ASMPT (ASMVF) Net-Net Working Capital: $0.00 (As of Mar. 2026)

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ASMVF ASMPT Ltd ASMVF
67 GF Score
Price $21.00
GF Value $12.38
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ASMPT Net-Net Working Capital?

ASMPT ASMVF 67 Net-Net Working Capital is $0.00 as of Mar. 2026. GuruFocus rates ASMVF with a GF Score™ of 67/100 and a GF Value™ of $12.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 533 Semiconductors companies, ASMPT ranks worse than 71.67% 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.

ASMPT's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.00.

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

ASMVF's Price-to-Net-Net-Working-Capital is ranked worse than
71.67% of 533 companies
in the Semiconductors industry
Industry Median: 11.1 vs ASMVF: 22.11

ASMPT  (OTCPK:ASMVF) 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.


ASMPT Net-Net Working Capital Related Terms


ASMPT Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for ASMPT'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.

ASMPT Net-Net Working Capital Chart

ASMPT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.68 0.75 0.64 0.72

ASMPT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only 0.63 0.00 0.72 0.00 0.91

ASMVF vs AMAT, LRCX, KLAC: Net-Net Working Capital Comparison

For the Semiconductor Equipment & Materials subindustry, ASMPT'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.


ASMPT Price-to-Net-Net-Working-Capital vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASMPT's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


ASMVF
67GF Score
ASMPT Ltd ASMVF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASMPT Net-Net Working Capital Calculation

ASMPT'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)
=(729.439+0.75 * 456.47+0.5 * 809.908-1160.619
-0-13.701)/417.761
=0.72

ASMPT'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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/417.818
=N/A

* 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 $0.00 mean?
ASMPT (ASMVF) has a Net-Net Working Capital of $0.00 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 ASMPT According to the industry distribution chart, ASMPT ranks #382 out of 533 companies in the Semiconductors industry, placing it in the top 71.7%.
Is ASMPT's Net-Net Working Capital too high?
ASMPT's current Net-Net Working Capital is $0.00. Based on the distribution chart, ASMPT ranks #382 out of 533 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASMPT has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASMPT's Net-Net Working Capital compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ASMPT ranks #382 out of 533 companies for Net-Net Working Capital. This places ASMPT in the lower half of its industry. The industry median Net-Net Working Capital is 11.10. 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 11.10, based on 533 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 ASMPT For the Semiconductors industry, the median Net-Net Working Capital is 11.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASMPT's current Net-Net Working Capital is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASMPT stock overvalued right now?
Based on GuruFocus' analysis, ASMPT (ASMVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.38, compared to a current price of $21.00 — trading 69.6% above its estimated fair value. The current Net-Net Working Capital is $0.00. ASMPT's overall GF Score™ is 67/100 with 5 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 ASMPT (ASMVF), the current Net-Net Working Capital is $0.00 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 ASMPT (ASMVF) Overvalued in 2026?

Based on GuruFocus' analysis, ASMPT stock appears to be overvalued. The current stock price of $21.00 is trading 69.6% above its estimated GF Value™ of $12.38. GuruFocus considers ASMPT to be Significantly Overvalued.

Key valuation signals for ASMVF:

  • Net-Net Working Capital: $0.00
  • GF Value™: $12.38 vs. price of $21.00 (69.6% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


ASMPT Business Description

Address 2 Yishun Avenue 7, Singapore, SGP, 768924
ASMPT designs, manufactures, and sells precision equipment used to assemble semiconductors and other electronic equipment. Listed on the Hong Kong Stock Exchange since 1989, ASMPT is headquartered in Hong Kong and has operations in Asia, Europe, and the US. It is the largest supplier globally in both the assembly and packaging equipment market and the surface mounted technology market. Recent growth has been driven by the growing use of advanced packaging in high end memory and logic semiconductors.
67GF Score

Get the complete analysis for ASMVF

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

$21.00
Price
$12.38
GF Value