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CAFCAJSE:CAC 100 Net-Net Working Capital is R2.15 as of Mar. 2026. GuruFocus rates JSE:CAC with a GF Score™ of 100/100 and a GF Value™ of R11.40. The stock has 5 warning signs investors should review. Among 1,358 Industrial Products companies, CAFCA ranks worse than 99.04% 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.
CAFCA's Net-Net Working Capital for the quarter that ended in Mar. 2026 was R2.15.
The industry rank for CAFCA's Net-Net Working Capital or its related term are showing as below:
JSE:CAC's Price-to-Net-Net-Working-Capital is ranked worse than 99.04% of 1358
companies
in the Industrial Products industry
Industry Median: 8.23
vs JSE:CAC: 595.00
CAFCA (JSE:CAC) 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.
CAFCA Net-Net Working Capital Related Terms
CAFCA Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for CAFCA'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.
JSE:CAC vs VRT, BE, HUBB: Net-Net Working Capital Comparison
For the Electrical Equipment & Parts subindustry, CAFCA'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.
CAFCA Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, CAFCA's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where CAFCA'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 R2.15 mean?
CAFCA (JSE:CAC) has a Net-Net Working Capital of R2.15 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 CAFCA According to the industry distribution chart, CAFCA ranks #1345 out of 1358 companies in the Industrial Products industry, placing it in the top 99%.
Is CAFCA's Net-Net Working Capital too high?
CAFCA's current Net-Net Working Capital is R2.15. Based on the distribution chart, CAFCA ranks #1345 out of 1358 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, CAFCA has a GF Score™ of 100/100, reflecting its overall financial health beyond just this single metric.
How does CAFCA's Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, CAFCA ranks #1345 out of 1358 companies for Net-Net Working Capital. This places CAFCA in the lower half of its industry. The industry median Net-Net Working Capital is 8.23. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.23, based on 1,358 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 CAFCA For the Industrial Products industry, the median Net-Net Working Capital is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAFCA's current Net-Net Working Capital is R2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAFCA stock overvalued right now?
CAFCA (JSE:CAC) has a current Net-Net Working Capital of R2.15. The stock's GF Value™ is R11.40, compared to a current price of R5.95 — trading 47.8% below its estimated fair value. The current Net-Net Working Capital is R2.15. CAFCA's overall GF Score™ is 100/100 with 5 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 CAFCA (JSE:CAC), the current Net-Net Working Capital is R2.15 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 CAFCA (JSE:CAC) Overvalued in 2026?
Based on GuruFocus' analysis, CAFCA stock appears to be undervalued.
The current stock price of R5.95 is trading 47.8% below its estimated GF Value™ of R11.40.
Key valuation signals for JSE:CAC:
Net-Net Working Capital: R2.15
GF Value™: R11.40 vs. price of R5.95 (47.8% below fair value)
No single metric tells the full story. See the JSE:CAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CAFCA Ltd is a manufacturer of electrical cables and specializes in the production of power cables, control and instrumentation cables, domestic wiring cables, solar PV cables, overhead conductors, and specialized industrial cables. Its product categories include aluminium cables, flexible cables, power cables, solar cables, telecommunications cables, and wiring cables. The Company serves a broad customer base across utilities, mining, industrial manufacturers, construction companies, telecommunications providers, retailers hardware stores, and export clients. It operates mainly in Zimbabwe and exports across the SADC and East Africa regions.
100GF Score
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