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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.
International Money Express's Net-Net Working Capital for the quarter that ended in Jun. 2026 was MXN-31.15.
The industry rank for International Money Express's Net-Net Working Capital or its related term are showing as below:
MEX:IMXI's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.24 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
International Money Express (MEX:IMXI) 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.
International Money Express Net-Net Working Capital Related Terms
International Money Express Net-Net Working Capital Historical Data
* 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.
International Money Express Net-Net Working Capital Chart
MEX:IMXI vs IIIV, LSAK, CINT: Net-Net Working Capital Comparison
For the Software - Infrastructure subindustry, International Money Express'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.
International Money Express Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, International Money Express's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where International Money Express'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-31.15 mean?
International Money Express (MEX:IMXI) has a Net-Net Working Capital of MXN-31.15 as of Jun. 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 International Money Express According to the industry distribution chart, International Money Express ranks #999999 out of 1258 companies in the Software industry.
Is International Money Express' Net-Net Working Capital too high?
International Money Express' current Net-Net Working Capital is MXN-31.15. Based on the distribution chart, International Money Express ranks #999999 out of 1258 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, International Money Express has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does International Money Express' Net-Net Working Capital compare to IIIV and LSAK?
According to the Software industry distribution chart, International Money Express ranks #999999 out of 1258 companies for Net-Net Working Capital. This places International Money Express in the lower half of its industry. The industry median Net-Net Working Capital is 7.24. 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 Software company?
The median Net-Net Working Capital among Software companies is 7.24, based on 1,258 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 International Money Express For the Software industry, the median Net-Net Working Capital is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Money Express's current Net-Net Working Capital is MXN-31.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Money Express stock overvalued right now?
International Money Express (MEX:IMXI) has a current Net-Net Working Capital of MXN-31.15. The stock's GF Value™ is MXN271.17, compared to a current price of MXN188.70 — trading 30.4% below its estimated fair value. The current Net-Net Working Capital is MXN-31.15. International Money Express' overall GF Score™ is 82/100 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 International Money Express (MEX:IMXI), the current Net-Net Working Capital is MXN-31.15 as of Jun. 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 International Money Express (MEX:IMXI) Overvalued in 2026?
Based on GuruFocus' analysis, International Money Express stock appears to be undervalued.
The current stock price of MXN188.70 is trading 30.4% below its estimated GF Value™ of MXN271.17.
Key valuation signals for MEX:IMXI:
Net-Net Working Capital: MXN-31.15
GF Value™: MXN271.17 vs. price of MXN188.70 (30.4% below fair value)
No single metric tells the full story. See the MEX:IMXI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Money Express Inc is an omnichannel money remittance services company focused on the United States of America to Latin America and the Caribbean corridor, which includes Mexico, Central and South America and the Caribbean. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.
82GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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