Graham’s Net Net Working Capital (NNWC) Screen
NCAV = Current Assets – Total Liabilities
NNWC = Cash & Equivalents + (Accounts Receivables x 0.75) + (Inventory x 0.5) – Total Liabilities
Stocks where the NNWC is greater than the market cap. These are companies trading at less than or near liquidation levels. The backtest performance of the screen is defined by the green line on the graph.
| Ticker | Company Name | Last | Avg Vol | Shares | Enterprise Value ($M) | Market Cap ($M) | NCAV ($M) | NNWC Yr0 ($M) | NNWC Yr1 ($M) | Earnings Yield (%) | ROIC (%) | CROIC (%) | BV 5yr Grth(%) | AltmanZ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NWMT | NewMarket Technology, Inc. | $0 | 19580150 | 148.94 | -0.17 | 0.42 | 17.57 | 5.08 | 5.96 | NA | 6.6 | 0.13 | -38.72 | 2.36 |
| NWD | New Dragon Asia Corp. | $0.07 | 675400 | 97.71 | 2.47 | 5.86 | 21.37 | 8.36 | 9.26 | NA | -13.49 | -11.99 | 3.51 | NA |
| TSON | TranS1 Inc. | $2.50 | 58460 | 20.66 | -0.96 | 48.75 | 57.68 | 52.45 | 58.15 | -46.02 | -151.59 | -142.02 | NA | NA |
| CHCG | China 3C Group | $0.27 | 53600 | 54.83 | -11.91 | 15.35 | 49.54 | 37.55 | 39.19 | NA | -2.49 | 10.62 | NA | NA |
| HQS | HQ Sustainable Maritime Indus | $4.30 | 66890 | 14.68 | 27.82 | 65.63 | 91.81 | 74.82 | 73.92 | 19.8 | 11.74 | -37.96 | 25.58 | 7.52 |
| RVBHF | RVB Holdings Ltd | $0.16 | 118450 | 117.97 | -11.02 | 18.75 | 31.64 | 28.4 | NA | NA | 971.56 | -363.85 | 49.33 | 10.8 |