Moncler SpAMONRF -2.95%99 Net-Net Working Capital is $-1.62 as of Dec. 2025. GuruFocus rates MONRF with a GF Score™ of 99/100 and a GF Value™ of $69.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 374 Manufacturing - Apparel & Accessories companies, Moncler SpA ranks worse than 267379.41% 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.
Moncler SpA's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-1.62.
The industry rank for Moncler SpA's Net-Net Working Capital or its related term are showing as below:
MONRF's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.38 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Moncler SpA (OTCPK:MONRF) 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.
Moncler SpA Net-Net Working Capital Related Terms
Moncler SpA Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Moncler 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.
MONRF vs RL, LEVI, VFC: Net-Net Working Capital Comparison
For the Apparel Manufacturing subindustry, Moncler 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.
Moncler SpA Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Moncler SpA's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Moncler SpA'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 $-1.62 mean?
Moncler SpA (MONRF) has a Net-Net Working Capital of $-1.62 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 Moncler SpA According to the industry distribution chart, Moncler SpA ranks #999999 out of 374 companies in the Manufacturing - Apparel & Accessories industry.
Is Moncler SpA's Net-Net Working Capital too high?
Moncler SpA's current Net-Net Working Capital is $-1.62. Based on the distribution chart, Moncler SpA ranks #999999 out of 374 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Moncler SpA has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Moncler SpA's Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Moncler SpA ranks #999999 out of 374 companies for Net-Net Working Capital. This places Moncler SpA in the lower half of its industry. The industry median Net-Net Working Capital is 5.38. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.38, based on 374 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 Moncler SpA For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moncler SpA's current Net-Net Working Capital is $-1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moncler SpA stock overvalued right now?
Based on GuruFocus' analysis, Moncler SpA (MONRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $69.56, compared to a current price of $59.20 — trading 14.9% below its estimated fair value. The current Net-Net Working Capital is $-1.62. Moncler SpA's overall GF Score™ is 99/100 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 Moncler SpA (MONRF), the current Net-Net Working Capital is $-1.62 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 Moncler SpA (MONRF) Overvalued in 2026?
Based on GuruFocus' analysis, Moncler SpA stock appears to be undervalued.
The current stock price of $59.20 is trading 14.9% below its estimated GF Value™ of $69.56.
GuruFocus considers Moncler SpA to be Modestly Undervalued.
Key valuation signals for MONRF:
Net-Net Working Capital: $-1.62
GF Value™: $69.56 vs. price of $59.20 (14.9% below fair value)
No single metric tells the full story. See the MONRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Moncler consists of its namesake brand and Stone Island (bought in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 35% of sales generated in Europe, the Middle East, and Africa, 15% in the Americas, and 50% in Asia and rest of the world. Most of Moncler brand sales are direct to consumer, with 86% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed 13% of revenue in 2024.
99GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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