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Columbus McKinnonFRA:VC3 +0.88%55 Net-Net Working Capital is €-103.49 as of Mar. 2026. GuruFocus rates FRA:VC3 with a GF Score™ of 55/100 and a GF Value™ of €40.68 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 73 Farm & Heavy Construction Machinery companies, Columbus McKinnon ranks worse than 1369861.64% 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.
Columbus McKinnon's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €-103.49.
The industry rank for Columbus McKinnon's Net-Net Working Capital or its related term are showing as below:
FRA:VC3's Price-to-Net-Net-Working-Capital is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 6.84 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Columbus McKinnon (FRA:VC3) 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.
Columbus McKinnon Net-Net Working Capital Related Terms
Columbus McKinnon Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Columbus McKinnon'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:VC3 vs MTW, TWI, WNC: Net-Net Working Capital Comparison
For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon'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.
Columbus McKinnon Price-to-Net-Net-Working-Capital vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Columbus McKinnon's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Columbus McKinnon'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 €-103.49 mean?
Columbus McKinnon (FRA:VC3) has a Net-Net Working Capital of €-103.49 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 Columbus McKinnon According to the industry distribution chart, Columbus McKinnon ranks #999999 out of 73 companies in the Farm & Heavy Construction Machinery industry.
Is Columbus McKinnon's Net-Net Working Capital too high?
Columbus McKinnon's current Net-Net Working Capital is €-103.49. Based on the distribution chart, Columbus McKinnon ranks #999999 out of 73 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Columbus McKinnon has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Columbus McKinnon's Net-Net Working Capital compare to MTW and TWI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Columbus McKinnon ranks #999999 out of 73 companies for Net-Net Working Capital. This places Columbus McKinnon in the lower half of its industry. The industry median Net-Net Working Capital is 6.84. 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 Farm & Heavy Construction Machinery company?
The median Net-Net Working Capital among Farm & Heavy Construction Machinery companies is 6.84, based on 73 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 Columbus McKinnon For the Farm & Heavy Construction Machinery industry, the median Net-Net Working Capital is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Columbus McKinnon's current Net-Net Working Capital is €-103.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Columbus McKinnon stock overvalued right now?
Based on GuruFocus' analysis, Columbus McKinnon (FRA:VC3) is currently considered Possible Value Trap. The stock's GF Value™ is €40.68, compared to a current price of €11.50 — trading 71.7% below its estimated fair value. The current Net-Net Working Capital is €-103.49. Columbus McKinnon's overall GF Score™ is 55/100 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 Columbus McKinnon (FRA:VC3), the current Net-Net Working Capital is €-103.49 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 Columbus McKinnon (FRA:VC3) Overvalued in 2026?
Based on GuruFocus' analysis, Columbus McKinnon stock appears to be undervalued.
The current stock price of €11.50 is trading 71.7% below its estimated GF Value™ of €40.68.
GuruFocus considers Columbus McKinnon to be Possible Value Trap.
Key valuation signals for FRA:VC3:
Net-Net Working Capital: €-103.49
GF Value™: €40.68 vs. price of €11.50 (71.7% below fair value)
No single metric tells the full story. See the FRA:VC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Columbus McKinnon Corp is a world'wide designer, manufacturer and marketer of intelligent motion solutions for material handling that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations and digital power and motion control systems. These are relevant, professional-grade solutions that solve its customers critical material handling requirements.The Company has one operating and reportable segment. It has presence in United State, Germany, Europe, Middle East, and Africa (Excluding Germany), Canada, Asia Pacific, and Latin America. It has majority of sales from United States.
55GF Score
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