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Exeo GroupKYWAF 77 Net-Net Working Capital is $-1.52 as of Mar. 2026. GuruFocus rates KYWAF with a GF Score™ of 77/100 and a GF Value™ of $8.17. Among 476 Construction companies, Exeo Group ranks worse than 210083.82% 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.
Exeo Group's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-1.52.
The industry rank for Exeo Group's Net-Net Working Capital or its related term are showing as below:
KYWAF's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.295 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Exeo Group (OTCPK:KYWAF) 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.
Exeo Group Net-Net Working Capital Related Terms
Exeo Group Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Exeo Group'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.
KYWAF vs PWR, FIX, EME: Net-Net Working Capital Comparison
For the Engineering & Construction subindustry, Exeo Group'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.
Exeo Group Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Exeo Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Exeo Group'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 $-1.52 mean?
Exeo Group (KYWAF) has a Net-Net Working Capital of $-1.52 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 Exeo Group According to the industry distribution chart, Exeo Group ranks #999999 out of 476 companies in the Construction industry.
Is Exeo Group's Net-Net Working Capital too high?
Exeo Group's current Net-Net Working Capital is $-1.52. Based on the distribution chart, Exeo Group ranks #999999 out of 476 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Exeo Group has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Exeo Group's Net-Net Working Capital compare to PWR and FIX?
According to the Construction industry distribution chart, Exeo Group ranks #999999 out of 476 companies for Net-Net Working Capital. This places Exeo Group in the lower half of its industry. The industry median Net-Net Working Capital is 6.30. 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 Construction company?
The median Net-Net Working Capital among Construction companies is 6.30, based on 476 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 Exeo Group For the Construction industry, the median Net-Net Working Capital is 6.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exeo Group's current Net-Net Working Capital is $-1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exeo Group stock overvalued right now?
Exeo Group (KYWAF) has a current Net-Net Working Capital of $-1.52. The stock's GF Value™ is $8.17, compared to a current price of $10.22 — trading 25% above its estimated fair value. The current Net-Net Working Capital is $-1.52. Exeo Group's overall GF Score™ is 77/100. 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 Exeo Group (KYWAF), the current Net-Net Working Capital is $-1.52 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 Exeo Group (KYWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Exeo Group stock appears to be overvalued.
The current stock price of $10.22 is trading 25% above its estimated GF Value™ of $8.17.
Key valuation signals for KYWAF:
Net-Net Working Capital: $-1.52
GF Value™: $8.17 vs. price of $10.22 (25% above fair value)
No single metric tells the full story. See the KYWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exeo Group Inc provides technological and construction solutions, products, and services for various end markets. It builds telecommunications infrastructure throughout Japan to strengthen connectivity and communication. The company develops information and communication facilities and increases the security and capacity for storage of data and software. In addition, the company installs and repairs electrical and air conditioning components for commercial and residential buildings and develops energy-related facilities for solar, water, and other renewable solutions. It builds network systems for corporations or private homes and offers consulting on the latest technology and solutions geared toward customers' management issues.
77GF Score
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