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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.
The industry rank for Global Opportunities Trust's Net-Net Working Capital or its related term are showing as below:
CHIX:GOTl's Price-to-Net-Net-Working-Capital is ranked worse than 53.61% of 485
companies
in the Asset Management industry
Industry Median: 6.48
vs CHIX:GOTl: 7.42
Global Opportunities Trust (CHIX:GOTl) 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.
Global Opportunities Trust Net-Net Working Capital Related Terms
Global Opportunities Trust Net-Net Working Capital Historical Data
* 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.
Global Opportunities Trust Net-Net Working Capital Chart
CHIX:GOTL vs BLK, BX, KKR: Net-Net Working Capital Comparison
For the Asset Management subindustry, Global Opportunities Trust'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.
Global Opportunities Trust Price-to-Net-Net-Working-Capital vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Global Opportunities Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Global Opportunities Trust'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 £0.45 mean?
Global Opportunities Trust (CHIX:GOTL) has a Net-Net Working Capital of £0.45 as of Jun. 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 Global Opportunities Trust According to the industry distribution chart, Global Opportunities Trust ranks #260 out of 485 companies in the Asset Management industry, placing it in the top 53.6%.
Is Global Opportunities Trust's Net-Net Working Capital too high?
Global Opportunities Trust's current Net-Net Working Capital is £0.45. Based on the distribution chart, Global Opportunities Trust ranks #260 out of 485 companies in the Asset Management industry, which is below the industry midpoint. Overall, Global Opportunities Trust has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Global Opportunities Trust's Net-Net Working Capital compare to BLK and BX?
According to the Asset Management industry distribution chart, Global Opportunities Trust ranks #260 out of 485 companies for Net-Net Working Capital. This places Global Opportunities Trust in the lower half of its industry. The industry median Net-Net Working Capital is 6.48. 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 Asset Management company?
The median Net-Net Working Capital among Asset Management companies is 6.48, based on 485 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 Global Opportunities Trust For the Asset Management industry, the median Net-Net Working Capital is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Opportunities Trust's current Net-Net Working Capital is £0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Opportunities Trust stock overvalued right now?
Global Opportunities Trust (CHIX:GOTL) has a current Net-Net Working Capital of £0.45. The stock's GF Value™ is £3.95, compared to a current price of £2.82 — trading 28.6% below its estimated fair value. The current Net-Net Working Capital is £0.45. Global Opportunities Trust's overall GF Score™ is 55/100 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 Global Opportunities Trust (CHIX:GOTL), the current Net-Net Working Capital is £0.45 as of Jun. 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 Global Opportunities Trust (CHIX:GOTL) Overvalued in 2026?
Based on GuruFocus' analysis, Global Opportunities Trust stock appears to be undervalued.
The current stock price of £2.82 is trading 28.6% below its estimated GF Value™ of £3.95.
Key valuation signals for CHIX:GOTL:
Net-Net Working Capital: £0.45
GF Value™: £3.95 vs. price of £2.82 (28.6% below fair value)
No single metric tells the full story. See the CHIX:GOTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Opportunities Trust PLC is a UK-based investment trust company. The company's investment objective is to provide Shareholders with an attractive real long-term total return by investing globally in undervalued securities. It mainly invests in a focused portfolio of approximately 30 to 40 securities of issuers across the world, in quoted equities and unquoted securities. Its portfolio also includes debt instruments, cash, or cash equivalents to manage the risk and maintain liquidity. The company may purchase derivatives or use a gearing mechanism for efficient portfolio management and to enhance long-term returns to shareholders. Its revenue mainly comprises of interest and dividend income.
55GF Score
Get the complete analysis for CHIX:GOTL
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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