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.
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.
John Wiley & Sons's Net-Net Working Capital for the quarter that ended in Apr. 2026 was €-24.80.
The industry rank for John Wiley & Sons's Net-Net Working Capital or its related term are showing as below:
FRA:2F7's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.355 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
John Wiley & Sons (FRA:2F7) 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.
John Wiley & Sons Net-Net Working Capital Related Terms
John Wiley & Sons Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for John Wiley & Sons'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:2F7 vs TDAY, SCHL, LEE: Net-Net Working Capital Comparison
For the Publishing subindustry, John Wiley & Sons'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.
John Wiley & Sons Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, John Wiley & Sons's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where John Wiley & Sons'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 €-24.80 mean?
John Wiley & Sons (FRA:2F7) has a Net-Net Working Capital of €-24.80 as of Apr. 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 John Wiley & Sons According to the industry distribution chart, John Wiley & Sons ranks #999999 out of 382 companies in the Media - Diversified industry.
Is John Wiley & Sons' Net-Net Working Capital too high?
John Wiley & Sons' current Net-Net Working Capital is €-24.80. Based on the distribution chart, John Wiley & Sons ranks #999999 out of 382 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, John Wiley & Sons has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does John Wiley & Sons' Net-Net Working Capital compare to TDAY and SCHL?
According to the Media - Diversified industry distribution chart, John Wiley & Sons ranks #999999 out of 382 companies for Net-Net Working Capital. This places John Wiley & Sons in the lower half of its industry. The industry median Net-Net Working Capital is 4.36. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.36, based on 382 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 John Wiley & Sons For the Media - Diversified industry, the median Net-Net Working Capital is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Wiley & Sons's current Net-Net Working Capital is €-24.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Wiley & Sons stock overvalued right now?
John Wiley & Sons (FRA:2F7) has a current Net-Net Working Capital of €-24.80. The stock's GF Value™ is €33.45, compared to a current price of €45.20 — trading 35.1% above its estimated fair value. The current Net-Net Working Capital is €-24.80. John Wiley & Sons' overall GF Score™ is 55/100 with 7 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 John Wiley & Sons (FRA:2F7), the current Net-Net Working Capital is €-24.80 as of Apr. 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 John Wiley & Sons (FRA:2F7) Overvalued in 2026?
Based on GuruFocus' analysis, John Wiley & Sons stock appears to be overvalued.
The current stock price of €45.20 is trading 35.1% above its estimated GF Value™ of €33.45.
Key valuation signals for FRA:2F7:
Net-Net Working Capital: €-24.80
GF Value™: €33.45 vs. price of €45.20 (35.1% above fair value)
No single metric tells the full story. See the FRA:2F7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
John Wiley & Sons Inc is a publisher and a trusted leader in research and learning. The company segment includes: Research, which includes the reporting lines of Research Publishing and Research Solutions, and Learning includes the Academic and Professional reporting lines and consists of publishing, courseware, and assessments. Its industry-principal content, services, platforms, and knowledge networks are tailored to meet the evolving needs of its customers and partners, including researchers, students, instructors, professionals, institutions, and corporations. The company empowers knowledge-seekers to transform today's obstacles into tomorrow's brightest opportunities. For more than two centuries, the company has been delivering on its timeless mission to unlock human potential.
55GF Score
Get the complete analysis for FRA:2F7
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:2F7 has been successfully added to your 
