Airtasker (ASX:ART) Net-Net Working Capital: A$-0.09 (As of Dec. 2025)


ASX:ART Airtasker Ltd ASX:ART
29 GF Score
Price A$0.22
GF Value A$0.35
Valuation Possible Value Trap
! 3 Warning Signs
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What is Airtasker Net-Net Working Capital?

Airtasker ASX:ART -4.35% 29 Net-Net Working Capital is A$-0.09 as of Dec. 2025. GuruFocus rates ASX:ART with a GF Score™ of 29/100 and a GF Value™ of A$0.35 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 303 Interactive Media companies, Airtasker ranks worse than 330032.67% 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.

Airtasker's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$-0.09.

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

ASX:ART's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 4.58
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Airtasker  (ASX:ART) 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.


Airtasker Net-Net Working Capital Related Terms


Airtasker Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Airtasker'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.

Airtasker Net-Net Working Capital Chart

Airtasker Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
0.08 0.02 -0.01 0.00 -0.09

Airtasker Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.09 -0.09 -0.09

ASX:ART vs GOOGL, META, SPOT: Net-Net Working Capital Comparison

For the Internet Content & Information subindustry, Airtasker'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.


Airtasker Price-to-Net-Net-Working-Capital vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Airtasker's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


ASX:ART
29GF Score
Airtasker Ltd ASX:ART
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtasker Net-Net Working Capital Calculation

Airtasker's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19.062+0.75 * 0.235+0.5 * 0-68.331
-0--7.498)/454.358
=-0.09

Airtasker's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.068+0.75 * 0.294+0.5 * 0-80.739
-0--11.934)/486.902
=-0.09

* 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 A$-0.09 mean?
Airtasker (ASX:ART) has a Net-Net Working Capital of A$-0.09 as of Dec. 2025. 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 Airtasker According to the industry distribution chart, Airtasker ranks #999999 out of 303 companies in the Interactive Media industry.
Is Airtasker's Net-Net Working Capital too high?
Airtasker's current Net-Net Working Capital is A$-0.09. Based on the distribution chart, Airtasker ranks #999999 out of 303 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Airtasker has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Airtasker's Net-Net Working Capital compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Airtasker ranks #999999 out of 303 companies for Net-Net Working Capital. This places Airtasker in the lower half of its industry. The industry median Net-Net Working Capital is 4.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.58, based on 303 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Airtasker For the Interactive Media industry, the median Net-Net Working Capital is 4.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtasker's current Net-Net Working Capital is A$-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtasker stock overvalued right now?
Based on GuruFocus' analysis, Airtasker (ASX:ART) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.35, compared to a current price of A$0.22 — trading 37.1% below its estimated fair value. The current Net-Net Working Capital is A$-0.09. Airtasker's overall GF Score™ is 29/100 with 3 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 Airtasker (ASX:ART), the current Net-Net Working Capital is A$-0.09 as of Dec. 2025. 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 Airtasker (ASX:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Airtasker stock appears to be undervalued. The current stock price of A$0.22 is trading 37.1% below its estimated GF Value™ of A$0.35. GuruFocus considers Airtasker to be Possible Value Trap.

Key valuation signals for ASX:ART:

  • Net-Net Working Capital: A$-0.09
  • GF Value™: A$0.35 vs. price of A$0.22 (37.1% below fair value)
  • GF Score™: 29/100 with 3 warning signs

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


Airtasker Business Description

Address 24-28 Campbell Street, Level 6, Haymarket, NSW, AUS, 2000
Airtasker Ltd is a community platform that connects people who need to outsource tasks and find local services with those looking to earn money and ready to work. It helps complete home cleaning, handyman jobs, admin work, photography, graphic design, or even website building. The Group operates within two business segments: the 'Established Marketplaces Segment' and the 'New Marketplaces Segment.' The operations of both segments involve online marketplace platforms enabling users to outsource everyday tasks. The company generates the majority of its revenue from the Established Marketplaces Segment and operates in Australia and international markets, with majority of its revenue coming from Australia.
29GF Score

Get the complete analysis for ASX:ART

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

A$0.22
Price
A$0.35
GF Value