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WawelWAR:WWL -0.28%89 Net-Net Working Capital is zł231.08 as of Jun. 2026. GuruFocus rates WAR:WWL with a GF Score™ of 89/100 and a GF Value™ of zł697.92 (Fairly Valued). The stock has 2 warning signs investors should review. Among 646 Consumer Packaged Goods companies, Wawel ranks better than 75.85% 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.
Wawel's Net-Net Working Capital for the quarter that ended in Jun. 2026 was zł231.08.
The industry rank for Wawel's Net-Net Working Capital or its related term are showing as below:
WAR:WWL's Price-to-Net-Net-Working-Capital is ranked better than 75.85% of 646
companies
in the Consumer Packaged Goods industry
Industry Median: 6.975
vs WAR:WWL: 3.12
Wawel (WAR:WWL) 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.
Wawel Net-Net Working Capital Related Terms
Wawel Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Wawel'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.
WAR:WWL vs MDLZ, HSY, TR: Net-Net Working Capital Comparison
For the Confectioners subindustry, Wawel'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.
Wawel Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Wawel's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Wawel'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 zł231.08 mean?
Wawel (WAR:WWL) has a Net-Net Working Capital of zł231.08 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 Wawel According to the industry distribution chart, Wawel ranks #156 out of 646 companies in the Consumer Packaged Goods industry, placing it in the top 24.1%.
Is Wawel's Net-Net Working Capital too high?
Wawel's current Net-Net Working Capital is zł231.08. Based on the distribution chart, Wawel ranks #156 out of 646 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Wawel has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wawel's Net-Net Working Capital compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Wawel ranks #156 out of 646 companies for Net-Net Working Capital. This places Wawel in the top 24% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.98. 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 6.98, based on 646 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 Wawel For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wawel's current Net-Net Working Capital is zł231.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wawel stock overvalued right now?
Based on GuruFocus' analysis, Wawel (WAR:WWL) is currently considered Fairly Valued. The stock's GF Value™ is zł697.92, compared to a current price of zł720.00 — trading 3.2% above its estimated fair value. The current Net-Net Working Capital is zł231.08. Wawel's overall GF Score™ is 89/100 with 2 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 Wawel (WAR:WWL), the current Net-Net Working Capital is zł231.08 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 Wawel (WAR:WWL) Overvalued in 2026?
Based on GuruFocus' analysis, Wawel stock appears to be overvalued.
The current stock price of zł720.00 is trading 3.2% above its estimated GF Value™ of zł697.92.
GuruFocus considers Wawel to be Fairly Valued.
Key valuation signals for WAR:WWL:
Net-Net Working Capital: zł231.08
GF Value™: zł697.92 vs. price of zł720.00 (3.2% above fair value)
No single metric tells the full story. See the WAR:WWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wawel SA manufactures and sells chocolate and other confectionery products under the Wawel brand. The chocolate sales account majorly to the company's total revenue. Its products are filled chocolate, chocolate-coated candies, hard candies, stuffed jellies, candies, milk fudge, tofflairs, mint tablets, filled caramels, and others. The company sells its products to retail and discount chains in Poland. It also exports its products to other countries.
89GF Score
Get the complete analysis for WAR:WWL
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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