Deutsche Rohstoff AG (CHIX:DR0D) Net-Net Working Capital: €-42.31 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

CHIX:DR0D Deutsche Rohstoff AG CHIX:DR0D
73 GF Score
Price €99.20
GF Value €33.99
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Deutsche Rohstoff AG Net-Net Working Capital?

Deutsche Rohstoff AG CHIX:DR0D 73 Net-Net Working Capital is €-42.31 as of Mar. 2026. GuruFocus rates CHIX:DR0D with a GF Score™ of 73/100 and a GF Value™ of €33.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 194 Oil & Gas companies, Deutsche Rohstoff AG ranks worse than 515463.4% 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.

Deutsche Rohstoff AG's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €-42.31.

The industry rank for Deutsche Rohstoff AG's Net-Net Working Capital or its related term are showing as below:

CHIX:DR0d's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.23
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Deutsche Rohstoff AG  (CHIX:DR0d) 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.


Deutsche Rohstoff AG Net-Net Working Capital Related Terms


Deutsche Rohstoff AG Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Deutsche Rohstoff AG'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.

Deutsche Rohstoff AG Net-Net Working Capital Chart

Deutsche Rohstoff AG 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 -31.41 -29.11 -41.61 -55.29 -50.87

Deutsche Rohstoff AG 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 -49.10 -54.12 -55.25 -50.87 -42.31

CHIX:DR0D vs COP, EOG, FANG: Net-Net Working Capital Comparison

For the Oil & Gas E&P subindustry, Deutsche Rohstoff AG'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.


Deutsche Rohstoff AG Price-to-Net-Net-Working-Capital vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Deutsche Rohstoff AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Deutsche Rohstoff AG's Price-to-Net-Net-Working-Capital falls into.


CHIX:DR0D
73GF Score
Deutsche Rohstoff AG CHIX:DR0D
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Rohstoff AG Net-Net Working Capital Calculation

Deutsche Rohstoff AG'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)
=(69.31+0.75 * 25.671+0.5 * 0.692-323.438
-0-9.121)/4.790
=-50.87

Deutsche Rohstoff AG'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)
=(148.678+0.75 * 26.801+0.5 * 1.706-362.229
-0-10.065)/4.790
=-42.31

* 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 €-42.31 mean?
Deutsche Rohstoff AG (CHIX:DR0D) has a Net-Net Working Capital of €-42.31 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 Deutsche Rohstoff AG According to the industry distribution chart, Deutsche Rohstoff AG ranks #999999 out of 194 companies in the Oil & Gas industry.
Is Deutsche Rohstoff AG's Net-Net Working Capital too high?
Deutsche Rohstoff AG's current Net-Net Working Capital is €-42.31. Based on the distribution chart, Deutsche Rohstoff AG ranks #999999 out of 194 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Deutsche Rohstoff AG has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Rohstoff AG's Net-Net Working Capital compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Deutsche Rohstoff AG ranks #999999 out of 194 companies for Net-Net Working Capital. This places Deutsche Rohstoff AG in the lower half of its industry. The industry median Net-Net Working Capital is 6.23. 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 Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.23, based on 194 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 Deutsche Rohstoff AG For the Oil & Gas industry, the median Net-Net Working Capital is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Rohstoff AG's current Net-Net Working Capital is €-42.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Rohstoff AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Rohstoff AG (CHIX:DR0D) is currently considered Significantly Overvalued. The stock's GF Value™ is €33.99, compared to a current price of €99.20 — trading 191.9% above its estimated fair value. The current Net-Net Working Capital is €-42.31. Deutsche Rohstoff AG's overall GF Score™ is 73/100 with 4 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 Deutsche Rohstoff AG (CHIX:DR0D), the current Net-Net Working Capital is €-42.31 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 Deutsche Rohstoff AG (CHIX:DR0D) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Rohstoff AG stock appears to be overvalued. The current stock price of €99.20 is trading 191.9% above its estimated GF Value™ of €33.99. GuruFocus considers Deutsche Rohstoff AG to be Significantly Overvalued.

Key valuation signals for CHIX:DR0D:

  • Net-Net Working Capital: €-42.31
  • GF Value™: €33.99 vs. price of €99.20 (191.9% above fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the CHIX:DR0D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deutsche Rohstoff AG Business Description

Industry EnergyOil & Gas
Other Exchanges 1DR:Italy0W2J:UKDR0:Germany
Address Q7, 24, Mannheim, BW, DEU, 68161
Deutsche Rohstoff AG is a German natural resources holding company. The core focus of the portfolio is on U.S oil and gas production. The company maintains private and public investments in the metals and mining space with a focus on strategic and battery metals. It leverages the opportunities of the resource markets and the experience and strengths of world-wide teams to deliver sustainably high returns for shareholders. In addition, it also invests in companies. The goal is to build an economically successful resource production and investment company designed for long-term success. Energy and metals are essential resources to support living standards and improve living standards world-wide. It has completed over 100 wells and built up production of over 14,700 barrels of oil.
73GF Score

Get the complete analysis for CHIX:DR0D

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

€99.20
Price
€33.99
GF Value