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Mycronic ABMICLF 91 Net-Net Working Capital is $0.45 as of Jun. 2026. GuruFocus rates MICLF with a GF Score™ of 91/100 and a GF Value™ of $24.99 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,361 Industrial Products companies, Mycronic AB ranks worse than 93.09% 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.
Mycronic AB's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $0.45.
The industry rank for Mycronic AB's Net-Net Working Capital or its related term are showing as below:
MICLF's Price-to-Net-Net-Working-Capital is ranked worse than 93.09% of 1361
companies
in the Industrial Products industry
Industry Median: 7.81
vs MICLF: 81.25
Mycronic AB (OTCPK:MICLF) 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.
Mycronic AB Net-Net Working Capital Related Terms
Mycronic AB Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Mycronic 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.
MICLF vs GEV, ETN, PH: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, Mycronic 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.
Mycronic AB Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mycronic AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Mycronic AB'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 $0.45 mean?
Mycronic AB (MICLF) has a Net-Net Working Capital of $0.45 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 Mycronic AB According to the industry distribution chart, Mycronic AB ranks #1267 out of 1361 companies in the Industrial Products industry, placing it in the top 93.1%.
Is Mycronic AB's Net-Net Working Capital too high?
Mycronic AB's current Net-Net Working Capital is $0.45. The Industrial Products industry median Net-Net Working Capital is 7.81. Mycronic AB's value of $0.45 is 94.2% below this industry median. Based on the distribution chart, Mycronic AB ranks #1267 out of 1361 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mycronic AB has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mycronic AB's Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mycronic AB ranks #1267 out of 1361 companies for Net-Net Working Capital. This places Mycronic AB in the lower half of its industry. The industry median Net-Net Working Capital is 7.81. Mycronic AB's value of $0.45 is 94.2% 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 Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 7.81, based on 1,361 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. Mycronic AB's current Net-Net Working Capital of $0.45 is 94.2% 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 Mycronic AB For the Industrial Products industry, the median Net-Net Working Capital is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycronic AB's current Net-Net Working Capital is $0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycronic AB stock overvalued right now?
Based on GuruFocus' analysis, Mycronic AB (MICLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $24.99, compared to a current price of $32.50 — trading 30.1% above its estimated fair value. The current Net-Net Working Capital is $0.45 and 94.2% below the Industrial Products industry median of 7.81. Mycronic AB's overall GF Score™ is 91/100 with 5 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 Mycronic AB (MICLF), the current Net-Net Working Capital is $0.45 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 Mycronic AB (MICLF) Overvalued in 2026?
Based on GuruFocus' analysis, Mycronic AB stock appears to be overvalued.
The current stock price of $32.50 is trading 30.1% above its estimated GF Value™ of $24.99.
GuruFocus considers Mycronic AB to be Modestly Overvalued.
Key valuation signals for MICLF:
Net-Net Working Capital: $0.45
GF Value™: $24.99 vs. price of $32.50 (30.1% above fair value)
Industry Position: 94.2% below the Industrial Products median (#1267 of 1361)
No single metric tells the full story. See the MICLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, & markets mask writers & measuring machines for the production of photomasks for displays; The PCB Assembly Solutions division develops, manufactures, and markets flexible PCB assembly solutions, including jet printing, stencil printing, 3D inspection, component placement, and automated storage solutions. The High Volume division develops, manufactures, & markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation. The majority of its revenue is generated from the PCB Generators segment.
91GF Score
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