United Gulf Investment BSC (BAH:UGIC) Net-Net Working Capital: BHD-0.06 (As of Mar. 2026)

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What is United Gulf Investment BSC Net-Net Working Capital?

United Gulf Investment BSC BAH:UGIC Net-Net Working Capital is BHD-0.06 as of Mar. 2026. The stock has 6 warning signs investors should review. Among 1,136 Metals & Mining companies, United Gulf Investment BSC ranks worse than 88028.08% 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.

United Gulf Investment BSC's Net-Net Working Capital for the quarter that ended in Mar. 2026 was BHD-0.06.

The industry rank for United Gulf Investment BSC's Net-Net Working Capital or its related term are showing as below:

BAH:UGIC's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 6.92
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

United Gulf Investment BSC  (BAH:UGIC) 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.


United Gulf Investment BSC Net-Net Working Capital Related Terms


United Gulf Investment BSC Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for United Gulf Investment 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.

United Gulf Investment BSC Net-Net Working Capital Chart

United Gulf Investment BSC 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 -0.09 -0.07 -0.08 -0.07 -0.06

United Gulf Investment BSC 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 -0.06 -0.08 -0.08 -0.06 -0.06

United Gulf Investment BSC Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, United Gulf Investment 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.


United Gulf Investment BSC Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, United Gulf Investment BSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where United Gulf Investment BSC's Price-to-Net-Net-Working-Capital falls into.



United Gulf Investment BSC Net-Net Working Capital Calculation

United Gulf Investment BSC'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)
=(5.92+0.75 * 5.897+0.5 * 19.047-23.84
-0-8.263)/200.000
=-0.06

United Gulf Investment BSC'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)
=(9.071+0.75 * 5.323+0.5 * 18.099-25.869
-0-8.408)/200.000
=-0.06

* 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 BHD-0.06 mean?
United Gulf Investment BSC (BAH:UGIC) has a Net-Net Working Capital of BHD-0.06 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 United Gulf Investment BSC According to the industry distribution chart, United Gulf Investment BSC ranks #999999 out of 1136 companies in the Metals & Mining industry.
Is United Gulf Investment BSC's Net-Net Working Capital too high?
United Gulf Investment BSC's current Net-Net Working Capital is BHD-0.06. Based on the distribution chart, United Gulf Investment BSC ranks #999999 out of 1136 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does United Gulf Investment BSC's Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, United Gulf Investment BSC ranks #999999 out of 1136 companies for Net-Net Working Capital. This places United Gulf Investment BSC in the lower half of its industry. The industry median Net-Net Working Capital is 6.92. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 6.92, based on 1,136 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 United Gulf Investment BSC For the Metals & Mining industry, the median Net-Net Working Capital is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Gulf Investment BSC's current Net-Net Working Capital is BHD-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Gulf Investment BSC stock overvalued right now?
Based on GuruFocus' analysis, United Gulf Investment BSC (BAH:UGIC) is currently considered Fairly Valued. The stock's GF Value™ is BHD0.04, compared to a current price of BHD0.04 — trading 5% below its estimated fair value. The current Net-Net Working Capital is BHD-0.06. 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 United Gulf Investment BSC (BAH:UGIC), the current Net-Net Working Capital is BHD-0.06 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.

United Gulf Investment BSC Business Description

Address Road 2832, Block 428, P.O. Box 10177, Almoayyed Tower, Office 3202, Building 2504, Al-Seef District, Manama, BHR
United Gulf Investment Corp BSC is engaged in property leasing, buying, and selling of properties for the company, third-grade industrial maintenance works, and investment in local industrial projects. The company's investment objective includes developing and promoting industrial, chemical, and energy-related projects, in the Gulf region, identifying and investing in direct investment opportunities and investing in listed stocks and other financial instruments. Its operating segment includes operating activities and Investment activities. The company has two geographical segments; the Kingdom of Bahrain and the Kingdom of Saudi Arabia.