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.
Helen Of Troy's Net-Net Working Capital for the quarter that ended in May. 2026 was €-27.14.
The industry rank for Helen Of Troy's Net-Net Working Capital or its related term are showing as below:
FRA:HT2's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.51 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Helen Of Troy (FRA:HT2) 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.
Helen Of Troy Net-Net Working Capital Related Terms
Helen Of Troy Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Helen Of Troy'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:HT2 vs ODD, MAGN, HNST: Net-Net Working Capital Comparison
For the Household & Personal Products subindustry, Helen Of Troy'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.
Helen Of Troy Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Helen Of Troy's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Helen Of Troy'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 €-27.14 mean?
Helen Of Troy (FRA:HT2) has a Net-Net Working Capital of €-27.14 as of May. 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 Helen Of Troy According to the industry distribution chart, Helen Of Troy ranks #999999 out of 661 companies in the Consumer Packaged Goods industry.
Is Helen Of Troy's Net-Net Working Capital too high?
Helen Of Troy's current Net-Net Working Capital is €-27.14. Based on the distribution chart, Helen Of Troy ranks #999999 out of 661 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Helen Of Troy has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Helen Of Troy's Net-Net Working Capital compare to ODD and MAGN?
According to the Consumer Packaged Goods industry distribution chart, Helen Of Troy ranks #999999 out of 661 companies for Net-Net Working Capital. This places Helen Of Troy in the lower half of its industry. The industry median Net-Net Working Capital is 6.51. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.51, based on 661 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 Helen Of Troy For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helen Of Troy's current Net-Net Working Capital is €-27.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helen Of Troy stock overvalued right now?
Helen Of Troy (FRA:HT2) has a current Net-Net Working Capital of €-27.14. The stock's GF Value™ is €46.55, compared to a current price of €22.80 — trading 51% below its estimated fair value. The current Net-Net Working Capital is €-27.14. Helen Of Troy's overall GF Score™ is 63/100 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 Helen Of Troy (FRA:HT2), the current Net-Net Working Capital is €-27.14 as of May. 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.
Is Helen Of Troy (FRA:HT2) Overvalued in 2026?
Based on GuruFocus' analysis, Helen Of Troy stock appears to be undervalued.
The current stock price of €22.80 is trading 51% below its estimated GF Value™ of €46.55.
Key valuation signals for FRA:HT2:
Net-Net Working Capital: €-27.14
GF Value™: €46.55 vs. price of €22.80 (51% below fair value)
No single metric tells the full story. See the FRA:HT2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helen Of Troy Ltd is a consumer products company offering creative products and solutions for its customers through a diversified portfolio of brands. It has two operating segments: Home and Outdoor segment provides a broad range of consumer products for home activities such as food preparation, cooking, cleaning, and organization; as well as products for outdoor and on-the-go activities such as hydration, food storage, backpacks, and travel gear, and The Beauty and Wellness segment provides beauty and wellness products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans.
63GF Score
Get the complete analysis for FRA:HT2
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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