Dar Global (CHIX:DARL) Net-Net Working Capital: $-4.72 (As of Dec. 2025)

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CHIX:DARL Dar Global PLC CHIX:DARL
38 GF Score
Price $8.35
GF Value $12.28
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dar Global Net-Net Working Capital?

Dar Global CHIX:DARL 38 Net-Net Working Capital is $-4.72 as of Dec. 2025. GuruFocus rates CHIX:DARL with a GF Score™ of 38/100 and a GF Value™ of $12.28 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 324 Real Estate companies, Dar Global ranks worse than 308641.67% 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.

Dar Global's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-4.72.

The industry rank for Dar Global's Net-Net Working Capital or its related term are showing as below:

CHIX:DARl's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.395
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Dar Global  (CHIX:DARl) 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.


Dar Global Net-Net Working Capital Related Terms


Dar Global Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Dar Global'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.

Dar Global Net-Net Working Capital Chart

Dar Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -0.63 -0.38 -0.05 -2.14 -4.72

Dar Global Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.75 -2.14 -4.07 -4.72

Dar Global Net-Net Working Capital Competitor Comparison

For the Real Estate - Development subindustry, Dar Global'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.


Dar Global Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dar Global's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Dar Global's Price-to-Net-Net-Working-Capital falls into.


CHIX:DARL
38GF Score
Dar Global PLC CHIX:DARL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dar Global Net-Net Working Capital Calculation

Dar Global'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)
=(83.485+0.75 * 204+0.5 * 783.112-1478.238
-0-0.045)/180.022
=-4.72

Dar Global's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(83.485+0.75 * 204+0.5 * 783.112-1478.238
-0-0.045)/180.022
=-4.72

* 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 $-4.72 mean?
Dar Global (CHIX:DARL) has a Net-Net Working Capital of $-4.72 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 Dar Global According to the industry distribution chart, Dar Global ranks #999999 out of 324 companies in the Real Estate industry.
Is Dar Global's Net-Net Working Capital too high?
Dar Global's current Net-Net Working Capital is $-4.72. Based on the distribution chart, Dar Global ranks #999999 out of 324 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Dar Global has a GF Score™ of 38/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dar Global's Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, Dar Global ranks #999999 out of 324 companies for Net-Net Working Capital. This places Dar Global in the lower half of its industry. The industry median Net-Net Working Capital is 4.40. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.40, based on 324 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 Dar Global For the Real Estate industry, the median Net-Net Working Capital is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dar Global's current Net-Net Working Capital is $-4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dar Global stock overvalued right now?
Based on GuruFocus' analysis, Dar Global (CHIX:DARL) is currently considered Significantly Undervalued. The stock's GF Value™ is $12.28, compared to a current price of $8.35 — trading 32% below its estimated fair value. The current Net-Net Working Capital is $-4.72. Dar Global's overall GF Score™ is 38/100 with 3 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 Dar Global (CHIX:DARL), the current Net-Net Working Capital is $-4.72 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 Dar Global (CHIX:DARL) Overvalued in 2026?

Based on GuruFocus' analysis, Dar Global stock appears to be undervalued. The current stock price of $8.35 is trading 32% below its estimated GF Value™ of $12.28. GuruFocus considers Dar Global to be Significantly Undervalued.

Key valuation signals for CHIX:DARL:

  • Net-Net Working Capital: $-4.72
  • GF Value™: $12.28 vs. price of $8.35 (32% below fair value)
  • GF Score™: 38/100 with 3 warning signs

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


Dar Global Business Description

Other Exchanges DAR:UKL16:Germany
Address 51 Lime Stree, 19th Floor, London, GBR, EC3M 7DQ
Dar Global PLC is an international luxury real estate developer focused on luxury residential and hospitality properties for HNWIs and UHNWIs across the GCC, Europe, the United States, and other international markets. Its products and services include branded residences, villas, apartments, hotels, retail units, and serviced villas developed through partnerships with luxury and hospitality brands. The Group's projects include Trump International Hotel & Tower Dubai, Trump Tower Jeddah, W Residences, DG1, Urban Oasis by Missoni, and Da Vinci Tower by Pagani. Geographically, the Group operates across Saudi Arabia, UAE, Oman, Qatar, Spain, Maldives, and the United Kingdom.
38GF Score

Get the complete analysis for CHIX:DARL

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.35
Price
$12.28
GF Value