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.
The industry rank for Jutal Offshore Oil Services's Net-Net Working Capital or its related term are showing as below:
JUTOF's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.96 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Jutal Offshore Oil Services (OTCPK:JUTOF) 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.
Jutal Offshore Oil Services Net-Net Working Capital Related Terms
Jutal Offshore Oil Services Net-Net Working Capital Historical Data
* 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.
Jutal Offshore Oil Services Net-Net Working Capital Chart
JUTOF vs SLB, BKR, HAL: Net-Net Working Capital Comparison
For the Oil & Gas Equipment & Services subindustry, Jutal Offshore Oil Services'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.
Jutal Offshore Oil Services Price-to-Net-Net-Working-Capital vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Jutal Offshore Oil Services's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Jutal Offshore Oil Services'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 $0.00 mean?
Jutal Offshore Oil Services (JUTOF) has a Net-Net Working Capital of $0.00 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 Jutal Offshore Oil Services According to the industry distribution chart, Jutal Offshore Oil Services ranks #176 out of 192 companies in the Oil & Gas industry, placing it in the top 91.7%.
Is Jutal Offshore Oil Services' Net-Net Working Capital too high?
Jutal Offshore Oil Services' current Net-Net Working Capital is $0.00. Based on the distribution chart, Jutal Offshore Oil Services ranks #176 out of 192 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Jutal Offshore Oil Services has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Jutal Offshore Oil Services' Net-Net Working Capital compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Jutal Offshore Oil Services ranks #176 out of 192 companies for Net-Net Working Capital. This places Jutal Offshore Oil Services in the lower half of its industry. The industry median Net-Net Working Capital is 6.96. 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 Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.96, based on 192 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. 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 Jutal Offshore Oil Services For the Oil & Gas industry, the median Net-Net Working Capital is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jutal Offshore Oil Services's current Net-Net Working Capital is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jutal Offshore Oil Services stock overvalued right now?
Jutal Offshore Oil Services (JUTOF) has a current Net-Net Working Capital of $0.00. The stock's GF Value™ is $0.03, compared to a current price of $0.06 — trading 93.3% above its estimated fair value. The current Net-Net Working Capital is $0.00. Jutal Offshore Oil Services' overall GF Score™ is 46/100 with 6 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 Jutal Offshore Oil Services (JUTOF), the current Net-Net Working Capital is $0.00 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 Jutal Offshore Oil Services (JUTOF) Overvalued in 2026?
Based on GuruFocus' analysis, Jutal Offshore Oil Services stock appears to be overvalued.
The current stock price of $0.06 is trading 93.3% above its estimated GF Value™ of $0.03.
Key valuation signals for JUTOF:
Net-Net Working Capital: $0.00
GF Value™: $0.03 vs. price of $0.06 (93.3% above fair value)
No single metric tells the full story. See the JUTOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jutal Offshore Oil Services Ltd is an investment holding company. The company's operating segments include Fabrication of facilities and provision of integrated services for oil and gas industries, Fabrication of facilities and provision of integrated services for new energy and refining and chemical industries, and Others. It generates maximum revenue from the Fabrication of facilities and provision of integrated services for oil and gas industries segment. Geographically, it derives a majority of revenue from the PRC region.
46GF Score
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