RTC Group (LSE:RTC) Net-Net Working Capital: £0.18 (As of Jun. 2026)

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LSE:RTC RTC Group PLC LSE:RTC
78 GF Score
Price £0.90
GF Value £1.05
Valuation Modestly Undervalued
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What is RTC Group Net-Net Working Capital?

RTC Group LSE:RTC +2.86% 78 Net-Net Working Capital is £0.18 as of Jun. 2026. GuruFocus rates LSE:RTC with a GF Score™ of 78/100 and a GF Value™ of £1.05 (Modestly Undervalued). Among 447 Business Services companies, RTC Group ranks better than 53.91% 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.

RTC Group's Net-Net Working Capital for the quarter that ended in Jun. 2026 was £0.18.

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

LSE:RTC's Price-to-Net-Net-Working-Capital is ranked better than
53.91% of 447 companies
in the Business Services industry
Industry Median: 5.57 vs LSE:RTC: 5.00

RTC Group  (LSE:RTC) 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.


RTC Group Net-Net Working Capital Related Terms


RTC Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for RTC 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.

RTC Group Net-Net Working Capital Chart

RTC Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.36 -0.22 -0.23 -0.09

RTC Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.09 -0.23 0.05 -0.09 0.18

LSE:RTC vs KFY, RHI, TNET: Net-Net Working Capital Comparison

For the Staffing & Employment Services subindustry, RTC 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.


RTC Group Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, RTC Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


LSE:RTC
78GF Score
RTC Group PLC LSE:RTC
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RTC Group Net-Net Working Capital Calculation

RTC Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.871+0.75 * 9.994+0.5 * 0.01-12.466
-0-0)/12.554
=-0.09

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

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.793+0.75 * 12.686+0.5 * 0.01-11.113
-0-0)/12.554
=0.18

* 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?
RTC Group (LSE:RTC) has a Net-Net Working Capital of £0.18 as of Jun. 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 RTC Group According to the industry distribution chart, RTC Group ranks #206 out of 447 companies in the Business Services industry, placing it in the top 46.1%.
Is RTC Group's Net-Net Working Capital too high?
RTC Group's current Net-Net Working Capital is £0.18. Based on the distribution chart, RTC Group ranks #206 out of 447 companies in the Business Services industry, which is above the industry midpoint. Overall, RTC Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RTC Group's Net-Net Working Capital compare to KFY and RHI?
According to the Business Services industry distribution chart, RTC Group ranks #206 out of 447 companies for Net-Net Working Capital. This puts RTC Group in the upper half of its industry. The industry median Net-Net Working Capital is 5.57. 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.57, based on 447 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 RTC Group For the Business Services industry, the median Net-Net Working Capital is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTC Group'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 RTC Group stock overvalued right now?
Based on GuruFocus' analysis, RTC Group (LSE:RTC) is currently considered Modestly Undervalued. The stock's GF Value™ is £1.05, compared to a current price of £0.90 — trading 14.3% below its estimated fair value. The current Net-Net Working Capital is £0.18. RTC Group's overall GF Score™ is 78/100. 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 RTC Group (LSE:RTC), the current Net-Net Working Capital is £0.18 as of Jun. 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 RTC Group (LSE:RTC) Overvalued in 2026?

Based on GuruFocus' analysis, RTC Group stock appears to be undervalued. The current stock price of £0.90 is trading 14.3% below its estimated GF Value™ of £1.05. GuruFocus considers RTC Group to be Modestly Undervalued.

Key valuation signals for LSE:RTC:

  • Net-Net Working Capital: £0.18
  • GF Value™: £1.05 vs. price of £0.90 (14.3% below fair value)
  • GF Score™: 78/100

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


RTC Group Business Description

Address London Road, The Derby Conference Centre, Derby, GBR, DE24 8UX
RTC Group PLC is a holding company. Along with its subsidiaries, it is engaged in the provision of engineering and technical recruitment services that provide temporary and permanent labor to a broad range of industries and customers in both domestic and international markets. It focuses on white and blue-collar recruitment, providing temporary, permanent, and contingent staff to a range of industries and clients in both domestic and international markets. The Group's operating segments include UK Recruitment, UK Central Services, and International Recruitment. The majority of its revenues are generated from the UK Recruitment segment. Geographically, the group derives maximum revenue from the United Kingdom, and the rest from the United States and the Middle East.
78GF Score

Get the complete analysis for LSE:RTC

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

£0.90
Price
£1.05
GF Value