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YFYTPE:1907 -1.77%72 Net-Net Working Capital is NT$-27.09 as of Jun. 2026. GuruFocus rates TPE:1907 with a GF Score™ of 72/100 and a GF Value™ of NT$27.48 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 71 Forest Products companies, YFY ranks worse than 1408449.3% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
YFY's Net-Net Working Capital for the quarter that ended in Jun. 2026 was NT$-27.09.
The industry rank for YFY's Net-Net Working Capital or its related term are showing as below:
TPE:1907's Price-to-Net-Net-Working-Capital is not ranked *
in the Forest Products industry.
Industry Median: 3.92 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
YFY (TPE:1907) 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.
YFY Net-Net Working Capital Related Terms
YFY Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for YFY'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.
For the Paper & Paper Products subindustry, YFY'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.
YFY Price-to-Net-Net-Working-Capital vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, YFY's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where YFY'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$-27.09 mean?
YFY (TPE:1907) has a Net-Net Working Capital of NT$-27.09 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 YFY According to the industry distribution chart, YFY ranks #999999 out of 71 companies in the Forest Products industry.
Is YFY's Net-Net Working Capital too high?
YFY's current Net-Net Working Capital is NT$-27.09. Based on the distribution chart, YFY ranks #999999 out of 71 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, YFY has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YFY's Net-Net Working Capital compare to competitors?
According to the Forest Products industry distribution chart, YFY ranks #999999 out of 71 companies for Net-Net Working Capital. This places YFY in the lower half of its industry. The industry median Net-Net Working Capital is 3.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Forest Products company?
The median Net-Net Working Capital among Forest Products companies is 3.92, based on 71 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on YFY For the Forest Products industry, the median Net-Net Working Capital is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YFY's current Net-Net Working Capital is NT$-27.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YFY stock overvalued right now?
Based on GuruFocus' analysis, YFY (TPE:1907) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$27.48, compared to a current price of NT$30.45 — trading 10.8% above its estimated fair value. The current Net-Net Working Capital is NT$-27.09. YFY's overall GF Score™ is 72/100 with 9 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 YFY (TPE:1907), the current Net-Net Working Capital is NT$-27.09 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 YFY (TPE:1907) Overvalued in 2026?
Based on GuruFocus' analysis, YFY stock appears to be overvalued.
The current stock price of NT$30.45 is trading 10.8% above its estimated GF Value™ of NT$27.48.
GuruFocus considers YFY to be Modestly Overvalued.
Key valuation signals for TPE:1907:
Net-Net Working Capital: NT$-27.09
GF Value™: NT$27.48 vs. price of NT$30.45 (10.8% above fair value)
No single metric tells the full story. See the TPE:1907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
YFY Inc is a Taiwan-based investment holding business that operates in Taiwan and China. Its business activities are investments in other companies. The main business segments are Business unit of pulp and fine paper, Business unit of container-board and packaging, Business unit of consumer products, and Other segment. It derives maximum revenue from Business unit of container-board and packaging segment, which includes manufacture and sale of paper for cardboard cases, colored cases and food containers. The Group operates in principal geographical areas: Taiwan; mainland China; and Others, of which it generates maximum revenue from Taiwan.
72GF Score
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