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Maxeon Solar TechnologiesMAXNQ Net-Net Working Capital is $-27.93 as of Jun. 2025. The stock has 8 warning signs investors should review. Among 538 Semiconductors companies, Maxeon Solar Technologies ranks worse than 185873.42% 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.
Maxeon Solar Technologies's Net-Net Working Capital for the quarter that ended in Jun. 2025 was $-27.93.
The industry rank for Maxeon Solar Technologies's Net-Net Working Capital or its related term are showing as below:
MAXNQ's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 11.245 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Maxeon Solar Technologies (OTCPK:MAXNQ) 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.
Maxeon Solar Technologies Net-Net Working Capital Related Terms
Maxeon Solar Technologies Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Maxeon Solar 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.
Maxeon Solar Technologies Net-Net Working Capital Chart
MAXNQ vs FSLR, NXT, ENPH: Net-Net Working Capital Comparison
For the Solar subindustry, Maxeon Solar 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.
Maxeon Solar Technologies Price-to-Net-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Maxeon Solar Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Maxeon Solar 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 $-27.93 mean?
Maxeon Solar Technologies (MAXNQ) has a Net-Net Working Capital of $-27.93 as of Jun. 2025. 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 Maxeon Solar Technologies According to the industry distribution chart, Maxeon Solar Technologies ranks #999999 out of 538 companies in the Semiconductors industry.
Is Maxeon Solar Technologies' Net-Net Working Capital too high?
Maxeon Solar Technologies' current Net-Net Working Capital is $-27.93. Based on the distribution chart, Maxeon Solar Technologies ranks #999999 out of 538 companies in the Semiconductors industry, which is in the bottom quartile relative to peers.
How does Maxeon Solar Technologies' Net-Net Working Capital compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Maxeon Solar Technologies ranks #999999 out of 538 companies for Net-Net Working Capital. This places Maxeon Solar Technologies in the lower half of its industry. The industry median Net-Net Working Capital is 11.25. 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 11.25, based on 538 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 Maxeon Solar Technologies For the Semiconductors industry, the median Net-Net Working Capital is 11.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxeon Solar Technologies's current Net-Net Working Capital is $-27.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxeon Solar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Maxeon Solar Technologies (MAXNQ) is currently considered Possible Value Trap. The stock's GF Value™ is $2.90, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Net-Net Working Capital is $-27.93. 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 Maxeon Solar Technologies (MAXNQ), the current Net-Net Working Capital is $-27.93 as of Jun. 2025. 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.
Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, Italy, and Rest of world.
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