MSGM (Motorsport Games) Net-Net Working Capital: $0.14 (As of Mar. 2026)

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MSGM Motorsport Games Inc MSGM
53 GF Score
Price $3.99
GF Value $2.00
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Motorsport Games Net-Net Working Capital?

Motorsport Games MSGM +2.84% 53 Net-Net Working Capital is $0.14 as of Mar. 2026. GuruFocus rates MSGM with a GF Score™ of 53/100 and a GF Value™ of $2.00 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 296 Interactive Media companies, Motorsport Games ranks worse than 88.18% 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.

Motorsport Games's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.14.

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

MSGM's Price-to-Net-Net-Working-Capital is ranked worse than
88.18% of 296 companies
in the Interactive Media industry
Industry Median: 5.01 vs MSGM: 28.50

Motorsport Games  (NAS:MSGM) 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.


Motorsport Games Net-Net Working Capital Related Terms


Motorsport Games Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Motorsport Games'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.

Motorsport Games Net-Net Working Capital Chart

Motorsport Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial 6.83 -12.69 -2.39 -1.20 0.29

Motorsport Games Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -1.17 0.04 0.20 0.29 0.14

MSGM vs GIGM, GXAI, DKI: Net-Net Working Capital Comparison

For the Electronic Gaming & Multimedia subindustry, Motorsport Games'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.


Motorsport Games Price-to-Net-Net-Working-Capital vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Motorsport Games's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


MSGM
53GF Score
Motorsport Games Inc MSGM
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Motorsport Games Net-Net Working Capital Calculation

Motorsport Games'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)
=(4.993+0.75 * 2.244+0.5 * 0-4.387
-0-0.806)/5.078
=0.29

Motorsport Games'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)
=(5.859+0.75 * 2.267+0.5 * 0-5.323
-0-1.506)/5.078
=0.14

* 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 $0.14 mean?
Motorsport Games (MSGM) has a Net-Net Working Capital of $0.14 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 Motorsport Games According to the industry distribution chart, Motorsport Games ranks #261 out of 296 companies in the Interactive Media industry, placing it in the top 88.2%.
Is Motorsport Games' Net-Net Working Capital too high?
Motorsport Games' current Net-Net Working Capital is $0.14. The Interactive Media industry median Net-Net Working Capital is 5.01. Motorsport Games' value of $0.14 is 97.2% below this industry median. Based on the distribution chart, Motorsport Games ranks #261 out of 296 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Motorsport Games has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Motorsport Games' Net-Net Working Capital compare to GIGM and GXAI?
According to the Interactive Media industry distribution chart, Motorsport Games ranks #261 out of 296 companies for Net-Net Working Capital. This places Motorsport Games in the lower half of its industry. The industry median Net-Net Working Capital is 5.01. Motorsport Games' value of $0.14 is 97.2% 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 Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 5.01, based on 296 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. Motorsport Games's current Net-Net Working Capital of $0.14 is 97.2% 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 Motorsport Games For the Interactive Media industry, the median Net-Net Working Capital is 5.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motorsport Games's current Net-Net Working Capital is $0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motorsport Games stock overvalued right now?
Based on GuruFocus' analysis, Motorsport Games (MSGM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.00, compared to a current price of $3.99 — trading 99.5% above its estimated fair value. The current Net-Net Working Capital is $0.14 and 97.2% below the Interactive Media industry median of 5.01. Motorsport Games' overall GF Score™ is 53/100 with 4 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 Motorsport Games (MSGM), the current Net-Net Working Capital is $0.14 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 Motorsport Games (MSGM) Overvalued in 2026?

Based on GuruFocus' analysis, Motorsport Games stock appears to be overvalued. The current stock price of $3.99 is trading 99.5% above its estimated GF Value™ of $2.00. GuruFocus considers Motorsport Games to be Significantly Overvalued.

Key valuation signals for MSGM:

  • Net-Net Working Capital: $0.14
  • GF Value™: $2.00 vs. price of $3.99 (99.5% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 97.2% below the Interactive Media median (#261 of 296)

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


Motorsport Games Business Description

Address 3350 SW 148th Avenue, Suite 207, Miramar, FL, USA, 33027
Motorsport Games Inc is a racing game developer, publisher, and esports ecosystem provider of official motorsport racing series, including games based on the 24 Hours of Le Mans endurance race (Le Mans) and the associated FIA World Endurance Championship (the WEC). Its portfolio also includes the KartKraft karting simulation game, as well as Studio 397 B.V. (Studio397) and their rFactor 2 realistic racing simulator technology and platform. The games are developed and published for personal computers (PCs) through various digital channels, including full-game and downloadable content (DLC). Additionally, Motorsport Games organizes esports tournaments, competitions, and events. Its reportable segments are: Gaming, which generates the maximum revenue, and Esports.
53GF Score

Get the complete analysis for MSGM

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

$3.99
Price
$2.00
GF Value