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The MarygoldMGLD +2.68%70 Net-Net Working Capital is $0.20 as of Mar. 2026. GuruFocus rates MGLD with a GF Score™ of 70/100 and a GF Value™ of $1.02 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 497 Asset Management companies, The Marygold ranks better than 51.51% 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.
The Marygold's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.20.
The industry rank for The Marygold's Net-Net Working Capital or its related term are showing as below:
MGLD's Price-to-Net-Net-Working-Capital is ranked better than 51.51% of 497
companies
in the Asset Management industry
Industry Median: 6.25
vs MGLD: 5.75
The Marygold (AMEX:MGLD) 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.
The Marygold Net-Net Working Capital Related Terms
The Marygold Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for The Marygold'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.
MGLD vs TGE, BENF, FMY: Net-Net Working Capital Comparison
For the Asset Management subindustry, The Marygold'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.
The Marygold Price-to-Net-Net-Working-Capital vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The Marygold's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where The Marygold'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 $0.20 mean?
The Marygold (MGLD) has a Net-Net Working Capital of $0.20 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 The Marygold According to the industry distribution chart, The Marygold ranks #241 out of 497 companies in the Asset Management industry, placing it in the top 48.5%.
Is The Marygold's Net-Net Working Capital too high?
The Marygold's current Net-Net Working Capital is $0.20. The Asset Management industry median Net-Net Working Capital is 6.25. The Marygold's value of $0.20 is 96.8% below this industry median. Based on the distribution chart, The Marygold ranks #241 out of 497 companies in the Asset Management industry, which is above the industry midpoint. Overall, The Marygold has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Marygold's Net-Net Working Capital compare to TGE and BENF?
According to the Asset Management industry distribution chart, The Marygold ranks #241 out of 497 companies for Net-Net Working Capital. This puts The Marygold in the upper half of its industry. The industry median Net-Net Working Capital is 6.25. The Marygold's value of $0.20 is 96.8% below this benchmark. 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 Asset Management company?
The median Net-Net Working Capital among Asset Management companies is 6.25, based on 497 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. The Marygold's current Net-Net Working Capital of $0.20 is 96.8% below the industry median. 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 The Marygold For the Asset Management industry, the median Net-Net Working Capital is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Marygold's current Net-Net Working Capital is $0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Marygold stock overvalued right now?
Based on GuruFocus' analysis, The Marygold (MGLD) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.02, compared to a current price of $1.15 — trading 12.7% above its estimated fair value. The current Net-Net Working Capital is $0.20 and 96.8% below the Asset Management industry median of 6.25. The Marygold's overall GF Score™ is 70/100 with 1 warning sign 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 The Marygold (MGLD), the current Net-Net Working Capital is $0.20 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 The Marygold (MGLD) Overvalued in 2026?
Based on GuruFocus' analysis, The Marygold stock appears to be overvalued.
The current stock price of $1.15 is trading 12.7% above its estimated GF Value™ of $1.02.
GuruFocus considers The Marygold to be Modestly Overvalued.
Key valuation signals for MGLD:
Net-Net Working Capital: $0.20
GF Value™: $1.02 vs. price of $1.15 (12.7% above fair value)
Industry Position: 96.8% below the Asset Management median (#241 of 497)
No single metric tells the full story. See the MGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Marygold Companies Inc is an international holding company focused on acquiring and growing profitable businesses. Its main segments include U.S. Fund Management through USCF Investments, Food Products via Gourmet Foods and Printstock Products in New Zealand, Beauty Products under the Original Sprout brand, and formerly Security Systems through Brigadier, sold in 2025. The majority of revenue comes from fund management. The company operates in the USA, New Zealand, the United Kingdom, and Canada, with the majority of revenue generated from the USA. Its business approach focuses on strengthening financial services, expanding fintech, and managing a diverse portfolio for growth.
70GF Score
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