Payton Planar Magnetics (LTS:0NST) Net-Net Working Capital: €2.88 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LTS:0NST Payton Planar Magnetics Ltd LTS:0NST
78 GF Score
Price €8.00
GF Value €5.91
! 2 Warning Signs
View Full Analysis

What is Payton Planar Magnetics Net-Net Working Capital?

Payton Planar Magnetics LTS:0NST 78 Net-Net Working Capital is €2.88 as of Mar. 2026. GuruFocus rates LTS:0NST with a GF Score™ of 78/100 and a GF Value™ of €5.91. The stock has 2 warning signs investors should review. Among 1,191 Hardware companies, Payton Planar Magnetics ranks better than 80.6% 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.

Payton Planar Magnetics's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €2.88.

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

LTS:0NST's Price-to-Net-Net-Working-Capital is ranked better than
80.6% of 1191 companies
in the Hardware industry
Industry Median: 9.15 vs LTS:0NST: 2.72

Payton Planar Magnetics  (LTS:0NST) 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.


Payton Planar Magnetics Net-Net Working Capital Related Terms


Payton Planar Magnetics Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Payton Planar Magnetics'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.

Payton Planar Magnetics Net-Net Working Capital Chart

Payton Planar Magnetics 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 1.93 2.60 2.90 3.18 2.75

Payton Planar Magnetics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.93 2.89 3.08 2.75 2.88

LTS:0NST vs APH, GLW, TEL: Net-Net Working Capital Comparison

For the Electronic Components subindustry, Payton Planar Magnetics'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.


Payton Planar Magnetics Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, Payton Planar Magnetics's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


LTS:0NST
78GF Score
Payton Planar Magnetics Ltd LTS:0NST
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Payton Planar Magnetics Net-Net Working Capital Calculation

Payton Planar Magnetics'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)
=(49.744+0.75 * 6.725+0.5 * 4.56-8.448
-0-0)/17.671
=2.75

Payton Planar Magnetics's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(51.287+0.75 * 6.681+0.5 * 4.986-7.919
-0-0)/17.671
=2.88

* 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 €2.88 mean?
Payton Planar Magnetics (LTS:0NST) has a Net-Net Working Capital of €2.88 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 Payton Planar Magnetics According to the industry distribution chart, Payton Planar Magnetics ranks #231 out of 1191 companies in the Hardware industry, placing it in the top 19.4%.
Is Payton Planar Magnetics' Net-Net Working Capital too high?
Payton Planar Magnetics' current Net-Net Working Capital is €2.88. Based on the distribution chart, Payton Planar Magnetics ranks #231 out of 1191 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Payton Planar Magnetics has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Payton Planar Magnetics' Net-Net Working Capital compare to APH and GLW?
According to the Hardware industry distribution chart, Payton Planar Magnetics ranks #231 out of 1191 companies for Net-Net Working Capital. This places Payton Planar Magnetics in the top 19% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 9.15. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.15, based on 1,191 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 Payton Planar Magnetics For the Hardware industry, the median Net-Net Working Capital is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Payton Planar Magnetics's current Net-Net Working Capital is €2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Payton Planar Magnetics stock overvalued right now?
Payton Planar Magnetics (LTS:0NST) has a current Net-Net Working Capital of €2.88. The stock's GF Value™ is €5.91, compared to a current price of €8.00 — trading 35.4% above its estimated fair value. The current Net-Net Working Capital is €2.88. Payton Planar Magnetics' overall GF Score™ is 78/100 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 Payton Planar Magnetics (LTS:0NST), the current Net-Net Working Capital is €2.88 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 Payton Planar Magnetics (LTS:0NST) Overvalued in 2026?

Based on GuruFocus' analysis, Payton Planar Magnetics stock appears to be overvalued. The current stock price of €8.00 is trading 35.4% above its estimated GF Value™ of €5.91.

Key valuation signals for LTS:0NST:

  • Net-Net Working Capital: €2.88
  • GF Value™: €5.91 vs. price of €8.00 (35.4% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the LTS:0NST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Payton Planar Magnetics Business Description

Other Exchanges PAYb:UKPAY:Belgium
Address 3 Ha’avoda Street, P.O. Box 2016, Ness-Ziona, ISR
Payton Planar Magnetics Ltd develops, manufactures, and markets planar transformers, operating globally through its subsidiaries and distributors. The Group has integrated engineering and manufacturing capabilities across the United States, the United Kingdom, and the Far East, and has strengthened its operations through the acquisition of a U.S.-based business focused on electronic coils and custom magnetic components. Its product portfolio includes planar transformers, planar inductors, and off-the-shelf transformers, serving automotive, medical, telecom, server, and industrial sectors. The company operates across Israel, Europe, the Americas, and Asia, which generate the majority of its revenue.
78GF Score

Get the complete analysis for LTS:0NST

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

€8.00
Price
€5.91
GF Value