MGRT (Mega Fortune Co) Net-Net Working Capital: $0.19 (As of Sep. 2025)

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MGRT Mega Fortune Co Ltd MGRT
24 GF Score
Price $100.08
! 1 Warning Sign
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What is Mega Fortune Co Net-Net Working Capital?

Mega Fortune Co MGRT +1.09% 24 Net-Net Working Capital is $0.19 as of Sep. 2025. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,254 Software companies, Mega Fortune Co ranks worse than 99.12% 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.

Mega Fortune Co's Net-Net Working Capital for the quarter that ended in Sep. 2025 was $0.19.

The industry rank for Mega Fortune Co's Net-Net Working Capital or its related term are showing as below:

MGRT's Price-to-Net-Net-Working-Capital is ranked worse than
99.12% of 1254 companies
in the Software industry
Industry Median: 7.1 vs MGRT: 526.74

Mega Fortune Co  (NAS:MGRT) 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.


Mega Fortune Co Net-Net Working Capital Related Terms


Mega Fortune Co Net-Net Working Capital Historical Data

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The historical data trend for Mega Fortune Co'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.

Mega Fortune Co Net-Net Working Capital Chart

Mega Fortune Co Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
-0.02 0.03 0.00 0.19

Mega Fortune Co Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net-Net Working Capital Get a 7-Day Free Trial 0.03 0.02 0.00 -0.01 0.19

MGRT vs CLVT, BBAI, GLOB: Net-Net Working Capital Comparison

For the Information Technology Services subindustry, Mega Fortune Co'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.


Mega Fortune Co Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, Mega Fortune Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Mega Fortune Co's Price-to-Net-Net-Working-Capital falls into.


MGRT
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Mega Fortune Co Ltd MGRT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Fortune Co Net-Net Working Capital Calculation

Mega Fortune Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net-Net Working Capital(A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.765+0.75 * 6.24+0.5 * 0-2.892
-0-0)/13.750
=0.19

Mega Fortune Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2025 is calculated as

Net-Net Working Capital(Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.765+0.75 * 6.24+0.5 * 0-2.892
-0-0)/13.750
=0.19

* 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 $0.19 mean?
Mega Fortune Co (MGRT) has a Net-Net Working Capital of $0.19 as of Sep. 2025. 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 Mega Fortune Co According to the industry distribution chart, Mega Fortune Co ranks #1243 out of 1254 companies in the Software industry, placing it in the top 99.1%.
Is Mega Fortune Co's Net-Net Working Capital too high?
Mega Fortune Co's current Net-Net Working Capital is $0.19. The Software industry median Net-Net Working Capital is 7.10. Mega Fortune Co's value of $0.19 is 97.3% below this industry median. Based on the distribution chart, Mega Fortune Co ranks #1243 out of 1254 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Net-Net Working Capital compare to CLVT and BBAI?
According to the Software industry distribution chart, Mega Fortune Co ranks #1243 out of 1254 companies for Net-Net Working Capital. This places Mega Fortune Co in the lower half of its industry. The industry median Net-Net Working Capital is 7.10. Mega Fortune Co's value of $0.19 is 97.3% 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 a Software company?
The median Net-Net Working Capital among Software companies is 7.10, based on 1,254 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. Mega Fortune Co's current Net-Net Working Capital of $0.19 is 97.3% 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 Mega Fortune Co For the Software industry, the median Net-Net Working Capital is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Fortune Co's current Net-Net Working Capital is $0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Net-Net Working Capital of $0.19. The current Net-Net Working Capital is $0.19 and 97.3% below the Software industry median of 7.10. Mega Fortune Co's overall GF Score™ is 24/100 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 Mega Fortune Co (MGRT), the current Net-Net Working Capital is $0.19 as of Sep. 2025. 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.

Mega Fortune Co Business Description

Address Science Park West Avenue, Unit 327 3/F 16W 16, Shatin, New Territories, Hong Kong, HKG
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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$100.08
Price