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Facilities by ADFLSE:ADF 54 Net-Net Working Capital is £-0.31 as of Dec. 2025. GuruFocus rates LSE:ADF with a GF Score™ of 54/100 and a GF Value™ of £0.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 381 Vehicles & Parts companies, Facilities by ADF ranks worse than 262466.93% 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.
Facilities by ADF's Net-Net Working Capital for the quarter that ended in Dec. 2025 was £-0.31.
The industry rank for Facilities by ADF's Net-Net Working Capital or its related term are showing as below:
LSE:ADF's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.66 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Facilities by ADF (LSE:ADF) 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.
Facilities by ADF Net-Net Working Capital Related Terms
Facilities by ADF Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Facilities by ADF'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.
LSE:ADF vs BC, PII, THO: Net-Net Working Capital Comparison
For the Recreational Vehicles subindustry, Facilities by ADF'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.
Facilities by ADF Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Facilities by ADF's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Facilities by ADF'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 £-0.31 mean?
Facilities by ADF (LSE:ADF) has a Net-Net Working Capital of £-0.31 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 Facilities by ADF According to the industry distribution chart, Facilities by ADF ranks #999999 out of 381 companies in the Vehicles & Parts industry.
Is Facilities by ADF's Net-Net Working Capital too high?
Facilities by ADF's current Net-Net Working Capital is £-0.31. Based on the distribution chart, Facilities by ADF ranks #999999 out of 381 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Facilities by ADF has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Facilities by ADF's Net-Net Working Capital compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Facilities by ADF ranks #999999 out of 381 companies for Net-Net Working Capital. This places Facilities by ADF in the lower half of its industry. The industry median Net-Net Working Capital is 7.66. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.66, based on 381 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 Facilities by ADF For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Facilities by ADF's current Net-Net Working Capital is £-0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Facilities by ADF stock overvalued right now?
Based on GuruFocus' analysis, Facilities by ADF (LSE:ADF) is currently considered Possible Value Trap. The stock's GF Value™ is £0.43, compared to a current price of £0.14 — trading 68.6% below its estimated fair value. The current Net-Net Working Capital is £-0.31. Facilities by ADF's overall GF Score™ is 54/100 with 4 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 Facilities by ADF (LSE:ADF), the current Net-Net Working Capital is £-0.31 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 Facilities by ADF (LSE:ADF) Overvalued in 2026?
Based on GuruFocus' analysis, Facilities by ADF stock appears to be undervalued.
The current stock price of £0.14 is trading 68.6% below its estimated GF Value™ of £0.43.
GuruFocus considers Facilities by ADF to be Possible Value Trap.
Key valuation signals for LSE:ADF:
Net-Net Working Capital: £-0.31
GF Value™: £0.43 vs. price of £0.14 (68.6% below fair value)
No single metric tells the full story. See the LSE:ADF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Facilities by ADF PLC is a provider of premium serviced production facilities to the UK film and High-end Television industry. The group operates in three segments such as: Facilities by ADF (which represents all revenues and cost of sales generated from Facilities by ADF Plc and CAD Services Limited), Location One (which represents all revenues and cost of sales generated from Location 1 Group Ltd and Location One Ltd), and Autotrak (which represents all revenues and cost of sales generated from Autotrak Portable Roadways Limited). It generates the majority of its revenue from Facilities by ADF.
54GF Score
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