Freee KKFREKF 64 Net-Net Working Capital is $0.20 as of Dec. 2025. GuruFocus rates FREKF with a GF Score™ of 64/100 and a GF Value™ of $30.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,257 Software companies, Freee KK ranks worse than 98.25% 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.
Freee KK's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.20.
The industry rank for Freee KK's Net-Net Working Capital or its related term are showing as below:
FREKF's Price-to-Net-Net-Working-Capital is ranked worse than 98.25% of 1257
companies
in the Software industry
Industry Median: 6.84
vs FREKF: 280.75
Freee KK (OTCPK:FREKF) 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.
Freee KK Net-Net Working Capital Related Terms
Freee KK Net-Net Working Capital Historical Data
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The historical data trend for Freee KK'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.
FREKF vs UBER, SHOP, CRM: Net-Net Working Capital Comparison
For the Software - Application subindustry, Freee KK'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.
Freee KK Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Freee KK's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Freee KK'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 $0.20 mean?
Freee KK (FREKF) has a Net-Net Working Capital of $0.20 as of Dec. 2025. 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 Freee KK According to the industry distribution chart, Freee KK ranks #1235 out of 1257 companies in the Software industry, placing it in the top 98.2%.
Is Freee KK's Net-Net Working Capital too high?
Freee KK's current Net-Net Working Capital is $0.20. The Software industry median Net-Net Working Capital is 6.84. Freee KK's value of $0.20 is 97.1% below this industry median. Based on the distribution chart, Freee KK ranks #1235 out of 1257 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Freee KK has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Freee KK's Net-Net Working Capital compare to UBER and SHOP?
According to the Software industry distribution chart, Freee KK ranks #1235 out of 1257 companies for Net-Net Working Capital. This places Freee KK in the lower half of its industry. The industry median Net-Net Working Capital is 6.84. Freee KK's value of $0.20 is 97.1% below this benchmark. 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 Software company?
The median Net-Net Working Capital among Software companies is 6.84, based on 1,257 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. Freee KK's current Net-Net Working Capital of $0.20 is 97.1% below the industry median. 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 Freee KK For the Software industry, the median Net-Net Working Capital is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freee KK's current Net-Net Working Capital is $0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freee KK stock overvalued right now?
Based on GuruFocus' analysis, Freee KK (FREKF) is currently considered Possible Value Trap. The stock's GF Value™ is $30.70, compared to a current price of $11.23 — trading 63.4% below its estimated fair value. The current Net-Net Working Capital is $0.20 and 97.1% below the Software industry median of 6.84. Freee KK's overall GF Score™ is 64/100 with 3 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 Freee KK (FREKF), the current Net-Net Working Capital is $0.20 as of Dec. 2025. 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 Freee KK (FREKF) Overvalued in 2026?
Based on GuruFocus' analysis, Freee KK stock appears to be undervalued.
The current stock price of $11.23 is trading 63.4% below its estimated GF Value™ of $30.70.
GuruFocus considers Freee KK to be Possible Value Trap.
Key valuation signals for FREKF:
Net-Net Working Capital: $0.20
GF Value™: $30.70 vs. price of $11.23 (63.4% below fair value)
Industry Position: 97.1% below the Software median (#1235 of 1257)
No single metric tells the full story. See the FREKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.
64GF Score
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