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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.
Seef Properties BSC's Net-Net Working Capital for the quarter that ended in Jun. 2026 was BHD0.01.
The industry rank for Seef Properties BSC's Net-Net Working Capital or its related term are showing as below:
BAH:SEEF's Price-to-Net-Net-Working-Capital is ranked worse than 74.47% of 329
companies
in the Real Estate industry
Industry Median: 4.81
vs BAH:SEEF: 12.50
Seef Properties BSC (BAH:SEEF) 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.
Seef Properties BSC Net-Net Working Capital Related Terms
Seef Properties BSC Net-Net Working Capital Historical Data
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The historical data trend for Seef Properties BSC'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.
BAH:SEEF vs CBRE, BEKE, JLL: Net-Net Working Capital Comparison
For the Real Estate Services subindustry, Seef Properties BSC'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.
Seef Properties BSC Price-to-Net-Net-Working-Capital vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Seef Properties BSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Seef Properties BSC'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 BHD0.01 mean?
Seef Properties BSC (BAH:SEEF) has a Net-Net Working Capital of BHD0.01 as of Jun. 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 Seef Properties BSC According to the industry distribution chart, Seef Properties BSC ranks #245 out of 329 companies in the Real Estate industry, placing it in the top 74.5%.
Is Seef Properties BSC's Net-Net Working Capital too high?
Seef Properties BSC's current Net-Net Working Capital is BHD0.01. Based on the distribution chart, Seef Properties BSC ranks #245 out of 329 companies in the Real Estate industry, which is below the industry midpoint. Overall, Seef Properties BSC has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seef Properties BSC's Net-Net Working Capital compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Seef Properties BSC ranks #245 out of 329 companies for Net-Net Working Capital. This places Seef Properties BSC in the lower half of its industry. The industry median Net-Net Working Capital is 4.81. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.81, based on 329 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 Seef Properties BSC For the Real Estate industry, the median Net-Net Working Capital is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seef Properties BSC's current Net-Net Working Capital is BHD0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seef Properties BSC stock overvalued right now?
Based on GuruFocus' analysis, Seef Properties BSC (BAH:SEEF) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.10, compared to a current price of BHD0.13 — trading 25% above its estimated fair value. The current Net-Net Working Capital is BHD0.01. Seef Properties BSC's overall GF Score™ is 55/100 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 Seef Properties BSC (BAH:SEEF), the current Net-Net Working Capital is BHD0.01 as of Jun. 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 Seef Properties BSC (BAH:SEEF) Overvalued in 2026?
Based on GuruFocus' analysis, Seef Properties BSC stock appears to be overvalued.
The current stock price of BHD0.13 is trading 25% above its estimated GF Value™ of BHD0.10.
GuruFocus considers Seef Properties BSC to be Modestly Overvalued.
Key valuation signals for BAH:SEEF:
Net-Net Working Capital: BHD0.01
GF Value™: BHD0.10 vs. price of BHD0.13 (25% above fair value)
No single metric tells the full story. See the BAH:SEEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seef Properties BSC is engaged in the real estate business and also provides leisure and recreational game facilities. The company, along with its subsidiaries, owns and manages Seef Mall, Isa Town Mall, Muharraq Seef Mall, Fraser Suites - Seef, Seef Entertainment, and other commercial facilities in the Kingdom of Bahrain. In addition, it manages, as part of property management service agreements, Souq Al Baraha and Al Liwan. The company's business segments are Malls and properties, Serviced apartments, Leisure and entertainment, and Other. A majority of its revenue is generated from the Malls and properties segment, which is engaged in the management of real estate including malls.
55GF 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.
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