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Eqva ASALTS:0QWR 54 Net-Net Working Capital is kr-3.83 as of Mar. 2026. GuruFocus rates LTS:0QWR with a GF Score™ of 54/100 and a GF Value™ of kr6.75 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 62 Utilities - Independent Power Producers companies, Eqva ASA ranks worse than 1612901.61% 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.
Eqva ASA's Net-Net Working Capital for the quarter that ended in Mar. 2026 was kr-3.83.
The industry rank for Eqva ASA's Net-Net Working Capital or its related term are showing as below:
LTS:0QWR's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.81 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Eqva ASA (LTS:0QWR) 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.
Eqva ASA Net-Net Working Capital Related Terms
Eqva ASA Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Eqva ASA'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.
Eqva ASA Net-Net Working Capital Competitor Comparison
For the Utilities - Renewable subindustry, Eqva ASA'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.
Eqva ASA Price-to-Net-Net-Working-Capital vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Eqva ASA's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Eqva ASA'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 kr-3.83 mean?
Eqva ASA (LTS:0QWR) has a Net-Net Working Capital of kr-3.83 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 Eqva ASA According to the industry distribution chart, Eqva ASA ranks #999999 out of 62 companies in the Utilities - Independent Power Producers industry.
Is Eqva ASA's Net-Net Working Capital too high?
Eqva ASA's current Net-Net Working Capital is kr-3.83. Based on the distribution chart, Eqva ASA ranks #999999 out of 62 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Eqva ASA has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eqva ASA's Net-Net Working Capital compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Eqva ASA ranks #999999 out of 62 companies for Net-Net Working Capital. This places Eqva ASA in the lower half of its industry. The industry median Net-Net Working Capital is 6.81. 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 Utilities - Independent Power Producers company?
The median Net-Net Working Capital among Utilities - Independent Power Producers companies is 6.81, based on 62 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 Eqva ASA For the Utilities - Independent Power Producers industry, the median Net-Net Working Capital is 6.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eqva ASA's current Net-Net Working Capital is kr-3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqva ASA stock overvalued right now?
Based on GuruFocus' analysis, Eqva ASA (LTS:0QWR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr6.75, compared to a current price of kr3.05 — trading 54.8% below its estimated fair value. The current Net-Net Working Capital is kr-3.83. Eqva ASA's overall GF Score™ is 54/100 with 3 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 Eqva ASA (LTS:0QWR), the current Net-Net Working Capital is kr-3.83 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 Eqva ASA (LTS:0QWR) Overvalued in 2026?
Based on GuruFocus' analysis, Eqva ASA stock appears to be undervalued.
The current stock price of kr3.05 is trading 54.8% below its estimated GF Value™ of kr6.75.
GuruFocus considers Eqva ASA to be Significantly Undervalued.
Key valuation signals for LTS:0QWR:
Net-Net Working Capital: kr-3.83
GF Value™: kr6.75 vs. price of kr3.05 (54.8% below fair value)
No single metric tells the full story. See the LTS:0QWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eqva ASA is a Norway-based industrial investment company that acquires and develops companies providing productive, safe, and sustainable services and solutions to industrial customers. The Group operates through three main business segments: Industrial Solutions, Renewables, and Real Estate. The Industrial Solutions segment, which generates the majority of revenue, provides mechanical and electrical industrial services through companies including BKS Group, IMTAS Group, Austevoll Rorteknikk, and Kvinnherad Elektro. The Renewables segment develops and operates small-scale hydropower plants in Norway through Fossberg Kraft. The Real Estate segment includes the Group's real estate properties and development plans.
54GF Score
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