Salada Foods Jamaica (XJAM:SALF) Net-Net Working Capital: JMD0.57 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XJAM:SALF Salada Foods Jamaica Ltd XJAM:SALF
91 GF Score
Price JMD2.60
GF Value JMD3.83
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Salada Foods Jamaica Net-Net Working Capital?

Salada Foods Jamaica XJAM:SALF 91 Net-Net Working Capital is JMD0.57 as of Sep. 2025. GuruFocus rates XJAM:SALF with a GF Score™ of 91/100 and a GF Value™ of JMD3.83 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 666 Consumer Packaged Goods companies, Salada Foods Jamaica ranks better than 62.91% 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.

Salada Foods Jamaica's Net-Net Working Capital for the quarter that ended in Sep. 2025 was JMD0.57.

The industry rank for Salada Foods Jamaica's Net-Net Working Capital or its related term are showing as below:

XJAM:SALF's Price-to-Net-Net-Working-Capital is ranked better than
62.91% of 666 companies
in the Consumer Packaged Goods industry
Industry Median: 6.69 vs XJAM:SALF: 4.56

Salada Foods Jamaica  (XJAM:SALF) 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.


Salada Foods Jamaica Net-Net Working Capital Related Terms


Salada Foods Jamaica Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Salada Foods Jamaica'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.

Salada Foods Jamaica Net-Net Working Capital Chart

Salada Foods Jamaica Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.47 0.54 0.57 0.57

Salada Foods Jamaica Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.57 0.63 0.62 0.58 0.57

XJAM:SALF vs KHC, GIS, HRL: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Salada Foods Jamaica'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.


Salada Foods Jamaica Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salada Foods Jamaica's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Salada Foods Jamaica's Price-to-Net-Net-Working-Capital falls into.


XJAM:SALF
91GF Score
Salada Foods Jamaica Ltd XJAM:SALF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salada Foods Jamaica Net-Net Working Capital Calculation

Salada Foods Jamaica's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net-Net Working Capital(A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(542.218+0.75 * 223.434+0.5 * 552.454-396.825
-0-0)/1038.833
=0.57

Salada Foods Jamaica's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2025 is calculated as

Net-Net Working Capital(Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(542.218+0.75 * 223.434+0.5 * 552.454-396.825
-0-0)/1038.833
=0.57

* 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 JMD0.57 mean?
Salada Foods Jamaica (XJAM:SALF) has a Net-Net Working Capital of JMD0.57 as of Sep. 2025. 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 Salada Foods Jamaica According to the industry distribution chart, Salada Foods Jamaica ranks #247 out of 666 companies in the Consumer Packaged Goods industry, placing it in the top 37.1%.
Is Salada Foods Jamaica's Net-Net Working Capital too high?
Salada Foods Jamaica's current Net-Net Working Capital is JMD0.57. Based on the distribution chart, Salada Foods Jamaica ranks #247 out of 666 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Salada Foods Jamaica has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Salada Foods Jamaica's Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Salada Foods Jamaica ranks #247 out of 666 companies for Net-Net Working Capital. This puts Salada Foods Jamaica 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 Salada Foods Jamaica 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. Salada Foods Jamaica's current Net-Net Working Capital is JMD0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salada Foods Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Salada Foods Jamaica (XJAM:SALF) is currently considered Possible Value Trap. The stock's GF Value™ is JMD3.83, compared to a current price of JMD2.60 — trading 32.1% below its estimated fair value. The current Net-Net Working Capital is JMD0.57. Salada Foods Jamaica's overall GF Score™ is 91/100 with 3 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 Salada Foods Jamaica (XJAM:SALF), the current Net-Net Working Capital is JMD0.57 as of Sep. 2025. 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 Salada Foods Jamaica (XJAM:SALF) Overvalued in 2026?

Based on GuruFocus' analysis, Salada Foods Jamaica stock appears to be undervalued. The current stock price of JMD2.60 is trading 32.1% below its estimated GF Value™ of JMD3.83. GuruFocus considers Salada Foods Jamaica to be Possible Value Trap.

Key valuation signals for XJAM:SALF:

  • Net-Net Working Capital: JMD0.57
  • GF Value™: JMD3.83 vs. price of JMD2.60 (32.1% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Salada Foods Jamaica Business Description

Address 20 Bell Road, P.O. Box 71, Kingston, JAM, 11
Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.
91GF Score

Get the complete analysis for XJAM:SALF

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

JMD2.60
Price
JMD3.83
GF Value