PWCDF (Power of Canada) Net-Net Working Capital: $-1,022.44 (As of Mar. 2026)


PWCDF Power Corporation of Canada PWCDF
57 GF Score
Price $64.14
GF Value $45.33
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Power of Canada Net-Net Working Capital?

Power of Canada PWCDF -0.01% 57 Net-Net Working Capital is $-1,022.44 as of Mar. 2026. GuruFocus rates PWCDF with a GF Score™ of 57/100 and a GF Value™ of $45.33 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 58 Insurance companies, Power of Canada ranks worse than 1724136.21% 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.

Power of Canada's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-1,022.44.

The industry rank for Power of Canada's Net-Net Working Capital or its related term are showing as below:

PWCDF's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 8.03
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Power of Canada  (OTCPK:PWCDF) 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.


Power of Canada Net-Net Working Capital Related Terms


Power of Canada Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Power of Canada'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.

Power of Canada Net-Net Working Capital Chart

Power of Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -723.92 -734.66 -813.06 -876.83 -1,002.31

Power of Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -880.36 -940.96 -987.03 -1,002.31 -1,022.44

PWCDF vs AFL, MET, PRU: Net-Net Working Capital Comparison

For the Insurance - Life subindustry, Power of Canada'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.


Power of Canada Price-to-Net-Net-Working-Capital vs Insurance Industry

For the Insurance industry and Financial Services sector, Power of Canada's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Power of Canada's Price-to-Net-Net-Working-Capital falls into.


PWCDF
57GF Score
Power Corporation of Canada PWCDF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power of Canada Net-Net Working Capital Calculation

Power of Canada's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9783.98+10403.769+0.75 * 4775.643+0.5 * 0-638410.294
-7617.978-14944.545)/635.733
=-1,002.31

Power of Canada's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10949.708+10633.382+0.75 * 0+0.5 * 0-645116.618
-7621.72-15120.262)/632.094
=-1,022.44

* 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 $-1,022.44 mean?
Power of Canada (PWCDF) has a Net-Net Working Capital of $-1,022.44 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 Power of Canada According to the industry distribution chart, Power of Canada ranks #999999 out of 58 companies in the Insurance industry.
Is Power of Canada's Net-Net Working Capital too high?
Power of Canada's current Net-Net Working Capital is $-1,022.44. Based on the distribution chart, Power of Canada ranks #999999 out of 58 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Power of Canada has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Power of Canada's Net-Net Working Capital compare to AFL and MET?
According to the Insurance industry distribution chart, Power of Canada ranks #999999 out of 58 companies for Net-Net Working Capital. This places Power of Canada in the lower half of its industry. The industry median Net-Net Working Capital is 8.03. 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 8.03, based on 58 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 Power of Canada For the Insurance industry, the median Net-Net Working Capital is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power of Canada's current Net-Net Working Capital is $-1,022.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power of Canada stock overvalued right now?
Based on GuruFocus' analysis, Power of Canada (PWCDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.33, compared to a current price of $64.14 — trading 41.5% above its estimated fair value. The current Net-Net Working Capital is $-1,022.44. Power of Canada's overall GF Score™ is 57/100 with 8 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 Power of Canada (PWCDF), the current Net-Net Working Capital is $-1,022.44 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 Power of Canada (PWCDF) Overvalued in 2026?

Based on GuruFocus' analysis, Power of Canada stock appears to be overvalued. The current stock price of $64.14 is trading 41.5% above its estimated GF Value™ of $45.33. GuruFocus considers Power of Canada to be Significantly Overvalued.

Key valuation signals for PWCDF:

  • Net-Net Working Capital: $-1,022.44
  • GF Value™: $45.33 vs. price of $64.14 (41.5% above fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the PWCDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Power of Canada Business Description

Address 751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corp. of Canada is a holding company with controlling interests in Great-West Lifeco (one of the big three Canadian life insurers), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert, a holding company with interests in European firms.
57GF Score

Get the complete analysis for PWCDF

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$64.14
Price
$45.33
GF Value