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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.
The industry rank for Turtlemint Fintech Solutions's Net-Net Working Capital or its related term are showing as below:
NSE:TURTLEMINT's Price-to-Net-Net-Working-Capital is ranked worse than 75% of 64
companies
in the Insurance industry
Industry Median: 7.555
vs NSE:TURTLEMINT: 18.39
Turtlemint Fintech Solutions (NSE:TURTLEMINT) 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.
Turtlemint Fintech Solutions Net-Net Working Capital Related Terms
Turtlemint Fintech Solutions 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.
Turtlemint Fintech Solutions Net-Net Working Capital Chart
Turtlemint Fintech Solutions Annual Data
Trend
Mar23
Mar24
Mar25
Net-Net Working Capital
21.62
16.35
7.16
Turtlemint Fintech Solutions Semi-Annual Data
Mar23
Mar24
Mar25
Net-Net Working Capital
21.62
16.35
7.16
NSE:TURTLEMINT vs MRSH, AON, AJG: Net-Net Working Capital Comparison
For the Insurance Brokers subindustry, Turtlemint Fintech Solutions'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.
Turtlemint Fintech Solutions Price-to-Net-Net-Working-Capital vs Insurance Industry
For the Insurance industry and Financial Services sector, Turtlemint Fintech Solutions's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Turtlemint Fintech Solutions'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 ₹7.16 mean?
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a Net-Net Working Capital of ₹7.16 as of Mar. 2025. 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 Turtlemint Fintech Solutions According to the industry distribution chart, Turtlemint Fintech Solutions ranks #48 out of 64 companies in the Insurance industry, placing it in the top 75%.
Is Turtlemint Fintech Solutions' Net-Net Working Capital too high?
Turtlemint Fintech Solutions' current Net-Net Working Capital is ₹7.16. Based on the distribution chart, Turtlemint Fintech Solutions ranks #48 out of 64 companies in the Insurance industry, which is below the industry midpoint. Overall, Turtlemint Fintech Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Turtlemint Fintech Solutions' Net-Net Working Capital compare to MRSH and AON?
According to the Insurance industry distribution chart, Turtlemint Fintech Solutions ranks #48 out of 64 companies for Net-Net Working Capital. This places Turtlemint Fintech Solutions in the lower half of its industry. The industry median Net-Net Working Capital is 7.56. 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 Insurance company?
The median Net-Net Working Capital among Insurance companies is 7.56, based on 64 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 Turtlemint Fintech Solutions For the Insurance industry, the median Net-Net Working Capital is 7.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turtlemint Fintech Solutions's current Net-Net Working Capital is ₹7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtlemint Fintech Solutions stock overvalued right now?
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a current Net-Net Working Capital of ₹7.16. The current Net-Net Working Capital is ₹7.16. Turtlemint Fintech Solutions' overall GF Score™ is 12/100 with 3 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 Turtlemint Fintech Solutions (NSE:TURTLEMINT), the current Net-Net Working Capital is ₹7.16 as of Mar. 2025. 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.
Turtlemint Fintech Solutions Ltd is engaged in the business of providing information technology and business support services, advertising and marketing services and distribution of mutual funds. It also provides insurance broking services for retail insurance products such as motor, health, and life insurance. The company owns the TurtlemintPro application, which is used to facilitate the promotion of its services. It derives the majority of its revenue from general insurance companies, arising from the sale of motor insurance products.
12GF Score
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