ODTLF (Odfjell Technology) Net-Net Working Capital: $-5.98 (As of Mar. 2026)

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ODTLF Odfjell Technology Ltd ODTLF
68 GF Score
Price $5.39
GF Value $6.20
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Odfjell Technology Net-Net Working Capital?

Odfjell Technology ODTLF 68 Net-Net Working Capital is $-5.98 as of Mar. 2026. GuruFocus rates ODTLF with a GF Score™ of 68/100 and a GF Value™ of $6.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 189 Oil & Gas companies, Odfjell Technology ranks worse than 529100% 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.

Odfjell Technology's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-5.98.

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

ODTLF's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.3
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Odfjell Technology  (OTCPK:ODTLF) 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.


Odfjell Technology Net-Net Working Capital Related Terms


Odfjell Technology Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Odfjell Technology'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.

Odfjell Technology Net-Net Working Capital Chart

Odfjell Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -0.18 -3.71 -3.67 -3.86 -4.92

Odfjell Technology 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 -3.38 -3.94 -4.18 -4.92 -5.98

ODTLF vs NE, RIG, VAL: Net-Net Working Capital Comparison

For the Oil & Gas Drilling subindustry, Odfjell Technology'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.


Odfjell Technology Price-to-Net-Net-Working-Capital vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Odfjell Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


ODTLF
68GF Score
Odfjell Technology Ltd ODTLF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Odfjell Technology Net-Net Working Capital Calculation

Odfjell Technology'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)
=(60.671+0.75 * 61.562+0.5 * 9.518-305.692
-0-0)/39.464
=-4.92

Odfjell Technology'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)
=(55.681+0.75 * 121.457+0.5 * 0-382.944
-0-0)/39.464
=-5.98

* 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 $-5.98 mean?
Odfjell Technology (ODTLF) has a Net-Net Working Capital of $-5.98 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 Odfjell Technology According to the industry distribution chart, Odfjell Technology ranks #999999 out of 189 companies in the Oil & Gas industry.
Is Odfjell Technology's Net-Net Working Capital too high?
Odfjell Technology's current Net-Net Working Capital is $-5.98. Based on the distribution chart, Odfjell Technology ranks #999999 out of 189 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Odfjell Technology has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Technology's Net-Net Working Capital compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Technology ranks #999999 out of 189 companies for Net-Net Working Capital. This places Odfjell Technology in the lower half of its industry. The industry median Net-Net Working Capital is 6.30. 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 6.30, based on 189 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 Odfjell Technology For the Oil & Gas industry, the median Net-Net Working Capital is 6.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Technology's current Net-Net Working Capital is $-5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Technology stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Technology (ODTLF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.20, compared to a current price of $5.39 — trading 13.1% below its estimated fair value. The current Net-Net Working Capital is $-5.98. Odfjell Technology's overall GF Score™ is 68/100 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 Odfjell Technology (ODTLF), the current Net-Net Working Capital is $-5.98 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 Odfjell Technology (ODTLF) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Technology stock appears to be undervalued. The current stock price of $5.39 is trading 13.1% below its estimated GF Value™ of $6.20. GuruFocus considers Odfjell Technology to be Modestly Undervalued.

Key valuation signals for ODTLF:

  • Net-Net Working Capital: $-5.98
  • GF Value™: $6.20 vs. price of $5.39 (13.1% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Odfjell Technology Business Description

Industry EnergyOil & Gas
Address Prime View, Prime Four Business Park, Lower Ground Floor, Kingswells, Aberdeen, GBR, AB15 8PU
Odfjell Technology Ltd is a well services, drilling operations, engineering, and sustainable energy solutions provider, offering engineering services, well services, and drilling operation services to both onshore and offshore drilling operations, with an offshore focus. It is an integrated supplier of offshore operations, well services technology and engineering solutions, delivering safe, efficient, and sustainable operations, reducing time, cost, and carbon emissions. The Group operates three Business Areas; Well Services, Operations, and Projects & Engineering.
68GF Score

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

$5.39
Price
$6.20
GF Value