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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.
Smart Digital Group's Net-Net Working Capital for the quarter that ended in Sep. 2025 was $0.08.
The industry rank for Smart Digital Group's Net-Net Working Capital or its related term are showing as below:
SDM's Price-to-Net-Net-Working-Capital is not ranked
in the Media - Diversified industry.
Industry Median: 4.4
vs SDM: 23.13
Smart Digital Group (NAS:SDM) 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.
Smart Digital Group Net-Net Working Capital Related Terms
Smart Digital Group Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Smart Digital Group'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.
SDM vs WIMI, HFUS, FLNT: Net-Net Working Capital Comparison
For the Advertising Agencies subindustry, Smart Digital Group'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.
Smart Digital Group Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Smart Digital Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Smart Digital Group'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 $0.08 mean?
Smart Digital Group (SDM) has a Net-Net Working Capital of $0.08 as of Sep. 2025. 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 Smart Digital Group
Is Smart Digital Group's Net-Net Working Capital too high?
Smart Digital Group's current Net-Net Working Capital is $0.08. The Media - Diversified industry median Net-Net Working Capital is 4.40. Smart Digital Group's value of $0.08 is 98.2% below this industry median. Overall, Smart Digital Group has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Smart Digital Group's Net-Net Working Capital compare to WIMI and HFUS?
Smart Digital Group's Net-Net Working Capital of $0.08 can be compared against companies in the Media - Diversified industry. The industry median Net-Net Working Capital is 4.40. Smart Digital Group's value of $0.08 is 98.2% below this benchmark. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.40, based on 383 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. Smart Digital Group's current Net-Net Working Capital of $0.08 is 98.2% below the industry median. 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 Smart Digital Group For the Media - Diversified industry, the median Net-Net Working Capital is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Digital Group's current Net-Net Working Capital is $0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Digital Group stock overvalued right now?
Smart Digital Group (SDM) has a current Net-Net Working Capital of $0.08. The current Net-Net Working Capital is $0.08 and 98.2% below the Media - Diversified industry median of 4.40. Smart Digital Group's overall GF Score™ is 26/100 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 Smart Digital Group (SDM), the current Net-Net Working Capital is $0.08 as of Sep. 2025. 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.
Smart Digital Group Ltd is a holding company and operates through subsidiaries. It is engaged in event planning and execution services. The company's services include event planning and execution services, internet media services, software customization and marketing services, and business planning and consulting services. The company generates key revenue from internet media services, which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms, and other related services. It operates in Mainland China, Macau, and Singapore, with maximum revenue coming from Mainland China.
26GF Score
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