Kaldalon hf (OISE:KALD) Net-Net Working Capital: kr-52.57 (As of Dec. 2025)

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OISE:KALD Kaldalon hf OISE:KALD
54 GF Score
Price kr26.20
GF Value kr34.41
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Kaldalon hf Net-Net Working Capital?

Kaldalon hf OISE:KALD 54 Net-Net Working Capital is kr-52.57 as of Dec. 2025. GuruFocus rates OISE:KALD with a GF Score™ of 54/100 and a GF Value™ of kr34.41 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 327 Real Estate companies, Kaldalon hf ranks worse than 305810.09% 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.

Kaldalon hf's Net-Net Working Capital for the quarter that ended in Dec. 2025 was kr-52.57.

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

OISE:KALD's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.36
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Kaldalon hf  (OISE:KALD) 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.


Kaldalon hf Net-Net Working Capital Related Terms


Kaldalon hf Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Kaldalon hf'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.

Kaldalon hf Net-Net Working Capital Chart

Kaldalon hf Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -21.97 -31.03 -31.32 -44.25 -52.57

Kaldalon hf Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -31.32 -33.73 -44.25 -47.93 -52.57

OISE:KALD vs CBRE, BEKE, JLL: Net-Net Working Capital Comparison

For the Real Estate Services subindustry, Kaldalon hf'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.


Kaldalon hf Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaldalon hf's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


OISE:KALD
54GF Score
Kaldalon hf OISE:KALD
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaldalon hf Net-Net Working Capital Calculation

Kaldalon hf'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)
=(1090+0.75 * 151+0.5 * 0-58283
-0-0)/1085.818
=-52.57

Kaldalon hf'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)
=(1090+0.75 * 151+0.5 * 0-58283
-0-0)/1085.818
=-52.57

* 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 kr-52.57 mean?
Kaldalon hf (OISE:KALD) has a Net-Net Working Capital of kr-52.57 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 Kaldalon hf According to the industry distribution chart, Kaldalon hf ranks #999999 out of 327 companies in the Real Estate industry.
Is Kaldalon hf's Net-Net Working Capital too high?
Kaldalon hf's current Net-Net Working Capital is kr-52.57. Based on the distribution chart, Kaldalon hf ranks #999999 out of 327 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Kaldalon hf has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaldalon hf's Net-Net Working Capital compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Kaldalon hf ranks #999999 out of 327 companies for Net-Net Working Capital. This places Kaldalon hf in the lower half of its industry. The industry median Net-Net Working Capital is 4.36. 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 Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.36, based on 327 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 Kaldalon hf For the Real Estate industry, the median Net-Net Working Capital is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaldalon hf's current Net-Net Working Capital is kr-52.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaldalon hf stock overvalued right now?
Based on GuruFocus' analysis, Kaldalon hf (OISE:KALD) is currently considered Modestly Undervalued. The stock's GF Value™ is kr34.41, compared to a current price of kr26.20 — trading 23.9% below its estimated fair value. The current Net-Net Working Capital is kr-52.57. Kaldalon hf's overall GF Score™ is 54/100 with 6 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 Kaldalon hf (OISE:KALD), the current Net-Net Working Capital is kr-52.57 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 Kaldalon hf (OISE:KALD) Overvalued in 2026?

Based on GuruFocus' analysis, Kaldalon hf stock appears to be undervalued. The current stock price of kr26.20 is trading 23.9% below its estimated GF Value™ of kr34.41. GuruFocus considers Kaldalon hf to be Modestly Undervalued.

Key valuation signals for OISE:KALD:

  • Net-Net Working Capital: kr-52.57
  • GF Value™: kr34.41 vs. price of kr26.20 (23.9% below fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Kaldalon hf Business Description

Address Kollunarklettsvegur 1, 4th Floor, Reykjavik, ISL, 104
Kaldalon hf is engaged in the real estate business, focusing on the acquisition, ownership, and management of income-generating properties. The company operates mainly as a commercial real estate investment company, with a portfolio of industrial, warehouse, and commercial properties, generating revenue mainly through leasing activities.
54GF Score

Get the complete analysis for OISE:KALD

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

kr26.20
Price
kr34.41
GF Value