ACCMF (AAC Clyde Space AB) Net-Net Working Capital: $-3.00 (As of Mar. 2026)

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ACCMF AAC Clyde Space AB ACCMF
60 GF Score
Price $14.75
GF Value $6.26
Valuation Significantly Overvalued
! 6 Warning Signs
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What is AAC Clyde Space AB Net-Net Working Capital?

AAC Clyde Space AB ACCMF 60 Net-Net Working Capital is $-3.00 as of Mar. 2026. GuruFocus rates ACCMF with a GF Score™ of 60/100 and a GF Value™ of $6.26 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 118 Aerospace & Defense companies, AAC Clyde Space AB ranks worse than 847456.78% 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.

AAC Clyde Space AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-3.00.

The industry rank for AAC Clyde Space AB's Net-Net Working Capital or its related term are showing as below:

ACCMF's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 9.43
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

AAC Clyde Space AB  (OTCPK:ACCMF) 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.


AAC Clyde Space AB Net-Net Working Capital Related Terms


AAC Clyde Space AB Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for AAC Clyde Space AB'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.

AAC Clyde Space AB Net-Net Working Capital Chart

AAC Clyde Space AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.12 -3.17 -3.19 -2.82 -1.77

AAC Clyde Space AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.23 -3.85 -2.73 -1.77 -3.00

ACCMF vs SPCX, GE, RTX: Net-Net Working Capital Comparison

For the Aerospace & Defense subindustry, AAC Clyde Space AB'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.


AAC Clyde Space AB Price-to-Net-Net-Working-Capital vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AAC Clyde Space AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where AAC Clyde Space AB's Price-to-Net-Net-Working-Capital falls into.


ACCMF
60GF Score
AAC Clyde Space AB ACCMF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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AAC Clyde Space AB Net-Net Working Capital Calculation

AAC Clyde Space AB's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.241+0.75 * 3.613+0.5 * 2.33-19.882
-0--0.154)/7.106
=-1.77

AAC Clyde Space AB's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.942+0.75 * 17.076+0.5 * 2.246-38.451
-0--0.181)/7.133
=-3.00

* 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 $-3.00 mean?
AAC Clyde Space AB (ACCMF) has a Net-Net Working Capital of $-3.00 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 AAC Clyde Space AB According to the industry distribution chart, AAC Clyde Space AB ranks #999999 out of 118 companies in the Aerospace & Defense industry.
Is AAC Clyde Space AB's Net-Net Working Capital too high?
AAC Clyde Space AB's current Net-Net Working Capital is $-3.00. Based on the distribution chart, AAC Clyde Space AB ranks #999999 out of 118 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, AAC Clyde Space AB has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AAC Clyde Space AB's Net-Net Working Capital compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AAC Clyde Space AB ranks #999999 out of 118 companies for Net-Net Working Capital. This places AAC Clyde Space AB in the lower half of its industry. The industry median Net-Net Working Capital is 9.43. 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 an Aerospace & Defense company?
The median Net-Net Working Capital among Aerospace & Defense companies is 9.43, based on 118 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 AAC Clyde Space AB For the Aerospace & Defense industry, the median Net-Net Working Capital is 9.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AAC Clyde Space AB's current Net-Net Working Capital is $-3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAC Clyde Space AB stock overvalued right now?
Based on GuruFocus' analysis, AAC Clyde Space AB (ACCMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.26, compared to a current price of $14.75 — trading 135.6% above its estimated fair value. The current Net-Net Working Capital is $-3.00. AAC Clyde Space AB's overall GF Score™ is 60/100 with 6 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 AAC Clyde Space AB (ACCMF), the current Net-Net Working Capital is $-3.00 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 AAC Clyde Space AB (ACCMF) Overvalued in 2026?

Based on GuruFocus' analysis, AAC Clyde Space AB stock appears to be overvalued. The current stock price of $14.75 is trading 135.6% above its estimated GF Value™ of $6.26. GuruFocus considers AAC Clyde Space AB to be Significantly Overvalued.

Key valuation signals for ACCMF:

  • Net-Net Working Capital: $-3.00
  • GF Value™: $6.26 vs. price of $14.75 (135.6% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


AAC Clyde Space AB Business Description

Address Dag Hammarskjolds vag 48, Uppsala Science Park, Uppsala, SWE, SE-751 83
AAC Clyde Space AB develops, manufactures and sells satellite platforms and subsystems. The company operates in two segments, namely Data & Services, which turns space-based data into information and services that support operational decision-making. As advances in AI make analysis more accessible and cost-efficient, Products & Missions deliver components, integrated systems and complete end-to-end missions to commercial and institutional customers across the space sector. It derives the majority of the revenue from Data & Services segment. Its products and services are used in various industries such as Maritime domain awareness, earth observation, weather and climate, and security and defense. It operates across five countries in Europe, the United States and South Africa.
60GF Score

Get the complete analysis for ACCMF

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

$14.75
Price
$6.26
GF Value