GPOVF (Grupo CarsoB de CV) Net-Net Working Capital: $-1.13 (As of Mar. 2026)

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GPOVF Grupo Carso SAB de CV GPOVF
81 GF Score
Price $7.55
GF Value $8.02
Valuation Fairly Valued
! 7 Warning Signs
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What is Grupo CarsoB de CV Net-Net Working Capital?

Grupo CarsoB de CV GPOVF 81 Net-Net Working Capital is $-1.13 as of Mar. 2026. GuruFocus rates GPOVF with a GF Score™ of 81/100 and a GF Value™ of $8.02 (Fairly Valued). The stock has 7 warning signs investors should review. Among 113 Conglomerates companies, Grupo CarsoB de CV ranks worse than 884954.87% 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.

Grupo CarsoB de CV's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-1.13.

The industry rank for Grupo CarsoB de CV's Net-Net Working Capital or its related term are showing as below:

GPOVF's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 5.76
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Grupo CarsoB de CV  (OTCPK:GPOVF) 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 CarsoB de CV Net-Net Working Capital Related Terms


Grupo CarsoB de CV Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Grupo CarsoB de CV'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.

Grupo CarsoB de CV Net-Net Working Capital Chart

Grupo CarsoB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.00 -1.62 -1.81 -1.81 -1.57

Grupo CarsoB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.38 -1.28 -1.28 -1.57 -1.13

GPOVF vs HON, MMM: Net-Net Working Capital Comparison

For the Conglomerates subindustry, Grupo CarsoB 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 CarsoB de CV Price-to-Net-Net-Working-Capital vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo CarsoB de CV's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Grupo CarsoB de CV's Price-to-Net-Net-Working-Capital falls into.


GPOVF
81GF Score
Grupo Carso SAB de CV GPOVF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo CarsoB de CV Net-Net Working Capital Calculation

Grupo CarsoB de CV's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1310.512+0.75 * 1434.747+0.5 * 1628.747-5547.004
-0-1199.983)/2253.534
=-1.57

Grupo CarsoB de CV's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1246.359+0.75 * 2587.114+0.5 * 1573.315-5283.055
-0-1230.739)/2252.916
=-1.13

* 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 $-1.13 mean?
Grupo CarsoB de CV (GPOVF) has a Net-Net Working Capital of $-1.13 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 Grupo CarsoB de CV According to the industry distribution chart, Grupo CarsoB de CV ranks #999999 out of 113 companies in the Conglomerates industry.
Is Grupo CarsoB de CV's Net-Net Working Capital too high?
Grupo CarsoB de CV's current Net-Net Working Capital is $-1.13. Based on the distribution chart, Grupo CarsoB de CV ranks #999999 out of 113 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Grupo CarsoB de CV has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo CarsoB de CV's Net-Net Working Capital compare to HON and MMM?
According to the Conglomerates industry distribution chart, Grupo CarsoB de CV ranks #999999 out of 113 companies for Net-Net Working Capital. This places Grupo CarsoB de CV in the lower half of its industry. The industry median Net-Net Working Capital is 5.76. 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 Conglomerates company?
The median Net-Net Working Capital among Conglomerates companies is 5.76, based on 113 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 CarsoB de CV For the Conglomerates industry, the median Net-Net Working Capital is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo CarsoB de CV's current Net-Net Working Capital is $-1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo CarsoB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo CarsoB de CV (GPOVF) is currently considered Fairly Valued. The stock's GF Value™ is $8.02, compared to a current price of $7.55 — trading 5.9% below its estimated fair value. The current Net-Net Working Capital is $-1.13. Grupo CarsoB de CV's overall GF Score™ is 81/100 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 Grupo CarsoB de CV (GPOVF), the current Net-Net Working Capital is $-1.13 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 Grupo CarsoB de CV (GPOVF) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo CarsoB de CV stock appears to be undervalued. The current stock price of $7.55 is trading 5.9% below its estimated GF Value™ of $8.02. GuruFocus considers Grupo CarsoB de CV to be Fairly Valued.

Key valuation signals for GPOVF:

  • Net-Net Working Capital: $-1.13
  • GF Value™: $8.02 vs. price of $7.55 (5.9% below fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the GPOVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo CarsoB de CV Business Description

Other Exchanges GCARSOA1:Mexico4GF:Germany
Address 255 Frisco Building, Lago Zurich 245, 6th Floor, Ampliacion Granada, Mexico City, MEX, 11529
Grupo Carso SAB de CV is a conglomerate based in Mexico with business presence in several countries, mainly in the Americas and Europe. The firm has operations in four main business segments: commercial and retail, industrial and manufacturing, infrastructure and construction, and energy. The largest contributor to sales, the commercial and retail division, serves middle- and high-income consumers and operates department stores, boutiques, restaurants, and multimedia stores. The industrial and manufacturing segment has a portfolio of products and services focused on cables, power transformers and reactors, and alternative energies, among others. The infrastructure and construction division serves sectors like the oil and chemical industries, pipeline installation, and housing development.
81GF Score

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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.55
Price
$8.02
GF Value