Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Watts Water Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2026 was MXN45.12.
The industry rank for Watts Water Technologies's Net-Net Working Capital or its related term are showing as below:
MEX:WTS's Price-to-Net-Net-Working-Capital is ranked worse than 96.04% of 1362
companies
in the Industrial Products industry
Industry Median: 7.725
vs MEX:WTS: 138.65
Watts Water Technologies (MEX:WTS) 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.
Watts Water Technologies Net-Net Working Capital Related Terms
Watts Water Technologies Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Watts Water 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.
Watts Water Technologies Net-Net Working Capital Chart
MEX:WTS vs GNRC, DCI, PNR: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, Watts Water 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.
Watts Water Technologies Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Watts Water Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Watts Water 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 MXN45.12 mean?
Watts Water Technologies (MEX:WTS) has a Net-Net Working Capital of MXN45.12 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 Watts Water Technologies According to the industry distribution chart, Watts Water Technologies ranks #1308 out of 1362 companies in the Industrial Products industry, placing it in the top 96%.
Is Watts Water Technologies' Net-Net Working Capital too high?
Watts Water Technologies' current Net-Net Working Capital is MXN45.12. Based on the distribution chart, Watts Water Technologies ranks #1308 out of 1362 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Watts Water Technologies has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Watts Water Technologies' Net-Net Working Capital compare to GNRC and DCI?
According to the Industrial Products industry distribution chart, Watts Water Technologies ranks #1308 out of 1362 companies for Net-Net Working Capital. This places Watts Water Technologies in the lower half of its industry. The industry median Net-Net Working Capital is 7.73. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 7.73, based on 1,362 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 Watts Water Technologies For the Industrial Products industry, the median Net-Net Working Capital is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watts Water Technologies's current Net-Net Working Capital is MXN45.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watts Water Technologies stock overvalued right now?
Watts Water Technologies (MEX:WTS) has a current Net-Net Working Capital of MXN45.12. The stock's GF Value™ is MXN3,869.27, compared to a current price of MXN5,253.46 — trading 35.8% above its estimated fair value. The current Net-Net Working Capital is MXN45.12. Watts Water Technologies' overall GF Score™ is 92/100 with 5 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 Watts Water Technologies (MEX:WTS), the current Net-Net Working Capital is MXN45.12 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 Watts Water Technologies (MEX:WTS) Overvalued in 2026?
Based on GuruFocus' analysis, Watts Water Technologies stock appears to be overvalued.
The current stock price of MXN5,253.46 is trading 35.8% above its estimated GF Value™ of MXN3,869.27.
Key valuation signals for MEX:WTS:
Net-Net Working Capital: MXN45.12
GF Value™: MXN3,869.27 vs. price of MXN5,253.46 (35.8% above fair value)
No single metric tells the full story. See the MEX:WTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, etc.; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. Its products are marketed through brands like Watts, Apex, Bradley, Nexa, and others. Geographically, the company derives its key revenue from the Americas, followed by Europe and the APMEA region.
92GF Score
Get the complete analysis for MEX:WTS
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:WTS has been successfully added to your 
