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Pacific Metals CoFRA:PYV -1.59%61 Net-Net Working Capital is €6.82 as of Mar. 2026. GuruFocus rates FRA:PYV with a GF Score™ of 61/100 and a GF Value™ of €6.22 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,130 Metals & Mining companies, Pacific Metals Co ranks better than 89.47% 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.
Pacific Metals Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €6.82.
The industry rank for Pacific Metals Co's Net-Net Working Capital or its related term are showing as below:
FRA:PYV's Price-to-Net-Net-Working-Capital is ranked better than 89.47% of 1130
companies
in the Metals & Mining industry
Industry Median: 7
vs FRA:PYV: 1.90
Pacific Metals Co (FRA:PYV) 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.
Pacific Metals Co Net-Net Working Capital Related Terms
Pacific Metals Co Net-Net Working Capital Historical Data
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The historical data trend for Pacific Metals Co'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.
Pacific Metals Co Net-Net Working Capital Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Pacific Metals Co'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.
Pacific Metals Co Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pacific Metals Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Pacific Metals Co'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 €6.82 mean?
Pacific Metals Co (FRA:PYV) has a Net-Net Working Capital of €6.82 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 Pacific Metals Co According to the industry distribution chart, Pacific Metals Co ranks #119 out of 1130 companies in the Metals & Mining industry, placing it in the top 10.5%.
Is Pacific Metals Co's Net-Net Working Capital too high?
Pacific Metals Co's current Net-Net Working Capital is €6.82. Based on the distribution chart, Pacific Metals Co ranks #119 out of 1130 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Pacific Metals Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Metals Co's Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Pacific Metals Co ranks #119 out of 1130 companies for Net-Net Working Capital. This places Pacific Metals Co in the top 11% of its industry — outperforming the majority of peers. 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 1,130 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 Pacific Metals Co 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. Pacific Metals Co's current Net-Net Working Capital is €6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Metals Co stock overvalued right now?
Based on GuruFocus' analysis, Pacific Metals Co (FRA:PYV) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.22, compared to a current price of €12.40 — trading 99.4% above its estimated fair value. The current Net-Net Working Capital is €6.82. Pacific Metals Co's overall GF Score™ is 61/100 with 2 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 Pacific Metals Co (FRA:PYV), the current Net-Net Working Capital is €6.82 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.
Is Pacific Metals Co (FRA:PYV) Overvalued in 2026?
Based on GuruFocus' analysis, Pacific Metals Co stock appears to be overvalued.
The current stock price of €12.40 is trading 99.4% above its estimated GF Value™ of €6.22.
GuruFocus considers Pacific Metals Co to be Significantly Overvalued.
Key valuation signals for FRA:PYV:
Net-Net Working Capital: €6.82
GF Value™: €6.22 vs. price of €12.40 (99.4% above fair value)
No single metric tells the full story. See the FRA:PYV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pacific Metals Co Ltd manufactures and distributes ferronickel and slag products. The company mainly manufactures ferronickel, stainless steel, and electrical power. It also produces processed ferro-nickel slag which is obtained as a by-product in the smelting process. The firm also engages in nickel mine development projects in the Philippines.
61GF Score
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