Quantum (FRA:QNT) Net-Net Working Capital: €-2.37 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:QNT Quantum Corp FRA:QNT
52 GF Score
Price €20.00
GF Value €2.68
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Quantum Net-Net Working Capital?

Quantum FRA:QNT +5.43% 52 Net-Net Working Capital is €-2.37 as of Jun. 2026. GuruFocus rates FRA:QNT with a GF Score™ of 52/100 and a GF Value™ of €2.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,131 Hardware companies, Quantum ranks worse than 88417.24% 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.

Quantum's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €-2.37.

The industry rank for Quantum's Net-Net Working Capital or its related term are showing as below:

FRA:QNT's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 9.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Quantum  (FRA:QNT) 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.


Quantum Net-Net Working Capital Related Terms


Quantum Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Quantum'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.

Quantum Net-Net Working Capital Chart

Quantum Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.89 -38.99 -42.00 -33.58 -16.54

Quantum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.01 -15.41 -16.13 -16.54 -2.37

FRA:QNT vs DDD, NNDM, OSS: Net-Net Working Capital Comparison

For the Computer Hardware subindustry, Quantum'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.


Quantum Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, Quantum's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Quantum's Price-to-Net-Net-Working-Capital falls into.


FRA:QNT
52GF Score
Quantum Corp FRA:QNT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quantum Net-Net Working Capital Calculation

Quantum's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.47+0.75 * 60.247+0.5 * 13.929-307.723
-0-0)/14.638
=-16.54

Quantum's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(47.262+0.75 * 57.86+0.5 * 13.189-190.719
-0-0)/39.375
=-2.37

* 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 €-2.37 mean?
Quantum (FRA:QNT) has a Net-Net Working Capital of €-2.37 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 Quantum According to the industry distribution chart, Quantum ranks #999999 out of 1131 companies in the Hardware industry.
Is Quantum's Net-Net Working Capital too high?
Quantum's current Net-Net Working Capital is €-2.37. Based on the distribution chart, Quantum ranks #999999 out of 1131 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Quantum has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quantum's Net-Net Working Capital compare to DDD and NNDM?
According to the Hardware industry distribution chart, Quantum ranks #999999 out of 1131 companies for Net-Net Working Capital. This places Quantum in the lower half of its industry. The industry median Net-Net Working Capital is 9.07. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.07, based on 1,131 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 Quantum For the Hardware industry, the median Net-Net Working Capital is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quantum's current Net-Net Working Capital is €-2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum stock overvalued right now?
Based on GuruFocus' analysis, Quantum (FRA:QNT) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.68, compared to a current price of €20.00 — trading 646.3% above its estimated fair value. The current Net-Net Working Capital is €-2.37. Quantum's overall GF Score™ is 52/100 with 8 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 Quantum (FRA:QNT), the current Net-Net Working Capital is €-2.37 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 Quantum (FRA:QNT) Overvalued in 2026?

Based on GuruFocus' analysis, Quantum stock appears to be overvalued. The current stock price of €20.00 is trading 646.3% above its estimated GF Value™ of €2.68. GuruFocus considers Quantum to be Significantly Overvalued.

Key valuation signals for FRA:QNT:

  • Net-Net Working Capital: €-2.37
  • GF Value™: €2.68 vs. price of €20.00 (646.3% above fair value)
  • GF Score™: 52/100 with 8 warning signs

No single metric tells the full story. See the FRA:QNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quantum Business Description

Other Exchanges QMCO:USA0A7S:UKQNT:Germany
Address 10770 E. Briarwood Avenue, Centennial, CO, USA, 80112
Quantum Corp is a United States-based company that delivers end-to-end data management solutions designed for unstructured data in the era of artificial intelligence (AI). It provides one of the comprehensive and cost-efficient solutions for the entire data lifecycle. The group provides solutions for video, images, audio, and other large files because this unstructured data represents. Its portfolio of products includes primary storage software and systems, secondary storage software and systems, as well as devices and media. The group operates in three geographic regions: Americas, Europe, the Middle East, and Africa (EMEA), and Asia Pacific (APAC).
52GF Score

Get the complete analysis for FRA:QNT

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.00
Price
€2.68
GF Value