FNTOF (Fronteo) Net-Net Working Capital: $-0.42 (As of Mar. 2026)


FNTOF Fronteo Inc FNTOF
52 GF Score
Price $3.76
GF Value $4.57
! 3 Warning Signs
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What is Fronteo Net-Net Working Capital?

Fronteo FNTOF 52 Net-Net Working Capital is $-0.42 as of Mar. 2026. GuruFocus rates FNTOF with a GF Score™ of 52/100 and a GF Value™ of $4.57. The stock has 3 warning signs investors should review. Among 1,256 Software companies, Fronteo ranks worse than 79617.75% 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.

Fronteo's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.42.

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

FNTOF's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 6.83
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Fronteo  (OTCPK:FNTOF) 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.


Fronteo Net-Net Working Capital Related Terms


Fronteo Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Fronteo'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.

Fronteo Net-Net Working Capital Chart

Fronteo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.35 -0.08 0.02 -0.42

Fronteo 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 0.02 -0.27 -0.33 -0.32 -0.42

FNTOF vs IBM, ACN, FISV: Net-Net Working Capital Comparison

For the Information Technology Services subindustry, Fronteo'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.


Fronteo Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, Fronteo's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


FNTOF
52GF Score
Fronteo Inc FNTOF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Fronteo Net-Net Working Capital Calculation

Fronteo'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)
=(10.931+0.75 * 7.745+0.5 * 0.944-33.764
-0-0)/39.182
=-0.42

Fronteo'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)
=(10.931+0.75 * 7.745+0.5 * 0.944-33.764
-0-0)/39.182
=-0.42

* 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 $-0.42 mean?
Fronteo (FNTOF) has a Net-Net Working Capital of $-0.42 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 Fronteo According to the industry distribution chart, Fronteo ranks #999999 out of 1256 companies in the Software industry.
Is Fronteo's Net-Net Working Capital too high?
Fronteo's current Net-Net Working Capital is $-0.42. Based on the distribution chart, Fronteo ranks #999999 out of 1256 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Fronteo has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Fronteo's Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, Fronteo ranks #999999 out of 1256 companies for Net-Net Working Capital. This places Fronteo in the lower half of its industry. The industry median Net-Net Working Capital is 6.83. 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 Software company?
The median Net-Net Working Capital among Software companies is 6.83, based on 1,256 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 Fronteo For the Software industry, the median Net-Net Working Capital is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fronteo's current Net-Net Working Capital is $-0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fronteo stock overvalued right now?
Fronteo (FNTOF) has a current Net-Net Working Capital of $-0.42. The stock's GF Value™ is $4.57, compared to a current price of $3.76 — trading 17.7% below its estimated fair value. The current Net-Net Working Capital is $-0.42. Fronteo's overall GF Score™ is 52/100 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 Fronteo (FNTOF), the current Net-Net Working Capital is $-0.42 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 Fronteo (FNTOF) Overvalued in 2026?

Based on GuruFocus' analysis, Fronteo stock appears to be undervalued. The current stock price of $3.76 is trading 17.7% below its estimated GF Value™ of $4.57.

Key valuation signals for FNTOF:

  • Net-Net Working Capital: $-0.42
  • GF Value™: $4.57 vs. price of $3.76 (17.7% below fair value)
  • GF Score™: 52/100 with 3 warning signs

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


Fronteo Business Description

Other Exchanges 2158:Japan
Address Meisan Takahama building, 2-12-23 Kounan, Minato-ku, Tokyo, JPN, 108-0075
Fronteo Inc provides solutions, employing advanced technologies, for corporate litigation strategy and crisis management. The company's resources and operation systems are organized into two operating segments - e-discovery Business and AI Solutions services. It mainly offers eDiscovery and forensic services, such as data collection, data processing, data review and document production. The company primarily serves law firms, corporate legal departments, government agencies and other professional advisors who require innovative technology, responsive service and deep subject-matter expertise. Geographically, the company receives maximum revenue from the United States.
52GF Score

Get the complete analysis for FNTOF

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

$3.76
Price
$4.57
GF Value