Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
MBH Mortgage Bank Co's Net-Net Working Capital for the quarter that ended in Dec. 2025 was Ft-6,294.00.
The industry rank for MBH Mortgage Bank Co's Net-Net Working Capital or its related term are showing as below:
BUD:MBHJB's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.785 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
MBH Mortgage Bank Co (BUD:MBHJB) 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.
MBH Mortgage Bank Co Net-Net Working Capital Related Terms
MBH Mortgage Bank Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for MBH Mortgage Bank Co'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.
MBH Mortgage Bank Co Net-Net Working Capital Chart
BUD:MBHJB vs PNC, USB: Net-Net Working Capital Comparison
For the Banks - Regional subindustry, MBH Mortgage Bank Co'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.
MBH Mortgage Bank Co Price-to-Net-Net-Working-Capital vs Banks Industry
For the Banks industry and Financial Services sector, MBH Mortgage Bank Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where MBH Mortgage Bank Co'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 Ft-6,294.00 mean?
MBH Mortgage Bank Co (BUD:MBHJB) has a Net-Net Working Capital of Ft-6,294.00 as of Dec. 2025. 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 MBH Mortgage Bank Co According to the industry distribution chart, MBH Mortgage Bank Co ranks #999999 out of 8 companies in the Banks industry.
Is MBH Mortgage Bank Co's Net-Net Working Capital too high?
MBH Mortgage Bank Co's current Net-Net Working Capital is Ft-6,294.00. Based on the distribution chart, MBH Mortgage Bank Co ranks #999999 out of 8 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, MBH Mortgage Bank Co has a GF Score™ of 21/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MBH Mortgage Bank Co's Net-Net Working Capital compare to PNC and USB?
According to the Banks industry distribution chart, MBH Mortgage Bank Co ranks #999999 out of 8 companies for Net-Net Working Capital. This places MBH Mortgage Bank Co in the lower half of its industry. The industry median Net-Net Working Capital is 1.79. 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 Banks company?
The median Net-Net Working Capital among Banks companies is 1.79, based on 8 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 MBH Mortgage Bank Co For the Banks industry, the median Net-Net Working Capital is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBH Mortgage Bank Co's current Net-Net Working Capital is Ft-6,294.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBH Mortgage Bank Co stock overvalued right now?
Based on GuruFocus' analysis, MBH Mortgage Bank Co (BUD:MBHJB) is currently considered Significantly Undervalued. The stock's GF Value™ is Ft1,114.87, compared to a current price of Ft490.00 — trading 56% below its estimated fair value. The current Net-Net Working Capital is Ft-6,294.00. MBH Mortgage Bank Co's overall GF Score™ is 21/100 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 MBH Mortgage Bank Co (BUD:MBHJB), the current Net-Net Working Capital is Ft-6,294.00 as of Dec. 2025. 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 MBH Mortgage Bank Co (BUD:MBHJB) Overvalued in 2026?
Based on GuruFocus' analysis, MBH Mortgage Bank Co stock appears to be undervalued.
The current stock price of Ft490.00 is trading 56% below its estimated GF Value™ of Ft1,114.87.
GuruFocus considers MBH Mortgage Bank Co to be Significantly Undervalued.
Key valuation signals for BUD:MBHJB:
Net-Net Working Capital: Ft-6,294.00
GF Value™: Ft1,114.87 vs. price of Ft490.00 (56% below fair value)
No single metric tells the full story. See the BUD:MBHJB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MBH Mortgage Bank Co PLC provides mortgage banking services. The business activities of the group function through various segments such as Retail, Wholesale, Loans, and advances to customers. It derives the majority of its revenue from the Retail segment, which offers a wide range of services such as retail bank accounts, deposits, savings, loans, and others to its retail customers. The company also focuses on the financial needs of corporate customers and offers corporate accounts, deposits, loans, and other services. In addition, it also focuses on liquidity management, asset and liability management, and security issues. Geographically, it operates in Hungary.
21GF Score
Get the complete analysis for BUD:MBHJB
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BUD:MBHJB has been successfully added to your 
