TGAFF (Taiga Building Products) Net-Net Working Capital: $0.14 (As of Mar. 2026)

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TGAFF Taiga Building Products Ltd TGAFF
73 GF Score
Price $2.65
GF Value $2.47
Valuation Fairly Valued
! 5 Warning Signs
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What is Taiga Building Products Net-Net Working Capital?

Taiga Building Products TGAFF 73 Net-Net Working Capital is $0.14 as of Mar. 2026. GuruFocus rates TGAFF with a GF Score™ of 73/100 and a GF Value™ of $2.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 56 Industrial Distribution companies, Taiga Building Products ranks worse than 73.21% 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.

Taiga Building Products's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.14.

The industry rank for Taiga Building Products's Net-Net Working Capital or its related term are showing as below:

TGAFF's Price-to-Net-Net-Working-Capital is ranked worse than
73.21% of 56 companies
in the Industrial Distribution industry
Industry Median: 7.28 vs TGAFF: 18.93

Taiga Building Products  (OTCPK:TGAFF) 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.


Taiga Building Products Net-Net Working Capital Related Terms


Taiga Building Products Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Taiga Building Products'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.

Taiga Building Products Net-Net Working Capital Chart

Taiga Building Products Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 0.27 0.79 1.04 0.27

Taiga Building Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.90 -0.16 0.07 0.27 0.14

TGAFF vs GWW, FAST, FERG: Net-Net Working Capital Comparison

For the Industrial Distribution subindustry, Taiga Building Products'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.


Taiga Building Products Price-to-Net-Net-Working-Capital vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Taiga Building Products's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Taiga Building Products's Price-to-Net-Net-Working-Capital falls into.


TGAFF
73GF Score
Taiga Building Products Ltd TGAFF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiga Building Products Net-Net Working Capital Calculation

Taiga Building Products'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)
=(51.159+0.75 * 85.95+0.5 * 137.243-154.964
-0-0)/107.945
=0.27

Taiga Building Products's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(49.082+0.75 * 138.182+0.5 * 139.383-207.384
-0-0)/107.945
=0.14

* 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 $0.14 mean?
Taiga Building Products (TGAFF) has a Net-Net Working Capital of $0.14 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 Taiga Building Products According to the industry distribution chart, Taiga Building Products ranks #41 out of 56 companies in the Industrial Distribution industry, placing it in the top 73.2%.
Is Taiga Building Products' Net-Net Working Capital too high?
Taiga Building Products' current Net-Net Working Capital is $0.14. The Industrial Distribution industry median Net-Net Working Capital is 7.28. Taiga Building Products' value of $0.14 is 98.1% below this industry median. Based on the distribution chart, Taiga Building Products ranks #41 out of 56 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Taiga Building Products has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiga Building Products' Net-Net Working Capital compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Taiga Building Products ranks #41 out of 56 companies for Net-Net Working Capital. This places Taiga Building Products in the lower half of its industry. The industry median Net-Net Working Capital is 7.28. Taiga Building Products' value of $0.14 is 98.1% 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 an Industrial Distribution company?
The median Net-Net Working Capital among Industrial Distribution companies is 7.28, based on 56 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. Taiga Building Products's current Net-Net Working Capital of $0.14 is 98.1% 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 Taiga Building Products For the Industrial Distribution industry, the median Net-Net Working Capital is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiga Building Products's current Net-Net Working Capital is $0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiga Building Products stock overvalued right now?
Based on GuruFocus' analysis, Taiga Building Products (TGAFF) is currently considered Fairly Valued. The stock's GF Value™ is $2.47, compared to a current price of $2.65 — trading 7.3% above its estimated fair value. The current Net-Net Working Capital is $0.14 and 98.1% below the Industrial Distribution industry median of 7.28. Taiga Building Products' overall GF Score™ is 73/100 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 Taiga Building Products (TGAFF), the current Net-Net Working Capital is $0.14 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 Taiga Building Products (TGAFF) Overvalued in 2026?

Based on GuruFocus' analysis, Taiga Building Products stock appears to be overvalued. The current stock price of $2.65 is trading 7.3% above its estimated GF Value™ of $2.47. GuruFocus considers Taiga Building Products to be Fairly Valued.

Key valuation signals for TGAFF:

  • Net-Net Working Capital: $0.14
  • GF Value™: $2.47 vs. price of $2.65 (7.3% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 98.1% below the Industrial Distribution median (#41 of 56)

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


Taiga Building Products Business Description

Other Exchanges 4T7:GermanyTBL:Canada
Address 4710 Kingsway, Suite 800, Burnaby, BC, CAN, V5H 4M2
Taiga Building Products Ltd is a Canadian-based company. It is engaged in the production and wholesale distribution of building products. The product range of the company includes composite decking, engineered wood, lumber, mouldings, panels, polyethylene, treated wood, roofing, flooring, and others. The company earns the majority of its revenue from Canada, followed by the United States.
73GF Score

Get the complete analysis for TGAFF

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

$2.65
Price
$2.47
GF Value