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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.
Cricut's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €0.73.
The industry rank for Cricut's Net-Net Working Capital or its related term are showing as below:
FRA:398's Price-to-Net-Net-Working-Capital is ranked better than 57.65% of 1190
companies
in the Hardware industry
Industry Median: 9.275
vs FRA:398: 6.86
Cricut (FRA:398) 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.
Cricut Net-Net Working Capital Related Terms
Cricut Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Cricut'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:398 vs UMAC, CRSR, SSYS: Net-Net Working Capital Comparison
For the Computer Hardware subindustry, Cricut'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.
Cricut Price-to-Net-Net-Working-Capital vs Hardware Industry
For the Hardware industry and Technology sector, Cricut's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Cricut'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 €0.73 mean?
Cricut (FRA:398) has a Net-Net Working Capital of €0.73 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 Cricut According to the industry distribution chart, Cricut ranks #504 out of 1190 companies in the Hardware industry, placing it in the top 42.4%.
Is Cricut's Net-Net Working Capital too high?
Cricut's current Net-Net Working Capital is €0.73. Based on the distribution chart, Cricut ranks #504 out of 1190 companies in the Hardware industry, which is above the industry midpoint. Overall, Cricut has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Cricut's Net-Net Working Capital compare to UMAC and CRSR?
According to the Hardware industry distribution chart, Cricut ranks #504 out of 1190 companies for Net-Net Working Capital. This puts Cricut in the upper half of its industry. The industry median Net-Net Working Capital is 9.28. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.28, based on 1,190 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 Cricut For the Hardware industry, the median Net-Net Working Capital is 9.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cricut's current Net-Net Working Capital is €0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cricut stock overvalued right now?
Cricut (FRA:398) has a current Net-Net Working Capital of €0.73. The stock's GF Value™ is €4.57, compared to a current price of €4.94 — trading 8.1% above its estimated fair value. The current Net-Net Working Capital is €0.73. Cricut's overall GF Score™ is 65/100 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 Cricut (FRA:398), the current Net-Net Working Capital is €0.73 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 Cricut (FRA:398) Overvalued in 2026?
Based on GuruFocus' analysis, Cricut stock appears to be overvalued.
The current stock price of €4.94 is trading 8.1% above its estimated GF Value™ of €4.57.
Key valuation signals for FRA:398:
Net-Net Working Capital: €0.73
GF Value™: €4.57 vs. price of €4.94 (8.1% above fair value)
No single metric tells the full story. See the FRA:398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs and T-shirts to large-scale interior decorations. It has two segments including the Platform segment which derives revenue from monthly and annual subscription fees, purchases of digital content, and a minimal amount of the revenue allocated to unspecified future upgrades and enhancements related to the essential software and access to the Company's cloud-based services and Products segment which derives revenue from the sale of its connected machine hardware, and sale of craft, DIY, home decor products and extensions.
65GF 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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