EBCRY (Embracer Group AB) Net-Net Working Capital: $-0.27 (As of Mar. 2026)

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EBCRY Embracer Group AB EBCRY
45 GF Score
Price $6.46
GF Value $3.91
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Embracer Group AB Net-Net Working Capital?

Embracer Group AB EBCRY 45 Net-Net Working Capital is $-0.27 as of Mar. 2026. GuruFocus rates EBCRY with a GF Score™ of 45/100 and a GF Value™ of $3.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 302 Interactive Media companies, Embracer Group AB ranks worse than 331125.5% 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.

Embracer Group AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.27.

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

EBCRY's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 4.615
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Embracer Group AB  (OTCPK:EBCRY) 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.


Embracer Group AB Net-Net Working Capital Related Terms


Embracer Group AB Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Embracer Group AB'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.

Embracer Group AB Net-Net Working Capital Chart

Embracer Group AB Annual Data
Trend Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.16 -18.48 -14.84 -1.02 -0.27

Embracer Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -1.02 -0.87 -0.70 -0.74 -0.27

EBCRY vs NTES, EA, TTWO: Net-Net Working Capital Comparison

For the Electronic Gaming & Multimedia subindustry, Embracer Group AB'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.


Embracer Group AB Price-to-Net-Net-Working-Capital vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Embracer Group AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


EBCRY
45GF Score
Embracer Group AB EBCRY
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Embracer Group AB Net-Net Working Capital Calculation

Embracer Group AB's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(532.027+0.75 * 198.128+0.5 * 84.253-779.955
-0-3.864)/223.198
=-0.27

Embracer Group AB'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)
=(532.027+0.75 * 198.128+0.5 * 84.253-779.955
-0-3.864)/223.198
=-0.27

* 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 $-0.27 mean?
Embracer Group AB (EBCRY) has a Net-Net Working Capital of $-0.27 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 Embracer Group AB According to the industry distribution chart, Embracer Group AB ranks #999999 out of 302 companies in the Interactive Media industry.
Is Embracer Group AB's Net-Net Working Capital too high?
Embracer Group AB's current Net-Net Working Capital is $-0.27. Based on the distribution chart, Embracer Group AB ranks #999999 out of 302 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Embracer Group AB has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embracer Group AB's Net-Net Working Capital compare to NTES and EA?
According to the Interactive Media industry distribution chart, Embracer Group AB ranks #999999 out of 302 companies for Net-Net Working Capital. This places Embracer Group AB in the lower half of its industry. The industry median Net-Net Working Capital is 4.62. 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 Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.62, based on 302 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 Embracer Group AB For the Interactive Media industry, the median Net-Net Working Capital is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Embracer Group AB's current Net-Net Working Capital is $-0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embracer Group AB stock overvalued right now?
Based on GuruFocus' analysis, Embracer Group AB (EBCRY) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.91, compared to a current price of $6.46 — trading 65.2% above its estimated fair value. The current Net-Net Working Capital is $-0.27. Embracer Group AB's overall GF Score™ is 45/100 with 4 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 Embracer Group AB (EBCRY), the current Net-Net Working Capital is $-0.27 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 Embracer Group AB (EBCRY) Overvalued in 2026?

Based on GuruFocus' analysis, Embracer Group AB stock appears to be overvalued. The current stock price of $6.46 is trading 65.2% above its estimated GF Value™ of $3.91. GuruFocus considers Embracer Group AB to be Significantly Overvalued.

Key valuation signals for EBCRY:

  • Net-Net Working Capital: $-0.27
  • GF Value™: $3.91 vs. price of $6.46 (65.2% above fair value)
  • GF Score™: 45/100 with 4 warning signs

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


Embracer Group AB Business Description

Address Tullhusgatan 1B, Karlstad, SWE, 652 09
Embracer Group AB is a parent company of businesses led by entrepreneurs in PC, console, mobile, and board games and other related media. The Group has an extensive catalog of several owned or controlled franchises and has a presence in various regions through its operative groups, namely THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, and others. Its operating segments are: PC/Console Games, Mobile Games, and Entertainment & Services. Maximum revenue is derived from the Entertainment & Services segment, which is engaged in the development, publishing, and distribution of comic books, wholesale of publishing titles of games for console and PC, as well as films, and externally distributes films and TV series. Geographically, the Group generates maximum revenue from the USA.
45GF Score

Get the complete analysis for EBCRY

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

$6.46
Price
$3.91
GF Value