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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.
Arlo Technologies's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €-0.02.
The industry rank for Arlo Technologies's Net-Net Working Capital or its related term are showing as below:
FRA:2VI's Price-to-Net-Net-Working-Capital is ranked worse than 94.14% of 478
companies
in the Construction industry
Industry Median: 6.275
vs FRA:2VI: 58.65
Arlo Technologies (FRA:2VI) 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.
Arlo Technologies Net-Net Working Capital Related Terms
Arlo Technologies Net-Net Working Capital Historical Data
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The historical data trend for Arlo Technologies'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:2VI vs ROCK, NPKI, LMB: Net-Net Working Capital Comparison
For the Building Products & Equipment subindustry, Arlo Technologies'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.
Arlo Technologies Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Arlo Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Arlo Technologies'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 €-0.02 mean?
Arlo Technologies (FRA:2VI) has a Net-Net Working Capital of €-0.02 as of Jun. 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 Arlo Technologies According to the industry distribution chart, Arlo Technologies ranks #450 out of 478 companies in the Construction industry, placing it in the top 94.1%.
Is Arlo Technologies' Net-Net Working Capital too high?
Arlo Technologies' current Net-Net Working Capital is €-0.02. Based on the distribution chart, Arlo Technologies ranks #450 out of 478 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Arlo Technologies has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arlo Technologies' Net-Net Working Capital compare to ROCK and NPKI?
According to the Construction industry distribution chart, Arlo Technologies ranks #450 out of 478 companies for Net-Net Working Capital. This places Arlo Technologies in the lower half of its industry. The industry median Net-Net Working Capital is 6.28. 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 Construction company?
The median Net-Net Working Capital among Construction companies is 6.28, based on 478 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 Arlo Technologies For the Construction industry, the median Net-Net Working Capital is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arlo Technologies's current Net-Net Working Capital is €-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arlo Technologies stock overvalued right now?
Based on GuruFocus' analysis, Arlo Technologies (FRA:2VI) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.90, compared to a current price of €13.49 — trading 36.3% above its estimated fair value. The current Net-Net Working Capital is €-0.02. Arlo Technologies' overall GF Score™ is 67/100 with 5 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 Arlo Technologies (FRA:2VI), the current Net-Net Working Capital is €-0.02 as of Jun. 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 Arlo Technologies (FRA:2VI) Overvalued in 2026?
Based on GuruFocus' analysis, Arlo Technologies stock appears to be overvalued.
The current stock price of €13.49 is trading 36.3% above its estimated GF Value™ of €9.90.
GuruFocus considers Arlo Technologies to be Significantly Overvalued.
Key valuation signals for FRA:2VI:
Net-Net Working Capital: €-0.02
GF Value™: €9.90 vs. price of €13.49 (36.3% above fair value)
No single metric tells the full story. See the FRA:2VI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. Its cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter, from any location with a Wi-Fi or cellular connection. The company offers subscription services such as Arlo Secure, Arlo Total Security, and Arlo Safe, and several categories of smart security devices, including smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras, and home security systems. Geographically, the company generates a majority of its revenue from the United States, followed by Spain, Sweden, and other countries.
67GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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