Inspiration Healthcare Group (LSE:IHC) Net-Net Working Capital: £-0.10 (As of Jan. 2026)

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LSE:IHC Inspiration Healthcare Group PLC LSE:IHC
49 GF Score
Price £0.19
GF Value £0.22
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Inspiration Healthcare Group Net-Net Working Capital?

Inspiration Healthcare Group LSE:IHC 49 Net-Net Working Capital is £-0.10 as of Jan. 2026. GuruFocus rates LSE:IHC with a GF Score™ of 49/100 and a GF Value™ of £0.22 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 419 Medical Devices & Instruments companies, Inspiration Healthcare Group ranks worse than 238663.25% 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.

Inspiration Healthcare Group's Net-Net Working Capital for the quarter that ended in Jan. 2026 was £-0.10.

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

LSE:IHC's Price-to-Net-Net-Working-Capital is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 6.84
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Inspiration Healthcare Group  (LSE:IHC) 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.


Inspiration Healthcare Group Net-Net Working Capital Related Terms


Inspiration Healthcare Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Inspiration Healthcare Group'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.

Inspiration Healthcare Group Net-Net Working Capital Chart

Inspiration Healthcare Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 -0.07 -0.10 -0.11 -0.10

Inspiration Healthcare Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 -0.10 -0.09 -0.11 -0.10 -0.10

LSE:IHC vs ABT, SYK, MDT: Net-Net Working Capital Comparison

For the Medical Devices subindustry, Inspiration Healthcare Group'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.


Inspiration Healthcare Group Price-to-Net-Net-Working-Capital vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspiration Healthcare Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


LSE:IHC
49GF Score
Inspiration Healthcare Group PLC LSE:IHC
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inspiration Healthcare Group Net-Net Working Capital Calculation

Inspiration Healthcare Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2026 is calculated as

Net-Net Working Capital(A: Jan. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.173+0.75 * 7.409+0.5 * 8.848-20.044
-0-0)/89.663
=-0.10

Inspiration Healthcare Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2026 is calculated as

Net-Net Working Capital(Q: Jan. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.173+0.75 * 7.409+0.5 * 8.848-20.044
-0-0)/89.663
=-0.10

* 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 £-0.10 mean?
Inspiration Healthcare Group (LSE:IHC) has a Net-Net Working Capital of £-0.10 as of Jan. 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 Inspiration Healthcare Group According to the industry distribution chart, Inspiration Healthcare Group ranks #999999 out of 419 companies in the Medical Devices & Instruments industry.
Is Inspiration Healthcare Group's Net-Net Working Capital too high?
Inspiration Healthcare Group's current Net-Net Working Capital is £-0.10. Based on the distribution chart, Inspiration Healthcare Group ranks #999999 out of 419 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Inspiration Healthcare Group has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inspiration Healthcare Group's Net-Net Working Capital compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Inspiration Healthcare Group ranks #999999 out of 419 companies for Net-Net Working Capital. This places Inspiration Healthcare Group in the lower half of its industry. The industry median Net-Net Working Capital is 6.84. 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 Medical Devices & Instruments company?
The median Net-Net Working Capital among Medical Devices & Instruments companies is 6.84, based on 419 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 Inspiration Healthcare Group For the Medical Devices & Instruments industry, the median Net-Net Working Capital is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inspiration Healthcare Group's current Net-Net Working Capital is £-0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inspiration Healthcare Group stock overvalued right now?
Based on GuruFocus' analysis, Inspiration Healthcare Group (LSE:IHC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.22, compared to a current price of £0.19 — trading 15.9% below its estimated fair value. The current Net-Net Working Capital is £-0.10. Inspiration Healthcare Group's overall GF Score™ is 49/100 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 Inspiration Healthcare Group (LSE:IHC), the current Net-Net Working Capital is £-0.10 as of Jan. 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 Inspiration Healthcare Group (LSE:IHC) Overvalued in 2026?

Based on GuruFocus' analysis, Inspiration Healthcare Group stock appears to be undervalued. The current stock price of £0.19 is trading 15.9% below its estimated GF Value™ of £0.22. GuruFocus considers Inspiration Healthcare Group to be Modestly Undervalued.

Key valuation signals for LSE:IHC:

  • Net-Net Working Capital: £-0.10
  • GF Value™: £0.22 vs. price of £0.19 (15.9% below fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Inspiration Healthcare Group Business Description

Address Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL
Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.
49GF Score

Get the complete analysis for LSE:IHC

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

£0.19
Price
£0.22
GF Value