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Inno HoldingsINHD -54.42%13 Net-Net Working Capital is $78.00 as of Mar. 2026. GuruFocus rates INHD with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 180 Steel companies, Inno Holdings ranks better than 96.67% 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.
Inno Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $78.00.
The industry rank for Inno Holdings's Net-Net Working Capital or its related term are showing as below:
INHD's Price-to-Net-Net-Working-Capital is ranked better than 96.67% of 180
companies
in the Steel industry
Industry Median: 4.615
vs INHD: 0.23
Inno Holdings (NAS:INHD) 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.
Inno Holdings Net-Net Working Capital Related Terms
Inno Holdings Net-Net Working Capital Historical Data
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The historical data trend for Inno Holdings'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.
INHD vs FRD, LUD, HLP: Net-Net Working Capital Comparison
For the Steel subindustry, Inno Holdings'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.
Inno Holdings Price-to-Net-Net-Working-Capital vs Steel Industry
For the Steel industry and Basic Materials sector, Inno Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Inno Holdings'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 $78.00 mean?
Inno Holdings (INHD) has a Net-Net Working Capital of $78.00 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 Inno Holdings According to the industry distribution chart, Inno Holdings ranks #6 out of 180 companies in the Steel industry, placing it in the top 3.3%.
Is Inno Holdings' Net-Net Working Capital too high?
Inno Holdings' current Net-Net Working Capital is $78.00. The Steel industry median Net-Net Working Capital is 4.62. Inno Holdings' value of $78.00 is 1590.1% above this industry median. Based on the distribution chart, Inno Holdings ranks #6 out of 180 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Inno Holdings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Inno Holdings' Net-Net Working Capital compare to FRD and LUD?
According to the Steel industry distribution chart, Inno Holdings ranks #6 out of 180 companies for Net-Net Working Capital. This places Inno Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 4.62. Inno Holdings' value of $78.00 is 1590.1% above 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 Steel company?
The median Net-Net Working Capital among Steel companies is 4.62, based on 180 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. Inno Holdings's current Net-Net Working Capital of $78.00 is 1590.1% above 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 Inno Holdings For the Steel industry, the median Net-Net Working Capital is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inno Holdings's current Net-Net Working Capital is $78.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inno Holdings stock overvalued right now?
Inno Holdings (INHD) has a current Net-Net Working Capital of $78.00. The current Net-Net Working Capital is $78.00 and 1590.1% above the Steel industry median of 4.62. Inno Holdings' overall GF Score™ is 13/100 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 Inno Holdings (INHD), the current Net-Net Working Capital is $78.00 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.
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.
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