Harris Technology GroupASX:HT8 +4.76% Net-Net Working Capital is A$-0.01 as of Dec. 2025. The stock has 2 warning signs investors should review. Among 328 Retail - Cyclical companies, Harris Technology Group ranks worse than 304877.74% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Harris Technology Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$-0.01.
The industry rank for Harris Technology Group's Net-Net Working Capital or its related term are showing as below:
ASX:HT8's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 5.98 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Harris Technology Group (ASX:HT8) 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.
Harris Technology Group Net-Net Working Capital Related Terms
Harris Technology Group Net-Net Working Capital Historical Data
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The historical data trend for Harris Technology Group'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.
Harris Technology Group Net-Net Working Capital Chart
ASX:HT8 vs AMZN, BABA, PDD: Net-Net Working Capital Comparison
For the Internet Retail subindustry, Harris Technology Group'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.
Harris Technology Group Price-to-Net-Net-Working-Capital vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Harris Technology Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Harris Technology Group'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 A$-0.01 mean?
Harris Technology Group (ASX:HT8) has a Net-Net Working Capital of A$-0.01 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 Harris Technology Group According to the industry distribution chart, Harris Technology Group ranks #999999 out of 328 companies in the Retail - Cyclical industry.
Is Harris Technology Group's Net-Net Working Capital too high?
Harris Technology Group's current Net-Net Working Capital is A$-0.01. Based on the distribution chart, Harris Technology Group ranks #999999 out of 328 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers.
How does Harris Technology Group's Net-Net Working Capital compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Harris Technology Group ranks #999999 out of 328 companies for Net-Net Working Capital. This places Harris Technology Group in the lower half of its industry. The industry median Net-Net Working Capital is 5.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Retail - Cyclical company?
The median Net-Net Working Capital among Retail - Cyclical companies is 5.98, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Harris Technology Group For the Retail - Cyclical industry, the median Net-Net Working Capital is 5.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harris Technology Group's current Net-Net Working Capital is A$-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harris Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Harris Technology Group (ASX:HT8) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 120% above its estimated fair value. The current Net-Net Working Capital is A$-0.01. 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 Harris Technology Group (ASX:HT8), the current Net-Net Working Capital is A$-0.01 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.
Harris Technology Group Ltd operates as a technology product distributor and online retailer, serving small and medium businesses in Australia. Its product range includes computers, networking equipment, servers, storage devices, printing supplies, and software licenses. The company generates revenue by selling technology products through its online platforms on various marketplaces. It focuses on online sales without operating physical retail stores and supports products from manufacturers of different countries shipped directly to customers or local inventories. Geographically, it operates in Australia.
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