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Life Settlement AssetsLSE:LSAA 54 Net-Net Working Capital is $0.18 as of Dec. 2025. GuruFocus rates LSE:LSAA with a GF Score™ of 54/100 and a GF Value™ of $3.14 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 497 Asset Management companies, Life Settlement Assets ranks worse than 60.56% 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.
Life Settlement Assets's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.18.
The industry rank for Life Settlement Assets's Net-Net Working Capital or its related term are showing as below:
LSE:LSAA's Price-to-Net-Net-Working-Capital is ranked worse than 60.56% of 497
companies
in the Asset Management industry
Industry Median: 6.25
vs LSE:LSAA: 9.97
Life Settlement Assets (LSE:LSAA) 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.
Life Settlement Assets Net-Net Working Capital Related Terms
Life Settlement Assets Net-Net Working Capital Historical Data
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The historical data trend for Life Settlement Assets'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.
Life Settlement Assets Net-Net Working Capital Chart
LSE:LSAA vs BLK, BX, KKR: Net-Net Working Capital Comparison
For the Asset Management subindustry, Life Settlement Assets'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.
Life Settlement Assets Price-to-Net-Net-Working-Capital vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Life Settlement Assets's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Life Settlement Assets'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 $0.18 mean?
Life Settlement Assets (LSE:LSAA) has a Net-Net Working Capital of $0.18 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 Life Settlement Assets According to the industry distribution chart, Life Settlement Assets ranks #301 out of 497 companies in the Asset Management industry, placing it in the top 60.6%.
Is Life Settlement Assets' Net-Net Working Capital too high?
Life Settlement Assets' current Net-Net Working Capital is $0.18. The Asset Management industry median Net-Net Working Capital is 6.25. Life Settlement Assets' value of $0.18 is 97.1% below this industry median. Based on the distribution chart, Life Settlement Assets ranks #301 out of 497 companies in the Asset Management industry, which is below the industry midpoint. Overall, Life Settlement Assets has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Life Settlement Assets' Net-Net Working Capital compare to BLK and BX?
According to the Asset Management industry distribution chart, Life Settlement Assets ranks #301 out of 497 companies for Net-Net Working Capital. This places Life Settlement Assets in the lower half of its industry. The industry median Net-Net Working Capital is 6.25. Life Settlement Assets' value of $0.18 is 97.1% 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 an Asset Management company?
The median Net-Net Working Capital among Asset Management companies is 6.25, based on 497 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. Life Settlement Assets's current Net-Net Working Capital of $0.18 is 97.1% 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 Life Settlement Assets For the Asset Management industry, the median Net-Net Working Capital is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life Settlement Assets's current Net-Net Working Capital is $0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life Settlement Assets stock overvalued right now?
Based on GuruFocus' analysis, Life Settlement Assets (LSE:LSAA) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.14, compared to a current price of $1.80 — trading 42.8% below its estimated fair value. The current Net-Net Working Capital is $0.18 and 97.1% below the Asset Management industry median of 6.25. Life Settlement Assets' overall GF Score™ is 54/100 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 Life Settlement Assets (LSE:LSAA), the current Net-Net Working Capital is $0.18 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 Life Settlement Assets (LSE:LSAA) Overvalued in 2026?
Based on GuruFocus' analysis, Life Settlement Assets stock appears to be undervalued.
The current stock price of $1.80 is trading 42.8% below its estimated GF Value™ of $3.14.
GuruFocus considers Life Settlement Assets to be Significantly Undervalued.
Key valuation signals for LSE:LSAA:
Net-Net Working Capital: $0.18
GF Value™: $3.14 vs. price of $1.80 (42.8% below fair value)
Industry Position: 97.1% below the Asset Management median (#301 of 497)
No single metric tells the full story. See the LSE:LSAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Life Settlement Assets PLC is a closed-ended investment company. The company's principal activities are to support and manage portfolios of whole and partial interests in life settlement policies issued by life insurance companies operating predominantly in the United States. Its investment objective is to generate long-term returns for shareholders by investing in the life settlement market. The Company's entire income is generated on the life settlement portfolios in the USA.
54GF Score
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