Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
FRNT FinancialFRFLF +12.57%18 Net-Net Working Capital is $0.03 as of Mar. 2026. GuruFocus rates FRFLF with a GF Score™ of 18/100 and a GF Value™ of $0.27 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 278 Capital Markets companies, FRNT Financial ranks better than 63.31% 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.
FRNT Financial's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.03.
The industry rank for FRNT Financial's Net-Net Working Capital or its related term are showing as below:
FRFLF's Price-to-Net-Net-Working-Capital is ranked better than 63.31% of 278
companies
in the Capital Markets industry
Industry Median: 4.55
vs FRFLF: 2.63
FRNT Financial (OTCPK:FRFLF) 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.
FRNT Financial Net-Net Working Capital Related Terms
FRNT Financial Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for FRNT Financial'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.
FRFLF vs MS, GS, SCHW: Net-Net Working Capital Comparison
For the Capital Markets subindustry, FRNT Financial'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.
FRNT Financial Price-to-Net-Net-Working-Capital vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, FRNT Financial's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where FRNT Financial'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 $0.03 mean?
FRNT Financial (FRFLF) has a Net-Net Working Capital of $0.03 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 FRNT Financial According to the industry distribution chart, FRNT Financial ranks #102 out of 278 companies in the Capital Markets industry, placing it in the top 36.7%.
Is FRNT Financial's Net-Net Working Capital too high?
FRNT Financial's current Net-Net Working Capital is $0.03. The Capital Markets industry median Net-Net Working Capital is 4.55. FRNT Financial's value of $0.03 is 99.3% below this industry median. Based on the distribution chart, FRNT Financial ranks #102 out of 278 companies in the Capital Markets industry, which is above the industry midpoint. Overall, FRNT Financial has a GF Score™ of 18/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FRNT Financial's Net-Net Working Capital compare to MS and GS?
According to the Capital Markets industry distribution chart, FRNT Financial ranks #102 out of 278 companies for Net-Net Working Capital. This puts FRNT Financial in the upper half of its industry. The industry median Net-Net Working Capital is 4.55. FRNT Financial's value of $0.03 is 99.3% 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 Capital Markets company?
The median Net-Net Working Capital among Capital Markets companies is 4.55, based on 278 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. FRNT Financial's current Net-Net Working Capital of $0.03 is 99.3% 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 FRNT Financial For the Capital Markets industry, the median Net-Net Working Capital is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FRNT Financial's current Net-Net Working Capital is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FRNT Financial stock overvalued right now?
Based on GuruFocus' analysis, FRNT Financial (FRFLF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.27, compared to a current price of $0.08 — trading 70.8% below its estimated fair value. The current Net-Net Working Capital is $0.03 and 99.3% below the Capital Markets industry median of 4.55. FRNT Financial's overall GF Score™ is 18/100 with 4 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 FRNT Financial (FRFLF), the current Net-Net Working Capital is $0.03 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 FRNT Financial (FRFLF) Overvalued in 2026?
Based on GuruFocus' analysis, FRNT Financial stock appears to be undervalued.
The current stock price of $0.08 is trading 70.8% below its estimated GF Value™ of $0.27.
GuruFocus considers FRNT Financial to be Possible Value Trap.
Key valuation signals for FRFLF:
Net-Net Working Capital: $0.03
GF Value™: $0.27 vs. price of $0.08 (70.8% below fair value)
Industry Position: 99.3% below the Capital Markets median (#102 of 278)
No single metric tells the full story. See the FRFLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FRNT Financial Inc is a next-generation institutional sales and trading platform. It has one segment focused around developing and offering its capital market trading platform to institutional investors. The Company is a financial technology company that provides a capital markets trading platform for institutional investors to access alternative trading opportunities.
18GF Score
Get the complete analysis for FRFLF
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRFLF has been successfully added to your 
