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BETA TechnologiesBETA +0.68%12 Net-Net Working Capital is $5.68 as of Mar. 2026. GuruFocus rates BETA with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 118 Aerospace & Defense companies, BETA Technologies ranks better than 94.07% 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.
BETA Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $5.68.
The industry rank for BETA Technologies's Net-Net Working Capital or its related term are showing as below:
BETA's Price-to-Net-Net-Working-Capital is ranked better than 94.07% of 118
companies
in the Aerospace & Defense industry
Industry Median: 9.295
vs BETA: 3.13
BETA Technologies (NYSE:BETA) 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.
BETA Technologies Net-Net Working Capital Related Terms
BETA Technologies Net-Net Working Capital Historical Data
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The historical data trend for BETA Technologies'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.
BETA vs ACHR, ATRO, FLY: Net-Net Working Capital Comparison
For the Aerospace & Defense subindustry, BETA 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.
BETA Technologies Price-to-Net-Net-Working-Capital vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BETA Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where BETA 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 $5.68 mean?
BETA Technologies (BETA) has a Net-Net Working Capital of $5.68 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 BETA Technologies According to the industry distribution chart, BETA Technologies ranks #7 out of 118 companies in the Aerospace & Defense industry, placing it in the top 5.9%.
Is BETA Technologies' Net-Net Working Capital too high?
BETA Technologies' current Net-Net Working Capital is $5.68. The Aerospace & Defense industry median Net-Net Working Capital is 9.30. BETA Technologies' value of $5.68 is 38.9% below this industry median. Based on the distribution chart, BETA Technologies ranks #7 out of 118 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, BETA Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BETA Technologies' Net-Net Working Capital compare to ACHR and ATRO?
According to the Aerospace & Defense industry distribution chart, BETA Technologies ranks #7 out of 118 companies for Net-Net Working Capital. This places BETA Technologies in the top 6% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 9.30. BETA Technologies' value of $5.68 is 38.9% below this benchmark. 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 Aerospace & Defense company?
The median Net-Net Working Capital among Aerospace & Defense companies is 9.30, based on 118 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. BETA Technologies's current Net-Net Working Capital of $5.68 is 38.9% below the industry median. 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 BETA Technologies For the Aerospace & Defense industry, the median Net-Net Working Capital is 9.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BETA Technologies's current Net-Net Working Capital is $5.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BETA Technologies stock overvalued right now?
BETA Technologies (BETA) has a current Net-Net Working Capital of $5.68. The current Net-Net Working Capital is $5.68 and 38.9% below the Aerospace & Defense industry median of 9.30. BETA Technologies' overall GF Score™ is 12/100 with 1 warning sign 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 BETA Technologies (BETA), the current Net-Net Working Capital is $5.68 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.
BETA Technologies Inc is an aerospace company. The group has developed an electric aircraft platform and propulsion systems that are positioned to transform the aviation industry forward into a new phase of growth. It designs, manufactures, and sells high-performance electric aircraft, modern electric propulsion systems, charging systems, and components. The group also invested in the underlying infrastructure of this breakthrough technology, which is critical to bringing electric aviation to life. The group has developed a differentiated presence in North America and is well-positioned to expand globally. Its products and services are Aircraft, Charge, Motor, Battery, Flight Controls, and Training. It has one operating segment: Development and Manufacturing of Electric Aircraft.
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