KANP (Kaanapali Land LLC) Net-Net Working Capital: $16.52 (As of Jun. 2026)

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KANP Kaanapali Land LLC KANP
48 GF Score
Price $32.00
GF Value $352.37
Valuation Possible Value Trap
! 3 Warning Signs
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What is Kaanapali Land LLC Net-Net Working Capital?

Kaanapali Land LLC KANP 48 Net-Net Working Capital is $16.52 as of Jun. 2026. GuruFocus rates KANP with a GF Score™ of 48/100 and a GF Value™ of $352.37 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 328 Real Estate companies, Kaanapali Land LLC ranks better than 74.09% 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.

Kaanapali Land LLC's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $16.52.

The industry rank for Kaanapali Land LLC's Net-Net Working Capital or its related term are showing as below:

KANP's Price-to-Net-Net-Working-Capital is ranked better than
74.09% of 328 companies
in the Real Estate industry
Industry Median: 4.575 vs KANP: 1.94

Kaanapali Land LLC  (OTCPK:KANP) 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.


Kaanapali Land LLC Net-Net Working Capital Related Terms


Kaanapali Land LLC Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Kaanapali Land LLC'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.

Kaanapali Land LLC Net-Net Working Capital Chart

Kaanapali Land LLC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.99 0.73 9.45 7.75 4.52

Kaanapali Land LLC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.87 5.35 4.52 17.01 16.52

KANP vs FHRT, AEI, JFB: Net-Net Working Capital Comparison

For the Real Estate - Development subindustry, Kaanapali Land LLC'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.


Kaanapali Land LLC Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaanapali Land LLC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Kaanapali Land LLC's Price-to-Net-Net-Working-Capital falls into.


KANP
48GF Score
Kaanapali Land LLC KANP
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaanapali Land LLC Net-Net Working Capital Calculation

Kaanapali Land LLC's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.787+0.75 * 0+0.5 * 1.877-8.616
-0-0)/1.793
=4.52

Kaanapali Land LLC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(37.956+0.75 * 0+0.5 * 1.861-8.405
-0-0)/1.845
=16.52

* 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 $16.52 mean?
Kaanapali Land LLC (KANP) has a Net-Net Working Capital of $16.52 as of Jun. 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 Kaanapali Land LLC According to the industry distribution chart, Kaanapali Land LLC ranks #85 out of 328 companies in the Real Estate industry, placing it in the top 25.9%.
Is Kaanapali Land LLC's Net-Net Working Capital too high?
Kaanapali Land LLC's current Net-Net Working Capital is $16.52. The Real Estate industry median Net-Net Working Capital is 4.58. Kaanapali Land LLC's value of $16.52 is 261.1% above this industry median. Based on the distribution chart, Kaanapali Land LLC ranks #85 out of 328 companies in the Real Estate industry, which is above the industry midpoint. Overall, Kaanapali Land LLC has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaanapali Land LLC's Net-Net Working Capital compare to FHRT and AEI?
According to the Real Estate industry distribution chart, Kaanapali Land LLC ranks #85 out of 328 companies for Net-Net Working Capital. This puts Kaanapali Land LLC in the upper half of its industry. The industry median Net-Net Working Capital is 4.58. Kaanapali Land LLC's value of $16.52 is 261.1% above this benchmark. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.58, based on 328 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. Kaanapali Land LLC's current Net-Net Working Capital of $16.52 is 261.1% above the industry median. 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 Kaanapali Land LLC For the Real Estate 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. Kaanapali Land LLC's current Net-Net Working Capital is $16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaanapali Land LLC stock overvalued right now?
Based on GuruFocus' analysis, Kaanapali Land LLC (KANP) is currently considered Possible Value Trap. The stock's GF Value™ is $352.37, compared to a current price of $32.00 — trading 90.9% below its estimated fair value. The current Net-Net Working Capital is $16.52 and 261.1% above the Real Estate industry median of 4.58. Kaanapali Land LLC's overall GF Score™ is 48/100 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 Kaanapali Land LLC (KANP), the current Net-Net Working Capital is $16.52 as of Jun. 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 Kaanapali Land LLC (KANP) Overvalued in 2026?

Based on GuruFocus' analysis, Kaanapali Land LLC stock appears to be undervalued. The current stock price of $32.00 is trading 90.9% below its estimated GF Value™ of $352.37. GuruFocus considers Kaanapali Land LLC to be Possible Value Trap.

Key valuation signals for KANP:

  • Net-Net Working Capital: $16.52
  • GF Value™: $352.37 vs. price of $32.00 (90.9% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 261.1% above the Real Estate median (#85 of 328)

No single metric tells the full story. See the KANP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaanapali Land LLC Business Description

Address 900 N Michigan Avenue, Chicago, IL, USA, 60611
Kaanapali Land LLC and its subsidiaries operate in the Property and Agriculture business segments. The agriculture segment consists of farming, harvesting and milling operations relating to coffee orchards. The property segment includes the development of land for sale and negotiates bulk sales of undeveloped land. The firm generates the majority of its revenues from the Property segment. All operations of the firm are located in the State of Hawaii, United States.
48GF Score

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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.00
Price
$352.37
GF Value