GSI TechnologyGSIT -2.59%48 Net-Net Working Capital is $1.54 as of Mar. 2026. GuruFocus rates GSIT with a GF Score™ of 48/100 and a GF Value™ of $2.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 538 Semiconductors companies, GSI Technology ranks better than 83.46% 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.
GSI Technology's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $1.54.
The industry rank for GSI Technology's Net-Net Working Capital or its related term are showing as below:
GSIT's Price-to-Net-Net-Working-Capital is ranked better than 83.46% of 538
companies
in the Semiconductors industry
Industry Median: 13.98
vs GSIT: 4.27
GSI Technology (NAS:GSIT) 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.
GSI Technology Net-Net Working Capital Related Terms
GSI Technology Net-Net Working Capital Historical Data
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The historical data trend for GSI Technology'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.
GSIT vs VLN, GCTS, QUIK: Net-Net Working Capital Comparison
For the Semiconductors subindustry, GSI Technology'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.
GSI Technology Price-to-Net-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, GSI Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where GSI Technology'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 $1.54 mean?
GSI Technology (GSIT) has a Net-Net Working Capital of $1.54 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 GSI Technology According to the industry distribution chart, GSI Technology ranks #89 out of 538 companies in the Semiconductors industry, placing it in the top 16.5%.
Is GSI Technology's Net-Net Working Capital too high?
GSI Technology's current Net-Net Working Capital is $1.54. The Semiconductors industry median Net-Net Working Capital is 13.98. GSI Technology's value of $1.54 is 89% below this industry median. Based on the distribution chart, GSI Technology ranks #89 out of 538 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GSI Technology has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GSI Technology's Net-Net Working Capital compare to VLN and GCTS?
According to the Semiconductors industry distribution chart, GSI Technology ranks #89 out of 538 companies for Net-Net Working Capital. This places GSI Technology in the top 17% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 13.98. GSI Technology's value of $1.54 is 89% 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 13.98, based on 538 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. GSI Technology's current Net-Net Working Capital of $1.54 is 89% 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 GSI Technology For the Semiconductors industry, the median Net-Net Working Capital is 13.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSI Technology's current Net-Net Working Capital is $1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSI Technology stock overvalued right now?
Based on GuruFocus' analysis, GSI Technology (GSIT) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.95, compared to a current price of $6.58 — trading 123.1% above its estimated fair value. The current Net-Net Working Capital is $1.54 and 89% below the Semiconductors industry median of 13.98. GSI Technology's overall GF Score™ is 48/100 with 3 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 GSI Technology (GSIT), the current Net-Net Working Capital is $1.54 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 GSI Technology (GSIT) Overvalued in 2026?
Based on GuruFocus' analysis, GSI Technology stock appears to be overvalued.
The current stock price of $6.58 is trading 123.1% above its estimated GF Value™ of $2.95.
GuruFocus considers GSI Technology to be Significantly Overvalued.
Key valuation signals for GSIT:
Net-Net Working Capital: $1.54
GF Value™: $2.95 vs. price of $6.58 (123.1% above fair value)
Industry Position: 89% below the Semiconductors median (#89 of 538)
No single metric tells the full story. See the GSIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.
48GF Score
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