Fevara (CHIX:FVAL) Net-Net Working Capital: £-0.03 (As of Feb. 2026)


CHIX:FVAL Fevara PLC CHIX:FVAL
60 GF Score
Price £1.36
GF Value £2.27
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Fevara Net-Net Working Capital?

Fevara CHIX:FVAL 60 Net-Net Working Capital is £-0.03 as of Feb. 2026. GuruFocus rates CHIX:FVAL with a GF Score™ of 60/100 and a GF Value™ of £2.27 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 657 Consumer Packaged Goods companies, Fevara ranks worse than 152206.85% 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.

Fevara's Net-Net Working Capital for the quarter that ended in Feb. 2026 was £-0.03.

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

CHIX:FVAl's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.51
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Fevara  (CHIX:FVAl) 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.


Fevara Net-Net Working Capital Related Terms


Fevara Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Fevara'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.

Fevara Net-Net Working Capital Chart

Fevara Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.61 -1.49 -0.06 -0.26 -0.10

Fevara Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.02 -0.26 -0.14 -0.10 -0.03

CHIX:FVAL vs KHC, GIS, HRL: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Fevara'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.


Fevara Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fevara's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


CHIX:FVAL
60GF Score
Fevara PLC CHIX:FVAL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fevara Net-Net Working Capital Calculation

Fevara's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2025 is calculated as

Net-Net Working Capital(A: Aug. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.855+0.75 * 4.497+0.5 * 12.298-22.361
-0-0)/51.745
=-0.10

Fevara's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2026 is calculated as

Net-Net Working Capital(Q: Feb. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.285+0.75 * 17.371+0.5 * 8.718-31.17
-0-0)/51.789
=-0.03

* 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 £-0.03 mean?
Fevara (CHIX:FVAL) has a Net-Net Working Capital of £-0.03 as of Feb. 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 Fevara According to the industry distribution chart, Fevara ranks #999999 out of 657 companies in the Consumer Packaged Goods industry.
Is Fevara's Net-Net Working Capital too high?
Fevara's current Net-Net Working Capital is £-0.03. Based on the distribution chart, Fevara ranks #999999 out of 657 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Fevara has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fevara's Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fevara ranks #999999 out of 657 companies for Net-Net Working Capital. This places Fevara in the lower half of its industry. The industry median Net-Net Working Capital is 6.51. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.51, based on 657 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 Fevara For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fevara's current Net-Net Working Capital is £-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fevara stock overvalued right now?
Based on GuruFocus' analysis, Fevara (CHIX:FVAL) is currently considered Possible Value Trap. The stock's GF Value™ is £2.27, compared to a current price of £1.36 — trading 40.1% below its estimated fair value. The current Net-Net Working Capital is £-0.03. Fevara's overall GF Score™ is 60/100 with 5 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 Fevara (CHIX:FVAL), the current Net-Net Working Capital is £-0.03 as of Feb. 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 Fevara (CHIX:FVAL) Overvalued in 2026?

Based on GuruFocus' analysis, Fevara stock appears to be undervalued. The current stock price of £1.36 is trading 40.1% below its estimated GF Value™ of £2.27. GuruFocus considers Fevara to be Possible Value Trap.

Key valuation signals for CHIX:FVAL:

  • Net-Net Working Capital: £-0.03
  • GF Value™: £2.27 vs. price of £1.36 (40.1% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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


Fevara Business Description

Other Exchanges FVA:UK
Address Warwick Bridge, Warwick Mill Business Centre, Carlisle, Cumbria, GBR, CA4 8RR
Fevara PLC is an international livestock supplements company engaged in the development, manufacture, and marketing of nutrition products for livestock. The Group's products include branded feed licks, blocks, bagged minerals and boluses for cattle, sheep and horses, produced using patented processes and sold under brands such as Crystalyx, Horslyx, SmartLic and Tracesure. The Group operates in the UK/Europe Agriculture segment, which generates the majority of revenue, as well as the US Agriculture and Central segments.
60GF Score

Get the complete analysis for CHIX:FVAL

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

£1.36
Price
£2.27
GF Value