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Guardforce AI CoGFAI +2.10%33 Net-Net Working Capital is $0.55 as of Dec. 2025. GuruFocus rates GFAI with a GF Score™ of 33/100 and a GF Value™ of $0.62 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 440 Business Services companies, Guardforce AI Co ranks better than 97.95% 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.
Guardforce AI Co's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.55.
The industry rank for Guardforce AI Co's Net-Net Working Capital or its related term are showing as below:
GFAI's Price-to-Net-Net-Working-Capital is ranked better than 97.95% of 440
companies
in the Business Services industry
Industry Median: 5.65
vs GFAI: 0.69
Guardforce AI Co (NAS:GFAI) 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.
Guardforce AI Co Net-Net Working Capital Related Terms
Guardforce AI Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Guardforce AI Co'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.
GFAI vs VRME, BKYI, IVDA: Net-Net Working Capital Comparison
For the Security & Protection Services subindustry, Guardforce AI Co'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.
Guardforce AI Co Price-to-Net-Net-Working-Capital vs Business Services Industry
For the Business Services industry and Industrials sector, Guardforce AI Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Guardforce AI Co'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 $0.55 mean?
Guardforce AI Co (GFAI) has a Net-Net Working Capital of $0.55 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 Guardforce AI Co According to the industry distribution chart, Guardforce AI Co ranks #9 out of 440 companies in the Business Services industry, placing it in the top 2%.
Is Guardforce AI Co's Net-Net Working Capital too high?
Guardforce AI Co's current Net-Net Working Capital is $0.55. The Business Services industry median Net-Net Working Capital is 5.65. Guardforce AI Co's value of $0.55 is 90.3% below this industry median. Based on the distribution chart, Guardforce AI Co ranks #9 out of 440 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Guardforce AI Co has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Guardforce AI Co's Net-Net Working Capital compare to VRME and BKYI?
According to the Business Services industry distribution chart, Guardforce AI Co ranks #9 out of 440 companies for Net-Net Working Capital. This places Guardforce AI Co in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.65. Guardforce AI Co's value of $0.55 is 90.3% 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.65, based on 440 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. Guardforce AI Co's current Net-Net Working Capital of $0.55 is 90.3% 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 Guardforce AI Co For the Business Services industry, the median Net-Net Working Capital is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guardforce AI Co's current Net-Net Working Capital is $0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guardforce AI Co stock overvalued right now?
Based on GuruFocus' analysis, Guardforce AI Co (GFAI) is currently considered Possible Value Trap. The stock's GF Value™ is $0.62, compared to a current price of $0.38 — trading 39.1% below its estimated fair value. The current Net-Net Working Capital is $0.55 and 90.3% below the Business Services industry median of 5.65. Guardforce AI Co's overall GF Score™ is 33/100 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 Guardforce AI Co (GFAI), the current Net-Net Working Capital is $0.55 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 Guardforce AI Co (GFAI) Overvalued in 2026?
Based on GuruFocus' analysis, Guardforce AI Co stock appears to be undervalued.
The current stock price of $0.38 is trading 39.1% below its estimated GF Value™ of $0.62.
GuruFocus considers Guardforce AI Co to be Possible Value Trap.
Key valuation signals for GFAI:
Net-Net Working Capital: $0.55
GF Value™: $0.62 vs. price of $0.38 (39.1% below fair value)
Industry Position: 90.3% below the Business Services median (#9 of 440)
No single metric tells the full story. See the GFAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guardforce AI Co Ltd is an integrated solution provider, specializing in security solutions, and also focuses on implementing AI and robotics solutions to improve business operational efficiency and sales and marketing processes, especially for the retail and travel industry in the Asia Pacific region. The company's operating business segments include Secured Logistics, AI & Robotics Solution Business, and Corporate and others. The majority of its revenue is generated from the Secured Logistics segment, which includes services like cash-in-transit, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions. Geographically, the company generates maximum revenue from Thailand.
33GF Score
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