ASAGF (Australian Agricultural Co) Net-Net Working Capital: $-1.11 (As of Mar. 2026)

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ASAGF Australian Agricultural Co Ltd ASAGF
75 GF Score
Price $0.94
GF Value $1.20
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Australian Agricultural Co Net-Net Working Capital?

Australian Agricultural Co ASAGF 75 Net-Net Working Capital is $-1.11 as of Mar. 2026. GuruFocus rates ASAGF with a GF Score™ of 75/100 and a GF Value™ of $1.20 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 663 Consumer Packaged Goods companies, Australian Agricultural Co ranks worse than 150829.41% 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.

Australian Agricultural Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-1.11.

The industry rank for Australian Agricultural Co's Net-Net Working Capital or its related term are showing as below:

ASAGF's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Australian Agricultural Co  (OTCPK:ASAGF) 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.


Australian Agricultural Co Net-Net Working Capital Related Terms


Australian Agricultural Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Australian Agricultural Co'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.

Australian Agricultural Co Net-Net Working Capital Chart

Australian Agricultural Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -0.88 -0.88 -0.89 -1.11

Australian Agricultural Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -0.88 -0.74 -0.89 -0.78 -1.11

ASAGF vs ADM, BG, TSN: Net-Net Working Capital Comparison

For the Farm Products subindustry, Australian Agricultural Co'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.


Australian Agricultural Co Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Australian Agricultural Co's Price-to-Net-Net-Working-Capital falls into.


ASAGF
75GF Score
Australian Agricultural Co Ltd ASAGF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Australian Agricultural Co Net-Net Working Capital Calculation

Australian Agricultural Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.44+0.75 * 8.688+0.5 * 26.375-693.565
-0-0)/602.767
=-1.11

Australian Agricultural Co'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)
=(6.44+0.75 * 8.688+0.5 * 26.375-693.565
-0-0)/602.767
=-1.11

* 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 $-1.11 mean?
Australian Agricultural Co (ASAGF) has a Net-Net Working Capital of $-1.11 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 Australian Agricultural Co According to the industry distribution chart, Australian Agricultural Co ranks #999999 out of 663 companies in the Consumer Packaged Goods industry.
Is Australian Agricultural Co's Net-Net Working Capital too high?
Australian Agricultural Co's current Net-Net Working Capital is $-1.11. Based on the distribution chart, Australian Agricultural Co ranks #999999 out of 663 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Australian Agricultural Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Australian Agricultural Co's Net-Net Working Capital compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Australian Agricultural Co ranks #999999 out of 663 companies for Net-Net Working Capital. This places Australian Agricultural Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.50. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.50, based on 663 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 Australian Agricultural Co For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Agricultural Co's current Net-Net Working Capital is $-1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Agricultural Co stock overvalued right now?
Based on GuruFocus' analysis, Australian Agricultural Co (ASAGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.20, compared to a current price of $0.94 — trading 22% below its estimated fair value. The current Net-Net Working Capital is $-1.11. Australian Agricultural Co's overall GF Score™ is 75/100 with 7 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 Australian Agricultural Co (ASAGF), the current Net-Net Working Capital is $-1.11 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 Australian Agricultural Co (ASAGF) Overvalued in 2026?

Based on GuruFocus' analysis, Australian Agricultural Co stock appears to be undervalued. The current stock price of $0.94 is trading 22% below its estimated GF Value™ of $1.20. GuruFocus considers Australian Agricultural Co to be Modestly Undervalued.

Key valuation signals for ASAGF:

  • Net-Net Working Capital: $-1.11
  • GF Value™: $1.20 vs. price of $0.94 (22% below fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Australian Agricultural Co Business Description

Address 76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006
Australian Agricultural Co Ltd is Australia's integrated cattle and beef producer. The company operates owned cattle stations, leased stations, owned feedlots, owned farms and leased farm, located throughout Queensland and the Northern Territory. Its brands are Westholme, 1824, and Darling Downs. It derives revenue through the production and sale of cattle and branded beef products across domestic and international markets. Geographically, it operates in South Korea, USA, China, Australia, Canada, and Others with majority of revenue deriving from cattle sales in Australia.
75GF 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.

$0.94
Price
$1.20
GF Value