Tvardi Therapeutics (FRA:69C) Net-Net Working Capital: €1.26 (As of Mar. 2026)

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FRA:69C Tvardi Therapeutics Inc FRA:69C
19 GF Score
Price €1.20
! 1 Warning Sign
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What is Tvardi Therapeutics Net-Net Working Capital?

Tvardi Therapeutics FRA:69C -22.08% 19 Net-Net Working Capital is €1.26 as of Mar. 2026. GuruFocus rates FRA:69C with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 858 Biotechnology companies, Tvardi Therapeutics ranks better than 86.6% 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.

Tvardi Therapeutics's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €1.26.

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

FRA:69C's Price-to-Net-Net-Working-Capital is ranked better than
86.6% of 858 companies
in the Biotechnology industry
Industry Median: 5.075 vs FRA:69C: 1.46

Tvardi Therapeutics  (FRA:69C) 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.


Tvardi Therapeutics Net-Net Working Capital Related Terms


Tvardi Therapeutics Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Tvardi Therapeutics'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.

Tvardi Therapeutics Net-Net Working Capital Chart

Tvardi Therapeutics Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-4.68 -6.48 -9.67 1.79

Tvardi Therapeutics Quarterly Data
Dec22 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 -1.13 0.98 2.30 1.79 1.26

FRA:69C vs CRVO, JSPR, SKYE: Net-Net Working Capital Comparison

For the Biotechnology subindustry, Tvardi Therapeutics'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.


Tvardi Therapeutics Price-to-Net-Net-Working-Capital vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tvardi Therapeutics's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


FRA:69C
19GF Score
Tvardi Therapeutics Inc FRA:69C
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Tvardi Therapeutics Net-Net Working Capital Calculation

Tvardi Therapeutics'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)
=(26.313+0.75 * 0+0.5 * 0-9.502
-0-0)/9.381
=1.79

Tvardi Therapeutics'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)
=(21.609+0.75 * 0+0.5 * 0-9.785
-0-0)/9.381
=1.26

* 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 €1.26 mean?
Tvardi Therapeutics (FRA:69C) has a Net-Net Working Capital of €1.26 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 Tvardi Therapeutics According to the industry distribution chart, Tvardi Therapeutics ranks #115 out of 858 companies in the Biotechnology industry, placing it in the top 13.4%.
Is Tvardi Therapeutics' Net-Net Working Capital too high?
Tvardi Therapeutics' current Net-Net Working Capital is €1.26. Based on the distribution chart, Tvardi Therapeutics ranks #115 out of 858 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Tvardi Therapeutics has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Tvardi Therapeutics' Net-Net Working Capital compare to CRVO and JSPR?
According to the Biotechnology industry distribution chart, Tvardi Therapeutics ranks #115 out of 858 companies for Net-Net Working Capital. This places Tvardi Therapeutics in the top 13% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.08. 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 Biotechnology company?
The median Net-Net Working Capital among Biotechnology companies is 5.08, based on 858 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 Tvardi Therapeutics For the Biotechnology industry, the median Net-Net Working Capital is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tvardi Therapeutics's current Net-Net Working Capital is €1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tvardi Therapeutics stock overvalued right now?
Tvardi Therapeutics (FRA:69C) has a current Net-Net Working Capital of €1.26. The current Net-Net Working Capital is €1.26. Tvardi Therapeutics' overall GF Score™ is 19/100 with 1 warning sign 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 Tvardi Therapeutics (FRA:69C), the current Net-Net Working Capital is €1.26 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.

Tvardi Therapeutics Business Description

Other Exchanges TVRD:USA
Address 3 Sugar Creek Center boulevard, Suite 525, Sugar Land, TX, USA, 77478
Tvardi Therapeutics Inca clinical-stage biopharmaceutical company focused on the development of novel, oral, small molecule therapies targeting Signal Transducer and Activator of Transcription 3 (STAT3) to treat inflammatory and proliferative diseases with unmet need. Its pipeline includes two oral, small molecule STAT3 inhibitors: TTI-101 and TTI-109. TTI-101 is its first-generation direct STAT3 inhibitor, currently in Phase 1b/2 clinical development in hepatocellular carcinoma (HCC). TTI-109 is a phosphate prodrug of TTI-101 that is mechanistically identical to its parent molecule but is designed to enhance its ability to target STAT3.
19GF Score

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