AVAH (Aveanna Healthcare Holdings) Net-Net Working Capital: $-6.16 (As of Mar. 2026)

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AVAH Aveanna Healthcare Holdings Inc AVAH
63 GF Score
Price $9.69
GF Value $5.18
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Aveanna Healthcare Holdings Net-Net Working Capital?

Aveanna Healthcare Holdings AVAH -2.12% 63 Net-Net Working Capital is $-6.16 as of Mar. 2026. GuruFocus rates AVAH with a GF Score™ of 63/100 and a GF Value™ of $5.18 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 197 Healthcare Providers & Services companies, Aveanna Healthcare Holdings ranks worse than 507613.71% 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.

Aveanna Healthcare Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-6.16.

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

AVAH's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.67
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Aveanna Healthcare Holdings  (NAS:AVAH) 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.


Aveanna Healthcare Holdings Net-Net Working Capital Related Terms


Aveanna Healthcare Holdings Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Aveanna Healthcare Holdings'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.

Aveanna Healthcare Holdings Net-Net Working Capital Chart

Aveanna Healthcare Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -8.10 -8.09 -7.93 -7.73 -6.57

Aveanna Healthcare Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -7.48 -6.92 -6.78 -6.57 -6.16

AVAH vs SNDA, ADUS, AGL: Net-Net Working Capital Comparison

For the Medical Care Facilities subindustry, Aveanna Healthcare Holdings'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.


Aveanna Healthcare Holdings Price-to-Net-Net-Working-Capital vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aveanna Healthcare Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


AVAH
63GF Score
Aveanna Healthcare Holdings Inc AVAH
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Aveanna Healthcare Holdings Net-Net Working Capital Calculation

Aveanna Healthcare Holdings'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)
=(193.26+0.75 * 316.116+0.5 * 0-1817.188
-0-0)/210.996
=-6.57

Aveanna Healthcare Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(189.274+0.75 * 335.6+0.5 * 0-1781.266
-0-0)/217.510
=-6.16

* 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 $-6.16 mean?
Aveanna Healthcare Holdings (AVAH) has a Net-Net Working Capital of $-6.16 as of Mar. 2026. 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 Aveanna Healthcare Holdings According to the industry distribution chart, Aveanna Healthcare Holdings ranks #999999 out of 197 companies in the Healthcare Providers & Services industry.
Is Aveanna Healthcare Holdings' Net-Net Working Capital too high?
Aveanna Healthcare Holdings' current Net-Net Working Capital is $-6.16. Based on the distribution chart, Aveanna Healthcare Holdings ranks #999999 out of 197 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Aveanna Healthcare Holdings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aveanna Healthcare Holdings' Net-Net Working Capital compare to SNDA and ADUS?
According to the Healthcare Providers & Services industry distribution chart, Aveanna Healthcare Holdings ranks #999999 out of 197 companies for Net-Net Working Capital. This places Aveanna Healthcare Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 7.67. 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 Healthcare Providers & Services company?
The median Net-Net Working Capital among Healthcare Providers & Services companies is 7.67, based on 197 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 Aveanna Healthcare Holdings For the Healthcare Providers & Services industry, the median Net-Net Working Capital is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aveanna Healthcare Holdings's current Net-Net Working Capital is $-6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aveanna Healthcare Holdings stock overvalued right now?
Based on GuruFocus' analysis, Aveanna Healthcare Holdings (AVAH) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.18, compared to a current price of $9.69 — trading 87.1% above its estimated fair value. The current Net-Net Working Capital is $-6.16. Aveanna Healthcare Holdings' overall GF Score™ is 63/100 with 6 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 Aveanna Healthcare Holdings (AVAH), the current Net-Net Working Capital is $-6.16 as of Mar. 2026. 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 Aveanna Healthcare Holdings (AVAH) Overvalued in 2026?

Based on GuruFocus' analysis, Aveanna Healthcare Holdings stock appears to be overvalued. The current stock price of $9.69 is trading 87.1% above its estimated GF Value™ of $5.18. GuruFocus considers Aveanna Healthcare Holdings to be Significantly Overvalued.

Key valuation signals for AVAH:

  • Net-Net Working Capital: $-6.16
  • GF Value™: $5.18 vs. price of $9.69 (87.1% above fair value)
  • GF Score™: 63/100 with 6 warning signs

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


Aveanna Healthcare Holdings Business Description

Address 400 Interstate North Parkway SE, Suite 1600, Atlanta, GA, USA, 30339
Aveanna Healthcare Holdings Inc is a diversified home care platform that provides care to medically complex, high-cost patient populations. It directly addresses the pressing challenges facing the U.S. healthcare system by providing safe, high-quality care in the home. The firm provides its services through three segments: Private Duty Services (PDS); Home Health & Hospice (HHH); and Medical Solutions (MS). The Private Duty Services segment generates the majority of revenue, which includes private duty skilled nursing services, non-clinical and personal care services, and pediatric therapy services, and is principally reimbursed by Medicaid and Medicaid MCO.
63GF Score

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

$9.69
Price
$5.18
GF Value