I Synergy Group (ASX:IS3) Net-Net Working Capital: A$-0.02 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:IS3 I Synergy Group Ltd ASX:IS3
33 GF Score
Price A$0.18
GF Value A$0.03
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is I Synergy Group Net-Net Working Capital?

I Synergy Group ASX:IS3 -10.00% 33 Net-Net Working Capital is A$-0.02 as of Dec. 2025. GuruFocus rates ASX:IS3 with a GF Score™ of 33/100 and a GF Value™ of A$0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 382 Media - Diversified companies, I Synergy Group ranks worse than 261779.84% 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.

I Synergy Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$-0.02.

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

ASX:IS3's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.435
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

I Synergy Group  (ASX:IS3) 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.


I Synergy Group Net-Net Working Capital Related Terms


I Synergy Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for I Synergy 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.

I Synergy Group Net-Net Working Capital Chart

I Synergy Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -0.38 -0.25 -0.19 -0.13 -0.02

I Synergy Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.19 -0.13 -0.13 -0.02 -0.02

ASX:IS3 vs APP, OMC, TTD: Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, I Synergy 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.


I Synergy Group Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

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

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


ASX:IS3
33GF Score
I Synergy Group Ltd ASX:IS3
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I Synergy Group Net-Net Working Capital Calculation

I Synergy Group'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)
=(0.546+0.75 * 0+0.5 * 0-1.634
-0-0)/69.427
=-0.02

I Synergy Group'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)
=(0.546+0.75 * 0+0.5 * 0-1.634
-0-0)/69.427
=-0.02

* 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$-0.02 mean?
I Synergy Group (ASX:IS3) has a Net-Net Working Capital of A$-0.02 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 I Synergy Group According to the industry distribution chart, I Synergy Group ranks #999999 out of 382 companies in the Media - Diversified industry.
Is I Synergy Group's Net-Net Working Capital too high?
I Synergy Group's current Net-Net Working Capital is A$-0.02. Based on the distribution chart, I Synergy Group ranks #999999 out of 382 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, I Synergy Group has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does I Synergy Group's Net-Net Working Capital compare to APP and OMC?
According to the Media - Diversified industry distribution chart, I Synergy Group ranks #999999 out of 382 companies for Net-Net Working Capital. This places I Synergy Group in the lower half of its industry. The industry median Net-Net Working Capital is 4.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.44, based on 382 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on I Synergy Group For the Media - Diversified industry, the median Net-Net Working Capital is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I Synergy Group's current Net-Net Working Capital is A$-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I Synergy Group stock overvalued right now?
Based on GuruFocus' analysis, I Synergy Group (ASX:IS3) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.03, compared to a current price of A$0.18 — trading 500% above its estimated fair value. The current Net-Net Working Capital is A$-0.02. I Synergy Group's overall GF Score™ is 33/100 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 I Synergy Group (ASX:IS3), the current Net-Net Working Capital is A$-0.02 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 I Synergy Group (ASX:IS3) Overvalued in 2026?

Based on GuruFocus' analysis, I Synergy Group stock appears to be overvalued. The current stock price of A$0.18 is trading 500% above its estimated GF Value™ of A$0.03. GuruFocus considers I Synergy Group to be Significantly Overvalued.

Key valuation signals for ASX:IS3:

  • Net-Net Working Capital: A$-0.02
  • GF Value™: A$0.03 vs. price of A$0.18 (500% above fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the ASX:IS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I Synergy Group Business Description

Address 24-26 Kent Street, Millers Point, Sydney, NSW, AUS, 2000
I Synergy Group Ltd is an investment holding company. Through its subsidiaries, it provides affiliate marketing solutions to advertisers and affiliates. The company operates Affiliate Junction, an affiliate marketing platform that offers performance-based marketing solutions, as well as access to various affiliate programs. Its geographical segments are Malaysia, Australia, British Virgin Islands, and Indonesia, of which the majority of its revenue comes from Malaysia.
33GF Score

Get the complete analysis for ASX:IS3

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

A$0.18
Price
A$0.03
GF Value