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Tolins TyresNSE:TOLINS -1.58%47 Net-Net Working Capital is ₹40.77 as of Mar. 2026. GuruFocus rates NSE:TOLINS with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 373 Vehicles & Parts companies, Tolins Tyres ranks better than 82.31% 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.
Tolins Tyres's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹40.77.
The industry rank for Tolins Tyres's Net-Net Working Capital or its related term are showing as below:
NSE:TOLINS's Price-to-Net-Net-Working-Capital is ranked better than 82.31% of 373
companies
in the Vehicles & Parts industry
Industry Median: 7.89
vs NSE:TOLINS: 2.34
Tolins Tyres (NSE:TOLINS) 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.
Tolins Tyres Net-Net Working Capital Related Terms
Tolins Tyres Net-Net Working Capital Historical Data
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The historical data trend for Tolins Tyres'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.
NSE:TOLINS vs ORLY, AZO: Net-Net Working Capital Comparison
For the Auto Parts subindustry, Tolins Tyres'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.
Tolins Tyres Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tolins Tyres's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Tolins Tyres'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 ₹40.77 mean?
Tolins Tyres (NSE:TOLINS) has a Net-Net Working Capital of ₹40.77 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 Tolins Tyres According to the industry distribution chart, Tolins Tyres ranks #66 out of 373 companies in the Vehicles & Parts industry, placing it in the top 17.7%.
Is Tolins Tyres' Net-Net Working Capital too high?
Tolins Tyres' current Net-Net Working Capital is ₹40.77. Based on the distribution chart, Tolins Tyres ranks #66 out of 373 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tolins Tyres has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Tolins Tyres' Net-Net Working Capital compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tolins Tyres ranks #66 out of 373 companies for Net-Net Working Capital. This places Tolins Tyres in the top 18% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.89. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.89, based on 373 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 Tolins Tyres For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tolins Tyres's current Net-Net Working Capital is ₹40.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tolins Tyres stock overvalued right now?
Tolins Tyres (NSE:TOLINS) has a current Net-Net Working Capital of ₹40.77. The current Net-Net Working Capital is ₹40.77. Tolins Tyres' overall GF Score™ is 47/100 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 Tolins Tyres (NSE:TOLINS), the current Net-Net Working Capital is ₹40.77 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.
Tolins Tyres Ltd is one of the companies that are present in both verticals, namely the manufacturing of new tyres and tread rubber. The company is engaged in the manufacturing of bias tyres for a comprehensive array of vehicles (including light commercial, agricultural and two/three-wheeler vehicles) and precured tread rubber and is also involved in the manufacturing of ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.
47GF Score
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