LSRBF (LaserBond) Net-Net Working Capital: $-0.02 (As of Dec. 2025)


LSRBF LaserBond Ltd LSRBF
47 GF Score
Price $0.45
GF Value $0.78
Valuation Significantly Undervalued
! 2 Warning Signs
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What is LaserBond Net-Net Working Capital?

LaserBond LSRBF 47 Net-Net Working Capital is $-0.02 as of Dec. 2025. GuruFocus rates LSRBF with a GF Score™ of 47/100 and a GF Value™ of $0.78 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,364 Industrial Products companies, LaserBond ranks worse than 73313.71% 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.

LaserBond's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-0.02.

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

LSRBF's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.825
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

LaserBond  (OTCPK:LSRBF) 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.


LaserBond Net-Net Working Capital Related Terms


LaserBond Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for LaserBond'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.

LaserBond Net-Net Working Capital Chart

LaserBond Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.01 -0.01 -0.04 -0.02

LaserBond 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 -0.01 -0.04 -0.03 -0.02 -0.02

LSRBF vs GEV, ETN, PH: Net-Net Working Capital Comparison

For the Specialty Industrial Machinery subindustry, LaserBond'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.


LaserBond Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, LaserBond's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


LSRBF
47GF Score
LaserBond Ltd LSRBF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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LaserBond Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.669+0.75 * 8.003+0.5 * 3.71-14.193
-0-0)/117.652
=-0.02

LaserBond'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)
=(2.658+0.75 * 8.459+0.5 * 4.946-13.501
-0-0)/118.201
=-0.02

* 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 $-0.02 mean?
LaserBond (LSRBF) has a Net-Net Working Capital of $-0.02 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 LaserBond According to the industry distribution chart, LaserBond ranks #999999 out of 1364 companies in the Industrial Products industry.
Is LaserBond's Net-Net Working Capital too high?
LaserBond's current Net-Net Working Capital is $-0.02. Based on the distribution chart, LaserBond ranks #999999 out of 1364 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, LaserBond has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LaserBond's Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, LaserBond ranks #999999 out of 1364 companies for Net-Net Working Capital. This places LaserBond in the lower half of its industry. The industry median Net-Net Working Capital is 8.83. 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 Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.83, based on 1,364 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 LaserBond For the Industrial Products industry, the median Net-Net Working Capital is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LaserBond's current Net-Net Working Capital is $-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LaserBond stock overvalued right now?
Based on GuruFocus' analysis, LaserBond (LSRBF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.78, compared to a current price of $0.45 — trading 42.3% below its estimated fair value. The current Net-Net Working Capital is $-0.02. LaserBond's overall GF Score™ is 47/100 with 2 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 LaserBond (LSRBF), the current Net-Net Working Capital is $-0.02 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 LaserBond (LSRBF) Overvalued in 2026?

Based on GuruFocus' analysis, LaserBond stock appears to be undervalued. The current stock price of $0.45 is trading 42.3% below its estimated GF Value™ of $0.78. GuruFocus considers LaserBond to be Significantly Undervalued.

Key valuation signals for LSRBF:

  • Net-Net Working Capital: $-0.02
  • GF Value™: $0.78 vs. price of $0.45 (42.3% below fair value)
  • GF Score™: 47/100 with 2 warning signs

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


LaserBond Business Description

Other Exchanges LBL:Australia
Address 2/57 Anderson Road, Smeaton Grange, Sydney, NSW, AUS, 2567
LaserBond Ltd is a specialist surface engineering company that focuses on developing and applying materials, technologies, and methodologies to increase operating performance and wear life of capital-intensive machinery components. The company's operating segments are Products, Services, Technology, Research and Development, and Investment in Associates. The majority of its revenue is generated from the Services segment, which includes the reclamation or repair of worn components for end users or the manufacture of products that do not incorporate LaserBond cladding applications. The Products segment manufactures products incorporating LaserBond cladding applications. Geographically, the company operates in Australia.
47GF Score

Get the complete analysis for LSRBF

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

$0.45
Price
$0.78
GF Value