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Najran Cement CoSAU:3002 61 Net-Net Working Capital is ﷼-1.07 as of Jun. 2026. GuruFocus rates SAU:3002 with a GF Score™ of 61/100 and a GF Value™ of ﷼8.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 101 Building Materials companies, Najran Cement Co ranks worse than 990098.02% 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.
Najran Cement Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was ﷼-1.07.
The industry rank for Najran Cement Co's Net-Net Working Capital or its related term are showing as below:
SAU:3002's Price-to-Net-Net-Working-Capital is not ranked *
in the Building Materials industry.
Industry Median: 7.14 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Najran Cement Co (SAU:3002) 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.
Najran Cement Co Net-Net Working Capital Related Terms
Najran Cement Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Najran Cement 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.
SAU:3002 vs CRH, MLM, VMC: Net-Net Working Capital Comparison
For the Building Materials subindustry, Najran Cement 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.
Najran Cement Co Price-to-Net-Net-Working-Capital vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Najran Cement Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Najran Cement 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 ﷼-1.07 mean?
Najran Cement Co (SAU:3002) has a Net-Net Working Capital of ﷼-1.07 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 Najran Cement Co According to the industry distribution chart, Najran Cement Co ranks #999999 out of 101 companies in the Building Materials industry.
Is Najran Cement Co's Net-Net Working Capital too high?
Najran Cement Co's current Net-Net Working Capital is ﷼-1.07. Based on the distribution chart, Najran Cement Co ranks #999999 out of 101 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Najran Cement Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Najran Cement Co's Net-Net Working Capital compare to CRH and MLM?
According to the Building Materials industry distribution chart, Najran Cement Co ranks #999999 out of 101 companies for Net-Net Working Capital. This places Najran Cement Co in the lower half of its industry. The industry median Net-Net Working Capital is 7.14. 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 a Building Materials company?
The median Net-Net Working Capital among Building Materials companies is 7.14, based on 101 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 Najran Cement Co For the Building Materials industry, the median Net-Net Working Capital is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Najran Cement Co's current Net-Net Working Capital is ﷼-1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Najran Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Najran Cement Co (SAU:3002) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼8.97, compared to a current price of ﷼5.40 — trading 39.8% below its estimated fair value. The current Net-Net Working Capital is ﷼-1.07. Najran Cement Co's overall GF Score™ is 61/100 with 5 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 Najran Cement Co (SAU:3002), the current Net-Net Working Capital is ﷼-1.07 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 Najran Cement Co (SAU:3002) Overvalued in 2026?
Based on GuruFocus' analysis, Najran Cement Co stock appears to be undervalued.
The current stock price of ﷼5.40 is trading 39.8% below its estimated GF Value™ of ﷼8.97.
GuruFocus considers Najran Cement Co to be Possible Value Trap.
Key valuation signals for SAU:3002:
Net-Net Working Capital: ﷼-1.07
GF Value™: ﷼8.97 vs. price of ﷼5.40 (39.8% below fair value)
No single metric tells the full story. See the SAU:3002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Najran Cement Co is a Saudi Arabia-based company engaged in the business of manufacturing ordinary portland cement and cement resistant to salts. Its product portfolio comprises ordinary portland cement, portland sulphate resistant cement, portland pozzolanic cement, Lyasah, and Lyasah plus cement. Additionally, the company offers an integrated electronic service for selling and delivering cement to its business customers (companies and institutions) through the Wasel App. It is engaged in one operating segment, i.e., manufacturing cement. Geographically, Najran Cement generates the majority of its revenue from the local market, and to a lesser extent, also exports its products to other countries.
61GF Score
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