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Hawkeye 360HAWK -5.32%12 Net-Net Working Capital is $4.12 as of Dec. 2025. GuruFocus rates HAWK with a GF Score™ of 12/100. Among 122 Aerospace & Defense companies, Hawkeye 360 ranks better than 77.05% 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.
Hawkeye 360's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $4.12.
The industry rank for Hawkeye 360's Net-Net Working Capital or its related term are showing as below:
HAWK's Price-to-Net-Net-Working-Capital is ranked better than 77.05% of 122
companies
in the Aerospace & Defense industry
Industry Median: 9.865
vs HAWK: 4.70
Hawkeye 360 (NYSE:HAWK) 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.
Hawkeye 360 Net-Net Working Capital Related Terms
Hawkeye 360 Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Hawkeye 360'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.
Hawkeye 360 Net-Net Working Capital Chart
Hawkeye 360 Annual Data
Trend
Dec24
Dec25
Net-Net Working Capital
-2.79
4.12
Hawkeye 360 Semi-Annual Data
Dec24
Dec25
Net-Net Working Capital
-2.79
4.12
HAWK vs LUNR, RDW, YSS: Net-Net Working Capital Comparison
For the Aerospace & Defense subindustry, Hawkeye 360'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.
Hawkeye 360 Price-to-Net-Net-Working-Capital vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Hawkeye 360's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Hawkeye 360'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 $4.12 mean?
Hawkeye 360 (HAWK) has a Net-Net Working Capital of $4.12 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 Hawkeye 360 According to the industry distribution chart, Hawkeye 360 ranks #28 out of 122 companies in the Aerospace & Defense industry, placing it in the top 23%.
Is Hawkeye 360's Net-Net Working Capital too high?
Hawkeye 360's current Net-Net Working Capital is $4.12. The Aerospace & Defense industry median Net-Net Working Capital is 9.87. Hawkeye 360's value of $4.12 is 58.2% below this industry median. Based on the distribution chart, Hawkeye 360 ranks #28 out of 122 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Hawkeye 360 has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Hawkeye 360's Net-Net Working Capital compare to LUNR and RDW?
According to the Aerospace & Defense industry distribution chart, Hawkeye 360 ranks #28 out of 122 companies for Net-Net Working Capital. This places Hawkeye 360 in the top 23% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 9.87. Hawkeye 360's value of $4.12 is 58.2% 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 an Aerospace & Defense company?
The median Net-Net Working Capital among Aerospace & Defense companies is 9.87, based on 122 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. Hawkeye 360's current Net-Net Working Capital of $4.12 is 58.2% 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 Hawkeye 360 For the Aerospace & Defense industry, the median Net-Net Working Capital is 9.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hawkeye 360's current Net-Net Working Capital is $4.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawkeye 360 stock overvalued right now?
Hawkeye 360 (HAWK) has a current Net-Net Working Capital of $4.12. The current Net-Net Working Capital is $4.12 and 58.2% below the Aerospace & Defense industry median of 9.87. Hawkeye 360's overall GF Score™ is 12/100. 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 Hawkeye 360 (HAWK), the current Net-Net Working Capital is $4.12 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.
Hawkeye 360 Inc operates in the signals intelligence (SIGINT) and defense technology sector. It provides end-to-end signals intelligence solutions integrated into national security systems for the United States and allied customers. Its offerings include radio frequency data and related insights to support defense operations. The company is involved across the value chain, including satellite design and manufacturing, data collection, and data processing and analysis. It generates revenue prominently from fixed price contract arrangements for RF signal mapping products that are used to analyze and track radio waves.
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