The current stock price of €65.00 is trading 0.3% above its estimated GF Value™ of €64.79.
Key valuation signals for FRA:3IL:
Net-Net Working Capital: €7.28
GF Value™: €64.79 vs. price of €65.00 (0.3% above fair value)
No single metric tells the full story. See the FRA:3IL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Champion Homes Inc is a factory-built housing company in North America. The company is well positioned with an portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and other hospitality sectors. In addition to its core home building business, the company provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.
80GF Score
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