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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.
NSE:CFEL's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Regulated industry.
Industry Median: 4.91 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Confidence Futuristic Energetech (NSE:CFEL) 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.
Confidence Futuristic Energetech Net-Net Working Capital Related Terms
Confidence Futuristic Energetech 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.
Confidence Futuristic Energetech Net-Net Working Capital Chart
For the Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.
Confidence Futuristic Energetech Price-to-Net-Net-Working-Capital vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Confidence Futuristic Energetech'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 ₹0.00 mean?
Confidence Futuristic Energetech (NSE:CFEL) has a Net-Net Working Capital of ₹0.00 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 Confidence Futuristic Energetech According to the industry distribution chart, Confidence Futuristic Energetech ranks #999999 out of 64 companies in the Utilities - Regulated industry.
Is Confidence Futuristic Energetech's Net-Net Working Capital too high?
Confidence Futuristic Energetech's current Net-Net Working Capital is ₹0.00. Based on the distribution chart, Confidence Futuristic Energetech ranks #999999 out of 64 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Confidence Futuristic Energetech has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's Net-Net Working Capital compare to ?
According to the Utilities - Regulated industry distribution chart, Confidence Futuristic Energetech ranks #999999 out of 64 companies for Net-Net Working Capital. This places Confidence Futuristic Energetech in the lower half of its industry. The industry median Net-Net Working Capital is 4.91. 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 Utilities - Regulated company?
The median Net-Net Working Capital among Utilities - Regulated companies is 4.91, based on 64 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 Confidence Futuristic Energetech For the Utilities - Regulated industry, the median Net-Net Working Capital is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Futuristic Energetech's current Net-Net Working Capital is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (NSE:CFEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹52.26, compared to a current price of ₹31.13 — trading 40.4% below its estimated fair value. The current Net-Net Working Capital is ₹0.00. Confidence Futuristic Energetech's overall GF Score™ is 59/100 with 10 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 Confidence Futuristic Energetech (NSE:CFEL), the current Net-Net Working Capital is ₹0.00 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 Confidence Futuristic Energetech (NSE:CFEL) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued.
The current stock price of ₹31.13 is trading 40.4% below its estimated GF Value™ of ₹52.26.
GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.
Key valuation signals for NSE:CFEL:
Net-Net Working Capital: ₹0.00
GF Value™: ₹52.26 vs. price of ₹31.13 (40.4% below fair value)
No single metric tells the full story. See the NSE:CFEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
59GF 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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