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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.
IST:BFREN's Price-to-Net-Net-Working-Capital is ranked worse than 95.43% of 372
companies
in the Vehicles & Parts industry
Industry Median: 8.025
vs IST:BFREN: 112.52
Bosch Fren Sistemlerinayi ve Ticaret AS (IST:BFREN) 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.
Bosch Fren Sistemlerinayi ve Ticaret AS Net-Net Working Capital Related Terms
Bosch Fren Sistemlerinayi ve Ticaret AS Net-Net Working Capital Historical Data
* 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.
Bosch Fren Sistemlerinayi ve Ticaret AS Net-Net Working Capital Chart
Bosch Fren Sistemlerinayi ve Ticaret AS Annual Data
IST:BFREN vs ORLY, AZO, GPC: Net-Net Working Capital Comparison
For the Auto Parts subindustry, Bosch Fren Sistemlerinayi ve Ticaret AS'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.
Bosch Fren Sistemlerinayi ve Ticaret AS Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bosch Fren Sistemlerinayi ve Ticaret AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Bosch Fren Sistemlerinayi ve Ticaret AS'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 ₺1.15 mean?
Bosch Fren Sistemlerinayi ve Ticaret AS (IST:BFREN) has a Net-Net Working Capital of ₺1.15 as of Jun. 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 Bosch Fren Sistemlerinayi ve Ticaret AS According to the industry distribution chart, Bosch Fren Sistemlerinayi ve Ticaret AS ranks #355 out of 372 companies in the Vehicles & Parts industry, placing it in the top 95.4%.
Is Bosch Fren Sistemlerinayi ve Ticaret AS's Net-Net Working Capital too high?
Bosch Fren Sistemlerinayi ve Ticaret AS's current Net-Net Working Capital is ₺1.15. Based on the distribution chart, Bosch Fren Sistemlerinayi ve Ticaret AS ranks #355 out of 372 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Bosch Fren Sistemlerinayi ve Ticaret AS has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bosch Fren Sistemlerinayi ve Ticaret AS's Net-Net Working Capital compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bosch Fren Sistemlerinayi ve Ticaret AS ranks #355 out of 372 companies for Net-Net Working Capital. This places Bosch Fren Sistemlerinayi ve Ticaret AS in the lower half of its industry. The industry median Net-Net Working Capital is 8.03. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 8.03, based on 372 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 Bosch Fren Sistemlerinayi ve Ticaret AS For the Vehicles & Parts industry, the median Net-Net Working Capital is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bosch Fren Sistemlerinayi ve Ticaret AS's current Net-Net Working Capital is ₺1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bosch Fren Sistemlerinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Bosch Fren Sistemlerinayi ve Ticaret AS (IST:BFREN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺110.77, compared to a current price of ₺129.40 — trading 16.8% above its estimated fair value. The current Net-Net Working Capital is ₺1.15. Bosch Fren Sistemlerinayi ve Ticaret AS's overall GF Score™ is 71/100 with 4 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 Bosch Fren Sistemlerinayi ve Ticaret AS (IST:BFREN), the current Net-Net Working Capital is ₺1.15 as of Jun. 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 Bosch Fren Sistemlerinayi ve Ticaret AS (IST:BFREN) Overvalued in 2026?
Based on GuruFocus' analysis, Bosch Fren Sistemlerinayi ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺129.40 is trading 16.8% above its estimated GF Value™ of ₺110.77.
GuruFocus considers Bosch Fren Sistemlerinayi ve Ticaret AS to be Modestly Overvalued.
Key valuation signals for IST:BFREN:
Net-Net Working Capital: ₺1.15
GF Value™: ₺110.77 vs. price of ₺129.40 (16.8% above fair value)
No single metric tells the full story. See the IST:BFREN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bosch Fren Sistemleri Sanayi ve Ticaret AS is a Turkey-based company engaged in manufacturing of hydraulic brake systems for automotive and light commercial vehicles required by the automotive and the aftermarket. The company's areas of activities include Servo-Brakes, Brake master cylinders, and Brake support systems.
71GF Score
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