AIRE (ReAlpha Tech) Net-Net Working Capital: $-1.34 (As of Jun. 2026)

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AIRE ReAlpha Tech Corp AIRE
23 GF Score
Price $1.51
GF Value $61.17
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is ReAlpha Tech Net-Net Working Capital?

ReAlpha Tech AIRE +1.34% 23 Net-Net Working Capital is $-1.34 as of Jun. 2026. GuruFocus rates AIRE with a GF Score™ of 23/100 and a GF Value™ of $61.17 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 322 Real Estate companies, ReAlpha Tech ranks worse than 310558.7% 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.

ReAlpha Tech's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $-1.34.

The industry rank for ReAlpha Tech's Net-Net Working Capital or its related term are showing as below:

AIRE's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.665
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

ReAlpha Tech  (NAS:AIRE) 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.


ReAlpha Tech Net-Net Working Capital Related Terms


ReAlpha Tech Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for ReAlpha Tech'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.

ReAlpha Tech Net-Net Working Capital Chart

ReAlpha Tech Annual Data
Trend Apr21 Apr22 Apr23 Dec24 Dec25
Net-Net Working Capital
0.00 -5.91 -3.89 -3.91 -0.45

ReAlpha Tech Quarterly Data
Apr21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -7.59 0.11 -0.45 -0.87 -1.34

AIRE vs GYRO, PETZ, RWAX: Net-Net Working Capital Comparison

For the Real Estate Services subindustry, ReAlpha Tech'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.


ReAlpha Tech Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, ReAlpha Tech's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where ReAlpha Tech's Price-to-Net-Net-Working-Capital falls into.


AIRE
23GF Score
ReAlpha Tech Corp AIRE
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ReAlpha Tech Net-Net Working Capital Calculation

ReAlpha Tech'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)
=(7.784+0.75 * 0.068+0.5 * 0-9.196
-1.02-0.011)/5.270
=-0.45

ReAlpha Tech's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.231+0.75 * 0.165+0.5 * 0-8.457
-1.096-0.011)/5.374
=-1.34

* 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 $-1.34 mean?
ReAlpha Tech (AIRE) has a Net-Net Working Capital of $-1.34 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 ReAlpha Tech According to the industry distribution chart, ReAlpha Tech ranks #999999 out of 322 companies in the Real Estate industry.
Is ReAlpha Tech's Net-Net Working Capital too high?
ReAlpha Tech's current Net-Net Working Capital is $-1.34. Based on the distribution chart, ReAlpha Tech ranks #999999 out of 322 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, ReAlpha Tech has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ReAlpha Tech's Net-Net Working Capital compare to GYRO and PETZ?
According to the Real Estate industry distribution chart, ReAlpha Tech ranks #999999 out of 322 companies for Net-Net Working Capital. This places ReAlpha Tech in the lower half of its industry. The industry median Net-Net Working Capital is 4.67. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.67, based on 322 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 ReAlpha Tech For the Real Estate industry, the median Net-Net Working Capital is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReAlpha Tech's current Net-Net Working Capital is $-1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReAlpha Tech stock overvalued right now?
Based on GuruFocus' analysis, ReAlpha Tech (AIRE) is currently considered Possible Value Trap. The stock's GF Value™ is $61.17, compared to a current price of $1.51 — trading 97.5% below its estimated fair value. The current Net-Net Working Capital is $-1.34. ReAlpha Tech's overall GF Score™ is 23/100 with 3 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 ReAlpha Tech (AIRE), the current Net-Net Working Capital is $-1.34 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 ReAlpha Tech (AIRE) Overvalued in 2026?

Based on GuruFocus' analysis, ReAlpha Tech stock appears to be undervalued. The current stock price of $1.51 is trading 97.5% below its estimated GF Value™ of $61.17. GuruFocus considers ReAlpha Tech to be Possible Value Trap.

Key valuation signals for AIRE:

  • Net-Net Working Capital: $-1.34
  • GF Value™: $61.17 vs. price of $1.51 (97.5% below fair value)
  • GF Score™: 23/100 with 3 warning signs

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


ReAlpha Tech Business Description

Other Exchanges Z4U0:Germany
Address 6515 Longshore Loop, Suite 100, Dublin, OH, USA, 43017
ReAlpha Tech Corp is a real estate technology company. The group is engaged in an end-to-end commission-free homebuying platform. It develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It provides short-term rental investment opportunities to everyday investors. The company has developed technologies and tools that allow for the analysis of short-term rental properties using AI to provide insight into that property's potential profitability and ways to increase such profitability. The company's reportable segments are Homebuying Services and the Technology Services segment.
23GF Score

Get the complete analysis for AIRE

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

$1.51
Price
$61.17
GF Value