Stardust Solar Energy (FRA:6330) Net-Net Working Capital: €-0.01 (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.

What is Stardust Solar Energy Net-Net Working Capital?

Stardust Solar Energy FRA:6330 Net-Net Working Capital is €-0.01 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 62 Utilities - Independent Power Producers companies, Stardust Solar Energy ranks worse than 1612901.61% 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.

Stardust Solar Energy's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €-0.01.

The industry rank for Stardust Solar Energy's Net-Net Working Capital or its related term are showing as below:

FRA:6330's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.945
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Stardust Solar Energy  (FRA:6330) 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.


Stardust Solar Energy Net-Net Working Capital Related Terms


Stardust Solar Energy Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Stardust Solar Energy'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.

Stardust Solar Energy Net-Net Working Capital Chart

Stardust Solar Energy Annual Data
Trend Dec23 Dec24 Dec25
Net-Net Working Capital
-0.01 -0.01 -0.01

Stardust Solar Energy Quarterly Data
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 -0.01 -0.01 -0.01 -0.01 -0.01

Stardust Solar Energy Net-Net Working Capital Competitor Comparison

For the Utilities - Renewable subindustry, Stardust Solar Energy'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.


Stardust Solar Energy Price-to-Net-Net-Working-Capital vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Stardust Solar Energy's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Stardust Solar Energy's Price-to-Net-Net-Working-Capital falls into.



Stardust Solar Energy Net-Net Working Capital Calculation

Stardust Solar Energy'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)
=(0.164+0.75 * 0.364+0.5 * 0.035-1.238
-0-0)/98.793
=-0.01

Stardust Solar Energy'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)
=(0.265+0.75 * 0.47+0.5 * 0.031-1.485
-0-0)/98.991
=-0.01

* 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 €-0.01 mean?
Stardust Solar Energy (FRA:6330) has a Net-Net Working Capital of €-0.01 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 Stardust Solar Energy According to the industry distribution chart, Stardust Solar Energy ranks #999999 out of 62 companies in the Utilities - Independent Power Producers industry.
Is Stardust Solar Energy's Net-Net Working Capital too high?
Stardust Solar Energy's current Net-Net Working Capital is €-0.01. Based on the distribution chart, Stardust Solar Energy ranks #999999 out of 62 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers.
How does Stardust Solar Energy's Net-Net Working Capital compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Stardust Solar Energy ranks #999999 out of 62 companies for Net-Net Working Capital. This places Stardust Solar Energy in the lower half of its industry. The industry median Net-Net Working Capital is 6.95. 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 Utilities - Independent Power Producers company?
The median Net-Net Working Capital among Utilities - Independent Power Producers companies is 6.95, based on 62 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 Stardust Solar Energy For the Utilities - Independent Power Producers industry, the median Net-Net Working Capital is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stardust Solar Energy's current Net-Net Working Capital is €-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stardust Solar Energy stock overvalued right now?
Stardust Solar Energy (FRA:6330) has a current Net-Net Working Capital of €-0.01. The current Net-Net Working Capital is €-0.01. 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 Stardust Solar Energy (FRA:6330), the current Net-Net Working Capital is €-0.01 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.

Stardust Solar Energy Business Description

Other Exchanges SUN:Canada
Address B101 - 9000 Bill Fox Way, Burnaby, BC, CAN, V5J 5J3
Stardust Solar Energy Inc is a franchisor of renewable energy installation services, including array installation, battery energy storage systems, and electric vehicle supply equipment. It lends its brand and business management services to entrepreneurs looking to enter the industry of renewable energies. The company's franchisees install and maintain clean energy systems for residential and commercial purposes. As a franchisor, the company supplies its franchisees with the following products: solar PV equipment, energy storage equipment, and electric vehicle supply equipment. In addition, the company supports its franchisees with many services, including marketing, sales, engineering, plan sets, customer service, and project management.