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.
Semirara Mining and Power's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₱2.86.
The industry rank for Semirara Mining and Power's Net-Net Working Capital or its related term are showing as below:
PHS:SCC's Price-to-Net-Net-Working-Capital is ranked worse than 53.85% of 65
companies
in the Other Energy Sources industry
Industry Median: 7.44
vs PHS:SCC: 7.62
Semirara Mining and Power (PHS:SCC) 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.
Semirara Mining and Power Net-Net Working Capital Related Terms
Semirara Mining and Power Net-Net Working Capital Historical Data
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The historical data trend for Semirara Mining and Power'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.
Semirara Mining and Power Net-Net Working Capital Chart
PHS:SCC vs CNR: Net-Net Working Capital Comparison
For the Thermal Coal subindustry, Semirara Mining and Power'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.
Semirara Mining and Power Price-to-Net-Net-Working-Capital vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Semirara Mining and Power's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Semirara Mining and Power'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 ₱2.86 mean?
Semirara Mining and Power (PHS:SCC) has a Net-Net Working Capital of ₱2.86 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 Semirara Mining and Power According to the industry distribution chart, Semirara Mining and Power ranks #35 out of 65 companies in the Other Energy Sources industry, placing it in the top 53.8%.
Is Semirara Mining and Power's Net-Net Working Capital too high?
Semirara Mining and Power's current Net-Net Working Capital is ₱2.86. Based on the distribution chart, Semirara Mining and Power ranks #35 out of 65 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Semirara Mining and Power has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Semirara Mining and Power's Net-Net Working Capital compare to CNR?
According to the Other Energy Sources industry distribution chart, Semirara Mining and Power ranks #35 out of 65 companies for Net-Net Working Capital. This places Semirara Mining and Power in the lower half of its industry. The industry median Net-Net Working Capital is 7.44. 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 Other Energy Sources company?
The median Net-Net Working Capital among Other Energy Sources companies is 7.44, based on 65 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 Semirara Mining and Power For the Other Energy Sources industry, the median Net-Net Working Capital is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Semirara Mining and Power's current Net-Net Working Capital is ₱2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semirara Mining and Power stock overvalued right now?
Based on GuruFocus' analysis, Semirara Mining and Power (PHS:SCC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱25.59, compared to a current price of ₱21.80 — trading 14.8% below its estimated fair value. The current Net-Net Working Capital is ₱2.86. Semirara Mining and Power's overall GF Score™ is 84/100 with 1 warning sign 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 Semirara Mining and Power (PHS:SCC), the current Net-Net Working Capital is ₱2.86 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 Semirara Mining and Power (PHS:SCC) Overvalued in 2026?
Based on GuruFocus' analysis, Semirara Mining and Power stock appears to be undervalued.
The current stock price of ₱21.80 is trading 14.8% below its estimated GF Value™ of ₱25.59.
GuruFocus considers Semirara Mining and Power to be Modestly Undervalued.
Key valuation signals for PHS:SCC:
Net-Net Working Capital: ₱2.86
GF Value™: ₱25.59 vs. price of ₱21.80 (14.8% below fair value)
No single metric tells the full story. See the PHS:SCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Semirara Mining and Power Corporation is a coal producer in the Philippines. Revenue is generated through open-cut mining of thermal coal in Semirara Island, the generation of energy available for sale through bilateral contracts, electricity markets, and trading. The company has integrated both coal mining and power generation and utilizes its coal mines to fuel its power plants. The company owns two coal-fired plants, which are located in Calaca, Batangas, and are designed to run as base-load plants using coal from Semirara Island. The firm generates the majority of its revenue from Export. The firm's segment includes the Power and Mining segment. It generates the majority of its revenue from the Mining segment.
84GF Score
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