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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.
Value Valves Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was NT$17.51.
The industry rank for Value Valves Co's Net-Net Working Capital or its related term are showing as below:
ROCO:4580's Price-to-Net-Net-Working-Capital is ranked better than 71.18% of 1343
companies
in the Industrial Products industry
Industry Median: 8.13
vs ROCO:4580: 4.49
Value Valves Co (ROCO:4580) 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.
Value Valves Co Net-Net Working Capital Related Terms
Value Valves Co Net-Net Working Capital Historical Data
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The historical data trend for Value Valves 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.
ROCO:4580 vs GEV, ETN, PH: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, Value Valves 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.
Value Valves Co Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Value Valves Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Value Valves 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 NT$17.51 mean?
Value Valves Co (ROCO:4580) has a Net-Net Working Capital of NT$17.51 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 Value Valves Co According to the industry distribution chart, Value Valves Co ranks #387 out of 1343 companies in the Industrial Products industry, placing it in the top 28.8%.
Is Value Valves Co's Net-Net Working Capital too high?
Value Valves Co's current Net-Net Working Capital is NT$17.51. Based on the distribution chart, Value Valves Co ranks #387 out of 1343 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Value Valves Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Value Valves Co's Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Value Valves Co ranks #387 out of 1343 companies for Net-Net Working Capital. This puts Value Valves Co in the upper half of its industry. The industry median Net-Net Working Capital is 8.13. 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 8.13, based on 1,343 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 Value Valves Co For the Industrial Products industry, the median Net-Net Working Capital is 8.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Valves Co's current Net-Net Working Capital is NT$17.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Valves Co stock overvalued right now?
Based on GuruFocus' analysis, Value Valves Co (ROCO:4580) is currently considered Fairly Valued. The stock's GF Value™ is NT$80.00, compared to a current price of NT$78.60 — trading 1.8% below its estimated fair value. The current Net-Net Working Capital is NT$17.51. Value Valves Co's overall GF Score™ is 85/100 with 4 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 Value Valves Co (ROCO:4580), the current Net-Net Working Capital is NT$17.51 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 Value Valves Co (ROCO:4580) Overvalued in 2026?
Based on GuruFocus' analysis, Value Valves Co stock appears to be undervalued.
The current stock price of NT$78.60 is trading 1.8% below its estimated GF Value™ of NT$80.00.
GuruFocus considers Value Valves Co to be Fairly Valued.
Key valuation signals for ROCO:4580:
Net-Net Working Capital: NT$17.51
GF Value™: NT$80.00 vs. price of NT$78.60 (1.8% below fair value)
No single metric tells the full story. See the ROCO:4580 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.
85GF 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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