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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.
Petrolia SE's Net-Net Working Capital for the quarter that ended in Dec. 2025 was kr0.98.
The industry rank for Petrolia SE's Net-Net Working Capital or its related term are showing as below:
CHIX:PSEo's Price-to-Net-Net-Working-Capital is ranked better than 52.36% of 191
companies
in the Oil & Gas industry
Industry Median: 6.68
vs CHIX:PSEo: 6.24
Petrolia SE (CHIX:PSEo) 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.
Petrolia SE Net-Net Working Capital Related Terms
Petrolia SE Net-Net Working Capital Historical Data
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The historical data trend for Petrolia SE'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.
CHIX:PSEO vs SLB, BKR, FTI: Net-Net Working Capital Comparison
For the Oil & Gas Equipment & Services subindustry, Petrolia SE'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.
Petrolia SE Price-to-Net-Net-Working-Capital vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petrolia SE's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Petrolia SE'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 kr0.98 mean?
Petrolia SE (CHIX:PSEO) has a Net-Net Working Capital of kr0.98 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 Petrolia SE According to the industry distribution chart, Petrolia SE ranks #91 out of 191 companies in the Oil & Gas industry, placing it in the top 47.6%.
Is Petrolia SE's Net-Net Working Capital too high?
Petrolia SE's current Net-Net Working Capital is kr0.98. Based on the distribution chart, Petrolia SE ranks #91 out of 191 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petrolia SE has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Petrolia SE's Net-Net Working Capital compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Petrolia SE ranks #91 out of 191 companies for Net-Net Working Capital. This puts Petrolia SE in the upper half of its industry. The industry median Net-Net Working Capital is 6.68. 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 6.68, based on 191 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 Petrolia SE For the Oil & Gas industry, the median Net-Net Working Capital is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petrolia SE's current Net-Net Working Capital is kr0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrolia SE stock overvalued right now?
Petrolia SE (CHIX:PSEO) has a current Net-Net Working Capital of kr0.98. The stock's GF Value™ is kr6.41, compared to a current price of kr8.30 — trading 29.5% above its estimated fair value. The current Net-Net Working Capital is kr0.98. Petrolia SE's overall GF Score™ is 74/100 with 8 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 Petrolia SE (CHIX:PSEO), the current Net-Net Working Capital is kr0.98 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 Petrolia SE (CHIX:PSEO) Overvalued in 2026?
Based on GuruFocus' analysis, Petrolia SE stock appears to be overvalued.
The current stock price of kr8.30 is trading 29.5% above its estimated GF Value™ of kr6.41.
Key valuation signals for CHIX:PSEO:
Net-Net Working Capital: kr0.98
GF Value™: kr6.41 vs. price of kr8.30 (29.5% above fair value)
No single metric tells the full story. See the CHIX:PSEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petrolia SE is engaged in the sale and rental of energy service equipment to the energy industry. The company operates in two business divisions: Energy and Energy Service. The Energy division focuses on exploration for and production of oil and gas. The Energy Service division is focused on well services for oil and gas drilling, mainly through the Independent Oil Tools AS Group. Well services are also provided for thermo and salt drilling. The group owns one landrig, drills and performs workover on land wells as a drilling contractor with this rig, and hired in rigs whenever drilling contracts are secured. Geographically, it operates in Norway, Europe outside Norway, and Asia and Australia.
74GF Score
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