IOFNF (Iofina) Net-Net Working Capital: $0.03 (As of Dec. 2025)


IOFNF Iofina PLC IOFNF
71 GF Score
Price $0.62
GF Value $0.35
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Iofina Net-Net Working Capital?

Iofina IOFNF 71 Net-Net Working Capital is $0.03 as of Dec. 2025. GuruFocus rates IOFNF with a GF Score™ of 71/100 and a GF Value™ of $0.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 589 Chemicals companies, Iofina ranks worse than 78.95% 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.

Iofina's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.03.

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

IOFNF's Price-to-Net-Net-Working-Capital is ranked worse than
78.95% of 589 companies
in the Chemicals industry
Industry Median: 8.24 vs IOFNF: 30.83

Iofina  (OTCPK:IOFNF) 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.


Iofina Net-Net Working Capital Related Terms


Iofina Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Iofina'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.

Iofina Net-Net Working Capital Chart

Iofina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.02 0.04 0.02 0.03

Iofina Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.04 0.03 0.02 0.01 0.03

IOFNF vs LIN, SHW, ECL: Net-Net Working Capital Comparison

For the Specialty Chemicals subindustry, Iofina'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.


Iofina Price-to-Net-Net-Working-Capital vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Iofina's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


IOFNF
71GF Score
Iofina PLC IOFNF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iofina Net-Net Working Capital Calculation

Iofina's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.731+0.75 * 17.044+0.5 * 8.398-23.519
-0-0)/191.858
=0.03

Iofina's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.731+0.75 * 17.044+0.5 * 8.398-23.519
-0-0)/191.858
=0.03

* 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 $0.03 mean?
Iofina (IOFNF) has a Net-Net Working Capital of $0.03 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 Iofina According to the industry distribution chart, Iofina ranks #465 out of 589 companies in the Chemicals industry, placing it in the top 78.9%.
Is Iofina's Net-Net Working Capital too high?
Iofina's current Net-Net Working Capital is $0.03. The Chemicals industry median Net-Net Working Capital is 8.24. Iofina's value of $0.03 is 99.6% below this industry median. Based on the distribution chart, Iofina ranks #465 out of 589 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Iofina has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iofina's Net-Net Working Capital compare to LIN and SHW?
According to the Chemicals industry distribution chart, Iofina ranks #465 out of 589 companies for Net-Net Working Capital. This places Iofina in the lower half of its industry. The industry median Net-Net Working Capital is 8.24. Iofina's value of $0.03 is 99.6% 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 Chemicals company?
The median Net-Net Working Capital among Chemicals companies is 8.24, based on 589 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. Iofina's current Net-Net Working Capital of $0.03 is 99.6% 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 Iofina For the Chemicals industry, the median Net-Net Working Capital is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iofina's current Net-Net Working Capital is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iofina stock overvalued right now?
Based on GuruFocus' analysis, Iofina (IOFNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.35, compared to a current price of $0.62 — trading 76.1% above its estimated fair value. The current Net-Net Working Capital is $0.03 and 99.6% below the Chemicals industry median of 8.24. Iofina's overall GF Score™ is 71/100 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 Iofina (IOFNF), the current Net-Net Working Capital is $0.03 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 Iofina (IOFNF) Overvalued in 2026?

Based on GuruFocus' analysis, Iofina stock appears to be overvalued. The current stock price of $0.62 is trading 76.1% above its estimated GF Value™ of $0.35. GuruFocus considers Iofina to be Significantly Overvalued.

Key valuation signals for IOFNF:

  • Net-Net Working Capital: $0.03
  • GF Value™: $0.35 vs. price of $0.62 (76.1% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 99.6% below the Chemicals median (#465 of 589)

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


Iofina Business Description

Other Exchanges IOF:UKIF7:Germany
Address 48 Chancery Lane, London, GBR, WC2A 1JF
Iofina PLC is a holding company engaged in the exploration and isolation of iodine and the production of specialty chemicals. The company's operating segment includes Halogen Derivatives & Iodine and Hemp seeds. Its geographical segments include the United States of America and the United Kingdom and it derives a majority of its revenue from the North America.
71GF Score

Get the complete analysis for IOFNF

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

$0.62
Price
$0.35
GF Value