Hunting (CHIX:HTGL) Net-Net Working Capital: £0.51 (As of Dec. 2025)


CHIX:HTGL Hunting PLC CHIX:HTGL
81 GF Score
Price £4.37
GF Value £3.27
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hunting Net-Net Working Capital?

Hunting CHIX:HTGL +1.27% 81 Net-Net Working Capital is £0.51 as of Dec. 2025. GuruFocus rates CHIX:HTGL with a GF Score™ of 81/100 and a GF Value™ of £3.27 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 192 Oil & Gas companies, Hunting ranks worse than 56.77% 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.

Hunting's Net-Net Working Capital for the quarter that ended in Dec. 2025 was £0.51.

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

CHIX:HTGl's Price-to-Net-Net-Working-Capital is ranked worse than
56.77% of 192 companies
in the Oil & Gas industry
Industry Median: 6.96 vs CHIX:HTGl: 8.57

Hunting  (CHIX:HTGl) 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.


Hunting Net-Net Working Capital Related Terms


Hunting Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Hunting'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.

Hunting Net-Net Working Capital Chart

Hunting 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 0.78 0.49 0.43 0.61 0.51

Hunting Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.46 0.61 0.39 0.51

CHIX:HTGL vs SLB, BKR, HAL: Net-Net Working Capital Comparison

For the Oil & Gas Equipment & Services subindustry, Hunting'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.


Hunting Price-to-Net-Net-Working-Capital vs Oil & Gas Industry

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

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


CHIX:HTGL
81GF Score
Hunting PLC CHIX:HTGL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hunting Net-Net Working Capital Calculation

Hunting'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)
=(108.688+0.75 * 138.718+0.5 * 177.412-219.244
-0-5.752)/151.004
=0.51

Hunting'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)
=(108.688+0.75 * 138.718+0.5 * 177.412-219.244
-0-5.752)/151.004
=0.51

* 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 £0.51 mean?
Hunting (CHIX:HTGL) has a Net-Net Working Capital of £0.51 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 Hunting According to the industry distribution chart, Hunting ranks #109 out of 192 companies in the Oil & Gas industry, placing it in the top 56.8%.
Is Hunting's Net-Net Working Capital too high?
Hunting's current Net-Net Working Capital is £0.51. Based on the distribution chart, Hunting ranks #109 out of 192 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hunting has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunting's Net-Net Working Capital compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Hunting ranks #109 out of 192 companies for Net-Net Working Capital. This places Hunting in the lower half of its industry. The industry median Net-Net Working Capital is 6.96. 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 6.96, based on 192 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 Hunting For the Oil & Gas industry, the median Net-Net Working Capital is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunting's current Net-Net Working Capital is £0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunting stock overvalued right now?
Based on GuruFocus' analysis, Hunting (CHIX:HTGL) is currently considered Significantly Overvalued. The stock's GF Value™ is £3.27, compared to a current price of £4.37 — trading 33.6% above its estimated fair value. The current Net-Net Working Capital is £0.51. Hunting's overall GF Score™ is 81/100 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 Hunting (CHIX:HTGL), the current Net-Net Working Capital is £0.51 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 Hunting (CHIX:HTGL) Overvalued in 2026?

Based on GuruFocus' analysis, Hunting stock appears to be overvalued. The current stock price of £4.37 is trading 33.6% above its estimated GF Value™ of £3.27. GuruFocus considers Hunting to be Significantly Overvalued.

Key valuation signals for CHIX:HTGL:

  • Net-Net Working Capital: £0.51
  • GF Value™: £3.27 vs. price of £4.37 (33.6% above fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Hunting Business Description

Industry EnergyOil & Gas
Address 30 Panton Street, 5th Floor, London, GBR, SW1Y 4AJ
Hunting PLC is a precision engineering group, which provides quality-assured products and services for the energy, aviation, defence, medical, and power generation sectors. It operates through five geographic segments: Hunting Titan; North America; Subsea Technologies; Europe, Middle East, and Africa; and Asia Pacific, of which Hunting Titan derives maximum revenue. Hunting has a diversified portfolio of technologies, products and services that address many areas of the energy and non-oil and gas supply chain. Its products and services include: Perforating & Logging Systems; Connection Technology & OCTG; Subsea Technologies; Advanced Manufacturing; Well Intervention Equipment; Well Test & Process Systems; Electronics; Trenchless & MWD; Organic Oil Recovery; and Others.
81GF Score

Get the complete analysis for CHIX:HTGL

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

£4.37
Price
£3.27
GF Value