Netcad Yazilim ASIST:NETCD -5.58%30 Net-Net Working Capital is ₺2.19 as of Dec. 2024. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,252 Software companies, Netcad Yazilim AS ranks worse than 92.09% 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.
Netcad Yazilim AS's Net-Net Working Capital for the quarter that ended in Dec. 2024 was ₺2.19.
The industry rank for Netcad Yazilim AS's Net-Net Working Capital or its related term are showing as below:
IST:NETCD's Price-to-Net-Net-Working-Capital is ranked worse than 92.09% of 1252
companies
in the Software industry
Industry Median: 6.735
vs IST:NETCD: 66.39
Netcad Yazilim AS (IST:NETCD) 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.
Netcad Yazilim AS Net-Net Working Capital Related Terms
Netcad Yazilim AS Net-Net Working Capital Historical Data
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The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS Net-Net Working Capital Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
Net-Net Working Capital
-1.60
0.52
2.19
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
Net-Net Working Capital
-1.60
0.52
2.19
IST:NETCD vs CRM, SHOP, UBER: Net-Net Working Capital Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim 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 ₺2.19 mean?
Netcad Yazilim AS (IST:NETCD) has a Net-Net Working Capital of ₺2.19 as of Dec. 2024. 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 Netcad Yazilim AS According to the industry distribution chart, Netcad Yazilim AS ranks #1153 out of 1252 companies in the Software industry, placing it in the top 92.1%.
Is Netcad Yazilim AS's Net-Net Working Capital too high?
Netcad Yazilim AS's current Net-Net Working Capital is ₺2.19. Based on the distribution chart, Netcad Yazilim AS ranks #1153 out of 1252 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Net-Net Working Capital compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #1153 out of 1252 companies for Net-Net Working Capital. This places Netcad Yazilim AS in the lower half of its industry. The industry median Net-Net Working Capital is 6.74. 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 Software company?
The median Net-Net Working Capital among Software companies is 6.74, based on 1,252 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 Netcad Yazilim AS For the Software industry, the median Net-Net Working Capital is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Net-Net Working Capital is ₺2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Net-Net Working Capital of ₺2.19. The current Net-Net Working Capital is ₺2.19. Netcad Yazilim AS's overall GF Score™ is 30/100 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 Netcad Yazilim AS (IST:NETCD), the current Net-Net Working Capital is ₺2.19 as of Dec. 2024. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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