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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.
The industry rank for Zaklady Magnezytowe Ropczyce's Net-Net Working Capital or its related term are showing as below:
FRA:QL7's Price-to-Net-Net-Working-Capital is ranked worse than 65.38% of 104
companies
in the Building Materials industry
Industry Median: 7.585
vs FRA:QL7: 10.92
Zaklady Magnezytowe Ropczyce (FRA:QL7) 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.
Zaklady Magnezytowe Ropczyce Net-Net Working Capital Related Terms
Zaklady Magnezytowe Ropczyce Net-Net Working Capital Historical Data
* 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.
Zaklady Magnezytowe Ropczyce Net-Net Working Capital Chart
FRA:QL7 vs CRH, VMC, MLM: Net-Net Working Capital Comparison
For the Building Materials subindustry, Zaklady Magnezytowe Ropczyce'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.
Zaklady Magnezytowe Ropczyce Price-to-Net-Net-Working-Capital vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Zaklady Magnezytowe Ropczyce's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Zaklady Magnezytowe Ropczyce'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 €0.51 mean?
Zaklady Magnezytowe Ropczyce (FRA:QL7) has a Net-Net Working Capital of €0.51 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 Zaklady Magnezytowe Ropczyce According to the industry distribution chart, Zaklady Magnezytowe Ropczyce ranks #68 out of 104 companies in the Building Materials industry, placing it in the top 65.4%.
Is Zaklady Magnezytowe Ropczyce's Net-Net Working Capital too high?
Zaklady Magnezytowe Ropczyce's current Net-Net Working Capital is €0.51. Based on the distribution chart, Zaklady Magnezytowe Ropczyce ranks #68 out of 104 companies in the Building Materials industry, which is below the industry midpoint. Overall, Zaklady Magnezytowe Ropczyce has a GF Score™ of 30/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zaklady Magnezytowe Ropczyce's Net-Net Working Capital compare to CRH and VMC?
According to the Building Materials industry distribution chart, Zaklady Magnezytowe Ropczyce ranks #68 out of 104 companies for Net-Net Working Capital. This places Zaklady Magnezytowe Ropczyce in the lower half of its industry. The industry median Net-Net Working Capital is 7.59. 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 Building Materials company?
The median Net-Net Working Capital among Building Materials companies is 7.59, based on 104 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 Zaklady Magnezytowe Ropczyce For the Building Materials industry, the median Net-Net Working Capital is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zaklady Magnezytowe Ropczyce's current Net-Net Working Capital is €0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zaklady Magnezytowe Ropczyce stock overvalued right now?
Based on GuruFocus' analysis, Zaklady Magnezytowe Ropczyce (FRA:QL7) is currently considered Fairly Valued. The stock's GF Value™ is €5.17, compared to a current price of €5.46 — trading 5.6% above its estimated fair value. The current Net-Net Working Capital is €0.51. Zaklady Magnezytowe Ropczyce's overall GF Score™ is 30/100 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 Zaklady Magnezytowe Ropczyce (FRA:QL7), the current Net-Net Working Capital is €0.51 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 Zaklady Magnezytowe Ropczyce (FRA:QL7) Overvalued in 2026?
Based on GuruFocus' analysis, Zaklady Magnezytowe Ropczyce stock appears to be overvalued.
The current stock price of €5.46 is trading 5.6% above its estimated GF Value™ of €5.17.
GuruFocus considers Zaklady Magnezytowe Ropczyce to be Fairly Valued.
Key valuation signals for FRA:QL7:
Net-Net Working Capital: €0.51
GF Value™: €5.17 vs. price of €5.46 (5.6% above fair value)
No single metric tells the full story. See the FRA:QL7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zaklady Magnezytowe Ropczyce SA is involved in manufacturing and selling basic and aluminosilicate refractory materials in Poland and internationally. It offers burned shaped refractories, including magnesia, magnesia-chrome, and magnesia-spinel among others. The company also provides unburned shaped refractories, Unshaped refractories, Special Refractories and Monolithic roofs for electric arc furnaces among others.
30GF Score
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