ACCL (Acco Group Holdings) Net-Net Working Capital: $0.34 (As of Dec. 2025)

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ACCL Acco Group Holdings Ltd ACCL
24 GF Score
Price $1.93
! 1 Warning Sign
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What is Acco Group Holdings Net-Net Working Capital?

Acco Group Holdings ACCL +2.66% 24 Net-Net Working Capital is $0.34 as of Dec. 2025. GuruFocus rates ACCL with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 444 Business Services companies, Acco Group Holdings ranks worse than 50.9% 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.

Acco Group Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.34.

The industry rank for Acco Group Holdings's Net-Net Working Capital or its related term are showing as below:

ACCL's Price-to-Net-Net-Working-Capital is ranked worse than
50.9% of 444 companies
in the Business Services industry
Industry Median: 5.585 vs ACCL: 5.68

Acco Group Holdings  (NAS:ACCL) 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.


Acco Group Holdings Net-Net Working Capital Related Terms


Acco Group Holdings Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Acco Group Holdings'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.

Acco Group Holdings Net-Net Working Capital Chart

Acco Group Holdings Annual Data
Trend Jun23 Jun24 Jun25
Net-Net Working Capital
-0.03 -0.01 0.07

Acco Group Holdings Semi-Annual Data
Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial 0.00 -0.01 0.05 0.07 0.34

ACCL vs FOFO, DGNX, VCIG: Net-Net Working Capital Comparison

For the Consulting Services subindustry, Acco Group Holdings'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.


Acco Group Holdings Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, Acco Group Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Acco Group Holdings's Price-to-Net-Net-Working-Capital falls into.


ACCL
24GF Score
Acco Group Holdings Ltd ACCL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Acco Group Holdings Net-Net Working Capital Calculation

Acco Group Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.45+0.75 * 0.305+0.5 * 0-1.723
-0-0)/13.900
=0.07

Acco Group Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.325+0.75 * 0.306+0.5 * 0-1.864
-0-0)/13.950
=0.34

* 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 $0.34 mean?
Acco Group Holdings (ACCL) has a Net-Net Working Capital of $0.34 as of Dec. 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 Acco Group Holdings According to the industry distribution chart, Acco Group Holdings ranks #226 out of 444 companies in the Business Services industry, placing it in the top 50.9%.
Is Acco Group Holdings' Net-Net Working Capital too high?
Acco Group Holdings' current Net-Net Working Capital is $0.34. The Business Services industry median Net-Net Working Capital is 5.59. Acco Group Holdings' value of $0.34 is 93.9% below this industry median. Based on the distribution chart, Acco Group Holdings ranks #226 out of 444 companies in the Business Services industry, which is below the industry midpoint. Overall, Acco Group Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Acco Group Holdings' Net-Net Working Capital compare to FOFO and DGNX?
According to the Business Services industry distribution chart, Acco Group Holdings ranks #226 out of 444 companies for Net-Net Working Capital. This places Acco Group Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 5.59. Acco Group Holdings' value of $0.34 is 93.9% below this benchmark. 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.59, based on 444 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. Acco Group Holdings's current Net-Net Working Capital of $0.34 is 93.9% below the industry median. 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 Acco Group Holdings For the Business Services industry, the median Net-Net Working Capital is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acco Group Holdings's current Net-Net Working Capital is $0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acco Group Holdings stock overvalued right now?
Acco Group Holdings (ACCL) has a current Net-Net Working Capital of $0.34. The current Net-Net Working Capital is $0.34 and 93.9% below the Business Services industry median of 5.59. Acco Group Holdings' overall GF Score™ is 24/100 with 1 warning sign 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 Acco Group Holdings (ACCL), the current Net-Net Working Capital is $0.34 as of Dec. 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.

Acco Group Holdings Business Description

Address 181 Queen’s Road Central, Unit 2406, 24th Floor Low Block, Grand Millennium Plaza, Hong Kong, HKG
Acco Group Holdings Ltd is a holding company. Through its Operating Subsidiaries, it is a multi-disciplinary, IT-driven corporate service provider with a presence in Hong Kong and Singapore. Under the Accolade brand, it specializes in offering corporate secretarial services and accounting services in Hong Kong, as well as intellectual properties (IP) registration services in Singapore. Leveraging developed IT solutions, It provides comprehensive, reliable and professional support to its clients, enabling them to focus on their core business activities while it manages and handles their corporate compliance needs. Its clientele ranges from individual clients, small and medium-sized enterprises to multinational corporations, reflecting its ability to cater to diverse business needs.
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$1.93
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