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.
NetSol Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₨47.27.
The industry rank for NetSol Technologies's Net-Net Working Capital or its related term are showing as below:
KAR:NETSOL's Price-to-Net-Net-Working-Capital is ranked better than 80.05% of 1253
companies
in the Software industry
Industry Median: 6.74
vs KAR:NETSOL: 2.80
NetSol Technologies (KAR:NETSOL) 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.
NetSol Technologies Net-Net Working Capital Related Terms
NetSol Technologies Net-Net Working Capital Historical Data
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The historical data trend for NetSol Technologies'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.
KAR:NETSOL vs IBM, ACN, FISV: Net-Net Working Capital Comparison
For the Information Technology Services subindustry, NetSol Technologies'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.
NetSol Technologies Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, NetSol Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where NetSol Technologies'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 ₨47.27 mean?
NetSol Technologies (KAR:NETSOL) has a Net-Net Working Capital of ₨47.27 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 NetSol Technologies According to the industry distribution chart, NetSol Technologies ranks #250 out of 1253 companies in the Software industry, placing it in the top 20%.
Is NetSol Technologies' Net-Net Working Capital too high?
NetSol Technologies' current Net-Net Working Capital is ₨47.27. Based on the distribution chart, NetSol Technologies ranks #250 out of 1253 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NetSol Technologies has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NetSol Technologies' Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, NetSol Technologies ranks #250 out of 1253 companies for Net-Net Working Capital. This places NetSol Technologies in the top 20% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.74. 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 Software company?
The median Net-Net Working Capital among Software companies is 6.74, based on 1,253 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 NetSol Technologies For the Software industry, the median Net-Net Working Capital is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetSol Technologies's current Net-Net Working Capital is ₨47.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetSol Technologies stock overvalued right now?
Based on GuruFocus' analysis, NetSol Technologies (KAR:NETSOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨177.40, compared to a current price of ₨132.23 — trading 25.5% below its estimated fair value. The current Net-Net Working Capital is ₨47.27. NetSol Technologies' overall GF Score™ is 72/100 with 1 warning sign 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 NetSol Technologies (KAR:NETSOL), the current Net-Net Working Capital is ₨47.27 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 NetSol Technologies (KAR:NETSOL) Overvalued in 2026?
Based on GuruFocus' analysis, NetSol Technologies stock appears to be undervalued.
The current stock price of ₨132.23 is trading 25.5% below its estimated GF Value™ of ₨177.40.
GuruFocus considers NetSol Technologies to be Modestly Undervalued.
Key valuation signals for KAR:NETSOL:
Net-Net Working Capital: ₨47.27
GF Value™: ₨177.40 vs. price of ₨132.23 (25.5% below fair value)
No single metric tells the full story. See the KAR:NETSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NetSol Technologies Ltd provides Information Technology services & enterprise solutions. It provides solutions for leasing and finance, healthcare technology, insurance, and e-Procurement. Its products include Enterprise Solutions, Business Intelligence, IT Consulting & Business Process Reengineering, Technology & Business Process Outsourcing, Application Development & Maintenance, Cloud Services. Its operating segments are product-based solutions and ancillary services, professional services, and business process outsourcing. Geographically, it operates in Pakistan, Asia Pacific, Australia & the USA, the UK, and other countries.
72GF 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.
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