Pexip Holding ASA (OSL:PEXIP) Net-Net Working Capital: kr3.45 (As of Mar. 2026)

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OSL:PEXIP Pexip Holding ASA OSL:PEXIP
57 GF Score
Price kr80.70
GF Value kr46.46
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Pexip Holding ASA Net-Net Working Capital?

Pexip Holding ASA OSL:PEXIP -2.89% 57 Net-Net Working Capital is kr3.45 as of Mar. 2026. GuruFocus rates OSL:PEXIP with a GF Score™ of 57/100 and a GF Value™ of kr46.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,257 Software companies, Pexip Holding ASA ranks worse than 82.26% 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.

Pexip Holding ASA's Net-Net Working Capital for the quarter that ended in Mar. 2026 was kr3.45.

The industry rank for Pexip Holding ASA's Net-Net Working Capital or its related term are showing as below:

OSL:PEXIP's Price-to-Net-Net-Working-Capital is ranked worse than
82.26% of 1257 companies
in the Software industry
Industry Median: 6.8 vs OSL:PEXIP: 23.39

Pexip Holding ASA  (OSL:PEXIP) 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.


Pexip Holding ASA Net-Net Working Capital Related Terms


Pexip Holding ASA Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Pexip Holding ASA'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.

Pexip Holding ASA Net-Net Working Capital Chart

Pexip Holding ASA 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 4.67 0.62 1.87 2.54 1.73

Pexip Holding ASA 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 3.88 1.42 1.38 1.73 3.45

OSL:PEXIP vs UBER, SHOP, CRM: Net-Net Working Capital Comparison

For the Software - Application subindustry, Pexip Holding ASA'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.


Pexip Holding ASA Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, Pexip Holding ASA's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Pexip Holding ASA's Price-to-Net-Net-Working-Capital falls into.


OSL:PEXIP
57GF Score
Pexip Holding ASA OSL:PEXIP
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pexip Holding ASA Net-Net Working Capital Calculation

Pexip Holding ASA'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)
=(603.342+0.75 * 315.578+0.5 * 0-662.396
-0-0)/102.477
=1.73

Pexip Holding ASA'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)
=(781.883+0.75 * 209.321+0.5 * 0-578.965
-0-0)/104.382
=3.45

* 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 kr3.45 mean?
Pexip Holding ASA (OSL:PEXIP) has a Net-Net Working Capital of kr3.45 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 Pexip Holding ASA According to the industry distribution chart, Pexip Holding ASA ranks #1034 out of 1257 companies in the Software industry, placing it in the top 82.3%.
Is Pexip Holding ASA's Net-Net Working Capital too high?
Pexip Holding ASA's current Net-Net Working Capital is kr3.45. Based on the distribution chart, Pexip Holding ASA ranks #1034 out of 1257 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Pexip Holding ASA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pexip Holding ASA's Net-Net Working Capital compare to UBER and SHOP?
According to the Software industry distribution chart, Pexip Holding ASA ranks #1034 out of 1257 companies for Net-Net Working Capital. This places Pexip Holding ASA in the lower half of its industry. The industry median Net-Net Working Capital is 6.80. 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 Software company?
The median Net-Net Working Capital among Software companies is 6.80, based on 1,257 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 Pexip Holding ASA For the Software industry, the median Net-Net Working Capital is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pexip Holding ASA's current Net-Net Working Capital is kr3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pexip Holding ASA stock overvalued right now?
Based on GuruFocus' analysis, Pexip Holding ASA (OSL:PEXIP) is currently considered Significantly Overvalued. The stock's GF Value™ is kr46.46, compared to a current price of kr80.70 — trading 73.7% above its estimated fair value. The current Net-Net Working Capital is kr3.45. Pexip Holding ASA's overall GF Score™ is 57/100 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 Pexip Holding ASA (OSL:PEXIP), the current Net-Net Working Capital is kr3.45 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 Pexip Holding ASA (OSL:PEXIP) Overvalued in 2026?

Based on GuruFocus' analysis, Pexip Holding ASA stock appears to be overvalued. The current stock price of kr80.70 is trading 73.7% above its estimated GF Value™ of kr46.46. GuruFocus considers Pexip Holding ASA to be Significantly Overvalued.

Key valuation signals for OSL:PEXIP:

  • Net-Net Working Capital: kr3.45
  • GF Value™: kr46.46 vs. price of kr80.70 (73.7% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Pexip Holding ASA Business Description

Address Lilleakerveien 2A, 8th Floor, Oslo, NOR, 0283
Pexip Holding ASA is a technology company that provides video communication solutions and virtual meeting solutions for businesses and individuals. The company serves Government, Healthcare, defense, Education, Finance, and other industries. Geographically, it derives a majority of revenue from Europe, the Middle East, and Africa and also has a presence in the Americas and the Asia Pacific.
57GF Score

Get the complete analysis for OSL:PEXIP

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

kr80.70
Price
kr46.46
GF Value