Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Abraj Energy Services CoOG's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ر.ع-0.14.
The industry rank for Abraj Energy Services CoOG's Net-Net Working Capital or its related term are showing as below:
MUS:ABRJ's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.26 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Abraj Energy Services CoOG (MUS:ABRJ) 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.
Abraj Energy Services CoOG Net-Net Working Capital Related Terms
Abraj Energy Services CoOG Net-Net Working Capital Historical Data
* 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.
Abraj Energy Services CoOG Net-Net Working Capital Chart
MUS:ABRJ vs NE, RIG, VAL: Net-Net Working Capital Comparison
For the Oil & Gas Drilling subindustry, Abraj Energy Services CoOG'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.
Abraj Energy Services CoOG Price-to-Net-Net-Working-Capital vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Abraj Energy Services CoOG's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Abraj Energy Services CoOG'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 ر.ع-0.14 mean?
Abraj Energy Services CoOG (MUS:ABRJ) has a Net-Net Working Capital of ر.ع-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 Abraj Energy Services CoOG According to the industry distribution chart, Abraj Energy Services CoOG ranks #999999 out of 191 companies in the Oil & Gas industry.
Is Abraj Energy Services CoOG's Net-Net Working Capital too high?
Abraj Energy Services CoOG's current Net-Net Working Capital is ر.ع-0.14. Based on the distribution chart, Abraj Energy Services CoOG ranks #999999 out of 191 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Abraj Energy Services CoOG has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Abraj Energy Services CoOG's Net-Net Working Capital compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Abraj Energy Services CoOG ranks #999999 out of 191 companies for Net-Net Working Capital. This places Abraj Energy Services CoOG in the lower half of its industry. The industry median Net-Net Working Capital is 6.26. 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 Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.26, based on 191 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 Abraj Energy Services CoOG For the Oil & Gas industry, the median Net-Net Working Capital is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abraj Energy Services CoOG's current Net-Net Working Capital is ر.ع-0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abraj Energy Services CoOG stock overvalued right now?
Based on GuruFocus' analysis, Abraj Energy Services CoOG (MUS:ABRJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.30, compared to a current price of ر.ع0.39 — trading 31.3% above its estimated fair value. The current Net-Net Working Capital is ر.ع-0.14. Abraj Energy Services CoOG's overall GF Score™ is 28/100 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 Abraj Energy Services CoOG (MUS:ABRJ), the current Net-Net Working Capital is ر.ع-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 Abraj Energy Services CoOG (MUS:ABRJ) Overvalued in 2026?
Based on GuruFocus' analysis, Abraj Energy Services CoOG stock appears to be overvalued.
The current stock price of ر.ع0.39 is trading 31.3% above its estimated GF Value™ of ر.ع0.30.
GuruFocus considers Abraj Energy Services CoOG to be Significantly Overvalued.
Key valuation signals for MUS:ABRJ:
Net-Net Working Capital: ر.ع-0.14
GF Value™: ر.ع0.30 vs. price of ر.ع0.39 (31.3% above fair value)
No single metric tells the full story. See the MUS:ABRJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abraj Energy Services Co SAOG is an integrated energy company. It mainly provides oilfield services such as onshore drilling, workover, flowback, well testing, healthy intervention, cementing, fracturing, coil tubing, integrated project management, drilling fluids services, and training services. It has two reportable segments: Drilling and Work Over, Well Services, and Others of which it generates the majority of the revenue from the Drilling and Work Over Segment.
28GF Score
Get the complete analysis for MUS:ABRJ
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:ABRJ has been successfully added to your 
