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Phoslock Environmental TechnologiesASX:PET +20.00% Net-Net Working Capital is A$0.01 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 1,360 Industrial Products companies, Phoslock Environmental Technologies ranks better than 99.19% 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.
ASX:PET's Price-to-Net-Net-Working-Capital is ranked better than 99.19% of 1360
companies
in the Industrial Products industry
Industry Median: 7.95
vs ASX:PET: 0.60
Phoslock Environmental Technologies (ASX:PET) 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.
Phoslock Environmental Technologies Net-Net Working Capital Related Terms
Phoslock Environmental Technologies Net-Net Working Capital Historical Data
* 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.
Phoslock Environmental Technologies Net-Net Working Capital Chart
ASX:PET vs VLTO, ZWS, CECO: Net-Net Working Capital Comparison
For the Pollution & Treatment Controls subindustry, Phoslock Environmental Technologies'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.
Phoslock Environmental Technologies Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Phoslock Environmental Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Phoslock Environmental Technologies'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?
Phoslock Environmental Technologies (ASX:PET) 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 Phoslock Environmental Technologies According to the industry distribution chart, Phoslock Environmental Technologies ranks #11 out of 1360 companies in the Industrial Products industry, placing it in the top 0.8%.
Is Phoslock Environmental Technologies' Net-Net Working Capital too high?
Phoslock Environmental Technologies' current Net-Net Working Capital is A$0.01. Based on the distribution chart, Phoslock Environmental Technologies ranks #11 out of 1360 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Phoslock Environmental Technologies' Net-Net Working Capital compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Phoslock Environmental Technologies ranks #11 out of 1360 companies for Net-Net Working Capital. This places Phoslock Environmental Technologies in the top 1% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.95. 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 Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 7.95, based on 1,360 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 Phoslock Environmental Technologies For the Industrial Products industry, the median Net-Net Working Capital is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoslock Environmental Technologies'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 Phoslock Environmental Technologies stock overvalued right now?
Based on GuruFocus' analysis, Phoslock Environmental Technologies (ASX:PET) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.03, compared to a current price of A$0.01 — trading 80% below 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 Phoslock Environmental Technologies (ASX:PET), 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.
Phoslock Environmental Technologies Business Description
Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company is engaged in providing design, engineering, and project implementation solutions for water-related projects and water treatment products to clean up lakes, rivers, canals, wetlands, and drinking water reservoirs. The geographical segments of the group are Australia/New Zealand, Europe/UK, U.S/Canada/Brazil, and China. The majority of revenue is from U.S/Canada/Brazil geographical area.
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