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CSM TechnologiesNSE:CSM +2.71%16 Net-Net Working Capital is ₹-5.78 as of Mar. 2025. GuruFocus rates NSE:CSM with a GF Score™ of 16/100. Among 1,260 Software companies, CSM Technologies ranks worse than 79365% 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.
CSM Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-5.78.
The industry rank for CSM Technologies's Net-Net Working Capital or its related term are showing as below:
NSE:CSM's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 6.8 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
CSM Technologies (NSE:CSM) 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.
CSM Technologies Net-Net Working Capital Related Terms
CSM Technologies Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for CSM 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.
CSM Technologies Net-Net Working Capital Chart
CSM Technologies Annual Data
Trend
Mar23
Mar24
Mar25
Net-Net Working Capital
-1.63
-6.97
-5.78
CSM Technologies Semi-Annual Data
Mar23
Mar24
Mar25
Net-Net Working Capital
-1.63
-6.97
-5.78
NSE:CSM vs IBM, ACN, FISV: Net-Net Working Capital Comparison
For the Information Technology Services subindustry, CSM 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.
CSM Technologies Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, CSM Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where CSM 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 ₹-5.78 mean?
CSM Technologies (NSE:CSM) has a Net-Net Working Capital of ₹-5.78 as of Mar. 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 CSM Technologies According to the industry distribution chart, CSM Technologies ranks #999999 out of 1260 companies in the Software industry.
Is CSM Technologies' Net-Net Working Capital too high?
CSM Technologies' current Net-Net Working Capital is ₹-5.78. Based on the distribution chart, CSM Technologies ranks #999999 out of 1260 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CSM Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does CSM Technologies' Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, CSM Technologies ranks #999999 out of 1260 companies for Net-Net Working Capital. This places CSM Technologies in the lower half of its industry. The industry median Net-Net Working Capital is 6.80. 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 6.80, based on 1,260 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 CSM Technologies For the Software industry, the median Net-Net Working Capital is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSM Technologies's current Net-Net Working Capital is ₹-5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSM Technologies stock overvalued right now?
CSM Technologies (NSE:CSM) has a current Net-Net Working Capital of ₹-5.78. The current Net-Net Working Capital is ₹-5.78. CSM Technologies' overall GF Score™ is 16/100. 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 CSM Technologies (NSE:CSM), the current Net-Net Working Capital is ₹-5.78 as of Mar. 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.
CSM Technologies Ltd provides a wide range of Information Technology services relating to software development, software licensing and designing with a minimal up-gradation which looks into the business need, end-to-end business solutions, creation of web enabled applications, web portals, corporate-wise process integration, business critical application, data warehousing, system integration, turnkey projects, e-Governance, community development, system integration technology and process solutions and other related services. The company serves various sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism.
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