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Excellent Wires and PackagingNSE:EXCELLENT 16 Net-Net Working Capital is ₹8.82 as of Mar. 2026. GuruFocus rates NSE:EXCELLENT with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 1,361 Industrial Products companies, Excellent Wires and Packaging ranks worse than 78.1% 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.
The industry rank for Excellent Wires and Packaging's Net-Net Working Capital or its related term are showing as below:
NSE:EXCELLENT's Price-to-Net-Net-Working-Capital is ranked worse than 78.1% of 1361
companies
in the Industrial Products industry
Industry Median: 7.74
vs NSE:EXCELLENT: 23.72
Excellent Wires and Packaging (NSE:EXCELLENT) 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.
Excellent Wires and Packaging Net-Net Working Capital Related Terms
Excellent Wires and Packaging 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.
Excellent Wires and Packaging Net-Net Working Capital Chart
NSE:EXCELLENT vs VRT, BE: Net-Net Working Capital Comparison
For the Electrical Equipment & Parts subindustry, Excellent Wires and Packaging'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.
Excellent Wires and Packaging Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Excellent Wires and Packaging's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Excellent Wires and Packaging'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 ₹8.82 mean?
Excellent Wires and Packaging (NSE:EXCELLENT) has a Net-Net Working Capital of ₹8.82 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 Excellent Wires and Packaging According to the industry distribution chart, Excellent Wires and Packaging ranks #1063 out of 1361 companies in the Industrial Products industry, placing it in the top 78.1%.
Is Excellent Wires and Packaging's Net-Net Working Capital too high?
Excellent Wires and Packaging's current Net-Net Working Capital is ₹8.82. Based on the distribution chart, Excellent Wires and Packaging ranks #1063 out of 1361 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Excellent Wires and Packaging has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Excellent Wires and Packaging's Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, Excellent Wires and Packaging ranks #1063 out of 1361 companies for Net-Net Working Capital. This places Excellent Wires and Packaging in the lower half of its industry. The industry median Net-Net Working Capital is 7.74. 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 Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 7.74, based on 1,361 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 Excellent Wires and Packaging For the Industrial Products industry, the median Net-Net Working Capital is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excellent Wires and Packaging's current Net-Net Working Capital is ₹8.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excellent Wires and Packaging stock overvalued right now?
Excellent Wires and Packaging (NSE:EXCELLENT) has a current Net-Net Working Capital of ₹8.82. The current Net-Net Working Capital is ₹8.82. Excellent Wires and Packaging's overall GF Score™ is 16/100 with 8 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 Excellent Wires and Packaging (NSE:EXCELLENT), the current Net-Net Working Capital is ₹8.82 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.
Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of Excellent. It also manufactures packaging products like PP Strapping Rolls and BOPP Self-Adhesive Tapes under the brand name of Excellent. The company supplies its products to various industries, viz. Packaging, Engineering, Stationery, Imitation Jewelry, Wires & Cable, etc.
16GF Score
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