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Erda Resource OpportunitiesERDAF 36 Net-Net Working Capital is $0.05 as of Jan. 2026. GuruFocus rates ERDAF with a GF Score™ of 36/100. The stock has 3 warning signs investors should review. Among 1,148 Metals & Mining companies, Erda Resource Opportunities ranks better than 89.72% 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.
The industry rank for Erda Resource Opportunities's Net-Net Working Capital or its related term are showing as below:
ERDAF's Price-to-Net-Net-Working-Capital is ranked better than 89.72% of 1148
companies
in the Metals & Mining industry
Industry Median: 7.6
vs ERDAF: 2.00
Erda Resource Opportunities (OTCPK:ERDAF) 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.
Erda Resource Opportunities Net-Net Working Capital Related Terms
Erda Resource Opportunities Net-Net Working Capital Historical Data
* 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.
Erda Resource Opportunities Net-Net Working Capital Chart
Erda Resource Opportunities Net-Net Working Capital Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Erda Resource Opportunities'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.
Erda Resource Opportunities Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Erda Resource Opportunities's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Erda Resource Opportunities'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 $0.05 mean?
Erda Resource Opportunities (ERDAF) has a Net-Net Working Capital of $0.05 as of Jan. 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 Erda Resource Opportunities According to the industry distribution chart, Erda Resource Opportunities ranks #118 out of 1148 companies in the Metals & Mining industry, placing it in the top 10.3%.
Is Erda Resource Opportunities' Net-Net Working Capital too high?
Erda Resource Opportunities' current Net-Net Working Capital is $0.05. The Metals & Mining industry median Net-Net Working Capital is 7.60. Erda Resource Opportunities' value of $0.05 is 99.3% below this industry median. Based on the distribution chart, Erda Resource Opportunities ranks #118 out of 1148 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Erda Resource Opportunities has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Erda Resource Opportunities' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Erda Resource Opportunities ranks #118 out of 1148 companies for Net-Net Working Capital. This places Erda Resource Opportunities in the top 10% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.60. Erda Resource Opportunities' value of $0.05 is 99.3% 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.60, based on 1,148 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. Erda Resource Opportunities's current Net-Net Working Capital of $0.05 is 99.3% 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 Erda Resource Opportunities For the Metals & Mining industry, the median Net-Net Working Capital is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erda Resource Opportunities's current Net-Net Working Capital is $0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erda Resource Opportunities stock overvalued right now?
Erda Resource Opportunities (ERDAF) has a current Net-Net Working Capital of $0.05. The current Net-Net Working Capital is $0.05 and 99.3% below the Metals & Mining industry median of 7.60. Erda Resource Opportunities' overall GF Score™ is 36/100 with 3 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 Erda Resource Opportunities (ERDAF), the current Net-Net Working Capital is $0.05 as of Jan. 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.
Fancamp Exploration Ltd is a mineral exploration corporation dedicated to its value-added approach of advancing mineral properties through exploration and development. The company owns numerous mineral resource properties in Quebec, Ontario and New Brunswick, including gold, rare earth metals, strategic and base metals, zinc, chromium, titanium and others.
36GF Score
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