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AlroBSE:ALR +1.06%63 Net-Net Working Capital is lei-2.50 as of Mar. 2026. GuruFocus rates BSE:ALR with a GF Score™ of 63/100 and a GF Value™ of lei1.99 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,145 Metals & Mining companies, Alro ranks worse than 87336.16% 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.
Alro's Net-Net Working Capital for the quarter that ended in Mar. 2026 was lei-2.50.
The industry rank for Alro's Net-Net Working Capital or its related term are showing as below:
BSE:ALR's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.5 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Alro (BSE:ALR) 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.
Alro Net-Net Working Capital Related Terms
Alro Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Alro'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.
BSE:ALR vs AA, CENX, CSTM: Net-Net Working Capital Comparison
For the Aluminum subindustry, Alro'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.
Alro Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alro's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Alro'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 lei-2.50 mean?
Alro (BSE:ALR) has a Net-Net Working Capital of lei-2.50 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 Alro According to the industry distribution chart, Alro ranks #999999 out of 1145 companies in the Metals & Mining industry.
Is Alro's Net-Net Working Capital too high?
Alro's current Net-Net Working Capital is lei-2.50. Based on the distribution chart, Alro ranks #999999 out of 1145 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Alro has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alro's Net-Net Working Capital compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Alro ranks #999999 out of 1145 companies for Net-Net Working Capital. This places Alro in the lower half of its industry. The industry median Net-Net Working Capital is 7.50. 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 7.50, based on 1,145 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 Alro For the Metals & Mining industry, the median Net-Net Working Capital is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alro's current Net-Net Working Capital is lei-2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alro stock overvalued right now?
Based on GuruFocus' analysis, Alro (BSE:ALR) is currently considered Modestly Undervalued. The stock's GF Value™ is lei1.99, compared to a current price of lei1.43 — trading 28.1% below its estimated fair value. The current Net-Net Working Capital is lei-2.50. Alro's overall GF Score™ is 63/100 with 2 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 Alro (BSE:ALR), the current Net-Net Working Capital is lei-2.50 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 Alro (BSE:ALR) Overvalued in 2026?
Based on GuruFocus' analysis, Alro stock appears to be undervalued.
The current stock price of lei1.43 is trading 28.1% below its estimated GF Value™ of lei1.99.
GuruFocus considers Alro to be Modestly Undervalued.
Key valuation signals for BSE:ALR:
Net-Net Working Capital: lei-2.50
GF Value™: lei1.99 vs. price of lei1.43 (28.1% below fair value)
No single metric tells the full story. See the BSE:ALR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alro SA is a vertically integrated aluminium producer in Europe. The company operates in three segments: Alumina, Primary Aluminium and Processed Aluminium. Alumina segment consists of the group's alumina production operations, which is the main raw material for aluminium smelting. This segment includes ALUM. Primary Aluminium segment manufactures primary aluminium products such as wire rod, slabs and billets and mainly includes the Anodes section, the Electrolysis section, the Casting House and the Eco Recycling Facility. Processed Aluminium segment develops flat rolled products such as plates, sheets, coils and strips, and extruded products. Geographically the company operates in Romania, Other EU countries, Other European non-EU countries, USA, and Other countries.
63GF Score
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