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Sanitar CoTPE:1817 +0.13%82 Net-Net Working Capital is NT$10.11 as of Mar. 2026. GuruFocus rates TPE:1817 with a GF Score™ of 82/100 and a GF Value™ of NT$38.63 (Fairly Valued). The stock has 1 warning sign investors should review. Among 666 Consumer Packaged Goods companies, Sanitar Co ranks better than 69.67% 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.
Sanitar Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was NT$10.11.
The industry rank for Sanitar Co's Net-Net Working Capital or its related term are showing as below:
TPE:1817's Price-to-Net-Net-Working-Capital is ranked better than 69.67% of 666
companies
in the Consumer Packaged Goods industry
Industry Median: 6.69
vs TPE:1817: 3.79
Sanitar Co (TPE:1817) 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.
Sanitar Co Net-Net Working Capital Related Terms
Sanitar Co Net-Net Working Capital Historical Data
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The historical data trend for Sanitar 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.
TPE:1817 vs PG, CL, KVUE: Net-Net Working Capital Comparison
For the Household & Personal Products subindustry, Sanitar 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.
Sanitar Co Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanitar Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Sanitar 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$10.11 mean?
Sanitar Co (TPE:1817) has a Net-Net Working Capital of NT$10.11 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 Sanitar Co According to the industry distribution chart, Sanitar Co ranks #202 out of 666 companies in the Consumer Packaged Goods industry, placing it in the top 30.3%.
Is Sanitar Co's Net-Net Working Capital too high?
Sanitar Co's current Net-Net Working Capital is NT$10.11. Based on the distribution chart, Sanitar Co ranks #202 out of 666 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sanitar Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanitar Co's Net-Net Working Capital compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Sanitar Co ranks #202 out of 666 companies for Net-Net Working Capital. This puts Sanitar Co in the upper half of its industry. The industry median Net-Net Working Capital is 6.69. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.69, based on 666 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 Sanitar Co For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanitar Co's current Net-Net Working Capital is NT$10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanitar Co stock overvalued right now?
Based on GuruFocus' analysis, Sanitar Co (TPE:1817) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.63, compared to a current price of NT$38.30 — trading 0.9% below its estimated fair value. The current Net-Net Working Capital is NT$10.11. Sanitar Co's overall GF Score™ is 82/100 with 1 warning sign 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 Sanitar Co (TPE:1817), the current Net-Net Working Capital is NT$10.11 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 Sanitar Co (TPE:1817) Overvalued in 2026?
Based on GuruFocus' analysis, Sanitar Co stock appears to be undervalued.
The current stock price of NT$38.30 is trading 0.9% below its estimated GF Value™ of NT$38.63.
GuruFocus considers Sanitar Co to be Fairly Valued.
Key valuation signals for TPE:1817:
Net-Net Working Capital: NT$10.11
GF Value™: NT$38.63 vs. price of NT$38.30 (0.9% below fair value)
No single metric tells the full story. See the TPE:1817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanitar Co Ltd is engaged in the design, manufacturing, and sale of sanitary porcelain and water outlet products. Its product portfolio includes toilet goods, lavatories, washbasins, faucets, bathtubs, and related accessories. The group operates through two reportable segments: the Taiwan sanitary porcelain segment and the Vietnam sanitary porcelain segment. Both segments are involved in manufacturing and trading sanitary porcelain and water outlet products, and are managed separately due to their distinct business strategies. The company derives the majority of its revenue from Taiwan.
82GF 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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