Curasight AS (FRA:CUS) Net-Net Working Capital: €-0.02 (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:CUS Curasight AS FRA:CUS
19 GF Score
Price €2.19
! 2 Warning Signs
View Full Analysis

What is Curasight AS Net-Net Working Capital?

Curasight AS FRA:CUS -1.35% 19 Net-Net Working Capital is €-0.02 as of Mar. 2026. GuruFocus rates FRA:CUS with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 856 Biotechnology companies, Curasight AS ranks worse than 116822.31% 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.

Curasight AS's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €-0.02.

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

FRA:CUS's Price-to-Net-Net-Working-Capital is not ranked *
in the Biotechnology industry.
Industry Median: 5.065
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Curasight AS  (FRA:CUS) 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.


Curasight AS Net-Net Working Capital Related Terms


Curasight AS Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Curasight AS'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.

Curasight AS Net-Net Working Capital Chart

Curasight AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial 0.28 0.19 0.05 -0.02 0.01

Curasight AS 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 -0.05 0.04 0.00 0.01 -0.02

FRA:CUS vs VRTX, REGN, RVMD: Net-Net Working Capital Comparison

For the Biotechnology subindustry, Curasight AS'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.


Curasight AS Price-to-Net-Net-Working-Capital vs Biotechnology Industry

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

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


FRA:CUS
19GF Score
Curasight AS FRA:CUS
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Curasight AS Net-Net Working Capital Calculation

Curasight AS'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)
=(4.808+0.75 * 0+0.5 * 0-4.3
-0-0)/47.923
=0.01

Curasight AS'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)
=(2.955+0.75 * 0+0.5 * 0-3.927
-0-0)/48.352
=-0.02

* 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?
Curasight AS (FRA:CUS) has a Net-Net Working Capital of €-0.02 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 Curasight AS According to the industry distribution chart, Curasight AS ranks #999999 out of 856 companies in the Biotechnology industry.
Is Curasight AS's Net-Net Working Capital too high?
Curasight AS's current Net-Net Working Capital is €-0.02. Based on the distribution chart, Curasight AS ranks #999999 out of 856 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Curasight AS has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Curasight AS's Net-Net Working Capital compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Curasight AS ranks #999999 out of 856 companies for Net-Net Working Capital. This places Curasight AS in the lower half of its industry. The industry median Net-Net Working Capital is 5.07. 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 5.07, based on 856 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 Curasight AS For the Biotechnology industry, the median Net-Net Working Capital is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Curasight AS'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 Curasight AS stock overvalued right now?
Curasight AS (FRA:CUS) has a current Net-Net Working Capital of €-0.02. The current Net-Net Working Capital is €-0.02. Curasight AS's overall GF Score™ is 19/100 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 Curasight AS (FRA:CUS), the current Net-Net Working Capital is €-0.02 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.

Curasight AS Business Description

Other Exchanges CURAS:Sweden
Address Ole Maaloes Vej 3, Kobenhavn N, Kobenhavn, DNK, DK-2200
Curasight AS is a clinical-stage radiopharmaceutical company based in Copenhagen, Denmark, developing uTREAT, a first-in-class uPAR-targeted radioligand therapy (RLT) platform designed to treat aggressive solid tumors. The Company is focused on advancing its diagnostic and therapeutic platforms through key clinical milestones.
19GF Score

Get the complete analysis for FRA:CUS

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

€2.19
Price