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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.
MicroCloud Hologram's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $16.55.
The industry rank for MicroCloud Hologram's Net-Net Working Capital or its related term are showing as below:
HOLO's Price-to-Net-Net-Working-Capital is ranked better than 99.6% of 1254
companies
in the Software industry
Industry Median: 7.065
vs HOLO: 0.10
MicroCloud Hologram (NAS:HOLO) 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.
MicroCloud Hologram Net-Net Working Capital Related Terms
MicroCloud Hologram Net-Net Working Capital Historical Data
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The historical data trend for MicroCloud Hologram'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.
HOLO vs DAIO, REFR, DSWL: Net-Net Working Capital Comparison
For the Software - Application subindustry, MicroCloud Hologram'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.
MicroCloud Hologram Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, MicroCloud Hologram's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where MicroCloud Hologram'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 $16.55 mean?
MicroCloud Hologram (HOLO) has a Net-Net Working Capital of $16.55 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 MicroCloud Hologram According to the industry distribution chart, MicroCloud Hologram ranks #5 out of 1254 companies in the Software industry, placing it in the top 0.40000000000001%.
Is MicroCloud Hologram's Net-Net Working Capital too high?
MicroCloud Hologram's current Net-Net Working Capital is $16.55. The Software industry median Net-Net Working Capital is 7.07. MicroCloud Hologram's value of $16.55 is 134.3% above this industry median. Based on the distribution chart, MicroCloud Hologram ranks #5 out of 1254 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, MicroCloud Hologram has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MicroCloud Hologram's Net-Net Working Capital compare to DAIO and REFR?
According to the Software industry distribution chart, MicroCloud Hologram ranks #5 out of 1254 companies for Net-Net Working Capital. This places MicroCloud Hologram in the top 0% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.07. MicroCloud Hologram's value of $16.55 is 134.3% above 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 Software company?
The median Net-Net Working Capital among Software companies is 7.07, based on 1,254 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. MicroCloud Hologram's current Net-Net Working Capital of $16.55 is 134.3% above 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 MicroCloud Hologram For the Software industry, the median Net-Net Working Capital is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MicroCloud Hologram's current Net-Net Working Capital is $16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MicroCloud Hologram stock overvalued right now?
Based on GuruFocus' analysis, MicroCloud Hologram (HOLO) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.52, compared to a current price of $1.62 — trading 210.6% above its estimated fair value. The current Net-Net Working Capital is $16.55 and 134.3% above the Software industry median of 7.07. MicroCloud Hologram's overall GF Score™ is 37/100 with 5 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 MicroCloud Hologram (HOLO), the current Net-Net Working Capital is $16.55 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 MicroCloud Hologram (HOLO) Overvalued in 2026?
Based on GuruFocus' analysis, MicroCloud Hologram stock appears to be overvalued.
The current stock price of $1.62 is trading 210.6% above its estimated GF Value™ of $0.52.
GuruFocus considers MicroCloud Hologram to be Significantly Overvalued.
Key valuation signals for HOLO:
Net-Net Working Capital: $16.55
GF Value™: $0.52 vs. price of $1.62 (210.6% above fair value)
Industry Position: 134.3% above the Software median (#5 of 1254)
No single metric tells the full story. See the HOLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MicroCloud Hologram Inc provides holographic technology services. Its services include holographic light detection and ranging (LiDAR) solutions, holographic LiDAR point cloud algorithms architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to service customers that provide holographic driver assistance systems (ADAS). The company also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud's operating segments are: Holographic technology service, which generates maximum revenue, and Holographic solutions. Its revenues are mainly generated in the People's Republic of China (PRC).
37GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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