EMIS (Emmis Acquisition) Net-Net Working Capital: $0.04 (As of Mar. 2026)

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EMIS Emmis Acquisition Corp EMIS
13 GF Score
Price $10.18
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What is Emmis Acquisition Net-Net Working Capital?

Emmis Acquisition EMIS 13 Net-Net Working Capital is $0.04 as of Mar. 2026. GuruFocus rates EMIS with a GF Score™ of 13/100. Among 177 Diversified Financial Services companies, Emmis Acquisition ranks worse than 91.53% 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.

Emmis Acquisition's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.04.

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

EMIS's Price-to-Net-Net-Working-Capital is ranked worse than
91.53% of 177 companies
in the Diversified Financial Services industry
Industry Median: 2.33 vs EMIS: 254.50

Emmis Acquisition  (NAS:EMIS) 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.


Emmis Acquisition Net-Net Working Capital Related Terms


Emmis Acquisition Net-Net Working Capital Historical Data

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The historical data trend for Emmis Acquisition'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.

Emmis Acquisition Net-Net Working Capital Chart

Emmis Acquisition Annual Data
Trend Dec25
Net-Net Working Capital
0.00

Emmis Acquisition Quarterly Data
May25 Sep25 Dec25 Mar26
Net-Net Working Capital 0.00 0.08 0.05 0.04

EMIS vs SAGU, LKSP, QRED: Net-Net Working Capital Comparison

For the Shell Companies subindustry, Emmis Acquisition'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.


Emmis Acquisition Price-to-Net-Net-Working-Capital vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Emmis Acquisition's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


EMIS
13GF Score
Emmis Acquisition Corp EMIS
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmis Acquisition Net-Net Working Capital Calculation

Emmis Acquisition'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.948+0.75 * 0+0.5 * 0-0.097
-0-0)/0
=N/A

Emmis Acquisition'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)
=(0.782+0.75 * 0+0.5 * 0-0.125
-0-0)/15.776
=0.04

* 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 $0.04 mean?
Emmis Acquisition (EMIS) has a Net-Net Working Capital of $0.04 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 Emmis Acquisition According to the industry distribution chart, Emmis Acquisition ranks #162 out of 177 companies in the Diversified Financial Services industry, placing it in the top 91.5%.
Is Emmis Acquisition's Net-Net Working Capital too high?
Emmis Acquisition's current Net-Net Working Capital is $0.04. The Diversified Financial Services industry median Net-Net Working Capital is 2.33. Emmis Acquisition's value of $0.04 is 98.3% below this industry median. Based on the distribution chart, Emmis Acquisition ranks #162 out of 177 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Emmis Acquisition has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Emmis Acquisition's Net-Net Working Capital compare to SAGU and LKSP?
According to the Diversified Financial Services industry distribution chart, Emmis Acquisition ranks #162 out of 177 companies for Net-Net Working Capital. This places Emmis Acquisition in the lower half of its industry. The industry median Net-Net Working Capital is 2.33. Emmis Acquisition's value of $0.04 is 98.3% 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 Diversified Financial Services company?
The median Net-Net Working Capital among Diversified Financial Services companies is 2.33, based on 177 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. Emmis Acquisition's current Net-Net Working Capital of $0.04 is 98.3% 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 Emmis Acquisition For the Diversified Financial Services industry, the median Net-Net Working Capital is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmis Acquisition's current Net-Net Working Capital is $0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmis Acquisition stock overvalued right now?
Emmis Acquisition (EMIS) has a current Net-Net Working Capital of $0.04. The current Net-Net Working Capital is $0.04 and 98.3% below the Diversified Financial Services industry median of 2.33. Emmis Acquisition's overall GF Score™ is 13/100. 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 Emmis Acquisition (EMIS), the current Net-Net Working Capital is $0.04 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.

Emmis Acquisition Business Description

Address 515 E Las Olas Boulevard, Suite 120, Fort Lauderdale, FL, USA, 33301
Emmis Acquisition Corp is a blank check company.
13GF 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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