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Islamic First FinanceAMM:FFCO 52 Net-Net Working Capital is JOD-1.19 as of Mar. 2026. GuruFocus rates AMM:FFCO with a GF Score™ of 52/100 and a GF Value™ of JOD0.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 76 Credit Services companies, Islamic First Finance ranks worse than 1315788.16% 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.
Islamic First Finance's Net-Net Working Capital for the quarter that ended in Mar. 2026 was JOD-1.19.
The industry rank for Islamic First Finance's Net-Net Working Capital or its related term are showing as below:
AMM:FFCO's Price-to-Net-Net-Working-Capital is not ranked *
in the Credit Services industry.
Industry Median: 6.85 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Islamic First Finance (AMM:FFCO) 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.
Islamic First Finance Net-Net Working Capital Related Terms
Islamic First Finance Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Islamic First Finance'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.
Islamic First Finance Net-Net Working Capital Chart
AMM:FFCO vs V, MA, AXP: Net-Net Working Capital Comparison
For the Credit Services subindustry, Islamic First Finance'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.
Islamic First Finance Price-to-Net-Net-Working-Capital vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Islamic First Finance's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Islamic First Finance'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 JOD-1.19 mean?
Islamic First Finance (AMM:FFCO) has a Net-Net Working Capital of JOD-1.19 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 Islamic First Finance According to the industry distribution chart, Islamic First Finance ranks #999999 out of 76 companies in the Credit Services industry.
Is Islamic First Finance's Net-Net Working Capital too high?
Islamic First Finance's current Net-Net Working Capital is JOD-1.19. Based on the distribution chart, Islamic First Finance ranks #999999 out of 76 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Islamic First Finance has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Islamic First Finance's Net-Net Working Capital compare to V and MA?
According to the Credit Services industry distribution chart, Islamic First Finance ranks #999999 out of 76 companies for Net-Net Working Capital. This places Islamic First Finance in the lower half of its industry. The industry median Net-Net Working Capital is 6.85. 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 Credit Services company?
The median Net-Net Working Capital among Credit Services companies is 6.85, based on 76 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 Islamic First Finance For the Credit Services industry, the median Net-Net Working Capital is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Islamic First Finance's current Net-Net Working Capital is JOD-1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Islamic First Finance stock overvalued right now?
Based on GuruFocus' analysis, Islamic First Finance (AMM:FFCO) is currently considered Modestly Overvalued. The stock's GF Value™ is JOD0.53, compared to a current price of JOD0.62 — trading 17% above its estimated fair value. The current Net-Net Working Capital is JOD-1.19. Islamic First Finance's overall GF Score™ is 52/100 with 4 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 Islamic First Finance (AMM:FFCO), the current Net-Net Working Capital is JOD-1.19 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 Islamic First Finance (AMM:FFCO) Overvalued in 2026?
Based on GuruFocus' analysis, Islamic First Finance stock appears to be overvalued.
The current stock price of JOD0.62 is trading 17% above its estimated GF Value™ of JOD0.53.
GuruFocus considers Islamic First Finance to be Modestly Overvalued.
Key valuation signals for AMM:FFCO:
Net-Net Working Capital: JOD-1.19
GF Value™: JOD0.53 vs. price of JOD0.62 (17% above fair value)
No single metric tells the full story. See the AMM:FFCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Finance Co is engaged in providing finances. The company provides Direct financing for consumer and durable goods, Real estate financing, Corporate project financing, Financing and leasing of transportation vehicles, equipment, and machinery, and other related activities.
52GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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