Salt Trading (XNEP:STC) Net-Net Working Capital: NPR-1,623.56 (As of Jul. 2025)

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Director of Data and Quant Analytics at GuruFocus
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XNEP:STC Salt Trading Corp XNEP:STC
80 GF Score
Price NPR5,168.00
GF Value NPR3,945.88
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Salt Trading Net-Net Working Capital?

Salt Trading XNEP:STC -0.04% 80 Net-Net Working Capital is NPR-1,623.56 as of Jul. 2025. GuruFocus rates XNEP:STC with a GF Score™ of 80/100 and a GF Value™ of NPR3,945.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 652 Consumer Packaged Goods companies, Salt Trading ranks worse than 153374.08% 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.

Salt Trading's Net-Net Working Capital for the quarter that ended in Jul. 2025 was NPR-1,623.56.

The industry rank for Salt Trading's Net-Net Working Capital or its related term are showing as below:

XNEP:STC's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.99
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Salt Trading  (XNEP:STC) 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.


Salt Trading Net-Net Working Capital Related Terms


Salt Trading Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Salt Trading'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.

Salt Trading Net-Net Working Capital Chart

Salt Trading Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net-Net Working Capital
Get a 7-Day Free Trial -1,125.21 -1,185.26 -1,387.89 -1,463.18 -1,623.56

Salt Trading Semi-Annual Data
Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net-Net Working Capital Get a 7-Day Free Trial -1,125.21 -1,185.26 -1,387.89 -1,463.18 -1,623.56

XNEP:STC vs KHC, GIS, MKC: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Salt Trading'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.


Salt Trading Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Salt Trading's Price-to-Net-Net-Working-Capital falls into.


XNEP:STC
80GF Score
Salt Trading Corp XNEP:STC
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salt Trading Net-Net Working Capital Calculation

Salt Trading's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2025 is calculated as

Net-Net Working Capital(A: Jul. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3282.083+0.75 * 945.077+0.5 * 4284.339-11834.995
-0-0)/3.512
=-1,623.56

Salt Trading's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2025 is calculated as

Net-Net Working Capital(Q: Jul. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3282.083+0.75 * 945.077+0.5 * 4284.339-11834.995
-0-0)/3.512
=-1,623.56

* 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 NPR-1,623.56 mean?
Salt Trading (XNEP:STC) has a Net-Net Working Capital of NPR-1,623.56 as of Jul. 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 Salt Trading According to the industry distribution chart, Salt Trading ranks #999999 out of 652 companies in the Consumer Packaged Goods industry.
Is Salt Trading's Net-Net Working Capital too high?
Salt Trading's current Net-Net Working Capital is NPR-1,623.56. Based on the distribution chart, Salt Trading ranks #999999 out of 652 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Salt Trading has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salt Trading's Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Salt Trading ranks #999999 out of 652 companies for Net-Net Working Capital. This places Salt Trading in the lower half of its industry. The industry median Net-Net Working Capital is 6.99. 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 6.99, based on 652 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 Salt Trading For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salt Trading's current Net-Net Working Capital is NPR-1,623.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salt Trading stock overvalued right now?
Based on GuruFocus' analysis, Salt Trading (XNEP:STC) is currently considered Significantly Overvalued. The stock's GF Value™ is NPR3,945.88, compared to a current price of NPR5,168.00 — trading 31% above its estimated fair value. The current Net-Net Working Capital is NPR-1,623.56. Salt Trading's overall GF Score™ is 80/100 with 8 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 Salt Trading (XNEP:STC), the current Net-Net Working Capital is NPR-1,623.56 as of Jul. 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 Salt Trading (XNEP:STC) Overvalued in 2026?

Based on GuruFocus' analysis, Salt Trading stock appears to be overvalued. The current stock price of NPR5,168.00 is trading 31% above its estimated GF Value™ of NPR3,945.88. GuruFocus considers Salt Trading to be Significantly Overvalued.

Key valuation signals for XNEP:STC:

  • Net-Net Working Capital: NPR-1,623.56
  • GF Value™: NPR3,945.88 vs. price of NPR5,168.00 (31% above fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Salt Trading Business Description

Address Kalimati, P.O.Box: 483, Kathmandu, NPL
Salt Trading Corp operates as the sole supplier of salt within Nepal. Its key business segments include: i) Salt Sales: Free flow salt, washed salt, Phoda salt, ii) Fertilizer Sales: Subsidised-Diammonium Phosphate, Urea, Potash, iii) Gas: STC Gas, and iv)Others: Sugar, seed, wheat, Cement, Iron steel, Rice, Flour, Gas, Ghee Oil, Paper, Kitchen appliances and Others. The majority of revenue is derived from the Salt segment.
80GF Score

Get the complete analysis for XNEP:STC

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

NPR5,168.00
Price
NPR3,945.88
GF Value