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.
KDventures AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.02.
The industry rank for KDventures AB's Net-Net Working Capital or its related term are showing as below:
KDEVF's Price-to-Net-Net-Working-Capital is ranked better than 84.57% of 862
companies
in the Biotechnology industry
Industry Median: 5.3
vs KDEVF: 1.61
KDventures AB (OTCPK:KDEVF) 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.
KDventures AB Net-Net Working Capital Related Terms
KDventures AB Net-Net Working Capital Historical Data
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The historical data trend for KDventures AB'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.
KDEVF vs VRTX, REGN, ALNY: Net-Net Working Capital Comparison
For the Biotechnology subindustry, KDventures AB'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.
KDventures AB Price-to-Net-Net-Working-Capital vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, KDventures AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where KDventures AB'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 $0.02 mean?
KDventures AB (KDEVF) has a Net-Net Working Capital of $0.02 as of Mar. 2026. 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 KDventures AB According to the industry distribution chart, KDventures AB ranks #133 out of 862 companies in the Biotechnology industry, placing it in the top 15.4%.
Is KDventures AB's Net-Net Working Capital too high?
KDventures AB's current Net-Net Working Capital is $0.02. The Biotechnology industry median Net-Net Working Capital is 5.30. KDventures AB's value of $0.02 is 99.6% below this industry median. Based on the distribution chart, KDventures AB ranks #133 out of 862 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, KDventures AB has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does KDventures AB's Net-Net Working Capital compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, KDventures AB ranks #133 out of 862 companies for Net-Net Working Capital. This places KDventures AB in the top 15% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.30. KDventures AB's value of $0.02 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 Biotechnology company?
The median Net-Net Working Capital among Biotechnology companies is 5.30, based on 862 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. KDventures AB's current Net-Net Working Capital of $0.02 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 KDventures AB For the Biotechnology industry, the median Net-Net Working Capital is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDventures AB's current Net-Net Working Capital is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDventures AB stock overvalued right now?
KDventures AB (KDEVF) has a current Net-Net Working Capital of $0.02. The stock's GF Value™ is $0.67, compared to a current price of $0.26 — trading 61.6% below its estimated fair value. The current Net-Net Working Capital is $0.02 and 99.6% below the Biotechnology industry median of 5.30. KDventures AB's overall GF Score™ is 30/100 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 KDventures AB (KDEVF), the current Net-Net Working Capital is $0.02 as of Mar. 2026. 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 KDventures AB (KDEVF) Overvalued in 2026?
Based on GuruFocus' analysis, KDventures AB stock appears to be undervalued.
The current stock price of $0.26 is trading 61.6% below its estimated GF Value™ of $0.67.
Key valuation signals for KDEVF:
Net-Net Working Capital: $0.02
GF Value™: $0.67 vs. price of $0.26 (61.6% below fair value)
Industry Position: 99.6% below the Biotechnology median (#133 of 862)
No single metric tells the full story. See the KDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KDventures AB is a Nordic investment company specialized in life sciences. The company identifies and invests in pharmaceutical projects and medical technology products originating from research institutions in the Nordic region. Through a diversified portfolio across various stages of development, professional due diligence, and active board engagement, the company creates value from early research to commercialization. The company offers investors exposure to both listed and private life science projects with value growth potential.
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