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.
The industry rank for Compania Chilena de Fosforos's Net-Net Working Capital or its related term are showing as below:
XSGO:FOSFOROS's Price-to-Net-Net-Working-Capital is not ranked *
in the Forest Products industry.
Industry Median: 4.285 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Compania Chilena de Fosforos (XSGO:FOSFOROS) 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.
Compania Chilena de Fosforos Net-Net Working Capital Related Terms
Compania Chilena de Fosforos Net-Net Working Capital Historical Data
* 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.
Compania Chilena de Fosforos Net-Net Working Capital Chart
XSGO:FOSFOROS vs SSD, UFPI, BCC: Net-Net Working Capital Comparison
For the Lumber & Wood Production subindustry, Compania Chilena de Fosforos'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.
Compania Chilena de Fosforos Price-to-Net-Net-Working-Capital vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Compania Chilena de Fosforos's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Compania Chilena de Fosforos'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 CLP-776.36 mean?
Compania Chilena de Fosforos (XSGO:FOSFOROS) has a Net-Net Working Capital of CLP-776.36 as of Mar. 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 Compania Chilena de Fosforos According to the industry distribution chart, Compania Chilena de Fosforos ranks #999999 out of 72 companies in the Forest Products industry.
Is Compania Chilena de Fosforos' Net-Net Working Capital too high?
Compania Chilena de Fosforos' current Net-Net Working Capital is CLP-776.36. Based on the distribution chart, Compania Chilena de Fosforos ranks #999999 out of 72 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Compania Chilena de Fosforos has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Compania Chilena de Fosforos' Net-Net Working Capital compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Compania Chilena de Fosforos ranks #999999 out of 72 companies for Net-Net Working Capital. This places Compania Chilena de Fosforos in the lower half of its industry. The industry median Net-Net Working Capital is 4.29. 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 4.29, based on 72 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 Compania Chilena de Fosforos For the Forest Products industry, the median Net-Net Working Capital is 4.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania Chilena de Fosforos's current Net-Net Working Capital is CLP-776.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania Chilena de Fosforos stock overvalued right now?
Based on GuruFocus' analysis, Compania Chilena de Fosforos (XSGO:FOSFOROS) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP456.65, compared to a current price of CLP379.99 — trading 16.8% below its estimated fair value. The current Net-Net Working Capital is CLP-776.36. Compania Chilena de Fosforos' overall GF Score™ is 57/100 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 Compania Chilena de Fosforos (XSGO:FOSFOROS), the current Net-Net Working Capital is CLP-776.36 as of Mar. 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 Compania Chilena de Fosforos (XSGO:FOSFOROS) Overvalued in 2026?
Based on GuruFocus' analysis, Compania Chilena de Fosforos stock appears to be undervalued.
The current stock price of CLP379.99 is trading 16.8% below its estimated GF Value™ of CLP456.65.
GuruFocus considers Compania Chilena de Fosforos to be Modestly Undervalued.
Key valuation signals for XSGO:FOSFOROS:
Net-Net Working Capital: CLP-776.36
GF Value™: CLP456.65 vs. price of CLP379.99 (16.8% below fair value)
No single metric tells the full story. See the XSGO:FOSFOROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Compania Chilena de Fosforos SA manufactures and trades safety matches and various other microwood products. Its product offerings include splints, matches, ice cream sticks, chopsticks, and paint palettes among others. It is also involved in agriculture, and fruit plantations by producing and marketing fruits such as blueberries, apples, wine grapes, and cherries. The company's operating segments are; Products associated with ignition, Agricultural activity, and Wood products. Maximum revenue is derived from the Products associated with ignition segment which includes the sale of household matches. Geographically, a majority of the firm's revenue is generated through the export of its products to markets like the United States, Peru, Brazil, Fiji, Japan, Europe, China, and others.
57GF Score
Get the complete analysis for XSGO:FOSFOROS
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSGO:FOSFOROS has been successfully added to your 
