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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 Supra Boga Lestari Tbk's Net-Net Working Capital for the quarter that ended in Mar. 2026 was Rp-384.84.
The industry rank for PT Supra Boga Lestari Tbk's Net-Net Working Capital or its related term are showing as below:
ISX:RANC's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Defensive industry.
Industry Median: 4.58 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
PT Supra Boga Lestari Tbk (ISX:RANC) 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 Supra Boga Lestari Tbk Net-Net Working Capital Related Terms
PT Supra Boga Lestari Tbk Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for PT Supra Boga Lestari 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 Supra Boga Lestari Tbk Net-Net Working Capital Chart
ISX:RANC vs KR: Net-Net Working Capital Comparison
For the Grocery Stores subindustry, PT Supra Boga Lestari 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 Supra Boga Lestari Tbk Price-to-Net-Net-Working-Capital vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, PT Supra Boga Lestari Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where PT Supra Boga Lestari 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-384.84 mean?
PT Supra Boga Lestari Tbk (ISX:RANC) has a Net-Net Working Capital of Rp-384.84 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 Supra Boga Lestari Tbk According to the industry distribution chart, PT Supra Boga Lestari Tbk ranks #999999 out of 79 companies in the Retail - Defensive industry.
Is PT Supra Boga Lestari Tbk's Net-Net Working Capital too high?
PT Supra Boga Lestari Tbk's current Net-Net Working Capital is Rp-384.84. Based on the distribution chart, PT Supra Boga Lestari Tbk ranks #999999 out of 79 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, PT Supra Boga Lestari Tbk has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Supra Boga Lestari Tbk's Net-Net Working Capital compare to KR?
According to the Retail - Defensive industry distribution chart, PT Supra Boga Lestari Tbk ranks #999999 out of 79 companies for Net-Net Working Capital. This places PT Supra Boga Lestari Tbk in the lower half of its industry. The industry median Net-Net Working Capital is 4.58. 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 Retail - Defensive company?
The median Net-Net Working Capital among Retail - Defensive companies is 4.58, based on 79 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 Supra Boga Lestari Tbk For the Retail - Defensive industry, the median Net-Net Working Capital is 4.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Supra Boga Lestari Tbk's current Net-Net Working Capital is Rp-384.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Supra Boga Lestari Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Supra Boga Lestari Tbk (ISX:RANC) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp607.96, compared to a current price of Rp520.00 — trading 14.5% below its estimated fair value. The current Net-Net Working Capital is Rp-384.84. PT Supra Boga Lestari Tbk's overall GF Score™ is 73/100 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 PT Supra Boga Lestari Tbk (ISX:RANC), the current Net-Net Working Capital is Rp-384.84 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 Supra Boga Lestari Tbk (ISX:RANC) Overvalued in 2026?
Based on GuruFocus' analysis, PT Supra Boga Lestari Tbk stock appears to be undervalued.
The current stock price of Rp520.00 is trading 14.5% below its estimated GF Value™ of Rp607.96.
GuruFocus considers PT Supra Boga Lestari Tbk to be Modestly Undervalued.
Key valuation signals for ISX:RANC:
Net-Net Working Capital: Rp-384.84
GF Value™: Rp607.96 vs. price of Rp520.00 (14.5% below fair value)
No single metric tells the full story. See the ISX:RANC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Supra Boga Lestari Tbk is a multi-brand retail company that provides daily grocery shopping solutions for households in Indonesia. It manages several retail brands, including Ranch Market, Farmers Market, The Gourmet, Day2Day, and Pasarina. These brands cater to different customer segments, such as middle-class, upper middle-class, and office and apartment area customers, providing them with fruits, vegetables, organic, gluten-free, dairy food, and other products. The Group's geographical segments are the West Area (Jakarta and surrounding areas and Sumatra) and the East Area (East Java, Central Java, Kalimantan, and Maluku). Maximum revenue is derived from its business in the West Area.
73GF Score
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