Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Net-Net Working Capital: ₺-0.14 (As of Jun. 2026)

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IST:MEKAG Meka Global Makine Imalat Sanayi ve Ticaret AS IST:MEKAG
82 GF Score
Price ₺3.02
GF Value ₺4.66
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Meka Global Makine Imalatnayi ve Ticaret AS Net-Net Working Capital?

Meka Global Makine Imalatnayi ve Ticaret AS IST:MEKAG 82 Net-Net Working Capital is ₺-0.14 as of Jun. 2026. GuruFocus rates IST:MEKAG with a GF Score™ of 82/100 and a GF Value™ of ₺4.66 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 99 Building Materials companies, Meka Global Makine Imalatnayi ve Ticaret AS ranks worse than 1010100% 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.

Meka Global Makine Imalatnayi ve Ticaret AS's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ₺-0.14.

The industry rank for Meka Global Makine Imalatnayi ve Ticaret AS's Net-Net Working Capital or its related term are showing as below:

IST:MEKAG's Price-to-Net-Net-Working-Capital is not ranked *
in the Building Materials industry.
Industry Median: 7.03
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Meka Global Makine Imalatnayi ve Ticaret AS  (IST:MEKAG) 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.


Meka Global Makine Imalatnayi ve Ticaret AS Net-Net Working Capital Related Terms


Meka Global Makine Imalatnayi ve Ticaret AS Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Meka Global Makine Imalatnayi ve Ticaret AS'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.

Meka Global Makine Imalatnayi ve Ticaret AS Net-Net Working Capital Chart

Meka Global Makine Imalatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -0.13 -0.38 0.07 -0.07 0.03

Meka Global Makine Imalatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.10 -0.07 0.03 -0.19 -0.14

IST:MEKAG vs CRH, MLM, VMC: Net-Net Working Capital Comparison

For the Building Materials subindustry, Meka Global Makine Imalatnayi 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.


Meka Global Makine Imalatnayi ve Ticaret AS Price-to-Net-Net-Working-Capital vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Meka Global Makine Imalatnayi ve Ticaret AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Meka Global Makine Imalatnayi ve Ticaret AS's Price-to-Net-Net-Working-Capital falls into.


IST:MEKAG
82GF Score
Meka Global Makine Imalat Sanayi ve Ticaret AS IST:MEKAG
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meka Global Makine Imalatnayi ve Ticaret AS Net-Net Working Capital Calculation

Meka Global Makine Imalatnayi ve Ticaret AS'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)
=(433.288+0.75 * 379.374+0.5 * 775.407-1080.683
-0-0)/800.000
=0.03

Meka Global Makine Imalatnayi ve Ticaret AS's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(379.806+0.75 * 240.874+0.5 * 1138.549-1242.221
-0-0)/800.000
=-0.14

* 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 ₺-0.14 mean?
Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) has a Net-Net Working Capital of ₺-0.14 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 Meka Global Makine Imalatnayi ve Ticaret AS According to the industry distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 99 companies in the Building Materials industry.
Is Meka Global Makine Imalatnayi ve Ticaret AS's Net-Net Working Capital too high?
Meka Global Makine Imalatnayi ve Ticaret AS's current Net-Net Working Capital is ₺-0.14. Based on the distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 99 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Meka Global Makine Imalatnayi ve Ticaret AS has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meka Global Makine Imalatnayi ve Ticaret AS's Net-Net Working Capital compare to CRH and MLM?
According to the Building Materials industry distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 99 companies for Net-Net Working Capital. This places Meka Global Makine Imalatnayi ve Ticaret AS in the lower half of its industry. The industry median Net-Net Working Capital is 7.03. 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 Building Materials company?
The median Net-Net Working Capital among Building Materials companies is 7.03, based on 99 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 Meka Global Makine Imalatnayi ve Ticaret AS For the Building Materials industry, the median Net-Net Working Capital is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meka Global Makine Imalatnayi ve Ticaret AS's current Net-Net Working Capital is ₺-0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meka Global Makine Imalatnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺4.66, compared to a current price of ₺3.02 — trading 35.2% below its estimated fair value. The current Net-Net Working Capital is ₺-0.14. Meka Global Makine Imalatnayi ve Ticaret AS's overall GF Score™ is 82/100 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG), the current Net-Net Working Capital is ₺-0.14 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Overvalued in 2026?

Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺3.02 is trading 35.2% below its estimated GF Value™ of ₺4.66. GuruFocus considers Meka Global Makine Imalatnayi ve Ticaret AS to be Significantly Undervalued.

Key valuation signals for IST:MEKAG:

  • Net-Net Working Capital: ₺-0.14
  • GF Value™: ₺4.66 vs. price of ₺3.02 (35.2% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Meka Global Makine Imalatnayi ve Ticaret AS Business Description

Address Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909
Meka Global Makine Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.
82GF Score

Get the complete analysis for IST:MEKAG

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

₺3.02
Price
₺4.66
GF Value