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Myers IndustriesFRA:MJF +0.74%62 Net-Net Working Capital is €-8.56 as of Jun. 2026. GuruFocus rates FRA:MJF with a GF Score™ of 62/100 and a GF Value™ of €11.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 128 Packaging & Containers companies, Myers Industries ranks worse than 781249.22% 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.
Myers Industries's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €-8.56.
The industry rank for Myers Industries's Net-Net Working Capital or its related term are showing as below:
FRA:MJF's Price-to-Net-Net-Working-Capital is not ranked *
in the Packaging & Containers industry.
Industry Median: 5.425 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Myers Industries (FRA:MJF) 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.
Myers Industries Net-Net Working Capital Related Terms
Myers Industries Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Myers Industries'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:MJF vs OI, TRS, KRT: Net-Net Working Capital Comparison
For the Packaging & Containers subindustry, Myers Industries'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.
Myers Industries Price-to-Net-Net-Working-Capital vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Myers Industries'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 €-8.56 mean?
Myers Industries (FRA:MJF) has a Net-Net Working Capital of €-8.56 as of Jun. 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 Myers Industries According to the industry distribution chart, Myers Industries ranks #999999 out of 128 companies in the Packaging & Containers industry.
Is Myers Industries' Net-Net Working Capital too high?
Myers Industries' current Net-Net Working Capital is €-8.56. Based on the distribution chart, Myers Industries ranks #999999 out of 128 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Myers Industries has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Myers Industries' Net-Net Working Capital compare to OI and TRS?
According to the Packaging & Containers industry distribution chart, Myers Industries ranks #999999 out of 128 companies for Net-Net Working Capital. This places Myers Industries in the lower half of its industry. The industry median Net-Net Working Capital is 5.43. 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 Packaging & Containers company?
The median Net-Net Working Capital among Packaging & Containers companies is 5.43, based on 128 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 Myers Industries For the Packaging & Containers industry, the median Net-Net Working Capital is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myers Industries's current Net-Net Working Capital is €-8.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myers Industries stock overvalued right now?
Based on GuruFocus' analysis, Myers Industries (FRA:MJF) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.23, compared to a current price of €27.20 — trading 142.2% above its estimated fair value. The current Net-Net Working Capital is €-8.56. Myers Industries' overall GF Score™ is 62/100 with 7 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 Myers Industries (FRA:MJF), the current Net-Net Working Capital is €-8.56 as of Jun. 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 Myers Industries (FRA:MJF) Overvalued in 2026?
Based on GuruFocus' analysis, Myers Industries stock appears to be overvalued.
The current stock price of €27.20 is trading 142.2% above its estimated GF Value™ of €11.23.
GuruFocus considers Myers Industries to be Significantly Overvalued.
Key valuation signals for FRA:MJF:
Net-Net Working Capital: €-8.56
GF Value™: €11.23 vs. price of €27.20 (142.2% above fair value)
No single metric tells the full story. See the FRA:MJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.
62GF Score
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