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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.
ISX:ALII's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 6.34 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
PT Ancara Logistics Indonesia Tbk (ISX:ALII) 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.
PT Ancara Logistics Indonesia Tbk Net-Net Working Capital Related Terms
PT Ancara Logistics Indonesia Tbk 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.
PT Ancara Logistics Indonesia Tbk Net-Net Working Capital Chart
PT Ancara Logistics Indonesia Tbk Net-Net Working Capital Competitor Comparison
For the Marine Shipping subindustry, PT Ancara Logistics Indonesia Tbk'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.
PT Ancara Logistics Indonesia Tbk Price-to-Net-Net-Working-Capital vs Transportation Industry
For the Transportation industry and Industrials sector, PT Ancara Logistics Indonesia Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where PT Ancara Logistics Indonesia Tbk'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 Rp-12.63 mean?
PT Ancara Logistics Indonesia Tbk (ISX:ALII) has a Net-Net Working Capital of Rp-12.63 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 PT Ancara Logistics Indonesia Tbk According to the industry distribution chart, PT Ancara Logistics Indonesia Tbk ranks #999999 out of 219 companies in the Transportation industry.
Is PT Ancara Logistics Indonesia Tbk's Net-Net Working Capital too high?
PT Ancara Logistics Indonesia Tbk's current Net-Net Working Capital is Rp-12.63. Based on the distribution chart, PT Ancara Logistics Indonesia Tbk ranks #999999 out of 219 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Ancara Logistics Indonesia Tbk has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does PT Ancara Logistics Indonesia Tbk's Net-Net Working Capital compare to competitors?
According to the Transportation industry distribution chart, PT Ancara Logistics Indonesia Tbk ranks #999999 out of 219 companies for Net-Net Working Capital. This places PT Ancara Logistics Indonesia Tbk in the lower half of its industry. The industry median Net-Net Working Capital is 6.34. 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 Transportation company?
The median Net-Net Working Capital among Transportation companies is 6.34, based on 219 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 PT Ancara Logistics Indonesia Tbk For the Transportation industry, the median Net-Net Working Capital is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ancara Logistics Indonesia Tbk's current Net-Net Working Capital is Rp-12.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ancara Logistics Indonesia Tbk stock overvalued right now?
PT Ancara Logistics Indonesia Tbk (ISX:ALII) has a current Net-Net Working Capital of Rp-12.63. The current Net-Net Working Capital is Rp-12.63. PT Ancara Logistics Indonesia Tbk's overall GF Score™ is 46/100 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 PT Ancara Logistics Indonesia Tbk (ISX:ALII), the current Net-Net Working Capital is Rp-12.63 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.
PT Ancara Logistics Indonesia Tbk is engaged in sea transportation services, transshipment, ISP, coal trading and transportation, providing integrated products and services to support supply chain operations in the mining sector, to manage and support mining logistics and sea shipping services for coal mines of affiliated companies. Its activity is managing coal transportation using barges, supported by SIUPAL, ISM Code and ISPS Code. Its segments comprise Coal Barging, serving customers to transport using 180 feet barges and 300 feet barges with tugboats; ISP, located on the bank of the Mahakam River and used to move coal from 180 feet barges to 300 feet barges; and FTU, with a capacity of 20,000 MT PWWD used to move cargo coal from 300 feet barges to mother vessel.
46GF Score
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