NSANY (Nissan Motor Co) Net-Net Working Capital: $-41.28 (As of Mar. 2026)

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NSANY Nissan Motor Co Ltd NSANY
68 GF Score
Price $4.35
GF Value $5.60
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Nissan Motor Co Net-Net Working Capital?

Nissan Motor Co NSANY +2.48% 68 Net-Net Working Capital is $-41.28 as of Mar. 2026. GuruFocus rates NSANY with a GF Score™ of 68/100 and a GF Value™ of $5.60 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 377 Vehicles & Parts companies, Nissan Motor Co ranks worse than 265251.72% 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.

Nissan Motor Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-41.28.

The industry rank for Nissan Motor Co's Net-Net Working Capital or its related term are showing as below:

NSANY's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.92
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Nissan Motor Co  (OTCPK:NSANY) 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.


Nissan Motor Co Net-Net Working Capital Related Terms


Nissan Motor Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Nissan Motor 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.

Nissan Motor Co Net-Net Working Capital Chart

Nissan Motor Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.84 -34.98 -36.54 -40.72 -41.28

Nissan Motor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.72 -41.90 -42.11 -41.73 -41.28

NSANY vs TSLA, GM, F: Net-Net Working Capital Comparison

For the Auto Manufacturers subindustry, Nissan Motor 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.


Nissan Motor Co Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

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

* The bar in red indicates where Nissan Motor Co's Price-to-Net-Net-Working-Capital falls into.


NSANY
68GF Score
Nissan Motor Co Ltd NSANY
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Nissan Motor Co Net-Net Working Capital Calculation

Nissan Motor Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(14272.583+0.75 * 4060.588+0.5 * 10267.307-91823.33
-0-2789.762)/1748.191
=-41.28

Nissan Motor Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(14272.583+0.75 * 4060.588+0.5 * 10267.307-91823.33
-0-2789.762)/1748.191
=-41.28

* 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 $-41.28 mean?
Nissan Motor Co (NSANY) has a Net-Net Working Capital of $-41.28 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 Nissan Motor Co According to the industry distribution chart, Nissan Motor Co ranks #999999 out of 377 companies in the Vehicles & Parts industry.
Is Nissan Motor Co's Net-Net Working Capital too high?
Nissan Motor Co's current Net-Net Working Capital is $-41.28. Based on the distribution chart, Nissan Motor Co ranks #999999 out of 377 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nissan Motor Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissan Motor Co's Net-Net Working Capital compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Nissan Motor Co ranks #999999 out of 377 companies for Net-Net Working Capital. This places Nissan Motor Co in the lower half of its industry. The industry median Net-Net Working Capital is 7.92. 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 7.92, based on 377 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 Nissan Motor Co For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissan Motor Co's current Net-Net Working Capital is $-41.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissan Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Nissan Motor Co (NSANY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.60, compared to a current price of $4.35 — trading 22.3% below its estimated fair value. The current Net-Net Working Capital is $-41.28. Nissan Motor Co's overall GF Score™ is 68/100 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 Nissan Motor Co (NSANY), the current Net-Net Working Capital is $-41.28 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 Nissan Motor Co (NSANY) Overvalued in 2026?

Based on GuruFocus' analysis, Nissan Motor Co stock appears to be undervalued. The current stock price of $4.35 is trading 22.3% below its estimated GF Value™ of $5.60. GuruFocus considers Nissan Motor Co to be Modestly Undervalued.

Key valuation signals for NSANY:

  • Net-Net Working Capital: $-41.28
  • GF Value™: $5.60 vs. price of $4.35 (22.3% below fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the NSANY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissan Motor Co Business Description

Address 1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.2 million vehicles last fiscal year, total calendar 2025 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 11.3 million, Volkswagen at 9.0 million, and Hyundai/Kia with 7.3 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Under a new alliance agreement, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company. Renault holds the remaining stake in Nissan through a French trust where the voting rights of such shares are "neutralized" for "most decisions" but retain the economic benefit.
68GF 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.

$4.35
Price
$5.60
GF Value