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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.
ROCO:4589's Price-to-Net-Net-Working-Capital is ranked worse than 58.18% of 1320
companies
in the Industrial Products industry
Industry Median: 8.42
vs ROCO:4589: 11.00
Motion Technology Electric & Machinery Co (ROCO:4589) 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.
Motion Technology Electric & Machinery Co Net-Net Working Capital Related Terms
Motion Technology Electric & Machinery Co 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.
Motion Technology Electric & Machinery Co Net-Net Working Capital Chart
Motion Technology Electric & Machinery Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Net-Net Working Capital
-2.66
-0.89
0.40
0.12
1.67
Motion Technology Electric & Machinery Co Semi-Annual Data
ROCO:4589 vs VRT, BE: Net-Net Working Capital Comparison
For the Electrical Equipment & Parts subindustry, Motion Technology Electric & Machinery 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.
Motion Technology Electric & Machinery Co Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Motion Technology Electric & Machinery Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Motion Technology Electric & Machinery 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$3.09 mean?
Motion Technology Electric & Machinery Co (ROCO:4589) has a Net-Net Working Capital of NT$3.09 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 Motion Technology Electric & Machinery Co According to the industry distribution chart, Motion Technology Electric & Machinery Co ranks #768 out of 1320 companies in the Industrial Products industry, placing it in the top 58.2%.
Is Motion Technology Electric & Machinery Co's Net-Net Working Capital too high?
Motion Technology Electric & Machinery Co's current Net-Net Working Capital is NT$3.09. Based on the distribution chart, Motion Technology Electric & Machinery Co ranks #768 out of 1320 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Motion Technology Electric & Machinery Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Motion Technology Electric & Machinery Co's Net-Net Working Capital compare to VRT and BE?
According to the Industrial Products industry distribution chart, Motion Technology Electric & Machinery Co ranks #768 out of 1320 companies for Net-Net Working Capital. This places Motion Technology Electric & Machinery Co in the lower half of its industry. The industry median Net-Net Working Capital is 8.42. 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 8.42, based on 1,320 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 Motion Technology Electric & Machinery Co For the Industrial Products industry, the median Net-Net Working Capital is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motion Technology Electric & Machinery Co's current Net-Net Working Capital is NT$3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motion Technology Electric & Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Motion Technology Electric & Machinery Co (ROCO:4589) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.00, compared to a current price of NT$34.00 — trading 5.6% below its estimated fair value. The current Net-Net Working Capital is NT$3.09. Motion Technology Electric & Machinery Co's overall GF Score™ is 48/100 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 Motion Technology Electric & Machinery Co (ROCO:4589), the current Net-Net Working Capital is NT$3.09 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 Motion Technology Electric & Machinery Co (ROCO:4589) Overvalued in 2026?
Based on GuruFocus' analysis, Motion Technology Electric & Machinery Co stock appears to be undervalued.
The current stock price of NT$34.00 is trading 5.6% below its estimated GF Value™ of NT$36.00.
GuruFocus considers Motion Technology Electric & Machinery Co to be Fairly Valued.
Key valuation signals for ROCO:4589:
Net-Net Working Capital: NT$3.09
GF Value™: NT$36.00 vs. price of NT$34.00 (5.6% below fair value)
No single metric tells the full story. See the ROCO:4589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Motion Technology Electric & Machinery Co Ltd engages in the design and production of high-precision motors for use in medical appliances, electric wheelchairs, mobility scooters, elevators, and transmission systems. Its products include brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, and reluctance motor control. Geographically, the company generates the majority of its revenue from Asia, followed by Taiwan.
48GF Score
Get the complete analysis for ROCO:4589
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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