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Clinuvel PharmaceuticalsCLVLF 87 Net-Net Working Capital is $3.03 as of Dec. 2025. GuruFocus rates CLVLF with a GF Score™ of 87/100 and a GF Value™ of $12.49 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 856 Biotechnology companies, Clinuvel Pharmaceuticals ranks better than 78.39% 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.
Clinuvel Pharmaceuticals's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $3.03.
The industry rank for Clinuvel Pharmaceuticals's Net-Net Working Capital or its related term are showing as below:
CLVLF's Price-to-Net-Net-Working-Capital is ranked better than 78.39% of 856
companies
in the Biotechnology industry
Industry Median: 5.045
vs CLVLF: 1.98
Clinuvel Pharmaceuticals (OTCPK:CLVLF) 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.
Clinuvel Pharmaceuticals Net-Net Working Capital Related Terms
Clinuvel Pharmaceuticals Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Clinuvel Pharmaceuticals'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.
Clinuvel Pharmaceuticals Net-Net Working Capital Chart
CLVLF vs VRTX, REGN, RVMD: Net-Net Working Capital Comparison
For the Biotechnology subindustry, Clinuvel Pharmaceuticals'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.
Clinuvel Pharmaceuticals Price-to-Net-Net-Working-Capital vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Clinuvel Pharmaceuticals's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Clinuvel Pharmaceuticals'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 $3.03 mean?
Clinuvel Pharmaceuticals (CLVLF) has a Net-Net Working Capital of $3.03 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 Clinuvel Pharmaceuticals According to the industry distribution chart, Clinuvel Pharmaceuticals ranks #185 out of 856 companies in the Biotechnology industry, placing it in the top 21.6%.
Is Clinuvel Pharmaceuticals' Net-Net Working Capital too high?
Clinuvel Pharmaceuticals' current Net-Net Working Capital is $3.03. The Biotechnology industry median Net-Net Working Capital is 5.05. Clinuvel Pharmaceuticals' value of $3.03 is 39.9% below this industry median. Based on the distribution chart, Clinuvel Pharmaceuticals ranks #185 out of 856 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Clinuvel Pharmaceuticals has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clinuvel Pharmaceuticals' Net-Net Working Capital compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Clinuvel Pharmaceuticals ranks #185 out of 856 companies for Net-Net Working Capital. This places Clinuvel Pharmaceuticals in the top 22% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.05. Clinuvel Pharmaceuticals' value of $3.03 is 39.9% below this benchmark. 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 Biotechnology company?
The median Net-Net Working Capital among Biotechnology companies is 5.05, based on 856 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. Clinuvel Pharmaceuticals's current Net-Net Working Capital of $3.03 is 39.9% below the industry median. 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 Clinuvel Pharmaceuticals For the Biotechnology industry, the median Net-Net Working Capital is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clinuvel Pharmaceuticals's current Net-Net Working Capital is $3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clinuvel Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Clinuvel Pharmaceuticals (CLVLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $12.49, compared to a current price of $6.37 — trading 49% below its estimated fair value. The current Net-Net Working Capital is $3.03 and 39.9% below the Biotechnology industry median of 5.05. Clinuvel Pharmaceuticals' overall GF Score™ is 87/100 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 Clinuvel Pharmaceuticals (CLVLF), the current Net-Net Working Capital is $3.03 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 Clinuvel Pharmaceuticals (CLVLF) Overvalued in 2026?
Based on GuruFocus' analysis, Clinuvel Pharmaceuticals stock appears to be undervalued.
The current stock price of $6.37 is trading 49% below its estimated GF Value™ of $12.49.
GuruFocus considers Clinuvel Pharmaceuticals to be Significantly Undervalued.
Key valuation signals for CLVLF:
Net-Net Working Capital: $3.03
GF Value™: $12.49 vs. price of $6.37 (49% below fair value)
Industry Position: 39.9% below the Biotechnology median (#185 of 856)
No single metric tells the full story. See the CLVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clinuvel distributes a single product, Scenesse, the only approved treatment for phototoxic reactions specifically associated with a rare genetic disease called erythropoietic protoporphyria. EPP causes extreme pain or burns from brief exposure to light, affecting a patient's quality of life. Scenesse is a patented dissolvable implant, comparable in size with a rice grain, injected underneath the skin roughly every three months for ongoing protection. The implant controls the release of a synthetic drug which promotes the production of more melanin, thereby reducing pain and increasing tolerance for light exposure. The majority of Clinuvel's earnings stem from Europe and the US.
87GF Score
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