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FedEx Freight Holding CoMEX:FDXF 18 Net-Net Working Capital is MXN-205.28 as of Nov. 2025. GuruFocus rates MEX:FDXF with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 219 Transportation companies, FedEx Freight Holding Co ranks worse than 456620.55% 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.
FedEx Freight Holding Co's Net-Net Working Capital for the quarter that ended in Nov. 2025 was MXN-205.28.
The industry rank for FedEx Freight Holding Co's Net-Net Working Capital or its related term are showing as below:
MEX:FDXF's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 6.45 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
FedEx Freight Holding Co (MEX:FDXF) 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.
FedEx Freight Holding Co Net-Net Working Capital Related Terms
FedEx Freight Holding Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for FedEx Freight Holding Co'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.
FedEx Freight Holding Co Net-Net Working Capital Chart
FedEx Freight Holding Co Annual Data
Trend
May23
May24
May25
Net-Net Working Capital
0.00
-308.28
-191.75
FedEx Freight Holding Co Semi-Annual Data
May24
Nov24
May25
Nov25
Net-Net Working Capital
-308.28
0.00
-191.75
-205.28
MEX:FDXF vs EXPD, CHRW, JBHT: Net-Net Working Capital Comparison
For the Integrated Freight & Logistics subindustry, FedEx Freight Holding Co'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.
FedEx Freight Holding Co Price-to-Net-Net-Working-Capital vs Transportation Industry
For the Transportation industry and Industrials sector, FedEx Freight Holding Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where FedEx Freight Holding Co'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-205.28 mean?
FedEx Freight Holding Co (MEX:FDXF) has a Net-Net Working Capital of MXN-205.28 as of Nov. 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 FedEx Freight Holding Co According to the industry distribution chart, FedEx Freight Holding Co ranks #999999 out of 219 companies in the Transportation industry.
Is FedEx Freight Holding Co's Net-Net Working Capital too high?
FedEx Freight Holding Co's current Net-Net Working Capital is MXN-205.28. Based on the distribution chart, FedEx Freight Holding Co ranks #999999 out of 219 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, FedEx Freight Holding Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does FedEx Freight Holding Co's Net-Net Working Capital compare to EXPD and CHRW?
According to the Transportation industry distribution chart, FedEx Freight Holding Co ranks #999999 out of 219 companies for Net-Net Working Capital. This places FedEx Freight Holding Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.45. 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 Transportation company?
The median Net-Net Working Capital among Transportation companies is 6.45, based on 219 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 FedEx Freight Holding Co For the Transportation industry, the median Net-Net Working Capital is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx Freight Holding Co's current Net-Net Working Capital is MXN-205.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx Freight Holding Co stock overvalued right now?
FedEx Freight Holding Co (MEX:FDXF) has a current Net-Net Working Capital of MXN-205.28. The current Net-Net Working Capital is MXN-205.28. FedEx Freight Holding Co's overall GF Score™ is 18/100 with 2 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 FedEx Freight Holding Co (MEX:FDXF), the current Net-Net Working Capital is MXN-205.28 as of Nov. 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.
FedEx Freight Holding Co Inc is a North America-based less-than-truckload (LTL) transportation and freight services provider. Its service offerings - including Priority, Economy, and Direct shipping services - enable customers to select transportation options based on their needs. The company operates a network of vehicles and service locations across the U.S. states, Canada, Mexico, Puerto Rico, and the U.S. Virgin Islands, providing freight transportation and logistics services. It also utilizes data-driven technology and sales operations to support its transportation network and customer services.
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