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HusCompagniet ASFRA:HCE 66 Net-Net Working Capital is €-7.33 as of Dec. 2025. GuruFocus rates FRA:HCE with a GF Score™ of 66/100 and a GF Value™ of €6.79. The stock has 5 warning signs investors should review. Among 33 Homebuilding & Construction companies, HusCompagniet AS ranks worse than 3030300% 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.
HusCompagniet AS's Net-Net Working Capital for the quarter that ended in Dec. 2025 was €-7.33.
The industry rank for HusCompagniet AS's Net-Net Working Capital or its related term are showing as below:
FRA:HCE's Price-to-Net-Net-Working-Capital is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 7.18 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
HusCompagniet AS (FRA:HCE) 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.
HusCompagniet AS Net-Net Working Capital Related Terms
HusCompagniet AS Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for HusCompagniet 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.
FRA:HCE vs DHI, PHM, LEN: Net-Net Working Capital Comparison
For the Residential Construction subindustry, HusCompagniet 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.
HusCompagniet AS Price-to-Net-Net-Working-Capital vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, HusCompagniet AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where HusCompagniet AS'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 €-7.33 mean?
HusCompagniet AS (FRA:HCE) has a Net-Net Working Capital of €-7.33 as of Dec. 2025. 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 HusCompagniet AS According to the industry distribution chart, HusCompagniet AS ranks #999999 out of 33 companies in the Homebuilding & Construction industry.
Is HusCompagniet AS's Net-Net Working Capital too high?
HusCompagniet AS's current Net-Net Working Capital is €-7.33. Based on the distribution chart, HusCompagniet AS ranks #999999 out of 33 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, HusCompagniet AS has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does HusCompagniet AS's Net-Net Working Capital compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, HusCompagniet AS ranks #999999 out of 33 companies for Net-Net Working Capital. This places HusCompagniet AS in the lower half of its industry. The industry median Net-Net Working Capital is 7.18. 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 Homebuilding & Construction company?
The median Net-Net Working Capital among Homebuilding & Construction companies is 7.18, based on 33 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 HusCompagniet AS For the Homebuilding & Construction industry, the median Net-Net Working Capital is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HusCompagniet AS's current Net-Net Working Capital is €-7.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HusCompagniet AS stock overvalued right now?
HusCompagniet AS (FRA:HCE) has a current Net-Net Working Capital of €-7.33. The stock's GF Value™ is €6.79, compared to a current price of €4.52 — trading 33.4% below its estimated fair value. The current Net-Net Working Capital is €-7.33. HusCompagniet AS's overall GF Score™ is 66/100 with 5 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 HusCompagniet AS (FRA:HCE), the current Net-Net Working Capital is €-7.33 as of Dec. 2025. 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.
Is HusCompagniet AS (FRA:HCE) Overvalued in 2026?
Based on GuruFocus' analysis, HusCompagniet AS stock appears to be undervalued.
The current stock price of €4.52 is trading 33.4% below its estimated GF Value™ of €6.79.
Key valuation signals for FRA:HCE:
Net-Net Working Capital: €-7.33
GF Value™: €6.79 vs. price of €4.52 (33.4% below fair value)
No single metric tells the full story. See the FRA:HCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HusCompagniet AS is a house builder in the Nordic region. It is engaged in the construction and sale of single-family houses in Denmark and Sweden. It delivers high-quality single-family houses with great value for money. The company's operating segments include Detached houses in Denmark, Semi-detached and wooden-frame houses in Denmark, and the Wooden segment. It generates maximum revenue from Detached houses in Denmark. The detached houses in the Denmark segment comprise brick houses built on-site and plots. Geographically, it generates the majority of its revenue from Denmark.
66GF Score
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