Rocket Sharing Co SpA (MIL:RKT) Net-Net Working Capital: €-0.31 (As of Dec. 2025)

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MIL:RKT Rocket Sharing Co SpA MIL:RKT
39 GF Score
Price €0.40
GF Value €0.53
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Rocket Sharing Co SpA Net-Net Working Capital?

Rocket Sharing Co SpA MIL:RKT 39 Net-Net Working Capital is €-0.31 as of Dec. 2025. GuruFocus rates MIL:RKT with a GF Score™ of 39/100 and a GF Value™ of €0.53 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,256 Software companies, Rocket Sharing Co SpA ranks worse than 79617.75% 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.

Rocket Sharing Co SpA's Net-Net Working Capital for the quarter that ended in Dec. 2025 was €-0.31.

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

MIL:RKT's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 6.92
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rocket Sharing Co SpA  (MIL:RKT) 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.


Rocket Sharing Co SpA Net-Net Working Capital Related Terms


Rocket Sharing Co SpA Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Rocket Sharing Co SpA'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.

Rocket Sharing Co SpA Net-Net Working Capital Chart

Rocket Sharing Co SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -0.03 -0.05 -0.25 -0.28 -0.31

Rocket Sharing Co SpA Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.25 -0.29 -0.28 -0.33 -0.31

MIL:RKT vs QH, SHOP, UBER: Net-Net Working Capital Comparison

For the Software - Application subindustry, Rocket Sharing Co SpA'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.


Rocket Sharing Co SpA Price-to-Net-Net-Working-Capital vs Software Industry

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

* The bar in red indicates where Rocket Sharing Co SpA's Price-to-Net-Net-Working-Capital falls into.


MIL:RKT
39GF Score
Rocket Sharing Co SpA MIL:RKT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Rocket Sharing Co SpA Net-Net Working Capital Calculation

Rocket Sharing Co SpA'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)
=(0.845+0.75 * 2.129+0.5 * 0-7.421
-0-0.855)/18.952
=-0.31

Rocket Sharing Co SpA's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.845+0.75 * 2.129+0.5 * 0-7.421
-0-0.855)/18.952
=-0.31

* 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 €-0.31 mean?
Rocket Sharing Co SpA (MIL:RKT) has a Net-Net Working Capital of €-0.31 as of Dec. 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 Rocket Sharing Co SpA According to the industry distribution chart, Rocket Sharing Co SpA ranks #999999 out of 1256 companies in the Software industry.
Is Rocket Sharing Co SpA's Net-Net Working Capital too high?
Rocket Sharing Co SpA's current Net-Net Working Capital is €-0.31. Based on the distribution chart, Rocket Sharing Co SpA ranks #999999 out of 1256 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Rocket Sharing Co SpA has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rocket Sharing Co SpA's Net-Net Working Capital compare to QH and SHOP?
According to the Software industry distribution chart, Rocket Sharing Co SpA ranks #999999 out of 1256 companies for Net-Net Working Capital. This places Rocket Sharing Co SpA in the lower half of its industry. The industry median Net-Net Working Capital is 6.92. 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 6.92, based on 1,256 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 Rocket Sharing Co SpA For the Software industry, the median Net-Net Working Capital is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rocket Sharing Co SpA's current Net-Net Working Capital is €-0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocket Sharing Co SpA stock overvalued right now?
Based on GuruFocus' analysis, Rocket Sharing Co SpA (MIL:RKT) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.53, compared to a current price of €0.40 — trading 25.3% below its estimated fair value. The current Net-Net Working Capital is €-0.31. Rocket Sharing Co SpA's overall GF Score™ is 39/100 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 Rocket Sharing Co SpA (MIL:RKT), the current Net-Net Working Capital is €-0.31 as of Dec. 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.

Is Rocket Sharing Co SpA (MIL:RKT) Overvalued in 2026?

Based on GuruFocus' analysis, Rocket Sharing Co SpA stock appears to be undervalued. The current stock price of €0.40 is trading 25.3% below its estimated GF Value™ of €0.53. GuruFocus considers Rocket Sharing Co SpA to be Modestly Undervalued.

Key valuation signals for MIL:RKT:

  • Net-Net Working Capital: €-0.31
  • GF Value™: €0.53 vs. price of €0.40 (25.3% below fair value)
  • GF Score™: 39/100 with 5 warning signs

No single metric tells the full story. See the MIL:RKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rocket Sharing Co SpA Business Description

Address Galleria San Babila 4/a, Milan, ITA
Rocket Sharing Co SpA has developed a technology-based marketplace blockchain. Through its platform, consumers are encouraged to purchase products and services which provides a cashback incentive mechanism, that allows users to accumulate vouchers to be used as a discount on subsequent purchases.
39GF Score

Get the complete analysis for MIL:RKT

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.40
Price
€0.53
GF Value