Volvere (LSE:VLE) Net-Net Working Capital: £12.76 (As of Dec. 2025)

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LSE:VLE Volvere PLC LSE:VLE
76 GF Score
Price £21.50
GF Value £20.90
Valuation Fairly Valued
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What is Volvere Net-Net Working Capital?

Volvere LSE:VLE 76 Net-Net Working Capital is £12.76 as of Dec. 2025. GuruFocus rates LSE:VLE with a GF Score™ of 76/100 and a GF Value™ of £20.90 (Fairly Valued). Among 663 Consumer Packaged Goods companies, Volvere ranks better than 88.84% 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.

Volvere's Net-Net Working Capital for the quarter that ended in Dec. 2025 was £12.76.

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

LSE:VLE's Price-to-Net-Net-Working-Capital is ranked better than
88.84% of 663 companies
in the Consumer Packaged Goods industry
Industry Median: 6.58 vs LSE:VLE: 1.68

Volvere  (LSE:VLE) 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.


Volvere Net-Net Working Capital Related Terms


Volvere Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Volvere'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.

Volvere Net-Net Working Capital Chart

Volvere 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 7.95 7.52 9.02 10.80 12.76

Volvere Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.02 9.76 10.80 12.50 12.76

LSE:VLE vs KHC, GIS, HRL: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Volvere'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.


Volvere Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Volvere's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


LSE:VLE
76GF Score
Volvere PLC LSE:VLE
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Volvere Net-Net Working Capital Calculation

Volvere'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)
=(33.22+0.75 * 9.874+0.5 * 6.21-11.952
-0-3.837)/2.190
=12.76

Volvere's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(33.22+0.75 * 9.874+0.5 * 6.21-11.952
-0-3.837)/2.190
=12.76

* 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 £12.76 mean?
Volvere (LSE:VLE) has a Net-Net Working Capital of £12.76 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 Volvere According to the industry distribution chart, Volvere ranks #74 out of 663 companies in the Consumer Packaged Goods industry, placing it in the top 11.2%.
Is Volvere's Net-Net Working Capital too high?
Volvere's current Net-Net Working Capital is £12.76. Based on the distribution chart, Volvere ranks #74 out of 663 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Volvere has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Volvere's Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Volvere ranks #74 out of 663 companies for Net-Net Working Capital. This places Volvere in the top 11% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.58. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.58, based on 663 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 Volvere For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volvere's current Net-Net Working Capital is £12.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volvere stock overvalued right now?
Based on GuruFocus' analysis, Volvere (LSE:VLE) is currently considered Fairly Valued. The stock's GF Value™ is £20.90, compared to a current price of £21.50 — trading 2.9% above its estimated fair value. The current Net-Net Working Capital is £12.76. Volvere's overall GF Score™ is 76/100. 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 Volvere (LSE:VLE), the current Net-Net Working Capital is £12.76 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 Volvere (LSE:VLE) Overvalued in 2026?

Based on GuruFocus' analysis, Volvere stock appears to be overvalued. The current stock price of £21.50 is trading 2.9% above its estimated GF Value™ of £20.90. GuruFocus considers Volvere to be Fairly Valued.

Key valuation signals for LSE:VLE:

  • Net-Net Working Capital: £12.76
  • GF Value™: £20.90 vs. price of £21.50 (2.9% above fair value)
  • GF Score™: 76/100

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


Volvere Business Description

Address Tachbrook Road, Shire House, Leamington Spa, Warwickshire, GBR, CV31 3SF
Volvere PLC is a holding company that invests in companies that require growth capital. It identifies and invests in undervalued and distressed businesses and securities as well as complementary businesses to the existing group. Its business is organized into Food Manufacturing and Investing and management services. Food Manufacturing consists of the manufacturing of frozen pies, and other pastry products for retailers and food service customers and the company also provides investment and management services. The company generates its revenue from the UK.
76GF Score

Get the complete analysis for LSE:VLE

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

£21.50
Price
£20.90
GF Value