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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.
Kaynes Technology India's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ₹.
The industry rank for Kaynes Technology India's Net-Net Working Capital or its related term are showing as below:
NSE:KAYNES's Price-to-Net-Net-Working-Capital is ranked worse than 90.59% of 1158
companies
in the Hardware industry
Industry Median: 9.21
vs NSE:KAYNES: 67.75
Kaynes Technology India (NSE:KAYNES) 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.
Kaynes Technology India Net-Net Working Capital Related Terms
Kaynes Technology India Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Kaynes Technology India'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.
Kaynes Technology India Net-Net Working Capital Chart
NSE:KAYNES vs APH, GLW, TEL: Net-Net Working Capital Comparison
For the Electronic Components subindustry, Kaynes Technology 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.
Kaynes Technology India Price-to-Net-Net-Working-Capital vs Hardware Industry
For the Hardware industry and Technology sector, Kaynes Technology India's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Kaynes Technology 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.
Kaynes Technology India (NSE:KAYNES) has a Net-Net Working Capital of ₹ 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 Kaynes Technology India According to the industry distribution chart, Kaynes Technology India ranks #1049 out of 1158 companies in the Hardware industry, placing it in the top 90.6%.
Is Kaynes Technology India's Net-Net Working Capital too high?
Kaynes Technology India's current Net-Net Working Capital is ₹. Based on the distribution chart, Kaynes Technology India ranks #1049 out of 1158 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Kaynes Technology India has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaynes Technology India's Net-Net Working Capital compare to APH and GLW?
According to the Hardware industry distribution chart, Kaynes Technology India ranks #1049 out of 1158 companies for Net-Net Working Capital. This places Kaynes Technology India in the lower half of its industry. The industry median Net-Net Working Capital is 9.21. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.21, based on 1,158 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 Kaynes Technology India For the Hardware industry, the median Net-Net Working Capital is 9.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaynes Technology India's current Net-Net Working Capital is ₹. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaynes Technology India stock overvalued right now?
Based on GuruFocus' analysis, Kaynes Technology India (NSE:KAYNES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹7,525.35, compared to a current price of ₹3,650.00 — trading 51.5% below its estimated fair value. The current Net-Net Working Capital is ₹. Kaynes Technology India's overall GF Score™ is 81/100 with 6 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 Kaynes Technology India (NSE:KAYNES), the current Net-Net Working Capital is ₹ 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 Kaynes Technology India (NSE:KAYNES) Overvalued in 2026?
Based on GuruFocus' analysis, Kaynes Technology India stock appears to be undervalued.
The current stock price of ₹3,650.00 is trading 51.5% below its estimated GF Value™ of ₹7,525.35.
GuruFocus considers Kaynes Technology India to be Possible Value Trap.
Key valuation signals for NSE:KAYNES:
Net-Net Working Capital: ₹
GF Value™: ₹7,525.35 vs. price of ₹3,650.00 (51.5% below fair value)
No single metric tells the full story. See the NSE:KAYNES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaynes Technology India Ltd is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things, Information Technology and other segments. The Company operates predominantly in one business segment which is Electronics Manufacturing Services.
81GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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