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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.
KUW:MASHAER's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.345 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Mashaer Holding Co (KSC Public) (KUW:MASHAER) 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.
Mashaer Holding Co (KSC Public) Net-Net Working Capital Related Terms
Mashaer Holding Co (KSC Public) Net-Net Working Capital Historical Data
* 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.
Mashaer Holding Co (KSC Public) Net-Net Working Capital Chart
KUW:MASHAER vs CBRE, BEKE, JLL: Net-Net Working Capital Comparison
For the Real Estate Services subindustry, Mashaer Holding Co (KSC Public)'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.
Mashaer Holding Co (KSC Public) Price-to-Net-Net-Working-Capital vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mashaer Holding Co (KSC Public)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Mashaer Holding Co (KSC Public)'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 KWD0.00 mean?
Mashaer Holding Co (KSC Public) (KUW:MASHAER) has a Net-Net Working Capital of KWD0.00 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 Mashaer Holding Co (KSC Public) According to the industry distribution chart, Mashaer Holding Co (KSC Public) ranks #999999 out of 320 companies in the Real Estate industry.
Is Mashaer Holding Co (KSC Public)'s Net-Net Working Capital too high?
Mashaer Holding Co (KSC Public)'s current Net-Net Working Capital is KWD0.00. Based on the distribution chart, Mashaer Holding Co (KSC Public) ranks #999999 out of 320 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Mashaer Holding Co (KSC Public) has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mashaer Holding Co (KSC Public)'s Net-Net Working Capital compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mashaer Holding Co (KSC Public) ranks #999999 out of 320 companies for Net-Net Working Capital. This places Mashaer Holding Co (KSC Public) in the lower half of its industry. The industry median Net-Net Working Capital is 4.35. 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 4.35, based on 320 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 Mashaer Holding Co (KSC Public) For the Real Estate industry, the median Net-Net Working Capital is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mashaer Holding Co (KSC Public)'s current Net-Net Working Capital is KWD0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mashaer Holding Co (KSC Public) stock overvalued right now?
Based on GuruFocus' analysis, Mashaer Holding Co (KSC Public) (KUW:MASHAER) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.09, compared to a current price of KWD0.13 — trading 41.1% above its estimated fair value. The current Net-Net Working Capital is KWD0.00. Mashaer Holding Co (KSC Public)'s overall GF Score™ is 22/100 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 Mashaer Holding Co (KSC Public) (KUW:MASHAER), the current Net-Net Working Capital is KWD0.00 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 Mashaer Holding Co (KSC Public) (KUW:MASHAER) Overvalued in 2026?
Based on GuruFocus' analysis, Mashaer Holding Co (KSC Public) stock appears to be overvalued.
The current stock price of KWD0.13 is trading 41.1% above its estimated GF Value™ of KWD0.09.
GuruFocus considers Mashaer Holding Co (KSC Public) to be Significantly Overvalued.
Key valuation signals for KUW:MASHAER:
Net-Net Working Capital: KWD0.00
GF Value™: KWD0.09 vs. price of KWD0.13 (41.1% above fair value)
No single metric tells the full story. See the KUW:MASHAER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mashaer Holding Co (KSC Public) is principally engaged in managing real estate projects. Along with its subsidiaries, the company operates in the following business segments: Real estate activities, Hajj and Umrah services, and Investment activities. The majority of its revenue is generated from the Real estate activities segment, which represents its investments in real estate properties either by way of purchase, sale, development, and renting of residential and commercial properties (including land and land development) in various geographical locations. The Hajj and Umrah services segment, which is involved in providing ticketing, travel, and logistic services relating to Hajj and Umrah. Geographically, the group generates maximum revenue from Kuwait.
22GF 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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