DoorDashMEX:DASH 82 Net-Net Working Capital is MXN-132.55 as of Mar. 2026. GuruFocus rates MEX:DASH with a GF Score™ of 82/100 and a GF Value™ of MXN3,750.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 328 Retail - Cyclical companies, DoorDash ranks worse than 304877.74% 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.
DoorDash's Net-Net Working Capital for the quarter that ended in Mar. 2026 was MXN-132.55.
The industry rank for DoorDash's Net-Net Working Capital or its related term are showing as below:
MEX:DASH's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 5.98 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
DoorDash (MEX:DASH) 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.
DoorDash Net-Net Working Capital Related Terms
DoorDash Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for DoorDash'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.
MEX:DASH vs MELI, SE, PDD: Net-Net Working Capital Comparison
For the Internet Retail subindustry, DoorDash'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.
DoorDash Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, DoorDash's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where DoorDash'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 MXN-132.55 mean?
DoorDash (MEX:DASH) has a Net-Net Working Capital of MXN-132.55 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 DoorDash According to the industry distribution chart, DoorDash ranks #999999 out of 328 companies in the Retail - Cyclical industry.
Is DoorDash's Net-Net Working Capital too high?
DoorDash's current Net-Net Working Capital is MXN-132.55. Based on the distribution chart, DoorDash ranks #999999 out of 328 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, DoorDash has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DoorDash's Net-Net Working Capital compare to MELI and SE?
According to the Retail - Cyclical industry distribution chart, DoorDash ranks #999999 out of 328 companies for Net-Net Working Capital. This places DoorDash in the lower half of its industry. The industry median Net-Net Working Capital is 5.98. 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 Retail - Cyclical company?
The median Net-Net Working Capital among Retail - Cyclical companies is 5.98, based on 328 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 DoorDash For the Retail - Cyclical industry, the median Net-Net Working Capital is 5.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DoorDash's current Net-Net Working Capital is MXN-132.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DoorDash stock overvalued right now?
Based on GuruFocus' analysis, DoorDash (MEX:DASH) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,750.31, compared to a current price of MXN3,327.30 — trading 11.3% below its estimated fair value. The current Net-Net Working Capital is MXN-132.55. DoorDash's overall GF Score™ is 82/100 with 4 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 DoorDash (MEX:DASH), the current Net-Net Working Capital is MXN-132.55 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 DoorDash (MEX:DASH) Overvalued in 2026?
Based on GuruFocus' analysis, DoorDash stock appears to be undervalued.
The current stock price of MXN3,327.30 is trading 11.3% below its estimated GF Value™ of MXN3,750.31.
GuruFocus considers DoorDash to be Modestly Undervalued.
Key valuation signals for MEX:DASH:
Net-Net Working Capital: MXN-132.55
GF Value™: MXN3,750.31 vs. price of MXN3,327.30 (11.3% below fair value)
No single metric tells the full story. See the MEX:DASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2013 within the confines of the San Francisco application renaissance, DoorDash is an online delivery demand aggregator. Consumers can use its app to order food on demand for delivery or in-store pickup from participating merchants. Following the 2022 acquisition of Wolt, the firm also provides this service in Europe and Asia. DoorDash creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. The firm provides similar services to non-restaurant businesses, such as grocery, retail, and pet supplies. DoorDash is also rolling out emerging technologies, such as drone delivery, to continually innovate and deliver the best possible service to both supply-side and demand-side participants in its marketplace.
82GF Score
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