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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.
The industry rank for Entertainment Network (India)'s Net-Net Working Capital or its related term are showing as below:
NSE:ENIL's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.44 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Entertainment Network (India) (NSE:ENIL) 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.
Entertainment Network (India) Net-Net Working Capital Related Terms
Entertainment Network (India) 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.
Entertainment Network (India) Net-Net Working Capital Chart
NSE:ENIL vs NXST: Net-Net Working Capital Comparison
For the Broadcasting subindustry, Entertainment Network (India)'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.
Entertainment Network (India) Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Entertainment Network (India)'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?
Entertainment Network (India) (NSE:ENIL) 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 Entertainment Network (India) According to the industry distribution chart, Entertainment Network (India) ranks #999999 out of 385 companies in the Media - Diversified industry.
Is Entertainment Network (India)'s Net-Net Working Capital too high?
Entertainment Network (India)'s current Net-Net Working Capital is ₹0.00. Based on the distribution chart, Entertainment Network (India) ranks #999999 out of 385 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Entertainment Network (India) has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Entertainment Network (India)'s Net-Net Working Capital compare to NXST?
According to the Media - Diversified industry distribution chart, Entertainment Network (India) ranks #999999 out of 385 companies for Net-Net Working Capital. This places Entertainment Network (India) in the lower half of its industry. The industry median Net-Net Working Capital is 4.44. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.44, based on 385 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 Entertainment Network (India) For the Media - Diversified industry, the median Net-Net Working Capital is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Entertainment Network (India)'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 Entertainment Network (India) stock overvalued right now?
Based on GuruFocus' analysis, Entertainment Network (India) (NSE:ENIL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹169.66, compared to a current price of ₹101.01 — trading 40.5% below its estimated fair value. The current Net-Net Working Capital is ₹0.00. Entertainment Network (India)'s overall GF Score™ is 60/100 with 3 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 Entertainment Network (India) (NSE:ENIL), 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 Entertainment Network (India) (NSE:ENIL) Overvalued in 2026?
Based on GuruFocus' analysis, Entertainment Network (India) stock appears to be undervalued.
The current stock price of ₹101.01 is trading 40.5% below its estimated GF Value™ of ₹169.66.
GuruFocus considers Entertainment Network (India) to be Possible Value Trap.
Key valuation signals for NSE:ENIL:
Net-Net Working Capital: ₹0.00
GF Value™: ₹169.66 vs. price of ₹101.01 (40.5% below fair value)
No single metric tells the full story. See the NSE:ENIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Entertainment Network (India) Ltd is a radio broadcasting company. It operates FM radio broadcasting stations in various Indian cities under the brand names Mirchi, Mirchi Love, and Kool FM. The company's principal revenue stream is advertising revenue which is generated through the sale of airtime in its FM radio broadcasting stations, activations, concerts, and monetization of the company's digital and other media properties. It is also engaged in the business of licensing music audio content and hosting and streaming such music audio content in different languages through applications dedicated to online music streaming under the name Gaana. The firm operates in a single segment which is Media and Entertainment, and derives its key revenue from the Indian market.
60GF Score
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