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Leo Palace21LEOPF 68 Net-Net Working Capital is $-1.39 as of Mar. 2026. GuruFocus rates LEOPF with a GF Score™ of 68/100 and a GF Value™ of $3.37. The stock has 1 warning sign investors should review. Among 330 Real Estate companies, Leo Palace21 ranks worse than 303030% 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.
Leo Palace21's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-1.39.
The industry rank for Leo Palace21's Net-Net Working Capital or its related term are showing as below:
LEOPF's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.595 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Leo Palace21 (OTCPK:LEOPF) 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.
Leo Palace21 Net-Net Working Capital Related Terms
Leo Palace21 Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Leo Palace21'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.
LEOPF vs CBRE, BEKE, JLL: Net-Net Working Capital Comparison
For the Real Estate Services subindustry, Leo Palace21'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.
Leo Palace21 Price-to-Net-Net-Working-Capital vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Leo Palace21's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Leo Palace21'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 $-1.39 mean?
Leo Palace21 (LEOPF) has a Net-Net Working Capital of $-1.39 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 Leo Palace21 According to the industry distribution chart, Leo Palace21 ranks #999999 out of 330 companies in the Real Estate industry.
Is Leo Palace21's Net-Net Working Capital too high?
Leo Palace21's current Net-Net Working Capital is $-1.39. Based on the distribution chart, Leo Palace21 ranks #999999 out of 330 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Leo Palace21 has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Leo Palace21's Net-Net Working Capital compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Leo Palace21 ranks #999999 out of 330 companies for Net-Net Working Capital. This places Leo Palace21 in the lower half of its industry. The industry median Net-Net Working Capital is 4.60. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.60, based on 330 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 Leo Palace21 For the Real Estate industry, the median Net-Net Working Capital is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Palace21's current Net-Net Working Capital is $-1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Palace21 stock overvalued right now?
Leo Palace21 (LEOPF) has a current Net-Net Working Capital of $-1.39. The stock's GF Value™ is $3.37, compared to a current price of $4.18 — trading 24% above its estimated fair value. The current Net-Net Working Capital is $-1.39. Leo Palace21's overall GF Score™ is 68/100 with 1 warning sign 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 Leo Palace21 (LEOPF), the current Net-Net Working Capital is $-1.39 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 Leo Palace21 (LEOPF) Overvalued in 2026?
Based on GuruFocus' analysis, Leo Palace21 stock appears to be overvalued.
The current stock price of $4.18 is trading 24% above its estimated GF Value™ of $3.37.
Key valuation signals for LEOPF:
Net-Net Working Capital: $-1.39
GF Value™: $3.37 vs. price of $4.18 (24% above fair value)
No single metric tells the full story. See the LEOPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.
68GF Score
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