Amerigo ResourcesARREF +1.39%72 Net-Net Working Capital is $-0.15 as of Mar. 2026. GuruFocus rates ARREF with a GF Score™ of 72/100 and a GF Value™ of $1.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,116 Metals & Mining companies, Amerigo Resources ranks worse than 89605.65% 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.
Amerigo Resources's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.15.
The industry rank for Amerigo Resources's Net-Net Working Capital or its related term are showing as below:
ARREF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.15 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Amerigo Resources (OTCPK:ARREF) 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.
Amerigo Resources Net-Net Working Capital Related Terms
Amerigo Resources Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Amerigo Resources'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.
ARREF vs SCCO, FCX: Net-Net Working Capital Comparison
For the Copper subindustry, Amerigo Resources'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.
Amerigo Resources Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Amerigo Resources's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Amerigo Resources'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 $-0.15 mean?
Amerigo Resources (ARREF) has a Net-Net Working Capital of $-0.15 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 Amerigo Resources According to the industry distribution chart, Amerigo Resources ranks #999999 out of 1116 companies in the Metals & Mining industry.
Is Amerigo Resources' Net-Net Working Capital too high?
Amerigo Resources' current Net-Net Working Capital is $-0.15. Based on the distribution chart, Amerigo Resources ranks #999999 out of 1116 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Amerigo Resources has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amerigo Resources' Net-Net Working Capital compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Amerigo Resources ranks #999999 out of 1116 companies for Net-Net Working Capital. This places Amerigo Resources in the lower half of its industry. The industry median Net-Net Working Capital is 7.15. 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 7.15, based on 1,116 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 Amerigo Resources For the Metals & Mining industry, the median Net-Net Working Capital is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amerigo Resources's current Net-Net Working Capital is $-0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amerigo Resources stock overvalued right now?
Based on GuruFocus' analysis, Amerigo Resources (ARREF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.50, compared to a current price of $4.39 — trading 192.7% above its estimated fair value. The current Net-Net Working Capital is $-0.15. Amerigo Resources' overall GF Score™ is 72/100 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 Amerigo Resources (ARREF), the current Net-Net Working Capital is $-0.15 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 Amerigo Resources (ARREF) Overvalued in 2026?
Based on GuruFocus' analysis, Amerigo Resources stock appears to be overvalued.
The current stock price of $4.39 is trading 192.7% above its estimated GF Value™ of $1.50.
GuruFocus considers Amerigo Resources to be Significantly Overvalued.
Key valuation signals for ARREF:
Net-Net Working Capital: $-0.15
GF Value™: $1.50 vs. price of $4.39 (192.7% above fair value)
No single metric tells the full story. See the ARREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary. The group operates in one segment, the production of copper concentrates under a tolling agreement with DET, with the production of molybdenum concentrates as a by-product. Geographically, it operates in Chile (where its copper mining assets and operations are based) and Canada.
72GF Score
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