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.
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.
SPEEH HidroelectricaFRA:E28 -0.14%16 Net-Net Working Capital is €0.00 as of . 20. GuruFocus rates FRA:E28 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 61 Utilities - Independent Power Producers companies, SPEEH Hidroelectrica ranks worse than 1639342.62% 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.
SPEEH Hidroelectrica's Net-Net Working Capital for the quarter that ended in . 20 was €0.00.
The industry rank for SPEEH Hidroelectrica's Net-Net Working Capital or its related term are showing as below:
FRA:E28's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.98 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
SPEEH Hidroelectrica (FRA:E28) 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.
SPEEH Hidroelectrica Net-Net Working Capital Related Terms
SPEEH Hidroelectrica Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for SPEEH Hidroelectrica'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.
SPEEH Hidroelectrica Net-Net Working Capital Chart
SPEEH Hidroelectrica Annual Data
Trend
Net-Net Working Capital
SPEEH Hidroelectrica Semi-Annual Data
Net-Net Working Capital
SPEEH Hidroelectrica Net-Net Working Capital Competitor Comparison
For the Utilities - Renewable subindustry, SPEEH Hidroelectrica'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.
SPEEH Hidroelectrica Price-to-Net-Net-Working-Capital vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SPEEH Hidroelectrica's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where SPEEH Hidroelectrica'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 €0.00 mean?
SPEEH Hidroelectrica (FRA:E28) has a Net-Net Working Capital of €0.00 as of . 20. 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 SPEEH Hidroelectrica According to the industry distribution chart, SPEEH Hidroelectrica ranks #999999 out of 61 companies in the Utilities - Independent Power Producers industry.
Is SPEEH Hidroelectrica's Net-Net Working Capital too high?
SPEEH Hidroelectrica's current Net-Net Working Capital is €0.00. Based on the distribution chart, SPEEH Hidroelectrica ranks #999999 out of 61 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, SPEEH Hidroelectrica has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does SPEEH Hidroelectrica's Net-Net Working Capital compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPEEH Hidroelectrica ranks #999999 out of 61 companies for Net-Net Working Capital. This places SPEEH Hidroelectrica in the lower half of its industry. The industry median Net-Net Working Capital is 6.98. 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 6.98, based on 61 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 SPEEH Hidroelectrica For the Utilities - Independent Power Producers industry, the median Net-Net Working Capital is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPEEH Hidroelectrica's current Net-Net Working Capital is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPEEH Hidroelectrica stock overvalued right now?
SPEEH Hidroelectrica (FRA:E28) has a current Net-Net Working Capital of €0.00. The current Net-Net Working Capital is €0.00. SPEEH Hidroelectrica's overall GF Score™ is 16/100 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 SPEEH Hidroelectrica (FRA:E28), the current Net-Net Working Capital is €0.00 as of . 20. 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.
SPEEH Hidroelectrica SA is the electricity producer in Romania in terms of electricity produced, a large hydro player in Europe and the main provider of ancillary services in Romania, playing an instrumental role in the security of the NES. The Company is the only producer of electricity from a hydro source that operates dispatchable production units in Romania.
16GF Score
Get the complete analysis for FRA:E28
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:E28 has been successfully added to your 
