Barratt Redrow (MEX:BDEV) Net-Net Working Capital: MXN23.26 (As of Dec. 2025)


What is Barratt Redrow Net-Net Working Capital?

Barratt Redrow MEX:BDEV 69 Net-Net Working Capital is MXN23.26 as of Dec. 2025. GuruFocus rates MEX:BDEV with a GF Score™ of 69/100. The stock has 6 warning signs investors should review. Among 34 Homebuilding & Construction companies, Barratt Redrow ranks better than 82.35% 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.

Barratt Redrow's Net-Net Working Capital for the quarter that ended in Dec. 2025 was MXN23.26.

The industry rank for Barratt Redrow's Net-Net Working Capital or its related term are showing as below:

MEX:BDEV's Price-to-Net-Net-Working-Capital is ranked better than
82.35% of 34 companies
in the Homebuilding & Construction industry
Industry Median: 6.855 vs MEX:BDEV: 2.93

Barratt Redrow  (MEX:BDEV) 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.


Barratt Redrow Net-Net Working Capital Related Terms


Barratt Redrow Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Barratt Redrow'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.

Barratt Redrow Net-Net Working Capital Chart

Barratt Redrow Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.56 36.32 34.05 31.89 27.54

Barratt Redrow Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 33.12 31.89 32.39 27.54 23.26

MEX:BDEV vs DHI, PHM, LEN: Net-Net Working Capital Comparison

For the Residential Construction subindustry, Barratt Redrow'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.


Barratt Redrow Price-to-Net-Net-Working-Capital vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Barratt Redrow's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Barratt Redrow's Price-to-Net-Net-Working-Capital falls into.



Barratt Redrow Net-Net Working Capital Calculation

Barratt Redrow's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24771.767+0.75 * 2529.296+0.5 * 213089.315-93936.503
-0-2.555)/1426.109
=27.54

Barratt Redrow's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9012.492+0.75 * 4859.37+0.5 * 209090.287-84255.588
-0-2.41)/1416.629
=23.26

* 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 MXN23.26 mean?
Barratt Redrow (MEX:BDEV) has a Net-Net Working Capital of MXN23.26 as of Dec. 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 Barratt Redrow According to the industry distribution chart, Barratt Redrow ranks #6 out of 34 companies in the Homebuilding & Construction industry, placing it in the top 17.6%.
Is Barratt Redrow's Net-Net Working Capital too high?
Barratt Redrow's current Net-Net Working Capital is MXN23.26. Based on the distribution chart, Barratt Redrow ranks #6 out of 34 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Barratt Redrow has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Barratt Redrow's Net-Net Working Capital compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Barratt Redrow ranks #6 out of 34 companies for Net-Net Working Capital. This places Barratt Redrow in the top 18% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.86. 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 Homebuilding & Construction company?
The median Net-Net Working Capital among Homebuilding & Construction companies is 6.86, based on 34 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 Barratt Redrow For the Homebuilding & Construction industry, the median Net-Net Working Capital is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barratt Redrow's current Net-Net Working Capital is MXN23.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barratt Redrow stock overvalued right now?
Barratt Redrow (MEX:BDEV) has a current Net-Net Working Capital of MXN23.26. The current Net-Net Working Capital is MXN23.26. Barratt Redrow's overall GF Score™ is 69/100 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 Barratt Redrow (MEX:BDEV), the current Net-Net Working Capital is MXN23.26 as of Dec. 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.

Barratt Redrow Business Description

Address Cartwright Way, Forest Business Park, Barratt House, Bardon Hill, Coalville, Leicestershire, GBR, LE67 1UF
Barratt Redrow is the UK's largest residential property developer by revenue, marketing homes under its three brands: Barratt Homes, David Wilson, and Redrow. Barratt Developments, already the largest residential property developer in the UK by revenue, merged with Redrow in 2024. Barratt Redrow typifies the business model employed by UK homebuilders, traditionally operating in the land development, construction, and sales and marketing segments of the residential property development value chain.