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GoodfellowGFELF 68 Net-Net Working Capital is $0.57 as of May. 2026. GuruFocus rates GFELF with a GF Score™ of 68/100 and a GF Value™ of $9.63 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 72 Forest Products companies, Goodfellow ranks worse than 73.61% 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.
Goodfellow's Net-Net Working Capital for the quarter that ended in May. 2026 was $0.57.
The industry rank for Goodfellow's Net-Net Working Capital or its related term are showing as below:
GFELF's Price-to-Net-Net-Working-Capital is ranked worse than 73.61% of 72
companies
in the Forest Products industry
Industry Median: 4.32
vs GFELF: 14.48
Goodfellow (OTCPK:GFELF) 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.
Goodfellow Net-Net Working Capital Related Terms
Goodfellow Net-Net Working Capital Historical Data
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The historical data trend for Goodfellow'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.
GFELF vs SSD, UFPI, BCC: Net-Net Working Capital Comparison
For the Lumber & Wood Production subindustry, Goodfellow'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.
Goodfellow Price-to-Net-Net-Working-Capital vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Goodfellow's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Goodfellow'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 $0.57 mean?
Goodfellow (GFELF) has a Net-Net Working Capital of $0.57 as of May. 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 Goodfellow According to the industry distribution chart, Goodfellow ranks #53 out of 72 companies in the Forest Products industry, placing it in the top 73.6%.
Is Goodfellow's Net-Net Working Capital too high?
Goodfellow's current Net-Net Working Capital is $0.57. The Forest Products industry median Net-Net Working Capital is 4.32. Goodfellow's value of $0.57 is 86.8% below this industry median. Based on the distribution chart, Goodfellow ranks #53 out of 72 companies in the Forest Products industry, which is below the industry midpoint. Overall, Goodfellow has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodfellow's Net-Net Working Capital compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Goodfellow ranks #53 out of 72 companies for Net-Net Working Capital. This places Goodfellow in the lower half of its industry. The industry median Net-Net Working Capital is 4.32. Goodfellow's value of $0.57 is 86.8% below this benchmark. 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 Forest Products company?
The median Net-Net Working Capital among Forest Products companies is 4.32, based on 72 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. Goodfellow's current Net-Net Working Capital of $0.57 is 86.8% below the industry median. 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 Goodfellow For the Forest Products industry, the median Net-Net Working Capital is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfellow's current Net-Net Working Capital is $0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfellow stock overvalued right now?
Based on GuruFocus' analysis, Goodfellow (GFELF) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.63, compared to a current price of $8.40 — trading 12.8% below its estimated fair value. The current Net-Net Working Capital is $0.57 and 86.8% below the Forest Products industry median of 4.32. Goodfellow's overall GF Score™ is 68/100 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 Goodfellow (GFELF), the current Net-Net Working Capital is $0.57 as of May. 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 Goodfellow (GFELF) Overvalued in 2026?
Based on GuruFocus' analysis, Goodfellow stock appears to be undervalued.
The current stock price of $8.40 is trading 12.8% below its estimated GF Value™ of $9.63.
GuruFocus considers Goodfellow to be Modestly Undervalued.
Key valuation signals for GFELF:
Net-Net Working Capital: $0.57
GF Value™: $9.63 vs. price of $8.40 (12.8% below fair value)
Industry Position: 86.8% below the Forest Products median (#53 of 72)
No single metric tells the full story. See the GFELF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodfellow Inc is engaged in various business activities related to the remanufacturing and distribution of lumber and wood products. The company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring, and Building materials. The majority of the company's revenue is generated from the sale of Lumber. The company operates in Canada and the United States; the majority of its revenue is generated from Canada.
68GF Score
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