IP Group (CHIX:IPOL) Net-Net Working Capital: £-0.12 (As of Dec. 2025)


CHIX:IPOL IP Group PLC CHIX:IPOL
38 GF Score
Price £0.67
! 6 Warning Signs
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What is IP Group Net-Net Working Capital?

IP Group CHIX:IPOL +0.30% 38 Net-Net Working Capital is £-0.12 as of Dec. 2025. GuruFocus rates CHIX:IPOL with a GF Score™ of 38/100. The stock has 6 warning signs investors should review. Among 498 Asset Management companies, IP Group ranks worse than 200803.01% 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.

IP Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was £-0.12.

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

CHIX:IPOl's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.535
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

IP Group  (CHIX:IPOl) 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.


IP Group Net-Net Working Capital Related Terms


IP Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for IP Group'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.

IP Group Net-Net Working Capital Chart

IP Group 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 -0.03 -0.08 -0.11 -0.07 -0.12

IP Group 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 -0.11 -0.11 -0.07 -0.06 -0.12

CHIX:IPOL vs BLK, BX, KKR: Net-Net Working Capital Comparison

For the Asset Management subindustry, IP Group'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.


IP Group Price-to-Net-Net-Working-Capital vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IP Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


CHIX:IPOL
38GF Score
IP Group PLC CHIX:IPOL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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IP Group Net-Net Working Capital Calculation

IP Group'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.5+0+0.75 * 0+0.5 * 0-123.5
-0-0)/883.428
=-0.12

IP Group'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.5+0+0.75 * 0+0.5 * 0-123.5
-0-0)/883.428
=-0.12

* 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 £-0.12 mean?
IP Group (CHIX:IPOL) has a Net-Net Working Capital of £-0.12 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 IP Group According to the industry distribution chart, IP Group ranks #999999 out of 498 companies in the Asset Management industry.
Is IP Group's Net-Net Working Capital too high?
IP Group's current Net-Net Working Capital is £-0.12. Based on the distribution chart, IP Group ranks #999999 out of 498 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, IP Group has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does IP Group's Net-Net Working Capital compare to BLK and BX?
According to the Asset Management industry distribution chart, IP Group ranks #999999 out of 498 companies for Net-Net Working Capital. This places IP Group in the lower half of its industry. The industry median Net-Net Working Capital is 6.54. 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 6.54, based on 498 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 IP Group For the Asset Management industry, the median Net-Net Working Capital is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IP Group's current Net-Net Working Capital is £-0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IP Group stock overvalued right now?
IP Group (CHIX:IPOL) has a current Net-Net Working Capital of £-0.12. The current Net-Net Working Capital is £-0.12. IP Group's overall GF Score™ is 38/100 with 6 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 IP Group (CHIX:IPOL), the current Net-Net Working Capital is £-0.12 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.

IP Group Business Description

Other Exchanges IPZYF:USAIPO:UKIOOA:Germany
Address 3 Pancras Square, 2nd Floor, Kings Cross, London, GBR, N1C 4AG
IP Group PLC is an early-stage science investor supporting businesses in deeptech, life sciences, and cleantech. It helps develop intellectual property-based companies through partnerships with research universities. The group provides its portfolio companies with financial capital from outside sources or its resources. IP Group also provides companies with guidance and mentorship. The group operates in the following segments: Venture Capital investing in Healthier Future thematic area, Venture Capital investing in Tech-enriched Future thematic area, Venture Capital investing in Regenerative Future thematic area, Venture Capital investing in others, and the management of third-party funds and the provision of corporate finance advice.
38GF Score

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

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