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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.
Garware Technical Fibres's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ₹0.00.
The industry rank for Garware Technical Fibres's Net-Net Working Capital or its related term are showing as below:
NSE:GARFIBRES's Price-to-Net-Net-Working-Capital is ranked worse than 86.63% of 374
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.665
vs NSE:GARFIBRES: 26.54
Garware Technical Fibres (NSE:GARFIBRES) 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.
Garware Technical Fibres Net-Net Working Capital Related Terms
Garware Technical Fibres Net-Net Working Capital Historical Data
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The historical data trend for Garware Technical Fibres'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.
Garware Technical Fibres Net-Net Working Capital Chart
Garware Technical Fibres Net-Net Working Capital Competitor Comparison
For the Textile Manufacturing subindustry, Garware Technical Fibres'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.
Garware Technical Fibres Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Garware Technical Fibres'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?
Garware Technical Fibres (NSE:GARFIBRES) 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 Garware Technical Fibres According to the industry distribution chart, Garware Technical Fibres ranks #324 out of 374 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.6%.
Is Garware Technical Fibres' Net-Net Working Capital too high?
Garware Technical Fibres' current Net-Net Working Capital is ₹0.00. Based on the distribution chart, Garware Technical Fibres ranks #324 out of 374 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Garware Technical Fibres has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' Net-Net Working Capital compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Garware Technical Fibres ranks #324 out of 374 companies for Net-Net Working Capital. This places Garware Technical Fibres in the lower half of its industry. The industry median Net-Net Working Capital is 5.67. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.67, based on 374 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 Garware Technical Fibres For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Technical Fibres'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 Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Fairly Valued. The stock's GF Value™ is ₹877.26, compared to a current price of ₹800.05 — trading 8.8% below its estimated fair value. The current Net-Net Working Capital is ₹0.00. Garware Technical Fibres' overall GF Score™ is 96/100 with 4 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 Garware Technical Fibres (NSE:GARFIBRES), 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 Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued.
The current stock price of ₹800.05 is trading 8.8% below its estimated GF Value™ of ₹877.26.
GuruFocus considers Garware Technical Fibres to be Fairly Valued.
Key valuation signals for NSE:GARFIBRES:
Net-Net Working Capital: ₹0.00
GF Value™: ₹877.26 vs. price of ₹800.05 (8.8% below fair value)
No single metric tells the full story. See the NSE:GARFIBRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
96GF Score
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