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Newton Golf CoNWTG -2.11%39 Net-Net Working Capital is $-1.09 as of Jun. 2026. GuruFocus rates NWTG with a GF Score™ of 39/100 and a GF Value™ of $1.14 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 207 Travel & Leisure companies, Newton Golf Co ranks worse than 483091.3% 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.
Newton Golf Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $-1.09.
The industry rank for Newton Golf Co's Net-Net Working Capital or its related term are showing as below:
NWTG's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.49 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Newton Golf Co (NAS:NWTG) 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.
Newton Golf Co Net-Net Working Capital Related Terms
Newton Golf Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Newton Golf Co'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.
NWTG vs AVNI, BWMG, TRUG: Net-Net Working Capital Comparison
For the Leisure subindustry, Newton Golf Co'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.
Newton Golf Co Price-to-Net-Net-Working-Capital vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Newton Golf Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Newton Golf Co'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 $-1.09 mean?
Newton Golf Co (NWTG) has a Net-Net Working Capital of $-1.09 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 Newton Golf Co According to the industry distribution chart, Newton Golf Co ranks #999999 out of 207 companies in the Travel & Leisure industry.
Is Newton Golf Co's Net-Net Working Capital too high?
Newton Golf Co's current Net-Net Working Capital is $-1.09. Based on the distribution chart, Newton Golf Co ranks #999999 out of 207 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Newton Golf Co has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newton Golf Co's Net-Net Working Capital compare to AVNI and BWMG?
According to the Travel & Leisure industry distribution chart, Newton Golf Co ranks #999999 out of 207 companies for Net-Net Working Capital. This places Newton Golf Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.49. 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 Travel & Leisure company?
The median Net-Net Working Capital among Travel & Leisure companies is 6.49, based on 207 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 Newton Golf Co For the Travel & Leisure industry, the median Net-Net Working Capital is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newton Golf Co's current Net-Net Working Capital is $-1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newton Golf Co stock overvalued right now?
Based on GuruFocus' analysis, Newton Golf Co (NWTG) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.14, compared to a current price of $1.39 — trading 21.9% above its estimated fair value. The current Net-Net Working Capital is $-1.09. Newton Golf Co's overall GF Score™ is 39/100 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 Newton Golf Co (NWTG), the current Net-Net Working Capital is $-1.09 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 Newton Golf Co (NWTG) Overvalued in 2026?
Based on GuruFocus' analysis, Newton Golf Co stock appears to be overvalued.
The current stock price of $1.39 is trading 21.9% above its estimated GF Value™ of $1.14.
GuruFocus considers Newton Golf Co to be Modestly Overvalued.
Key valuation signals for NWTG:
Net-Net Working Capital: $-1.09
GF Value™: $1.14 vs. price of $1.39 (21.9% above fair value)
No single metric tells the full story. See the NWTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newton Golf Co Inc is a technology-forward golf company engaged in designing, manufacturing, and selling performance golf equipment, including premium golf shafts and putters, and focuses on developing technology-driven golf products intended to enhance player performance. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf.
39GF 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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