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.
PHS:ECP's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 6.78 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
EasyCall Communications Philippines (PHS:ECP) 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.
EasyCall Communications Philippines Net-Net Working Capital Related Terms
EasyCall Communications Philippines 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.
EasyCall Communications Philippines Net-Net Working Capital Chart
PHS:ECP vs IBM, ACN, FISV: Net-Net Working Capital Comparison
For the Information Technology Services subindustry, EasyCall Communications Philippines'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.
EasyCall Communications Philippines Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, EasyCall Communications Philippines's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where EasyCall Communications Philippines'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 ₱-0.66 mean?
EasyCall Communications Philippines (PHS:ECP) has a Net-Net Working Capital of ₱-0.66 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 EasyCall Communications Philippines According to the industry distribution chart, EasyCall Communications Philippines ranks #999999 out of 1258 companies in the Software industry.
Is EasyCall Communications Philippines' Net-Net Working Capital too high?
EasyCall Communications Philippines' current Net-Net Working Capital is ₱-0.66. Based on the distribution chart, EasyCall Communications Philippines ranks #999999 out of 1258 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, EasyCall Communications Philippines has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EasyCall Communications Philippines' Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, EasyCall Communications Philippines ranks #999999 out of 1258 companies for Net-Net Working Capital. This places EasyCall Communications Philippines in the lower half of its industry. The industry median Net-Net Working Capital is 6.78. 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 Software company?
The median Net-Net Working Capital among Software companies is 6.78, based on 1,258 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 EasyCall Communications Philippines For the Software industry, the median Net-Net Working Capital is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EasyCall Communications Philippines's current Net-Net Working Capital is ₱-0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EasyCall Communications Philippines stock overvalued right now?
Based on GuruFocus' analysis, EasyCall Communications Philippines (PHS:ECP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱2.86, compared to a current price of ₱2.39 — trading 16.4% below its estimated fair value. The current Net-Net Working Capital is ₱-0.66. EasyCall Communications Philippines' overall GF Score™ is 76/100 with 5 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 EasyCall Communications Philippines (PHS:ECP), the current Net-Net Working Capital is ₱-0.66 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.
Is EasyCall Communications Philippines (PHS:ECP) Overvalued in 2026?
Based on GuruFocus' analysis, EasyCall Communications Philippines stock appears to be undervalued.
The current stock price of ₱2.39 is trading 16.4% below its estimated GF Value™ of ₱2.86.
GuruFocus considers EasyCall Communications Philippines to be Modestly Undervalued.
Key valuation signals for PHS:ECP:
Net-Net Working Capital: ₱-0.66
GF Value™: ₱2.86 vs. price of ₱2.39 (16.4% below fair value)
No single metric tells the full story. See the PHS:ECP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EasyCall Communications Philippines Business Description
EasyCall Communications Philippines Inc is engaged in information technology-related businesses, providing Data Analytics, Data Protection & Cybersecurity, Data Connectivity via VSAT, and Cloud-Based Solutions. The Group provides Corporate DSL Resellership, Direct Internet Service, Data Connectivity, Managed Services through VSAT, Technology and Data Services, and Technology, Travel and Lifestyle Services through its investment in TVI. It serves industries including Ship Management, Travel, Banking, Contact Center Operations, Agriculture, and Energy & Power. Its segments are IT services, Rental, and Training services, with the IT services segment generating maximum revenue and comprising managed connectivity and services and technology and data services.
76GF Score
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