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Nordic Iron Ore ABFRA:NIO +1.57%32 Net-Net Working Capital is €0.02 as of Mar. 2026. GuruFocus rates FRA:NIO with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 1,133 Metals & Mining companies, Nordic Iron Ore AB ranks worse than 89.32% 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.
Nordic Iron Ore AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €0.02.
The industry rank for Nordic Iron Ore AB's Net-Net Working Capital or its related term are showing as below:
FRA:NIO's Price-to-Net-Net-Working-Capital is ranked worse than 89.32% of 1133
companies
in the Metals & Mining industry
Industry Median: 7
vs FRA:NIO: 38.70
Nordic Iron Ore AB (FRA:NIO) 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.
Nordic Iron Ore AB Net-Net Working Capital Related Terms
Nordic Iron Ore AB Net-Net Working Capital Historical Data
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The historical data trend for Nordic Iron Ore AB'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.
Nordic Iron Ore AB Net-Net Working Capital Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nordic Iron Ore AB'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.
Nordic Iron Ore AB Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nordic Iron Ore AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Nordic Iron Ore AB'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 €0.02 mean?
Nordic Iron Ore AB (FRA:NIO) 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 Nordic Iron Ore AB According to the industry distribution chart, Nordic Iron Ore AB ranks #1012 out of 1133 companies in the Metals & Mining industry, placing it in the top 89.3%.
Is Nordic Iron Ore AB's Net-Net Working Capital too high?
Nordic Iron Ore AB's current Net-Net Working Capital is €0.02. Based on the distribution chart, Nordic Iron Ore AB ranks #1012 out of 1133 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nordic Iron Ore AB has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Iron Ore AB's Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Nordic Iron Ore AB ranks #1012 out of 1133 companies for Net-Net Working Capital. This places Nordic Iron Ore AB in the lower half of its industry. The industry median Net-Net Working Capital is 7.00. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.00, based on 1,133 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 Nordic Iron Ore AB For the Metals & Mining industry, the median Net-Net Working Capital is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Iron Ore AB'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 Nordic Iron Ore AB stock overvalued right now?
Nordic Iron Ore AB (FRA:NIO) has a current Net-Net Working Capital of €0.02. The current Net-Net Working Capital is €0.02. Nordic Iron Ore AB's overall GF Score™ is 32/100 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 Nordic Iron Ore AB (FRA:NIO), 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.
Nordic Iron Ore AB is an exploration and mining company, through the management and development of the exploration permits and mining concessions held by the company relating to iron ore deposits in Vasterbergslagen. The deposit consists of two types of iron-bearing minerals, haematite and magnetite, as well as phosphate minerals, where apatite is of interest. It operates in Blotberget, Haksberg, and Vasman regions. The company operates in single segment, namely the exploration for and evaluation of mineral resources in Sweden.
32GF Score
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