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Marfrig Global FoodsMBRFY -0.58%60 Net-Net Working Capital is $-12.43 as of Mar. 2026. GuruFocus rates MBRFY with a GF Score™ of 60/100 and a GF Value™ of $2.01 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 664 Consumer Packaged Goods companies, Marfrig Global Foods ranks worse than 150602.26% 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.
Marfrig Global Foods's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-12.43.
The industry rank for Marfrig Global Foods's Net-Net Working Capital or its related term are showing as below:
MBRFY's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.53 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Marfrig Global Foods (OTCPK:MBRFY) 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.
Marfrig Global Foods Net-Net Working Capital Related Terms
Marfrig Global Foods Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Marfrig Global Foods'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.
Marfrig Global Foods Net-Net Working Capital Chart
MBRFY vs KHC, GIS, HRL: Net-Net Working Capital Comparison
For the Packaged Foods subindustry, Marfrig Global Foods'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.
Marfrig Global Foods Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Marfrig Global Foods's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Marfrig Global Foods'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 $-12.43 mean?
Marfrig Global Foods (MBRFY) has a Net-Net Working Capital of $-12.43 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 Marfrig Global Foods According to the industry distribution chart, Marfrig Global Foods ranks #999999 out of 664 companies in the Consumer Packaged Goods industry.
Is Marfrig Global Foods' Net-Net Working Capital too high?
Marfrig Global Foods' current Net-Net Working Capital is $-12.43. Based on the distribution chart, Marfrig Global Foods ranks #999999 out of 664 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Marfrig Global Foods has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marfrig Global Foods' Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Marfrig Global Foods ranks #999999 out of 664 companies for Net-Net Working Capital. This places Marfrig Global Foods in the lower half of its industry. The industry median Net-Net Working Capital is 6.53. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.53, based on 664 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 Marfrig Global Foods For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marfrig Global Foods's current Net-Net Working Capital is $-12.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marfrig Global Foods stock overvalued right now?
Based on GuruFocus' analysis, Marfrig Global Foods (MBRFY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.01, compared to a current price of $2.91 — trading 44.9% above its estimated fair value. The current Net-Net Working Capital is $-12.43. Marfrig Global Foods' overall GF Score™ is 60/100 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 Marfrig Global Foods (MBRFY), the current Net-Net Working Capital is $-12.43 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 Marfrig Global Foods (MBRFY) Overvalued in 2026?
Based on GuruFocus' analysis, Marfrig Global Foods stock appears to be overvalued.
The current stock price of $2.91 is trading 44.9% above its estimated GF Value™ of $2.01.
GuruFocus considers Marfrig Global Foods to be Significantly Overvalued.
Key valuation signals for MBRFY:
Net-Net Working Capital: $-12.43
GF Value™: $2.01 vs. price of $2.91 (44.9% above fair value)
No single metric tells the full story. See the MBRFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marfrig Global Foods SA is a Processing of products (formed by cattle slaughter facilities in operation, which are also used in beef processing, and for the manufacture of animal nutrition products) and sale of animal-based (beef, pork, lamb, fish, and poultry) and plant-based proteins. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF, and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.
60GF Score
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