Rias AS (CHIX:RIASBC) Net-Net Working Capital: kr-43.26 (As of Mar. 2026)

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CHIX:RIASBC Rias AS CHIX:RIASBC
75 GF Score
Price kr464.00
GF Value kr430.07
! 6 Warning Signs
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What is Rias AS Net-Net Working Capital?

Rias AS CHIX:RIASBC 75 Net-Net Working Capital is kr-43.26 as of Mar. 2026. GuruFocus rates CHIX:RIASBC with a GF Score™ of 75/100 and a GF Value™ of kr430.07. The stock has 6 warning signs investors should review. Among 104 Building Materials companies, Rias AS ranks worse than 961537.5% 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.

Rias AS's Net-Net Working Capital for the quarter that ended in Mar. 2026 was kr-43.26.

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

CHIX:RIASBc's Price-to-Net-Net-Working-Capital is not ranked *
in the Building Materials industry.
Industry Median: 7.585
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rias AS  (CHIX:RIASBc) 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.


Rias AS Net-Net Working Capital Related Terms


Rias AS Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Rias AS'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.

Rias AS Net-Net Working Capital Chart

Rias AS Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.45 123.89 144.20 170.76 169.10

Rias AS Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 109.24 170.76 118.87 169.84 -43.26

CHIX:RIASBC vs CRH, VMC, MLM: Net-Net Working Capital Comparison

For the Building Materials subindustry, Rias AS'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.


Rias AS Price-to-Net-Net-Working-Capital vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Rias AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


CHIX:RIASBC
75GF Score
Rias AS CHIX:RIASBC
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rias AS Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(34.347+0.75 * 62.441+0.5 * 29.715-56.972
-0-0)/0.231
=169.10

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

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.348+0.75 * 50.732+0.5 * 36.918-78.848
-0-0)/0.231
=-43.26

* 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 kr-43.26 mean?
Rias AS (CHIX:RIASBC) has a Net-Net Working Capital of kr-43.26 as of Mar. 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 Rias AS According to the industry distribution chart, Rias AS ranks #999999 out of 104 companies in the Building Materials industry.
Is Rias AS's Net-Net Working Capital too high?
Rias AS's current Net-Net Working Capital is kr-43.26. Based on the distribution chart, Rias AS ranks #999999 out of 104 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Rias AS has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Rias AS's Net-Net Working Capital compare to CRH and VMC?
According to the Building Materials industry distribution chart, Rias AS ranks #999999 out of 104 companies for Net-Net Working Capital. This places Rias AS in the lower half of its industry. The industry median Net-Net Working Capital is 7.59. 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 Building Materials company?
The median Net-Net Working Capital among Building Materials companies is 7.59, based on 104 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 Rias AS For the Building Materials industry, the median Net-Net Working Capital is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rias AS's current Net-Net Working Capital is kr-43.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rias AS stock overvalued right now?
Rias AS (CHIX:RIASBC) has a current Net-Net Working Capital of kr-43.26. The stock's GF Value™ is kr430.07, compared to a current price of kr464.00 — trading 7.9% above its estimated fair value. The current Net-Net Working Capital is kr-43.26. Rias AS's overall GF Score™ is 75/100 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 Rias AS (CHIX:RIASBC), the current Net-Net Working Capital is kr-43.26 as of Mar. 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 Rias AS (CHIX:RIASBC) Overvalued in 2026?

Based on GuruFocus' analysis, Rias AS stock appears to be overvalued. The current stock price of kr464.00 is trading 7.9% above its estimated GF Value™ of kr430.07.

Key valuation signals for CHIX:RIASBC:

  • Net-Net Working Capital: kr-43.26
  • GF Value™: kr430.07 vs. price of kr464.00 (7.9% above fair value)
  • GF Score™: 75/100 with 6 warning signs

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


Rias AS Business Description

Other Exchanges RIAS B:Denmark
Address Industrivej 11, Roskilde, DNK, 4000
Rias AS distributes semi-manufactured plastic products for building and construction work, as well as the industry and public sector in Scandinavia. It operates through the construction and industry product sectors. The company has one operating segment and operates within two product areas, which are the Sale, processing, and distribution of semi-finished plastic products to all branches of the building and construction sector. (Construction) and the Sale, processing, and distribution of semi-finished plastic products to industry and the public sector. Key revenue is generated from domestic sales. Geographically located in Denmark, Sweden, and Other Countries. Maximum revenue is from Denmark.
75GF Score

Get the complete analysis for CHIX:RIASBC

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

kr464.00
Price
kr430.07
GF Value