Ideal Power (FRA:5ILA) Net-Net Working Capital: €0.99 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:5ILA Ideal Power Inc FRA:5ILA
37 GF Score
Price €3.44
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Ideal Power Net-Net Working Capital?

Ideal Power FRA:5ILA -2.82% 37 Net-Net Working Capital is €0.99 as of Mar. 2026. GuruFocus rates FRA:5ILA with a GF Score™ of 37/100 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 533 Semiconductors companies, Ideal Power ranks better than 84.8% 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.

Ideal Power's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €0.99.

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

FRA:5ILA's Price-to-Net-Net-Working-Capital is ranked better than
84.8% of 533 companies
in the Semiconductors industry
Industry Median: 11.84 vs FRA:5ILA: 3.82

Ideal Power  (FRA:5ILA) 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.


Ideal Power Net-Net Working Capital Related Terms


Ideal Power Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Ideal Power'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.

Ideal Power Net-Net Working Capital Chart

Ideal Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 2.37 0.98 1.59 0.40

Ideal Power 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 1.29 0.91 0.63 0.40 0.99

FRA:5ILA vs NA, PXLW, SQNS: Net-Net Working Capital Comparison

For the Semiconductors subindustry, Ideal Power'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.


Ideal Power Price-to-Net-Net-Working-Capital vs Semiconductors Industry

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

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


FRA:5ILA
37GF Score
Ideal Power Inc FRA:5ILA
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ideal Power Net-Net Working Capital Calculation

Ideal Power's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.234+0.75 * 0.02+0.5 * 0.009-1.853
-0-0)/8.537
=0.40

Ideal Power'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)
=(14.196+0.75 * 0.021+0.5 * 0.036-2.292
-0-0)/12.112
=0.99

* 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 €0.99 mean?
Ideal Power (FRA:5ILA) has a Net-Net Working Capital of €0.99 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 Ideal Power According to the industry distribution chart, Ideal Power ranks #81 out of 533 companies in the Semiconductors industry, placing it in the top 15.2%.
Is Ideal Power's Net-Net Working Capital too high?
Ideal Power's current Net-Net Working Capital is €0.99. Based on the distribution chart, Ideal Power ranks #81 out of 533 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Ideal Power has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ideal Power's Net-Net Working Capital compare to NA and PXLW?
According to the Semiconductors industry distribution chart, Ideal Power ranks #81 out of 533 companies for Net-Net Working Capital. This places Ideal Power in the top 15% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 11.84. 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 Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 11.84, based on 533 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 Ideal Power For the Semiconductors industry, the median Net-Net Working Capital is 11.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideal Power's current Net-Net Working Capital is €0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Power stock overvalued right now?
Based on GuruFocus' analysis, Ideal Power (FRA:5ILA) is currently considered Possible Value Trap. The current Net-Net Working Capital is €0.99. Ideal Power's overall GF Score™ is 37/100 with 2 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 Ideal Power (FRA:5ILA), the current Net-Net Working Capital is €0.99 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.

Ideal Power Business Description

Other Exchanges IPWR:USA
Address 5508 Highway 290 West, Suite 120, Austin, TX, USA, 78735
Ideal Power Inc is engaged in the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicles, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.
37GF Score

Get the complete analysis for FRA:5ILA

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

€3.44
Price