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CPH Group AGXSWX:CPHN 60 Net-Net Working Capital is CHF-8.89 as of Jun. 2026. GuruFocus rates XSWX:CPHN with a GF Score™ of 60/100 and a GF Value™ of CHF48.62 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 72 Forest Products companies, CPH Group AG ranks worse than 1388887.5% 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.
CPH Group AG's Net-Net Working Capital for the quarter that ended in Jun. 2026 was CHF-8.89.
The industry rank for CPH Group AG's Net-Net Working Capital or its related term are showing as below:
XSWX:CPHN's Price-to-Net-Net-Working-Capital is not ranked *
in the Forest Products industry.
Industry Median: 4.13 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
CPH Group AG (XSWX:CPHN) 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.
CPH Group AG Net-Net Working Capital Related Terms
CPH Group AG Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for CPH Group AG'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.
XSWX:CPHN vs SLVM: Net-Net Working Capital Comparison
For the Paper & Paper Products subindustry, CPH Group AG'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.
CPH Group AG Price-to-Net-Net-Working-Capital vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, CPH Group AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where CPH Group AG'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 CHF-8.89 mean?
CPH Group AG (XSWX:CPHN) has a Net-Net Working Capital of CHF-8.89 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 CPH Group AG According to the industry distribution chart, CPH Group AG ranks #999999 out of 72 companies in the Forest Products industry.
Is CPH Group AG's Net-Net Working Capital too high?
CPH Group AG's current Net-Net Working Capital is CHF-8.89. Based on the distribution chart, CPH Group AG ranks #999999 out of 72 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, CPH Group AG has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPH Group AG's Net-Net Working Capital compare to SLVM?
According to the Forest Products industry distribution chart, CPH Group AG ranks #999999 out of 72 companies for Net-Net Working Capital. This places CPH Group AG in the lower half of its industry. The industry median Net-Net Working Capital is 4.13. 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 4.13, 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 CPH Group AG For the Forest Products industry, the median Net-Net Working Capital is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPH Group AG's current Net-Net Working Capital is CHF-8.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPH Group AG stock overvalued right now?
Based on GuruFocus' analysis, CPH Group AG (XSWX:CPHN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF48.62, compared to a current price of CHF58.20 — trading 19.7% above its estimated fair value. The current Net-Net Working Capital is CHF-8.89. CPH Group AG's overall GF Score™ is 60/100 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 CPH Group AG (XSWX:CPHN), the current Net-Net Working Capital is CHF-8.89 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 CPH Group AG (XSWX:CPHN) Overvalued in 2026?
Based on GuruFocus' analysis, CPH Group AG stock appears to be overvalued.
The current stock price of CHF58.20 is trading 19.7% above its estimated GF Value™ of CHF48.62.
GuruFocus considers CPH Group AG to be Modestly Overvalued.
Key valuation signals for XSWX:CPHN:
Net-Net Working Capital: CHF-8.89
GF Value™: CHF48.62 vs. price of CHF58.20 (19.7% above fair value)
No single metric tells the full story. See the XSWX:CPHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPH Group AG manufactures chemicals, paper, and pharmaceutical packaging films. The business activity of the group is broken down into two divisions, namely Zeochem (chemistry) and Perlen Packaging (packaging). The Zeochem develops, manufactures and supplies a wide range of first-class products in growth markets. These include high-quality molecular sieves for purifying natural gas and ethanol as well as lithium-based oxygen concentration for industrial and medical purposes. Perlen Packaging is the supplier of packaging materials that focuses exclusively on the pharmaceutical industry offering a comprehensive range of pharmaceutical packaging, e.g. films with optimal barrier effect and complementary primary packaging for medications such as vials and containers.
60GF Score
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