Bjorn Borg AB (CHIX:BORGS) Net-Net Working Capital: kr-3.03 (As of Mar. 2026)

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CHIX:BORGS Bjorn Borg AB CHIX:BORGS
90 GF Score
Price kr26.00
GF Value kr24.45
! 2 Warning Signs
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What is Bjorn Borg AB Net-Net Working Capital?

Bjorn Borg AB CHIX:BORGS 90 Net-Net Working Capital is kr-3.03 as of Mar. 2026. GuruFocus rates CHIX:BORGS with a GF Score™ of 90/100 and a GF Value™ of kr24.45. The stock has 2 warning signs investors should review. Among 373 Manufacturing - Apparel & Accessories companies, Bjorn Borg AB ranks worse than 268096.25% 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.

Bjorn Borg AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was kr-3.03.

The industry rank for Bjorn Borg AB's Net-Net Working Capital or its related term are showing as below:

CHIX:BORGs's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.34
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bjorn Borg AB  (CHIX:BORGs) 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.


Bjorn Borg AB Net-Net Working Capital Related Terms


Bjorn Borg AB Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Bjorn Borg AB'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.

Bjorn Borg AB Net-Net Working Capital Chart

Bjorn Borg AB 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 -3.93 -5.06 -3.22 -5.07 -4.39

Bjorn Borg AB 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 -3.61 -5.66 -4.04 -4.39 -3.03

CHIX:BORGS vs RL, LEVI, VFC: Net-Net Working Capital Comparison

For the Apparel Manufacturing subindustry, Bjorn Borg AB'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.


Bjorn Borg AB Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Bjorn Borg AB's Price-to-Net-Net-Working-Capital falls into.


CHIX:BORGS
90GF Score
Bjorn Borg AB CHIX:BORGS
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Bjorn Borg AB Net-Net Working Capital Calculation

Bjorn Borg AB'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)
=(13.535+0.75 * 133.095+0.5 * 257.237-358.206
-0--5.818)/25.148
=-4.39

Bjorn Borg AB'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)
=(16.14+0.75 * 211.158+0.5 * 184.713-349.191
-0--6.01)/25.148
=-3.03

* 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 kr-3.03 mean?
Bjorn Borg AB (CHIX:BORGS) has a Net-Net Working Capital of kr-3.03 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 Bjorn Borg AB According to the industry distribution chart, Bjorn Borg AB ranks #999999 out of 373 companies in the Manufacturing - Apparel & Accessories industry.
Is Bjorn Borg AB's Net-Net Working Capital too high?
Bjorn Borg AB's current Net-Net Working Capital is kr-3.03. Based on the distribution chart, Bjorn Borg AB ranks #999999 out of 373 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Bjorn Borg AB has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Bjorn Borg AB's Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bjorn Borg AB ranks #999999 out of 373 companies for Net-Net Working Capital. This places Bjorn Borg AB in the lower half of its industry. The industry median Net-Net Working Capital is 5.34. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.34, based on 373 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 Bjorn Borg AB For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bjorn Borg AB's current Net-Net Working Capital is kr-3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bjorn Borg AB stock overvalued right now?
Bjorn Borg AB (CHIX:BORGS) has a current Net-Net Working Capital of kr-3.03. The stock's GF Value™ is kr24.45, compared to a current price of kr26.00 — trading 6.3% above its estimated fair value. The current Net-Net Working Capital is kr-3.03. Bjorn Borg AB's overall GF Score™ is 90/100 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 Bjorn Borg AB (CHIX:BORGS), the current Net-Net Working Capital is kr-3.03 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 Bjorn Borg AB (CHIX:BORGS) Overvalued in 2026?

Based on GuruFocus' analysis, Bjorn Borg AB stock appears to be overvalued. The current stock price of kr26.00 is trading 6.3% above its estimated GF Value™ of kr24.45.

Key valuation signals for CHIX:BORGS:

  • Net-Net Working Capital: kr-3.03
  • GF Value™: kr24.45 vs. price of kr26.00 (6.3% above fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the CHIX:BORGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bjorn Borg AB Business Description

Other Exchanges BORG:Sweden6BB:Germany
Address Frosundaviks alle 1, Solna, Stockholm, SWE, SE-169 70
Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Own stores, Distributors, Licensing, and e-commerce. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.
90GF 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.

kr26.00
Price
kr24.45
GF Value