Channel Well Technology Co (ROCO:3078) Net-Net Working Capital: NT$15.22 (As of Jun. 2026)

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ROCO:3078 Channel Well Technology Co Ltd ROCO:3078
85 GF Score
Price NT$44.50
GF Value NT$54.84
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Channel Well Technology Co Net-Net Working Capital?

Channel Well Technology Co ROCO:3078 -0.22% 85 Net-Net Working Capital is NT$15.22 as of Jun. 2026. GuruFocus rates ROCO:3078 with a GF Score™ of 85/100 and a GF Value™ of NT$54.84 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,312 Industrial Products companies, Channel Well Technology Co ranks better than 82.24% 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.

Channel Well Technology Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was NT$15.22.

The industry rank for Channel Well Technology Co's Net-Net Working Capital or its related term are showing as below:

ROCO:3078's Price-to-Net-Net-Working-Capital is ranked better than
82.24% of 1312 companies
in the Industrial Products industry
Industry Median: 8.18 vs ROCO:3078: 2.92

Channel Well Technology Co  (ROCO:3078) 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.


Channel Well Technology Co Net-Net Working Capital Related Terms


Channel Well Technology Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Channel Well Technology 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.

Channel Well Technology Co Net-Net Working Capital Chart

Channel Well Technology Co 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 9.03 10.13 12.47 14.56 17.40

Channel Well Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.57 14.37 17.40 13.99 15.22

ROCO:3078 vs VRT, BE: Net-Net Working Capital Comparison

For the Electrical Equipment & Parts subindustry, Channel Well Technology 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.


Channel Well Technology Co Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Channel Well Technology Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Channel Well Technology Co's Price-to-Net-Net-Working-Capital falls into.


ROCO:3078
85GF Score
Channel Well Technology Co Ltd ROCO:3078
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Channel Well Technology Co Net-Net Working Capital Calculation

Channel Well Technology Co'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4621.306+0.75 * 2251.639+0.5 * 1098.325-2903.533
-0-0)/227.391
=17.40

Channel Well Technology Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5101.678+0.75 * 1958.773+0.5 * 1158.581-3689.674
-0-0)/227.391
=15.22

* 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 NT$15.22 mean?
Channel Well Technology Co (ROCO:3078) has a Net-Net Working Capital of NT$15.22 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 Channel Well Technology Co According to the industry distribution chart, Channel Well Technology Co ranks #233 out of 1312 companies in the Industrial Products industry, placing it in the top 17.8%.
Is Channel Well Technology Co's Net-Net Working Capital too high?
Channel Well Technology Co's current Net-Net Working Capital is NT$15.22. Based on the distribution chart, Channel Well Technology Co ranks #233 out of 1312 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Channel Well Technology Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Channel Well Technology Co's Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, Channel Well Technology Co ranks #233 out of 1312 companies for Net-Net Working Capital. This places Channel Well Technology Co in the top 18% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 8.18. 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 Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.18, based on 1,312 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 Channel Well Technology Co For the Industrial Products industry, the median Net-Net Working Capital is 8.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Channel Well Technology Co's current Net-Net Working Capital is NT$15.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Channel Well Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Channel Well Technology Co (ROCO:3078) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$54.84, compared to a current price of NT$44.50 — trading 18.9% below its estimated fair value. The current Net-Net Working Capital is NT$15.22. Channel Well Technology Co's overall GF Score™ is 85/100 with 2 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 Channel Well Technology Co (ROCO:3078), the current Net-Net Working Capital is NT$15.22 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 Channel Well Technology Co (ROCO:3078) Overvalued in 2026?

Based on GuruFocus' analysis, Channel Well Technology Co stock appears to be undervalued. The current stock price of NT$44.50 is trading 18.9% below its estimated GF Value™ of NT$54.84. GuruFocus considers Channel Well Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:3078:

  • Net-Net Working Capital: NT$15.22
  • GF Value™: NT$54.84 vs. price of NT$44.50 (18.9% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Channel Well Technology Co Business Description

Address No. 208, Xingfu Road, 13th Floor, Taoyuan District, Taoyuan, TWN, 338
Channel Well Technology Co Ltd is engaged in the processing, manufacturing, and trading of power supply and electrical appliances as well as various electronic components. Its products include AI Intelligent Power Supply System, Computer power supply, Industrial power supply, Ethernet power supply, Ethernet Power Supply Module, Open-type power supply, External power supply, Charger / PD Charger, and Wireless charger. The company operates as a single reportable segment engaged in the processing, manufacturing, and trading of power supplies. Geographically, it derives the majority of revenue from the Asia region, followed by America, Europe, Taiwan, and Others.
85GF Score

Get the complete analysis for ROCO:3078

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

NT$44.50
Price
NT$54.84
GF Value