Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Everplay GroupFRA:2EC -3.88%80 Net-Net Working Capital is €0.12 as of Dec. 2025. GuruFocus rates FRA:2EC with a GF Score™ of 80/100 and a GF Value™ of €3.44 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 302 Interactive Media companies, Everplay Group ranks worse than 85.76% 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.
Everplay Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was €0.12.
The industry rank for Everplay Group's Net-Net Working Capital or its related term are showing as below:
FRA:2EC's Price-to-Net-Net-Working-Capital is ranked worse than 85.76% of 302
companies
in the Interactive Media industry
Industry Median: 4.545
vs FRA:2EC: 19.08
Everplay Group (FRA:2EC) 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.
Everplay Group Net-Net Working Capital Related Terms
Everplay Group Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Everplay Group'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.
FRA:2EC vs NTES, EA, TTWO: Net-Net Working Capital Comparison
For the Electronic Gaming & Multimedia subindustry, Everplay Group'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.
Everplay Group Price-to-Net-Net-Working-Capital vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Everplay Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Everplay Group'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 €0.12 mean?
Everplay Group (FRA:2EC) has a Net-Net Working Capital of €0.12 as of Dec. 2025. 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 Everplay Group According to the industry distribution chart, Everplay Group ranks #259 out of 302 companies in the Interactive Media industry, placing it in the top 85.8%.
Is Everplay Group's Net-Net Working Capital too high?
Everplay Group's current Net-Net Working Capital is €0.12. Based on the distribution chart, Everplay Group ranks #259 out of 302 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Everplay Group has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Everplay Group's Net-Net Working Capital compare to NTES and EA?
According to the Interactive Media industry distribution chart, Everplay Group ranks #259 out of 302 companies for Net-Net Working Capital. This places Everplay Group in the lower half of its industry. The industry median Net-Net Working Capital is 4.55. 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 4.55, 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 Everplay Group For the Interactive Media industry, the median Net-Net Working Capital is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everplay Group's current Net-Net Working Capital is €0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everplay Group stock overvalued right now?
Based on GuruFocus' analysis, Everplay Group (FRA:2EC) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.44, compared to a current price of €2.48 — trading 27.9% below its estimated fair value. The current Net-Net Working Capital is €0.12. Everplay Group's overall GF Score™ is 80/100 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 Everplay Group (FRA:2EC), the current Net-Net Working Capital is €0.12 as of Dec. 2025. 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 Everplay Group (FRA:2EC) Overvalued in 2026?
Based on GuruFocus' analysis, Everplay Group stock appears to be undervalued.
The current stock price of €2.48 is trading 27.9% below its estimated GF Value™ of €3.44.
GuruFocus considers Everplay Group to be Modestly Undervalued.
Key valuation signals for FRA:2EC:
Net-Net Working Capital: €0.12
GF Value™: €3.44 vs. price of €2.48 (27.9% below fair value)
No single metric tells the full story. See the FRA:2EC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everplay Group PLC is a holding company. Along with its subsidiaries, it is engaged in the development and publishing of independent (Indie) premium video games, working simulation games, and the development of educational entertainment apps for children. It is involved in identifying, developing, publishing, distributing, and licensing a mix of first-party and third-party IP games, with some of its IPs being Construction Simulator, Police Simulator, Bus Simulator, and Firefighting Simulator etc. The group's operating segments are Games Label, which develops and publishes video games for the digital and physical market; Simulation, which develops and publishes simulation games for the digital and physical market; and Edutainment, which develops educational entertainment apps for children.
80GF Score
Get the complete analysis for FRA:2EC
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:2EC has been successfully added to your 
