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HAZAMA ANDOHAZAF 84 Net-Net Working Capital is $0.78 as of Mar. 2026. GuruFocus rates HAZAF with a GF Score™ of 84/100 and a GF Value™ of $6.04. The stock has 2 warning signs investors should review. Among 484 Construction companies, HAZAMA ANDO ranks worse than 76.65% 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.
HAZAMA ANDO's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.78.
The industry rank for HAZAMA ANDO's Net-Net Working Capital or its related term are showing as below:
HAZAF's Price-to-Net-Net-Working-Capital is ranked worse than 76.65% of 484
companies
in the Construction industry
Industry Median: 6.06
vs HAZAF: 14.66
HAZAMA ANDO (OTCPK:HAZAF) 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.
HAZAMA ANDO Net-Net Working Capital Related Terms
HAZAMA ANDO Net-Net Working Capital Historical Data
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The historical data trend for HAZAMA ANDO'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.
HAZAF vs PWR, FIX, EME: Net-Net Working Capital Comparison
For the Engineering & Construction subindustry, HAZAMA ANDO'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.
HAZAMA ANDO Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, HAZAMA ANDO's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where HAZAMA ANDO'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 $0.78 mean?
HAZAMA ANDO (HAZAF) has a Net-Net Working Capital of $0.78 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 HAZAMA ANDO According to the industry distribution chart, HAZAMA ANDO ranks #371 out of 484 companies in the Construction industry, placing it in the top 76.7%.
Is HAZAMA ANDO's Net-Net Working Capital too high?
HAZAMA ANDO's current Net-Net Working Capital is $0.78. The Construction industry median Net-Net Working Capital is 6.06. HAZAMA ANDO's value of $0.78 is 87.1% below this industry median. Based on the distribution chart, HAZAMA ANDO ranks #371 out of 484 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, HAZAMA ANDO has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does HAZAMA ANDO's Net-Net Working Capital compare to PWR and FIX?
According to the Construction industry distribution chart, HAZAMA ANDO ranks #371 out of 484 companies for Net-Net Working Capital. This places HAZAMA ANDO in the lower half of its industry. The industry median Net-Net Working Capital is 6.06. HAZAMA ANDO's value of $0.78 is 87.1% 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 Construction company?
The median Net-Net Working Capital among Construction companies is 6.06, based on 484 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. HAZAMA ANDO's current Net-Net Working Capital of $0.78 is 87.1% 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 HAZAMA ANDO For the Construction industry, the median Net-Net Working Capital is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAZAMA ANDO's current Net-Net Working Capital is $0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAZAMA ANDO stock overvalued right now?
HAZAMA ANDO (HAZAF) has a current Net-Net Working Capital of $0.78. The stock's GF Value™ is $6.04, compared to a current price of $7.77 — trading 28.6% above its estimated fair value. The current Net-Net Working Capital is $0.78 and 87.1% below the Construction industry median of 6.06. HAZAMA ANDO's overall GF Score™ is 84/100 with 2 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 HAZAMA ANDO (HAZAF), the current Net-Net Working Capital is $0.78 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 HAZAMA ANDO (HAZAF) Overvalued in 2026?
Based on GuruFocus' analysis, HAZAMA ANDO stock appears to be overvalued.
The current stock price of $7.77 is trading 28.6% above its estimated GF Value™ of $6.04.
Key valuation signals for HAZAF:
Net-Net Working Capital: $0.78
GF Value™: $6.04 vs. price of $7.77 (28.6% above fair value)
Industry Position: 87.1% below the Construction median (#371 of 484)
No single metric tells the full story. See the HAZAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAZAMA ANDO Corp is a Japanese company which is mainly engaged in construction and construction-related business. The company has three reportable segments namely Civil Engineering, Building Construction and Consolidated Subsidiaries. The Civil Engineering services include surveys, measurements, planning, designing, execution, supervising, technical guidance commissioning, and consulting work. It also provides collection, handling, and disposal of waste, and consulting work relating to such business as well as an area development, urban development, and environmental improvements. The majority of the company's revenue comes from the domestic business in Japan.
84GF 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.
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