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Wacoal HoldingsWACLF 66 Net-Net Working Capital is $-0.46 as of Jun. 2026. GuruFocus rates WACLF with a GF Score™ of 66/100 and a GF Value™ of $16.82. The stock has 5 warning signs investors should review. Among 371 Manufacturing - Apparel & Accessories companies, Wacoal Holdings ranks worse than 269541.51% 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.
Wacoal Holdings's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $-0.46.
The industry rank for Wacoal Holdings's Net-Net Working Capital or its related term are showing as below:
WACLF's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.22 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Wacoal Holdings (OTCPK:WACLF) 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.
Wacoal Holdings Net-Net Working Capital Related Terms
Wacoal Holdings Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Wacoal Holdings'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.
WACLF vs RL, LEVI, VFC: Net-Net Working Capital Comparison
For the Apparel Manufacturing subindustry, Wacoal Holdings'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.
Wacoal Holdings Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wacoal Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Wacoal Holdings'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 $-0.46 mean?
Wacoal Holdings (WACLF) has a Net-Net Working Capital of $-0.46 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 Wacoal Holdings According to the industry distribution chart, Wacoal Holdings ranks #999999 out of 371 companies in the Manufacturing - Apparel & Accessories industry.
Is Wacoal Holdings' Net-Net Working Capital too high?
Wacoal Holdings' current Net-Net Working Capital is $-0.46. Based on the distribution chart, Wacoal Holdings ranks #999999 out of 371 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Wacoal Holdings has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Wacoal Holdings' Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wacoal Holdings ranks #999999 out of 371 companies for Net-Net Working Capital. This places Wacoal Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 5.22. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.22, based on 371 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 Wacoal Holdings For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wacoal Holdings's current Net-Net Working Capital is $-0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wacoal Holdings stock overvalued right now?
Wacoal Holdings (WACLF) has a current Net-Net Working Capital of $-0.46. The stock's GF Value™ is $16.82, compared to a current price of $15.00 — trading 10.8% below its estimated fair value. The current Net-Net Working Capital is $-0.46. Wacoal Holdings' overall GF Score™ is 66/100 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 Wacoal Holdings (WACLF), the current Net-Net Working Capital is $-0.46 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 Wacoal Holdings (WACLF) Overvalued in 2026?
Based on GuruFocus' analysis, Wacoal Holdings stock appears to be undervalued.
The current stock price of $15.00 is trading 10.8% below its estimated GF Value™ of $16.82.
Key valuation signals for WACLF:
Net-Net Working Capital: $-0.46
GF Value™: $16.82 vs. price of $15.00 (10.8% below fair value)
No single metric tells the full story. See the WACLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wacoal Holdings Corp primarily manufactures and sells women's intimate apparel under the Wacoal brand. Roughly three fourths of its sales are from women's foundation garments and lingerie, which includes brassieres, girdles, slips, and women's briefs. Other innerwear includes nightwear, hosiery, and children's underwear. Remaining sales consist of outerwear and sportswear, textile products, and nonapparel businesses. Wacoal sells most of its apparel wholesale to department stores and other retailers. Less than a fourth of its apparel sales are direct to the customer via its retail stores, catalog sales, and internet orders. The vast majority of Wacoal's sales are in Japan. It also has sales in China, Europe, and the United States.
66GF Score
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