Siminn hf (OISE:SIMINN) Net-Net Working Capital: kr-10.23 (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.

OISE:SIMINN Siminn hf OISE:SIMINN
92 GF Score
Price kr12.60
GF Value kr15.35
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Siminn hf Net-Net Working Capital?

Siminn hf OISE:SIMINN -0.40% 92 Net-Net Working Capital is kr-10.23 as of Mar. 2026. GuruFocus rates OISE:SIMINN with a GF Score™ of 92/100 and a GF Value™ of kr15.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 56 Telecommunication Services companies, Siminn hf ranks worse than 1785712.5% 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.

Siminn hf's Net-Net Working Capital for the quarter that ended in Mar. 2026 was kr-10.23.

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

OISE:SIMINN's Price-to-Net-Net-Working-Capital is not ranked *
in the Telecommunication Services industry.
Industry Median: 6.31
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Siminn hf  (OISE:SIMINN) 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.


Siminn hf Net-Net Working Capital Related Terms


Siminn hf Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Siminn 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.

Siminn hf Net-Net Working Capital Chart

Siminn hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.38 2.12 -4.78 -7.99 -10.11

Siminn hf 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 -9.19 -9.20 -9.22 -10.11 -10.23

OISE:SIMINN vs VZ, TMUS, T: Net-Net Working Capital Comparison

For the Telecom Services subindustry, Siminn 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.


Siminn hf Price-to-Net-Net-Working-Capital vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Siminn hf's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


OISE:SIMINN
92GF Score
Siminn hf OISE:SIMINN
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siminn hf Net-Net Working Capital Calculation

Siminn 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)
=(980+0.75 * 2538+0.5 * 1550-27221
-0-0)/2331.000
=-10.11

Siminn hf'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)
=(4078+0.75 * 2371+0.5 * 1593-30454
-0-0)/2326.131
=-10.23

* 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-10.23 mean?
Siminn hf (OISE:SIMINN) has a Net-Net Working Capital of kr-10.23 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 Siminn hf According to the industry distribution chart, Siminn hf ranks #999999 out of 56 companies in the Telecommunication Services industry.
Is Siminn hf's Net-Net Working Capital too high?
Siminn hf's current Net-Net Working Capital is kr-10.23. Based on the distribution chart, Siminn hf ranks #999999 out of 56 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Siminn hf has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siminn hf's Net-Net Working Capital compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Siminn hf ranks #999999 out of 56 companies for Net-Net Working Capital. This places Siminn hf in the lower half of its industry. The industry median Net-Net Working Capital is 6.31. 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 Telecommunication Services company?
The median Net-Net Working Capital among Telecommunication Services companies is 6.31, based on 56 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 Siminn hf For the Telecommunication Services industry, the median Net-Net Working Capital is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siminn hf's current Net-Net Working Capital is kr-10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siminn hf stock overvalued right now?
Based on GuruFocus' analysis, Siminn hf (OISE:SIMINN) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.35, compared to a current price of kr12.60 — trading 17.9% below its estimated fair value. The current Net-Net Working Capital is kr-10.23. Siminn hf's overall GF Score™ is 92/100 with 3 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 Siminn hf (OISE:SIMINN), the current Net-Net Working Capital is kr-10.23 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 Siminn hf (OISE:SIMINN) Overvalued in 2026?

Based on GuruFocus' analysis, Siminn hf stock appears to be undervalued. The current stock price of kr12.60 is trading 17.9% below its estimated GF Value™ of kr15.35. GuruFocus considers Siminn hf to be Modestly Undervalued.

Key valuation signals for OISE:SIMINN:

  • Net-Net Working Capital: kr-10.23
  • GF Value™: kr15.35 vs. price of kr12.60 (17.9% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


Siminn hf Business Description

Address Armula 25, Reykjavik, ISL, 108
Siminn hf is an Iceland-based telecommunications company engaged in offering communication services. The operating segments of the company are Mobile, Internet, and Network; TV; Equipment sales; and Others. It derives a majority of the revenue from the Internet and Network segment, which involves revenue from data service, including xDSL service, GPON, Internet, IP net, core network, local loop, and access network. The Mobile segment involves revenue from mobile services in Iceland and abroad, whether traditional GSM service, satellite service, wholesale mobile service, or other mobile services.
92GF Score

Get the complete analysis for OISE:SIMINN

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

kr12.60
Price
kr15.35
GF Value