Berner Industrier AB (LTS:0RNW) Net-Net Working Capital: kr-13.66 (As of Jun. 2026)

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LTS:0RNW Berner Industrier AB LTS:0RNW
68 GF Score
Price kr75.30
GF Value kr45.36
Valuation Significantly Overvalued
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What is Berner Industrier AB Net-Net Working Capital?

Berner Industrier AB LTS:0RNW -1.57% 68 Net-Net Working Capital is kr-13.66 as of Jun. 2026. GuruFocus rates LTS:0RNW with a GF Score™ of 68/100 and a GF Value™ of kr45.36 (Significantly Overvalued). Among 1,315 Industrial Products companies, Berner Industrier AB ranks worse than 76045.55% 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.

Berner Industrier AB's Net-Net Working Capital for the quarter that ended in Jun. 2026 was kr-13.66.

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

LTS:0RNW's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.26
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Berner Industrier AB  (LTS:0RNW) 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.


Berner Industrier AB Net-Net Working Capital Related Terms


Berner Industrier AB Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Berner Industrier 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.

Berner Industrier AB Net-Net Working Capital Chart

Berner Industrier AB 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 -12.24 -12.36 -12.09 -9.71 -9.69

Berner Industrier AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -13.61 -11.64 -9.69 -12.97 -13.66

LTS:0RNW vs GEV, ETN, PH: Net-Net Working Capital Comparison

For the Specialty Industrial Machinery subindustry, Berner Industrier 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.


Berner Industrier AB Price-to-Net-Net-Working-Capital vs Industrial Products Industry

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

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


LTS:0RNW
68GF Score
Berner Industrier AB LTS:0RNW
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berner Industrier AB Net-Net Working Capital Calculation

Berner Industrier AB'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)
=(63.323+0.75 * 122.326+0.5 * 88.6-384.122
-0-0)/19.069
=-9.69

Berner Industrier AB's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(54.9+0.75 * 156.8+0.5 * 101.8-483.8
-0-0)/19.069
=-13.66

* 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-13.66 mean?
Berner Industrier AB (LTS:0RNW) has a Net-Net Working Capital of kr-13.66 as of Jun. 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 Berner Industrier AB According to the industry distribution chart, Berner Industrier AB ranks #999999 out of 1315 companies in the Industrial Products industry.
Is Berner Industrier AB's Net-Net Working Capital too high?
Berner Industrier AB's current Net-Net Working Capital is kr-13.66. Based on the distribution chart, Berner Industrier AB ranks #999999 out of 1315 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Berner Industrier AB has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Berner Industrier AB's Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Berner Industrier AB ranks #999999 out of 1315 companies for Net-Net Working Capital. This places Berner Industrier AB in the lower half of its industry. The industry median Net-Net Working Capital is 8.26. 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 8.26, based on 1,315 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 Berner Industrier AB For the Industrial Products industry, the median Net-Net Working Capital is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berner Industrier AB's current Net-Net Working Capital is kr-13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berner Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, Berner Industrier AB (LTS:0RNW) is currently considered Significantly Overvalued. The stock's GF Value™ is kr45.36, compared to a current price of kr75.30 — trading 66% above its estimated fair value. The current Net-Net Working Capital is kr-13.66. Berner Industrier AB's overall GF Score™ is 68/100. 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 Berner Industrier AB (LTS:0RNW), the current Net-Net Working Capital is kr-13.66 as of Jun. 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 Berner Industrier AB (LTS:0RNW) Overvalued in 2026?

Based on GuruFocus' analysis, Berner Industrier AB stock appears to be overvalued. The current stock price of kr75.30 is trading 66% above its estimated GF Value™ of kr45.36. GuruFocus considers Berner Industrier AB to be Significantly Overvalued.

Key valuation signals for LTS:0RNW:

  • Net-Net Working Capital: kr-13.66
  • GF Value™: kr45.36 vs. price of kr75.30 (66% above fair value)
  • GF Score™: 68/100

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


Berner Industrier AB Business Description

Other Exchanges BERNER B:SwedenBERNBs:UK
Address Birger Jarlsgatan 41A, Box 88, Stockholm, SWE, SE-111 45
Berner Industrier AB formerly Christian Berner Tech Trade AB and its subsidiaries markets, sells, and delivers components, systems, and services with high technology content. The offer includes quality products, consulting support, system solutions, installation, service, and processing for industry and public sector customers. The group operates in Sweden, Norway, Finland and Denmark.
68GF Score

Get the complete analysis for LTS:0RNW

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

kr75.30
Price
kr45.36
GF Value