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Apollo SilverAPGOF -3.16%32 Net-Net Working Capital is $0.67 as of Feb. 2026. GuruFocus rates APGOF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 1,134 Metals & Mining companies, Apollo Silver ranks better than 81.13% 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.
Apollo Silver's Net-Net Working Capital for the quarter that ended in Feb. 2026 was $0.67.
The industry rank for Apollo Silver's Net-Net Working Capital or its related term are showing as below:
APGOF's Price-to-Net-Net-Working-Capital is ranked better than 81.13% of 1134
companies
in the Metals & Mining industry
Industry Median: 7
vs APGOF: 2.88
Apollo Silver (OTCPK:APGOF) 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.
Apollo Silver Net-Net Working Capital Related Terms
Apollo Silver Net-Net Working Capital Historical Data
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The historical data trend for Apollo Silver'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.
For the Silver subindustry, Apollo Silver'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.
Apollo Silver Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Apollo Silver's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Apollo Silver'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 $0.67 mean?
Apollo Silver (APGOF) has a Net-Net Working Capital of $0.67 as of Feb. 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 Apollo Silver According to the industry distribution chart, Apollo Silver ranks #214 out of 1134 companies in the Metals & Mining industry, placing it in the top 18.9%.
Is Apollo Silver's Net-Net Working Capital too high?
Apollo Silver's current Net-Net Working Capital is $0.67. The Metals & Mining industry median Net-Net Working Capital is 7.00. Apollo Silver's value of $0.67 is 90.4% below this industry median. Based on the distribution chart, Apollo Silver ranks #214 out of 1134 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Apollo Silver has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Apollo Silver's Net-Net Working Capital compare to EXK?
According to the Metals & Mining industry distribution chart, Apollo Silver ranks #214 out of 1134 companies for Net-Net Working Capital. This places Apollo Silver in the top 19% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.00. Apollo Silver's value of $0.67 is 90.4% 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.00, based on 1,134 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. Apollo Silver's current Net-Net Working Capital of $0.67 is 90.4% 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 Apollo Silver For the Metals & Mining industry, the median Net-Net Working Capital is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Silver's current Net-Net Working Capital is $0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Silver stock overvalued right now?
Apollo Silver (APGOF) has a current Net-Net Working Capital of $0.67. The current Net-Net Working Capital is $0.67 and 90.4% below the Metals & Mining industry median of 7.00. Apollo Silver's overall GF Score™ is 32/100 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 Apollo Silver (APGOF), the current Net-Net Working Capital is $0.67 as of Feb. 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.
Apollo Silver Corp is an exploration and development company. The principal business of the Company is the acquisition, exploration, and definition of potentially economically viable mineral resource deposits on mineral properties. The Company, together with its subsidiaries, is a mineral exploration and development group focused on advancing the Calico Silver Project (the Calico Project), its silver exploration and resource development project in the United States, as well as its optioned project in Chihuahua, Mexico, called the Cinco de Mayo Project (Cinco de Mayo). The Calico Project is comprised of the Waterloo property (the Waterloo Property), the Langtry property (the Langtry Property ), and the newly acquired Mule property (the Mule Property) in San Bernardino County, California.
32GF Score
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