Salalah Mills CoOG (MUS:SFMI) Net-Net Working Capital: ر.ع-0.39 (As of Dec. 2025)

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MUS:SFMI Salalah Mills Co SAOG MUS:SFMI
55 GF Score
Price ر.ع0.60
GF Value ر.ع0.59
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Salalah Mills CoOG Net-Net Working Capital?

Salalah Mills CoOG MUS:SFMI 55 Net-Net Working Capital is ر.ع-0.39 as of Dec. 2025. GuruFocus rates MUS:SFMI with a GF Score™ of 55/100 and a GF Value™ of ر.ع0.59 (Fairly Valued). The stock has 8 warning signs investors should review. Among 664 Consumer Packaged Goods companies, Salalah Mills CoOG ranks worse than 150602.26% 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.

Salalah Mills CoOG's Net-Net Working Capital for the quarter that ended in Dec. 2025 was ر.ع-0.39.

The industry rank for Salalah Mills CoOG's Net-Net Working Capital or its related term are showing as below:

MUS:SFMI's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.71
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Salalah Mills CoOG  (MUS:SFMI) 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.


Salalah Mills CoOG Net-Net Working Capital Related Terms


Salalah Mills CoOG Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Salalah Mills CoOG'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.

Salalah Mills CoOG Net-Net Working Capital Chart

Salalah Mills CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -0.50 -0.55 -0.58 -0.39

Salalah Mills CoOG Quarterly Data
Jun17 Sep17 Dec17 Mar18 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.58 -0.33 -0.35 -0.36 -0.39

MUS:SFMI vs ADM, BG, TSN: Net-Net Working Capital Comparison

For the Farm Products subindustry, Salalah Mills 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.


Salalah Mills CoOG Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salalah Mills CoOG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Salalah Mills CoOG's Price-to-Net-Net-Working-Capital falls into.


MUS:SFMI
55GF Score
Salalah Mills Co SAOG MUS:SFMI
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salalah Mills CoOG Net-Net Working Capital Calculation

Salalah Mills CoOG'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)
=(16.943+0.75 * 12.126+0.5 * 23.058-62.052
-0-0)/62.463
=-0.39

Salalah Mills CoOG'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)
=(16.943+0.75 * 12.126+0.5 * 23.058-62.052
-0-0)/62.463
=-0.39

* 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-0.39 mean?
Salalah Mills CoOG (MUS:SFMI) has a Net-Net Working Capital of ر.ع-0.39 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 Salalah Mills CoOG According to the industry distribution chart, Salalah Mills CoOG ranks #999999 out of 664 companies in the Consumer Packaged Goods industry.
Is Salalah Mills CoOG's Net-Net Working Capital too high?
Salalah Mills CoOG's current Net-Net Working Capital is ر.ع-0.39. Based on the distribution chart, Salalah Mills CoOG ranks #999999 out of 664 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Salalah Mills CoOG has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Salalah Mills CoOG's Net-Net Working Capital compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Salalah Mills CoOG ranks #999999 out of 664 companies for Net-Net Working Capital. This places Salalah Mills CoOG in the lower half of its industry. The industry median Net-Net Working Capital is 6.71. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.71, based on 664 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 Salalah Mills CoOG For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salalah Mills CoOG's current Net-Net Working Capital is ر.ع-0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salalah Mills CoOG stock overvalued right now?
Based on GuruFocus' analysis, Salalah Mills CoOG (MUS:SFMI) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.59, compared to a current price of ر.ع0.60 — trading 2.4% above its estimated fair value. The current Net-Net Working Capital is ر.ع-0.39. Salalah Mills CoOG's overall GF Score™ is 55/100 with 8 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 Salalah Mills CoOG (MUS:SFMI), the current Net-Net Working Capital is ر.ع-0.39 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 Salalah Mills CoOG (MUS:SFMI) Overvalued in 2026?

Based on GuruFocus' analysis, Salalah Mills CoOG stock appears to be overvalued. The current stock price of ر.ع0.60 is trading 2.4% above its estimated GF Value™ of ر.ع0.59. GuruFocus considers Salalah Mills CoOG to be Fairly Valued.

Key valuation signals for MUS:SFMI:

  • Net-Net Working Capital: ر.ع-0.39
  • GF Value™: ر.ع0.59 vs. price of ر.ع0.60 (2.4% above fair value)
  • GF Score™: 55/100 with 8 warning signs

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


Salalah Mills CoOG Business Description

Address Al Awqadain, P.O Box 67, Salalah, OMN, 217
Salalah Mills Co SAOG Company is engaged in the milling of wheat flour, bran, and feed, and in distributing premium-quality wheat products to the Oman market as well as exporting to African and other neighbouring countries. The Company is also involved in the production and sale of macaroni, pasta, and related food products. Furthermore, it is involved in the production and sale of polypropylene bags. Its segments are Wheat and Flour, which generate maximum revenue, Macaroni, Plastic, Animal Feed, and Others. It operates in the Sultanate of Oman, which generates maximum revenue, as well as in Africa, the Republic of Yemen, and other regions.
55GF Score

Get the complete analysis for MUS:SFMI

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

ر.ع0.60
Price
ر.ع0.59
GF Value