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We Buy Cars HoldingJSE:WBC -2.39%21 Net-Net Working Capital is R-2.35 as of Mar. 2026. GuruFocus rates JSE:WBC with a GF Score™ of 21/100. Among 362 Vehicles & Parts companies, We Buy Cars Holding ranks worse than 276242.82% 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.
We Buy Cars Holding's Net-Net Working Capital for the quarter that ended in Mar. 2026 was R-2.35.
The industry rank for We Buy Cars Holding's Net-Net Working Capital or its related term are showing as below:
JSE:WBC's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.905 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
We Buy Cars Holding (JSE:WBC) 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.
We Buy Cars Holding Net-Net Working Capital Related Terms
We Buy Cars Holding Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for We Buy Cars Holding'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:WBC vs CVNA, PAG, KMX: Net-Net Working Capital Comparison
For the Auto & Truck Dealerships subindustry, We Buy Cars Holding'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.
We Buy Cars Holding Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, We Buy Cars Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where We Buy Cars Holding'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 R-2.35 mean?
We Buy Cars Holding (JSE:WBC) has a Net-Net Working Capital of R-2.35 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 We Buy Cars Holding According to the industry distribution chart, We Buy Cars Holding ranks #999999 out of 362 companies in the Vehicles & Parts industry.
Is We Buy Cars Holding's Net-Net Working Capital too high?
We Buy Cars Holding's current Net-Net Working Capital is R-2.35. Based on the distribution chart, We Buy Cars Holding ranks #999999 out of 362 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, We Buy Cars Holding has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does We Buy Cars Holding's Net-Net Working Capital compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, We Buy Cars Holding ranks #999999 out of 362 companies for Net-Net Working Capital. This places We Buy Cars Holding in the lower half of its industry. The industry median Net-Net Working Capital is 7.91. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.91, based on 362 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 We Buy Cars Holding For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. We Buy Cars Holding's current Net-Net Working Capital is R-2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We Buy Cars Holding stock overvalued right now?
We Buy Cars Holding (JSE:WBC) has a current Net-Net Working Capital of R-2.35. The current Net-Net Working Capital is R-2.35. We Buy Cars Holding's overall GF Score™ is 21/100. 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 We Buy Cars Holding (JSE:WBC), the current Net-Net Working Capital is R-2.35 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.
We Buy Cars Holding Ltd is an automotive retailer focused on buying, reconditioning, and retail sales through both physical supermarkets and its digital platforms. The company's two reportable segments are: i) Buyer, distributor and retailer of pre-owned motor vehicles with the attendant sale of finance and insurance products and other ancillary products. ii) Property rental: Rental of warehouses to group companies. The majority of the company's revenue is derived from the Buyer, distributor and retailer of pre-owned motor vehicles segment.
21GF Score
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