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Galaxy Payroll GroupGLXG -1.87%21 Net-Net Working Capital is $1.05 as of Dec. 2025. GuruFocus rates GLXG with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 445 Business Services companies, Galaxy Payroll Group ranks better than 94.83% 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.
Galaxy Payroll Group's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $1.05.
The industry rank for Galaxy Payroll Group's Net-Net Working Capital or its related term are showing as below:
GLXG's Price-to-Net-Net-Working-Capital is ranked better than 94.83% of 445
companies
in the Business Services industry
Industry Median: 5.64
vs GLXG: 1.00
Galaxy Payroll Group (NAS:GLXG) 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.
Galaxy Payroll Group Net-Net Working Capital Related Terms
Galaxy Payroll Group Net-Net Working Capital Historical Data
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The historical data trend for Galaxy Payroll Group'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.
Galaxy Payroll Group Net-Net Working Capital Chart
GLXG vs IPDN, RLBY, GXXM: Net-Net Working Capital Comparison
For the Staffing & Employment Services subindustry, Galaxy Payroll Group'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.
Galaxy Payroll Group Price-to-Net-Net-Working-Capital vs Business Services Industry
For the Business Services industry and Industrials sector, Galaxy Payroll Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Galaxy Payroll Group'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 $1.05 mean?
Galaxy Payroll Group (GLXG) has a Net-Net Working Capital of $1.05 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 Galaxy Payroll Group According to the industry distribution chart, Galaxy Payroll Group ranks #23 out of 445 companies in the Business Services industry, placing it in the top 5.2%.
Is Galaxy Payroll Group's Net-Net Working Capital too high?
Galaxy Payroll Group's current Net-Net Working Capital is $1.05. The Business Services industry median Net-Net Working Capital is 5.64. Galaxy Payroll Group's value of $1.05 is 81.4% below this industry median. Based on the distribution chart, Galaxy Payroll Group ranks #23 out of 445 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Galaxy Payroll Group has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Payroll Group's Net-Net Working Capital compare to IPDN and RLBY?
According to the Business Services industry distribution chart, Galaxy Payroll Group ranks #23 out of 445 companies for Net-Net Working Capital. This places Galaxy Payroll Group in the top 5% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.64. Galaxy Payroll Group's value of $1.05 is 81.4% 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 5.64, based on 445 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. Galaxy Payroll Group's current Net-Net Working Capital of $1.05 is 81.4% 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 Galaxy Payroll Group For the Business Services industry, the median Net-Net Working Capital is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Payroll Group's current Net-Net Working Capital is $1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Payroll Group stock overvalued right now?
Galaxy Payroll Group (GLXG) has a current Net-Net Working Capital of $1.05. The current Net-Net Working Capital is $1.05 and 81.4% below the Business Services industry median of 5.64. Galaxy Payroll Group's overall GF Score™ is 21/100 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 Galaxy Payroll Group (GLXG), the current Net-Net Working Capital is $1.05 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.
Galaxy Payroll Group Ltd provides payroll outsourcing and employment services based in Hong Kong, serving three customer groups: (i) global human resources service providers managing payroll and employment for branch offices; (ii) multinational companies outsourcing these functions directly; and (iii) end-users consulting for future worldwide expansion. Payroll outsourcing is offered in the PRC, Hong Kong, Taiwan, and Macau, while employment services cover the PRC, Hong Kong, Japan, Taiwan, and Macau. Customers include both indirect clients through channels and direct clients. Revenues are generated from subsidiaries in Taiwan, Macau, Hong Kong, the PRC, and others.
21GF Score
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