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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:IREDA's Price-to-Net-Net-Working-Capital is not ranked *
in the Credit Services industry.
Industry Median: 5.91 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Indian Renewable Energy Development Agency (NSE:IREDA) 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.
Indian Renewable Energy Development Agency Net-Net Working Capital Related Terms
Indian Renewable Energy Development Agency 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.
Indian Renewable Energy Development Agency Net-Net Working Capital Chart
Indian Renewable Energy Development Agency Annual Data
NSE:IREDA vs V, MA, AXP: Net-Net Working Capital Comparison
For the Credit Services subindustry, Indian Renewable Energy Development Agency'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.
Indian Renewable Energy Development Agency Price-to-Net-Net-Working-Capital vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Indian Renewable Energy Development Agency'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?
Indian Renewable Energy Development Agency (NSE:IREDA) 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 Indian Renewable Energy Development Agency According to the industry distribution chart, Indian Renewable Energy Development Agency ranks #999999 out of 83 companies in the Credit Services industry.
Is Indian Renewable Energy Development Agency's Net-Net Working Capital too high?
Indian Renewable Energy Development Agency's current Net-Net Working Capital is ₹0.00. Based on the distribution chart, Indian Renewable Energy Development Agency ranks #999999 out of 83 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's Net-Net Working Capital compare to V and MA?
According to the Credit Services industry distribution chart, Indian Renewable Energy Development Agency ranks #999999 out of 83 companies for Net-Net Working Capital. This places Indian Renewable Energy Development Agency in the lower half of its industry. The industry median Net-Net Working Capital is 5.91. 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 a Credit Services company?
The median Net-Net Working Capital among Credit Services companies is 5.91, based on 83 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 Indian Renewable Energy Development Agency For the Credit Services industry, the median Net-Net Working Capital is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Renewable Energy Development Agency'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 Indian Renewable Energy Development Agency stock overvalued right now?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency (NSE:IREDA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹218.22, compared to a current price of ₹116.50 — trading 46.6% below its estimated fair value. The current Net-Net Working Capital is ₹0.00. Indian Renewable Energy Development Agency's overall GF Score™ is 54/100 with 7 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 Indian Renewable Energy Development Agency (NSE:IREDA), 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 Indian Renewable Energy Development Agency (NSE:IREDA) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency stock appears to be undervalued.
The current stock price of ₹116.50 is trading 46.6% below its estimated GF Value™ of ₹218.22.
GuruFocus considers Indian Renewable Energy Development Agency to be Possible Value Trap.
Key valuation signals for NSE:IREDA:
Net-Net Working Capital: ₹0.00
GF Value™: ₹218.22 vs. price of ₹116.50 (46.6% below fair value)
No single metric tells the full story. See the NSE:IREDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.
54GF Score
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