MITFF (MITIE Group) Net-Net Working Capital: $-1.17 (As of Mar. 2026)


MITFF MITIE Group PLC MITFF
89 GF Score
Price $2.02
GF Value $2.10
Valuation Fairly Valued
! 2 Warning Signs
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What is MITIE Group Net-Net Working Capital?

MITIE Group MITFF 89 Net-Net Working Capital is $-1.17 as of Mar. 2026. GuruFocus rates MITFF with a GF Score™ of 89/100 and a GF Value™ of $2.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 445 Business Services companies, MITIE Group ranks worse than 224718.88% 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.

MITIE Group's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-1.17.

The industry rank for MITIE Group's Net-Net Working Capital or its related term are showing as below:

MITFF's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.59
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

MITIE Group  (OTCPK:MITFF) 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.


MITIE Group Net-Net Working Capital Related Terms


MITIE Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for MITIE Group'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.

MITIE Group Net-Net Working Capital Chart

MITIE Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -0.53 -0.65 -0.86 -1.17

MITIE Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.65 -0.80 -0.86 -1.15 -1.17

MITFF vs CTAS, CPRT, ULS: Net-Net Working Capital Comparison

For the Specialty Business Services subindustry, MITIE Group'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.


MITIE Group Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, MITIE Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where MITIE Group's Price-to-Net-Net-Working-Capital falls into.


MITFF
89GF Score
MITIE Group PLC MITFF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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MITIE Group Net-Net Working Capital Calculation

MITIE Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(137.6+0.75 * 1442.933+0.5 * 35.6-2682.4
-0-24.267)/1255.245
=-1.17

MITIE Group'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)
=(137.6+0.75 * 1442.933+0.5 * 35.6-2682.4
-0-24.267)/1255.245
=-1.17

* 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 $-1.17 mean?
MITIE Group (MITFF) has a Net-Net Working Capital of $-1.17 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 MITIE Group According to the industry distribution chart, MITIE Group ranks #999999 out of 445 companies in the Business Services industry.
Is MITIE Group's Net-Net Working Capital too high?
MITIE Group's current Net-Net Working Capital is $-1.17. Based on the distribution chart, MITIE Group ranks #999999 out of 445 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, MITIE Group has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MITIE Group's Net-Net Working Capital compare to CTAS and CPRT?
According to the Business Services industry distribution chart, MITIE Group ranks #999999 out of 445 companies for Net-Net Working Capital. This places MITIE Group in the lower half of its industry. The industry median Net-Net Working Capital is 5.59. 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.59, based on 445 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 MITIE Group For the Business Services industry, the median Net-Net Working Capital is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MITIE Group's current Net-Net Working Capital is $-1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITIE Group stock overvalued right now?
Based on GuruFocus' analysis, MITIE Group (MITFF) is currently considered Fairly Valued. The stock's GF Value™ is $2.10, compared to a current price of $2.02 — trading 3.8% below its estimated fair value. The current Net-Net Working Capital is $-1.17. MITIE Group's overall GF Score™ is 89/100 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 MITIE Group (MITFF), the current Net-Net Working Capital is $-1.17 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 MITIE Group (MITFF) Overvalued in 2026?

Based on GuruFocus' analysis, MITIE Group stock appears to be undervalued. The current stock price of $2.02 is trading 3.8% below its estimated GF Value™ of $2.10. GuruFocus considers MITIE Group to be Fairly Valued.

Key valuation signals for MITFF:

  • Net-Net Working Capital: $-1.17
  • GF Value™: $2.10 vs. price of $2.02 (3.8% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


MITIE Group Business Description

Address 32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG
MITIE Group PLC provides strategic outsourcing services. The company delivers Facilities Management, Facilities Transformation and Facilities Compliance services. It operates in two segments namely Business Services segment provides security and hygiene services across public and private sector contracts, including expertise in Central Government and Immigration & Justice, and Technical Services provides engineering facilities management services for buildings and critical assets, including for the Ministry of Defence (MoD) and in Healthcare, Local Government & Education. The division also delivers Facilities Transformation projects in high-growth areas including buildings infrastructure, decarbonisation technologies, data centres and power & grid connections.
89GF Score

Get the complete analysis for MITFF

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

$2.02
Price
$2.10
GF Value