MKDW (MKDWell Tech) Net-Net Working Capital: $-3.34 (As of Dec. 2025)

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MKDW MKDWell Tech Inc MKDW
8 GF Score
Price $11.01
! 9 Warning Signs
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What is MKDWell Tech Net-Net Working Capital?

MKDWell Tech MKDW 8 Net-Net Working Capital is $-3.34 as of Dec. 2025. GuruFocus rates MKDW with a GF Score™ of 8/100. The stock has 9 warning signs investors should review. Among 373 Vehicles & Parts companies, MKDWell Tech ranks worse than 268096.25% 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.

MKDWell Tech's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-3.34.

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

MKDW's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.89
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

MKDWell Tech  (NAS:MKDW) 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.


MKDWell Tech Net-Net Working Capital Related Terms


MKDWell Tech Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for MKDWell Tech'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.

MKDWell Tech Net-Net Working Capital Chart

MKDWell Tech Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-14.73 -10.79 -12.26 -21.31 -3.34

MKDWell Tech Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -12.26 -14.06 -21.31 -0.31 -3.34

MKDW vs SYPR, PRTS, GTEC: Net-Net Working Capital Comparison

For the Auto Parts subindustry, MKDWell Tech'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.


MKDWell Tech Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MKDWell Tech's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


MKDW
8GF Score
MKDWell Tech Inc MKDW
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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MKDWell Tech Net-Net Working Capital Calculation

MKDWell Tech's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.024+0.75 * 0.821+0.5 * 0.251-13.51
-0.001--0.893)/3.549
=-3.34

MKDWell Tech'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)
=(0.024+0.75 * 0.821+0.5 * 0.251-13.51
-0.001--0.893)/3.549
=-3.34

* 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 $-3.34 mean?
MKDWell Tech (MKDW) has a Net-Net Working Capital of $-3.34 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 MKDWell Tech According to the industry distribution chart, MKDWell Tech ranks #999999 out of 373 companies in the Vehicles & Parts industry.
Is MKDWell Tech's Net-Net Working Capital too high?
MKDWell Tech's current Net-Net Working Capital is $-3.34. Based on the distribution chart, MKDWell Tech ranks #999999 out of 373 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, MKDWell Tech has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does MKDWell Tech's Net-Net Working Capital compare to SYPR and PRTS?
According to the Vehicles & Parts industry distribution chart, MKDWell Tech ranks #999999 out of 373 companies for Net-Net Working Capital. This places MKDWell Tech in the lower half of its industry. The industry median Net-Net Working Capital is 7.89. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.89, based on 373 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 MKDWell Tech For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKDWell Tech's current Net-Net Working Capital is $-3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKDWell Tech stock overvalued right now?
MKDWell Tech (MKDW) has a current Net-Net Working Capital of $-3.34. The current Net-Net Working Capital is $-3.34. MKDWell Tech's overall GF Score™ is 8/100 with 9 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 MKDWell Tech (MKDW), the current Net-Net Working Capital is $-3.34 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.

MKDWell Tech Business Description

Address No. 6-2, Duxing Road, 1st Floor, Hsinchu Science Park, Hsinchu City 300, Hsinchu City, TWN
MKDWell Tech Inc is a manufacturer and supplier of automotive electronics for passenger cars, modified commercial vehicles, camper vans and logistics vehicles. The Company's business covers research and development, design, production and sales of automotive electronic products. Its main products include intelligent camper vans control systems, LiDAR sensors, intelligent container control systems for logistics vehicles and vehicle seat control systems, and it provides ODM and OEM customized services. The Company designs, manufactures and supplies products through its design center in Hsinchu Science Park and manufacturing plant in Jiaxing Science and Technology City. Its customers are mainly based in Mainland China and Taiwan.
8GF 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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