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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.
FOM Technologies AS's Net-Net Working Capital for the quarter that ended in Jun. 2026 was kr0.79.
The industry rank for FOM Technologies AS's Net-Net Working Capital or its related term are showing as below:
OCSE:FOM's Price-to-Net-Net-Working-Capital is ranked better than 83.88% of 1315
companies
in the Industrial Products industry
Industry Median: 8.26
vs OCSE:FOM: 2.56
FOM Technologies AS (OCSE:FOM) 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.
FOM Technologies AS Net-Net Working Capital Related Terms
FOM Technologies AS Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for FOM Technologies AS'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.
OCSE:FOM vs GEV, ETN, PH: Net-Net Working Capital Comparison
For the Specialty Industrial Machinery subindustry, FOM Technologies AS'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.
FOM Technologies AS Price-to-Net-Net-Working-Capital vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FOM Technologies AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where FOM Technologies AS'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 kr0.79 mean?
FOM Technologies AS (OCSE:FOM) has a Net-Net Working Capital of kr0.79 as of Jun. 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 FOM Technologies AS According to the industry distribution chart, FOM Technologies AS ranks #212 out of 1315 companies in the Industrial Products industry, placing it in the top 16.1%.
Is FOM Technologies AS's Net-Net Working Capital too high?
FOM Technologies AS's current Net-Net Working Capital is kr0.79. Based on the distribution chart, FOM Technologies AS ranks #212 out of 1315 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, FOM Technologies AS has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FOM Technologies AS's Net-Net Working Capital compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FOM Technologies AS ranks #212 out of 1315 companies for Net-Net Working Capital. This places FOM Technologies AS in the top 16% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 8.26. 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 Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 8.26, based on 1,315 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 FOM Technologies AS For the Industrial Products industry, the median Net-Net Working Capital is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FOM Technologies AS's current Net-Net Working Capital is kr0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FOM Technologies AS stock overvalued right now?
Based on GuruFocus' analysis, FOM Technologies AS (OCSE:FOM) is currently considered Possible Value Trap. The stock's GF Value™ is kr3.35, compared to a current price of kr2.02 — trading 39.7% below its estimated fair value. The current Net-Net Working Capital is kr0.79. FOM Technologies AS's overall GF Score™ is 62/100 with 5 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 FOM Technologies AS (OCSE:FOM), the current Net-Net Working Capital is kr0.79 as of Jun. 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 FOM Technologies AS (OCSE:FOM) Overvalued in 2026?
Based on GuruFocus' analysis, FOM Technologies AS stock appears to be undervalued.
The current stock price of kr2.02 is trading 39.7% below its estimated GF Value™ of kr3.35.
GuruFocus considers FOM Technologies AS to be Possible Value Trap.
Key valuation signals for OCSE:FOM:
Net-Net Working Capital: kr0.79
GF Value™: kr3.35 vs. price of kr2.02 (39.7% below fair value)
No single metric tells the full story. See the OCSE:FOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FOM Technologies AS is engaged in the development and sale of machinery and equipment for material production and research. The company is a supplier of lab and pilot-scale slot die coating tools for material R&D and upscaling to commercial production. The company's products include Machine rolls, Machine sheets, Machine rolls-to-rolls, and Slot-die heads.
62GF Score
Get the complete analysis for OCSE:FOM
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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