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Itochu Enex CoITENF 66 Net-Net Working Capital is $-5.94 as of Mar. 2026. GuruFocus rates ITENF with a GF Score™ of 66/100 and a GF Value™ of $9.75. The stock has 6 warning signs investors should review. Among 113 Conglomerates companies, Itochu Enex Co ranks worse than 884954.87% 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.
Itochu Enex Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-5.94.
The industry rank for Itochu Enex Co's Net-Net Working Capital or its related term are showing as below:
ITENF's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 5.91 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Itochu Enex Co (OTCPK:ITENF) 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.
Itochu Enex Co Net-Net Working Capital Related Terms
Itochu Enex Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Itochu Enex Co'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.
ITENF vs MMM, HON: Net-Net Working Capital Comparison
For the Conglomerates subindustry, Itochu Enex Co'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.
Itochu Enex Co Price-to-Net-Net-Working-Capital vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Itochu Enex Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Itochu Enex Co'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 $-5.94 mean?
Itochu Enex Co (ITENF) has a Net-Net Working Capital of $-5.94 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 Itochu Enex Co According to the industry distribution chart, Itochu Enex Co ranks #999999 out of 113 companies in the Conglomerates industry.
Is Itochu Enex Co's Net-Net Working Capital too high?
Itochu Enex Co's current Net-Net Working Capital is $-5.94. Based on the distribution chart, Itochu Enex Co ranks #999999 out of 113 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Itochu Enex Co has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Itochu Enex Co's Net-Net Working Capital compare to MMM and HON?
According to the Conglomerates industry distribution chart, Itochu Enex Co ranks #999999 out of 113 companies for Net-Net Working Capital. This places Itochu Enex Co in the lower half of its industry. The industry median Net-Net Working Capital is 5.91. 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 Conglomerates company?
The median Net-Net Working Capital among Conglomerates companies is 5.91, based on 113 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 Itochu Enex Co For the Conglomerates industry, the median Net-Net Working Capital is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itochu Enex Co's current Net-Net Working Capital is $-5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itochu Enex Co stock overvalued right now?
Itochu Enex Co (ITENF) has a current Net-Net Working Capital of $-5.94. The stock's GF Value™ is $9.75, compared to a current price of $15.15 — trading 55.4% above its estimated fair value. The current Net-Net Working Capital is $-5.94. Itochu Enex Co's overall GF Score™ is 66/100 with 6 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 Itochu Enex Co (ITENF), the current Net-Net Working Capital is $-5.94 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 Itochu Enex Co (ITENF) Overvalued in 2026?
Based on GuruFocus' analysis, Itochu Enex Co stock appears to be overvalued.
The current stock price of $15.15 is trading 55.4% above its estimated GF Value™ of $9.75.
Key valuation signals for ITENF:
Net-Net Working Capital: $-5.94
GF Value™: $9.75 vs. price of $15.15 (55.4% above fair value)
No single metric tells the full story. See the ITENF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itochu Enex Co Ltd is a Japan-based energy provider that operates through a host of businesses. The company's operations are divided into the following segments: home-life, power and utility, car-life, and energy trade. Through these businesses, Itochu supplies its customer base in Japan with LP gas and town gas for homes and businesses. The company also sells a range of automotive fuels through its car-life stations. Alongside the car-life stations, under the car-life Division, Itochu Enex houses a car dealer and credit card business. Through separate divisions, the company operates electric-power-related and heat-supply businesses, along with selling a variety of petroleum products for industrial and marine use.
66GF Score
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