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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.
Concejo AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was kr10.20.
The industry rank for Concejo AB's Net-Net Working Capital or its related term are showing as below:
LTS:0GOG's Price-to-Net-Net-Working-Capital is ranked better than 61.92% of 478
companies
in the Construction industry
Industry Median: 6.275
vs LTS:0GOG: 4.60
Concejo AB (LTS:0GOG) 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.
Concejo AB Net-Net Working Capital Related Terms
Concejo AB Net-Net Working Capital Historical Data
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The historical data trend for Concejo AB'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.
LTS:0GOG vs TT, JCI, CARR: Net-Net Working Capital Comparison
For the Building Products & Equipment subindustry, Concejo AB'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.
Concejo AB Price-to-Net-Net-Working-Capital vs Construction Industry
For the Construction industry and Industrials sector, Concejo AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Concejo AB'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 kr10.20 mean?
Concejo AB (LTS:0GOG) has a Net-Net Working Capital of kr10.20 as of Mar. 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 Concejo AB According to the industry distribution chart, Concejo AB ranks #182 out of 478 companies in the Construction industry, placing it in the top 38.1%.
Is Concejo AB's Net-Net Working Capital too high?
Concejo AB's current Net-Net Working Capital is kr10.20. Based on the distribution chart, Concejo AB ranks #182 out of 478 companies in the Construction industry, which is above the industry midpoint. Overall, Concejo AB has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Concejo AB's Net-Net Working Capital compare to TT and JCI?
According to the Construction industry distribution chart, Concejo AB ranks #182 out of 478 companies for Net-Net Working Capital. This puts Concejo AB in the upper half of its industry. The industry median Net-Net Working Capital is 6.28. 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 Construction company?
The median Net-Net Working Capital among Construction companies is 6.28, based on 478 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 Concejo AB For the Construction industry, the median Net-Net Working Capital is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concejo AB's current Net-Net Working Capital is kr10.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concejo AB stock overvalued right now?
Concejo AB (LTS:0GOG) has a current Net-Net Working Capital of kr10.20. The stock's GF Value™ is kr40.21, compared to a current price of kr46.90 — trading 16.6% above its estimated fair value. The current Net-Net Working Capital is kr10.20. Concejo AB's overall GF Score™ is 69/100 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 Concejo AB (LTS:0GOG), the current Net-Net Working Capital is kr10.20 as of Mar. 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 Concejo AB (LTS:0GOG) Overvalued in 2026?
Based on GuruFocus' analysis, Concejo AB stock appears to be overvalued.
The current stock price of kr46.90 is trading 16.6% above its estimated GF Value™ of kr40.21.
Key valuation signals for LTS:0GOG:
Net-Net Working Capital: kr10.20
GF Value™: kr40.21 vs. price of kr46.90 (16.6% above fair value)
No single metric tells the full story. See the LTS:0GOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concejo AB is a mixed investment company with operations conducted in three business areas. Concejo Industrier, SBF Fonder, and Concejo Ventures. The company's segments include Concejo Industrier - Industrial operations, SBF Funder - Fund operations, and Ventures Council - The investment business. It derives revenue from Concejo Industrier which further includes Firenor Internationa, Optronics Technology, ACAF Systems, and SAL Navigation; which offer security systems for firefighting, provides optical gas detectors for various industrial applications.
69GF Score
Get the complete analysis for LTS:0GOG
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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