MFP (Midera Food Processing) Net-Net Working Capital: $-6.85 (As of Mar. 2026)


MFP Midera Food Processing Inc MFP
16 GF Score
Price $39.00
! 2 Warning Signs
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What is Midera Food Processing Net-Net Working Capital?

Midera Food Processing MFP +6.56% 16 Net-Net Working Capital is $-6.85 as of Mar. 2026. GuruFocus rates MFP with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 1,363 Industrial Products companies, Midera Food Processing ranks worse than 73367.5% 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.

Midera Food Processing's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-6.85.

The industry rank for Midera Food Processing's Net-Net Working Capital or its related term are showing as below:

MFP's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Midera Food Processing  (NAS:MFP) 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.


Midera Food Processing Net-Net Working Capital Related Terms


Midera Food Processing Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Midera Food Processing'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.

Midera Food Processing Net-Net Working Capital Chart

Midera Food Processing Annual Data
Trend Dec23 Dec24 Dec25
Net-Net Working Capital
0.00 -0.33 -1.09

Midera Food Processing Quarterly Data
Dec24 Mar25 Dec25 Mar26
Net-Net Working Capital -0.33 0.00 -1.09 -6.85

MFP vs : Net-Net Working Capital Comparison

For the Specialty Industrial Machinery subindustry, Midera Food Processing'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.


Midera Food Processing Price-to-Net-Net-Working-Capital vs Industrial Products Industry

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

* The bar in red indicates where Midera Food Processing's Price-to-Net-Net-Working-Capital falls into.


MFP
16GF Score
Midera Food Processing Inc MFP
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Midera Food Processing Net-Net Working Capital Calculation

Midera Food Processing'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)
=(90.913+0.75 * 217.494+0.5 * 193.571-400.276
-0-0)/45.215
=-1.09

Midera Food Processing'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)
=(77.929+0.75 * 211.405+0.5 * 208.187-650.491
-0-0)/45.215
=-6.85

* 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 $-6.85 mean?
Midera Food Processing (MFP) has a Net-Net Working Capital of $-6.85 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 Midera Food Processing According to the industry distribution chart, Midera Food Processing ranks #999999 out of 1363 companies in the Industrial Products industry.
Is Midera Food Processing's Net-Net Working Capital too high?
Midera Food Processing's current Net-Net Working Capital is $-6.85. Based on the distribution chart, Midera Food Processing ranks #999999 out of 1363 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Midera Food Processing has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Midera Food Processing's Net-Net Working Capital compare to ?
According to the Industrial Products industry distribution chart, Midera Food Processing ranks #999999 out of 1363 companies for Net-Net Working Capital. This places Midera Food Processing in the lower half of its industry. The industry median Net-Net Working Capital is 8.29. 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 8.29, based on 1,363 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 Midera Food Processing For the Industrial Products industry, the median Net-Net Working Capital is 8.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midera Food Processing's current Net-Net Working Capital is $-6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midera Food Processing stock overvalued right now?
Midera Food Processing (MFP) has a current Net-Net Working Capital of $-6.85. The current Net-Net Working Capital is $-6.85. Midera Food Processing's overall GF Score™ is 16/100 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 Midera Food Processing (MFP), the current Net-Net Working Capital is $-6.85 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.

Midera Food Processing Business Description

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