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Starfighters SpaceFJET +5.74%14 Net-Net Working Capital is $0.24 as of Mar. 2026. GuruFocus rates FJET with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 116 Aerospace & Defense companies, Starfighters Space ranks worse than 70.69% 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.
Starfighters Space's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.24.
The industry rank for Starfighters Space's Net-Net Working Capital or its related term are showing as below:
FJET's Price-to-Net-Net-Working-Capital is ranked worse than 70.69% of 116
companies
in the Aerospace & Defense industry
Industry Median: 10.42
vs FJET: 17.67
Starfighters Space (AMEX:FJET) 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.
Starfighters Space Net-Net Working Capital Related Terms
Starfighters Space Net-Net Working Capital Historical Data
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The historical data trend for Starfighters Space'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.
FJET vs EVTL, SIF, SIDU: Net-Net Working Capital Comparison
For the Aerospace & Defense subindustry, Starfighters Space'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.
Starfighters Space Price-to-Net-Net-Working-Capital vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Starfighters Space's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Starfighters Space'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 $0.24 mean?
Starfighters Space (FJET) has a Net-Net Working Capital of $0.24 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 Starfighters Space According to the industry distribution chart, Starfighters Space ranks #82 out of 116 companies in the Aerospace & Defense industry, placing it in the top 70.7%.
Is Starfighters Space's Net-Net Working Capital too high?
Starfighters Space's current Net-Net Working Capital is $0.24. The Aerospace & Defense industry median Net-Net Working Capital is 10.42. Starfighters Space's value of $0.24 is 97.7% below this industry median. Based on the distribution chart, Starfighters Space ranks #82 out of 116 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Starfighters Space has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Starfighters Space's Net-Net Working Capital compare to EVTL and SIF?
According to the Aerospace & Defense industry distribution chart, Starfighters Space ranks #82 out of 116 companies for Net-Net Working Capital. This places Starfighters Space in the lower half of its industry. The industry median Net-Net Working Capital is 10.42. Starfighters Space's value of $0.24 is 97.7% 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 an Aerospace & Defense company?
The median Net-Net Working Capital among Aerospace & Defense companies is 10.42, based on 116 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. Starfighters Space's current Net-Net Working Capital of $0.24 is 97.7% 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 Starfighters Space For the Aerospace & Defense industry, the median Net-Net Working Capital is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starfighters Space's current Net-Net Working Capital is $0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starfighters Space stock overvalued right now?
Starfighters Space (FJET) has a current Net-Net Working Capital of $0.24. The current Net-Net Working Capital is $0.24 and 97.7% below the Aerospace & Defense industry median of 10.42. Starfighters Space's overall GF Score™ is 14/100 with 1 warning sign 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 Starfighters Space (FJET), the current Net-Net Working Capital is $0.24 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.
Starfighters Space Inc is a commercial aerospace company based at NASA's Kennedy Space Center in Florida, with an additional base of operations at Midland International Air & Space Port in Texas, and has a fleet of seven F-104 Fighter jets that are capable of flying MACH 2+. Its activities include air launch operations, pilot and space flight training, support research, hypersonic testing, and other aerospace development programs. The company has one operating segment, which is principally the operations of F-104 Fighter jets and the development of infrastructure for orbital space launch.
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