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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.
PT Cisadanewit Raya Tbk's Net-Net Working Capital for the quarter that ended in Mar. 2026 was Rp-351.48.
The industry rank for PT Cisadanewit Raya Tbk's Net-Net Working Capital or its related term are showing as below:
ISX:CSRA's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.565 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
PT Cisadanewit Raya Tbk (ISX:CSRA) 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 Cisadanewit Raya Tbk Net-Net Working Capital Related Terms
PT Cisadanewit Raya Tbk Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for PT Cisadanewit Raya Tbk'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.
PT Cisadanewit Raya Tbk Net-Net Working Capital Chart
ISX:CSRA vs ADM, BG, TSN: Net-Net Working Capital Comparison
For the Farm Products subindustry, PT Cisadanewit Raya 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 Cisadanewit Raya Tbk Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Cisadanewit Raya Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where PT Cisadanewit Raya 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-351.48 mean?
PT Cisadanewit Raya Tbk (ISX:CSRA) has a Net-Net Working Capital of Rp-351.48 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 Cisadanewit Raya Tbk According to the industry distribution chart, PT Cisadanewit Raya Tbk ranks #999999 out of 664 companies in the Consumer Packaged Goods industry.
Is PT Cisadanewit Raya Tbk's Net-Net Working Capital too high?
PT Cisadanewit Raya Tbk's current Net-Net Working Capital is Rp-351.48. Based on the distribution chart, PT Cisadanewit Raya Tbk ranks #999999 out of 664 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT Cisadanewit Raya Tbk has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Cisadanewit Raya Tbk's Net-Net Working Capital compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, PT Cisadanewit Raya Tbk ranks #999999 out of 664 companies for Net-Net Working Capital. This places PT Cisadanewit Raya Tbk in the lower half of its industry. The industry median Net-Net Working Capital is 6.57. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.57, based on 664 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 Cisadanewit Raya Tbk For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Cisadanewit Raya Tbk's current Net-Net Working Capital is Rp-351.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cisadanewit Raya Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cisadanewit Raya Tbk (ISX:CSRA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,782.84, compared to a current price of Rp770.00 — trading 56.8% below its estimated fair value. The current Net-Net Working Capital is Rp-351.48. PT Cisadanewit Raya Tbk's overall GF Score™ is 51/100 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 Cisadanewit Raya Tbk (ISX:CSRA), the current Net-Net Working Capital is Rp-351.48 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.
Is PT Cisadanewit Raya Tbk (ISX:CSRA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Cisadanewit Raya Tbk stock appears to be undervalued.
The current stock price of Rp770.00 is trading 56.8% below its estimated GF Value™ of Rp1,782.84.
GuruFocus considers PT Cisadanewit Raya Tbk to be Significantly Undervalued.
Key valuation signals for ISX:CSRA:
Net-Net Working Capital: Rp-351.48
GF Value™: Rp1,782.84 vs. price of Rp770.00 (56.8% below fair value)
No single metric tells the full story. See the ISX:CSRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Cisadane Sawit Raya Tbk develops oil palm plantations in Labuhan Batu Regency, North Sumatra Province. The company also has a palm oil mill in the plantation area to process fresh fruit bunches into crude palm oil. Its segments are Crude palm oil, Palm Kernel, and Plantation Industry. Geographically, the company operates in North Sumatra and South Sumatra.
51GF Score
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