Vmoto (ASX:VMT) Net-Net Working Capital: A$0.04 (As of Dec. 2025)

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ASX:VMT Vmoto Ltd ASX:VMT
37 GF Score
Price A$0.11
GF Value A$0.07
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Vmoto Net-Net Working Capital?

Vmoto ASX:VMT 37 Net-Net Working Capital is A$0.04 as of Dec. 2025. GuruFocus rates ASX:VMT with a GF Score™ of 37/100 and a GF Value™ of A$0.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 383 Vehicles & Parts companies, Vmoto ranks better than 77.81% 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.

Vmoto's Net-Net Working Capital for the quarter that ended in Dec. 2025 was A$0.04.

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

ASX:VMT's Price-to-Net-Net-Working-Capital is ranked better than
77.81% of 383 companies
in the Vehicles & Parts industry
Industry Median: 7.62 vs ASX:VMT: 2.75

Vmoto  (ASX:VMT) 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.


Vmoto Net-Net Working Capital Related Terms


Vmoto Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Vmoto'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.

Vmoto Net-Net Working Capital Chart

Vmoto 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 0.04 0.06 0.11 0.06 0.04

Vmoto Semi-Annual Data
Jun16 Dec16 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 Premium Member Only Premium Member Only 0.11 0.08 0.06 0.06 0.04

ASX:VMT vs BC, PII, THO: Net-Net Working Capital Comparison

For the Recreational Vehicles subindustry, Vmoto'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.


Vmoto Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vmoto's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


ASX:VMT
37GF Score
Vmoto Ltd ASX:VMT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vmoto Net-Net Working Capital Calculation

Vmoto'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)
=(32.406+0.75 * 7.933+0.5 * 23.425-34.148
-0-0)/394.179
=0.04

Vmoto'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)
=(32.406+0.75 * 7.933+0.5 * 23.425-34.148
-0-0)/394.179
=0.04

* 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$0.04 mean?
Vmoto (ASX:VMT) has a Net-Net Working Capital of A$0.04 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 Vmoto According to the industry distribution chart, Vmoto ranks #85 out of 383 companies in the Vehicles & Parts industry, placing it in the top 22.2%.
Is Vmoto's Net-Net Working Capital too high?
Vmoto's current Net-Net Working Capital is A$0.04. Based on the distribution chart, Vmoto ranks #85 out of 383 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Vmoto has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vmoto's Net-Net Working Capital compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Vmoto ranks #85 out of 383 companies for Net-Net Working Capital. This places Vmoto in the top 22% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.62. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.62, based on 383 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 Vmoto For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vmoto's current Net-Net Working Capital is A$0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vmoto stock overvalued right now?
Based on GuruFocus' analysis, Vmoto (ASX:VMT) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.07, compared to a current price of A$0.11 — trading 57.1% above its estimated fair value. The current Net-Net Working Capital is A$0.04. Vmoto's overall GF Score™ is 37/100 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 Vmoto (ASX:VMT), the current Net-Net Working Capital is A$0.04 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 Vmoto (ASX:VMT) Overvalued in 2026?

Based on GuruFocus' analysis, Vmoto stock appears to be overvalued. The current stock price of A$0.11 is trading 57.1% above its estimated GF Value™ of A$0.07. GuruFocus considers Vmoto to be Significantly Overvalued.

Key valuation signals for ASX:VMT:

  • Net-Net Working Capital: A$0.04
  • GF Value™: A$0.07 vs. price of A$0.11 (57.1% above fair value)
  • GF Score™: 37/100 with 5 warning signs

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


Vmoto Business Description

Address 152-158 Saint Georges Terrace, Level 39, Perth, WA, AUS, 6000
Vmoto Ltd along with its subsidiaries engages in the scooter manufacturing business. The company is mainly engaged in developing, manufacturing, and marketing electric-powered two-wheel vehicles. The electric two-wheeler vehicles segment is managed on a world-wide basis but operates in four principal geographical areas: Australia, China, Europe, and Singapore. It operates through the following primary brands: VMOTO, VMOTO Fleet, and Super Soco. In China, manufacturing facilities are operated in Nanjing. In Europe, the warehouse and distribution center is operated in the Netherlands and Italy.
37GF Score

Get the complete analysis for ASX:VMT

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

A$0.11
Price
A$0.07
GF Value