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Nrj GroupFRA:NR8 +0.33%76 Net-Net Working Capital is €3.94 as of Jun. 2026. GuruFocus rates FRA:NR8 with a GF Score™ of 76/100 and a GF Value™ of €6.27 (Fairly Valued). The stock has 5 warning signs investors should review. Among 389 Media - Diversified companies, Nrj Group ranks better than 81.49% 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.
Nrj Group's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €3.94.
The industry rank for Nrj Group's Net-Net Working Capital or its related term are showing as below:
FRA:NR8's Price-to-Net-Net-Working-Capital is ranked better than 81.49% of 389
companies
in the Media - Diversified industry
Industry Median: 4.47
vs FRA:NR8: 1.57
Nrj Group (FRA:NR8) 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.
Nrj Group Net-Net Working Capital Related Terms
Nrj Group Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Nrj Group'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:NR8 vs NXST, NMAX: Net-Net Working Capital Comparison
For the Broadcasting subindustry, Nrj Group'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.
Nrj Group Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nrj Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Nrj Group'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 €3.94 mean?
Nrj Group (FRA:NR8) has a Net-Net Working Capital of €3.94 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 Nrj Group According to the industry distribution chart, Nrj Group ranks #72 out of 389 companies in the Media - Diversified industry, placing it in the top 18.5%.
Is Nrj Group's Net-Net Working Capital too high?
Nrj Group's current Net-Net Working Capital is €3.94. Based on the distribution chart, Nrj Group ranks #72 out of 389 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Nrj Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nrj Group's Net-Net Working Capital compare to NXST and NMAX?
According to the Media - Diversified industry distribution chart, Nrj Group ranks #72 out of 389 companies for Net-Net Working Capital. This places Nrj Group in the top 19% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 4.47. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.47, based on 389 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 Nrj Group For the Media - Diversified industry, the median Net-Net Working Capital is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nrj Group's current Net-Net Working Capital is €3.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nrj Group stock overvalued right now?
Based on GuruFocus' analysis, Nrj Group (FRA:NR8) is currently considered Fairly Valued. The stock's GF Value™ is €6.27, compared to a current price of €6.00 — trading 4.3% below its estimated fair value. The current Net-Net Working Capital is €3.94. Nrj Group's overall GF Score™ is 76/100 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 Nrj Group (FRA:NR8), the current Net-Net Working Capital is €3.94 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 Nrj Group (FRA:NR8) Overvalued in 2026?
Based on GuruFocus' analysis, Nrj Group stock appears to be undervalued.
The current stock price of €6.00 is trading 4.3% below its estimated GF Value™ of €6.27.
GuruFocus considers Nrj Group to be Fairly Valued.
Key valuation signals for FRA:NR8:
Net-Net Working Capital: €3.94
GF Value™: €6.27 vs. price of €6.00 (4.3% below fair value)
No single metric tells the full story. See the FRA:NR8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NRJ Group is a French media company active in radio, television, and audio production. Its core business is radio broadcasting, operating major French networks including NRJ, Chérie FM, Nostalgie, and Rire & Chansons, funded primarily by advertising sales. The group also operates television channels, notably NRJ 12 and Chérie 25, and holds radio assets internationally through subsidiaries and brand licensing, with NRJ and Nostalgie among the most widely distributed French radio brands abroad. In addition, NRJ Group produces and distributes music and entertainment content, runs live events and concerts, and has interests in musical theatre production. Its audience is primarily French-speaking listeners and viewers, complemented by international audiences reached through owned stations, partnerships, and licensing agreements. Revenue comes mainly from advertising across its radio and television networks, along with content production, events, and licensing activities.
76GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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