NSCIF (Nanalysis Scientific) Net-Net Working Capital: $-0.07 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSCIF Nanalysis Scientific Corp NSCIF
50 GF Score
Price $0.09
GF Value $0.21
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Nanalysis Scientific Net-Net Working Capital?

Nanalysis Scientific NSCIF +2.32% 50 Net-Net Working Capital is $-0.07 as of Mar. 2026. GuruFocus rates NSCIF with a GF Score™ of 50/100 and a GF Value™ of $0.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,218 Hardware companies, Nanalysis Scientific ranks worse than 82101.72% 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.

Nanalysis Scientific's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.07.

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

NSCIF's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 9.18
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Nanalysis Scientific  (OTCPK:NSCIF) 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.


Nanalysis Scientific Net-Net Working Capital Related Terms


Nanalysis Scientific Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Nanalysis Scientific'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.

Nanalysis Scientific Net-Net Working Capital Chart

Nanalysis Scientific Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial 0.02 -0.18 -0.15 -0.10 -0.09

Nanalysis Scientific 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 -0.10 -0.11 -0.11 -0.09 -0.07

NSCIF vs COHR, KEYS, GRMN: Net-Net Working Capital Comparison

For the Scientific & Technical Instruments subindustry, Nanalysis Scientific'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.


Nanalysis Scientific Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, Nanalysis Scientific's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


NSCIF
50GF Score
Nanalysis Scientific Corp NSCIF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nanalysis Scientific Net-Net Working Capital Calculation

Nanalysis Scientific'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)
=(0.395+0.75 * 5.361+0.5 * 2.645-18.118
-0-0)/132.310
=-0.09

Nanalysis Scientific'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)
=(0.533+0.75 * 5.678+0.5 * 2.768-16.072
-0-0)/138.455
=-0.07

* 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 $-0.07 mean?
Nanalysis Scientific (NSCIF) has a Net-Net Working Capital of $-0.07 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 Nanalysis Scientific According to the industry distribution chart, Nanalysis Scientific ranks #999999 out of 1218 companies in the Hardware industry.
Is Nanalysis Scientific's Net-Net Working Capital too high?
Nanalysis Scientific's current Net-Net Working Capital is $-0.07. Based on the distribution chart, Nanalysis Scientific ranks #999999 out of 1218 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nanalysis Scientific has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nanalysis Scientific's Net-Net Working Capital compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nanalysis Scientific ranks #999999 out of 1218 companies for Net-Net Working Capital. This places Nanalysis Scientific in the lower half of its industry. The industry median Net-Net Working Capital is 9.18. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.18, based on 1,218 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 Nanalysis Scientific For the Hardware industry, the median Net-Net Working Capital is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanalysis Scientific's current Net-Net Working Capital is $-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanalysis Scientific stock overvalued right now?
Based on GuruFocus' analysis, Nanalysis Scientific (NSCIF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.21, compared to a current price of $0.09 — trading 56.1% below its estimated fair value. The current Net-Net Working Capital is $-0.07. Nanalysis Scientific's overall GF Score™ is 50/100 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 Nanalysis Scientific (NSCIF), the current Net-Net Working Capital is $-0.07 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 Nanalysis Scientific (NSCIF) Overvalued in 2026?

Based on GuruFocus' analysis, Nanalysis Scientific stock appears to be undervalued. The current stock price of $0.09 is trading 56.1% below its estimated GF Value™ of $0.21. GuruFocus considers Nanalysis Scientific to be Possible Value Trap.

Key valuation signals for NSCIF:

  • Net-Net Working Capital: $-0.07
  • GF Value™: $0.21 vs. price of $0.09 (56.1% below fair value)
  • GF Score™: 50/100 with 4 warning signs

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


Nanalysis Scientific Business Description

Other Exchanges 1N1:GermanyNSCI:Canada
Address Bay 1, 4600 5th Street NE, Calgary, AB, CAN, T3J 5J9
Nanalysis Scientific Corp has two primary operating segments. Its first operating segment, Scientific Equipment, conducts scientific equipment manufacturing and sales, mainly as a patent-protected technology company that develops, manufactures, and sells magnetic resonance products for education, pharmaceutical, biotech, nutraceutical, chemical, food, materials, security, life science, and medical applications. Its second operating segment, Security Services, focuses on providing preventative and on-call maintenance services, as well as installation of detection and analysis equipment. The majority of this segment consists of servicing a Crown Corporation of the Government of Canada, maintaining imaging and security equipment at international airports across Canada.
50GF Score

Get the complete analysis for NSCIF

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

$0.09
Price
$0.21
GF Value