Greif (GEF) Net-Net Working Capital: $-29.33 (As of Jun. 2026)

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GEF Greif Inc GEF
65 GF Score
Price $87.58
GF Value $61.52
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Greif Net-Net Working Capital?

Greif GEF +0.89% 65 Net-Net Working Capital is $-29.33 as of Jun. 2026. GuruFocus rates GEF with a GF Score™ of 65/100 and a GF Value™ of $61.52 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 128 Packaging & Containers companies, Greif ranks worse than 781249.22% 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.

Greif's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $-29.33.

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

GEF's Price-to-Net-Net-Working-Capital is not ranked *
in the Packaging & Containers industry.
Industry Median: 5.785
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Greif  (NYSE:GEF) 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.


Greif Net-Net Working Capital Related Terms


Greif Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Greif'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.

Greif Net-Net Working Capital Chart

Greif Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.03 -54.73 -47.94 -55.13 -64.38

Greif Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 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 -61.06 -61.47 -30.11 -29.33 -29.33

GEF vs GPK, SLGN, AMBP: Net-Net Working Capital Comparison

For the Packaging & Containers subindustry, Greif'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.


Greif Price-to-Net-Net-Working-Capital vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greif's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


GEF
65GF Score
Greif Inc GEF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greif Net-Net Working Capital Calculation

Greif's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2024 is calculated as

Net-Net Working Capital(A: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(197.7+0.75 * 638.7+0.5 * 328.1-4400.2
-0-165)/57.847
=-64.38

Greif'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)
=(288.5+0.75 * 747+0.5 * 379.6-2574
-0-130.8)/56.816
=-29.33

* 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 $-29.33 mean?
Greif (GEF) has a Net-Net Working Capital of $-29.33 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 Greif According to the industry distribution chart, Greif ranks #999999 out of 128 companies in the Packaging & Containers industry.
Is Greif's Net-Net Working Capital too high?
Greif's current Net-Net Working Capital is $-29.33. Based on the distribution chart, Greif ranks #999999 out of 128 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Greif has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greif's Net-Net Working Capital compare to GPK and SLGN?
According to the Packaging & Containers industry distribution chart, Greif ranks #999999 out of 128 companies for Net-Net Working Capital. This places Greif in the lower half of its industry. The industry median Net-Net Working Capital is 5.79. 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 Packaging & Containers company?
The median Net-Net Working Capital among Packaging & Containers companies is 5.79, based on 128 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 Greif For the Packaging & Containers industry, the median Net-Net Working Capital is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greif's current Net-Net Working Capital is $-29.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greif stock overvalued right now?
Based on GuruFocus' analysis, Greif (GEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $61.52, compared to a current price of $87.58 — trading 42.4% above its estimated fair value. The current Net-Net Working Capital is $-29.33. Greif's overall GF Score™ is 65/100 with 10 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 Greif (GEF), the current Net-Net Working Capital is $-29.33 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 Greif (GEF) Overvalued in 2026?

Based on GuruFocus' analysis, Greif stock appears to be overvalued. The current stock price of $87.58 is trading 42.4% above its estimated GF Value™ of $61.52. GuruFocus considers Greif to be Significantly Overvalued.

Key valuation signals for GEF:

  • Net-Net Working Capital: $-29.33
  • GF Value™: $61.52 vs. price of $87.58 (42.4% above fair value)
  • GF Score™: 65/100 with 10 warning signs

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


Greif Business Description

Other Exchanges GEF.B:USA
Address 425 Winter Road, Delaware, OH, USA, 43015
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in USA, Europe, Middle East, Africa and Asia and Other Americas.
65GF Score

Get the complete analysis for GEF

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

$87.58
Price
$61.52
GF Value