Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Vivendi SELTS:0IIF -1.82%63 Net-Net Working Capital is €-2.01 as of Dec. 2025. GuruFocus rates LTS:0IIF with a GF Score™ of 63/100 and a GF Value™ of €2.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 302 Interactive Media companies, Vivendi SE ranks worse than 331125.5% 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.
Vivendi SE's Net-Net Working Capital for the quarter that ended in Dec. 2025 was €-2.01.
The industry rank for Vivendi SE's Net-Net Working Capital or its related term are showing as below:
LTS:0IIF's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 4.545 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Vivendi SE (LTS:0IIF) 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.
Vivendi SE Net-Net Working Capital Related Terms
Vivendi SE Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Vivendi SE'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:0IIF vs NTES, EA, TTWO: Net-Net Working Capital Comparison
For the Electronic Gaming & Multimedia subindustry, Vivendi SE'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.
Vivendi SE Price-to-Net-Net-Working-Capital vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Vivendi SE's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Vivendi SE'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 €-2.01 mean?
Vivendi SE (LTS:0IIF) has a Net-Net Working Capital of €-2.01 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 Vivendi SE According to the industry distribution chart, Vivendi SE ranks #999999 out of 302 companies in the Interactive Media industry.
Is Vivendi SE's Net-Net Working Capital too high?
Vivendi SE's current Net-Net Working Capital is €-2.01. Based on the distribution chart, Vivendi SE ranks #999999 out of 302 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Vivendi SE has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vivendi SE's Net-Net Working Capital compare to NTES and EA?
According to the Interactive Media industry distribution chart, Vivendi SE ranks #999999 out of 302 companies for Net-Net Working Capital. This places Vivendi SE in the lower half of its industry. The industry median Net-Net Working Capital is 4.55. 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 Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.55, based on 302 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 Vivendi SE For the Interactive Media industry, the median Net-Net Working Capital is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivendi SE's current Net-Net Working Capital is €-2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivendi SE stock overvalued right now?
Based on GuruFocus' analysis, Vivendi SE (LTS:0IIF) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.21, compared to a current price of €1.86 — trading 15.7% below its estimated fair value. The current Net-Net Working Capital is €-2.01. Vivendi SE's overall GF Score™ is 63/100 with 4 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 Vivendi SE (LTS:0IIF), the current Net-Net Working Capital is €-2.01 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 Vivendi SE (LTS:0IIF) Overvalued in 2026?
Based on GuruFocus' analysis, Vivendi SE stock appears to be undervalued.
The current stock price of €1.86 is trading 15.7% below its estimated GF Value™ of €2.21.
GuruFocus considers Vivendi SE to be Modestly Undervalued.
Key valuation signals for LTS:0IIF:
Net-Net Working Capital: €-2.01
GF Value™: €2.21 vs. price of €1.86 (15.7% below fair value)
No single metric tells the full story. See the LTS:0IIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vivendi SE operates in the content, media, and entertainment sector through a portfolio of listed and unlisted investments. Its activities include ownership of a video game business, Gameloft, and equity stakes in companies such as Universal Music Group, Banijay, Lagardère, MediaForEurope, and Prisa. Its business segments include Gameloft and Other, with the majority of revenue generated from the Gameloft segment. Geographically, the group derives the maximum revenue from North America, followed by EMEA (Europe, the Middle East, Africa), Asia Pacific, and Latin America.
63GF Score
Get the complete analysis for LTS:0IIF
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0IIF has been successfully added to your 
