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GCT Semiconductor HoldingGCTS +1.79% Net-Net Working Capital is $-1.19 as of Mar. 2026. The stock has 8 warning signs investors should review. Among 532 Semiconductors companies, GCT Semiconductor Holding ranks worse than 187969.74% 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.
GCT Semiconductor Holding's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-1.19.
The industry rank for GCT Semiconductor Holding's Net-Net Working Capital or its related term are showing as below:
GCTS's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 11.835 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
GCT Semiconductor Holding (NYSE:GCTS) 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.
GCT Semiconductor Holding Net-Net Working Capital Related Terms
GCT Semiconductor Holding Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for GCT Semiconductor Holding'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.
GCT Semiconductor Holding Net-Net Working Capital Chart
GCTS vs VLN, GSIT, QUIK: Net-Net Working Capital Comparison
For the Semiconductors subindustry, GCT Semiconductor Holding'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.
GCT Semiconductor Holding Price-to-Net-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, GCT Semiconductor Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where GCT Semiconductor Holding'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 $-1.19 mean?
GCT Semiconductor Holding (GCTS) has a Net-Net Working Capital of $-1.19 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 GCT Semiconductor Holding According to the industry distribution chart, GCT Semiconductor Holding ranks #999999 out of 532 companies in the Semiconductors industry.
Is GCT Semiconductor Holding's Net-Net Working Capital too high?
GCT Semiconductor Holding's current Net-Net Working Capital is $-1.19. Based on the distribution chart, GCT Semiconductor Holding ranks #999999 out of 532 companies in the Semiconductors industry, which is in the bottom quartile relative to peers.
How does GCT Semiconductor Holding's Net-Net Working Capital compare to VLN and GSIT?
According to the Semiconductors industry distribution chart, GCT Semiconductor Holding ranks #999999 out of 532 companies for Net-Net Working Capital. This places GCT Semiconductor Holding in the lower half of its industry. The industry median Net-Net Working Capital is 11.84. 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 11.84, based on 532 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 GCT Semiconductor Holding For the Semiconductors industry, the median Net-Net Working Capital is 11.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GCT Semiconductor Holding's current Net-Net Working Capital is $-1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GCT Semiconductor Holding stock overvalued right now?
GCT Semiconductor Holding (GCTS) has a current Net-Net Working Capital of $-1.19. The current Net-Net Working Capital is $-1.19. 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 GCT Semiconductor Holding (GCTS), the current Net-Net Working Capital is $-1.19 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.
GCT Semiconductor Holding Inc is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications, and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem, and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness. Geographically, operates in South Korea and the United States, with maximum revenue from the USA.
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