PNTOF (Pantoro Gold) Net-Net Working Capital: $0.00 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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PNTOF Pantoro Gold Ltd PNTOF
57 GF Score
Price $1.46
GF Value $1.84
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Pantoro Gold Net-Net Working Capital?

Pantoro Gold PNTOF 57 Net-Net Working Capital is $0.00 as of Dec. 2025. GuruFocus rates PNTOF with a GF Score™ of 57/100 and a GF Value™ of $1.84 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,134 Metals & Mining companies, Pantoro Gold ranks worse than 99.21% 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.

Pantoro Gold's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $0.00.

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

PNTOF's Price-to-Net-Net-Working-Capital is ranked worse than
99.21% of 1134 companies
in the Metals & Mining industry
Industry Median: 6.88 vs PNTOF: 146.00

Pantoro Gold  (OTCPK:PNTOF) 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.


Pantoro Gold Net-Net Working Capital Related Terms


Pantoro Gold Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Pantoro Gold'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.

Pantoro Gold Net-Net Working Capital Chart

Pantoro Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.35 -0.31 -0.07 -0.03

Pantoro Gold Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only -0.24 -0.07 -0.04 -0.03 0.00

PNTOF vs NEM, AU: Net-Net Working Capital Comparison

For the Gold subindustry, Pantoro Gold'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.


Pantoro Gold Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pantoro Gold's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


PNTOF
57GF Score
Pantoro Gold Ltd PNTOF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pantoro Gold Net-Net Working Capital Calculation

Pantoro Gold's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net-Net Working Capital(A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(98.728+0.75 * 0+0.5 * 15.842-119.457
-0-0)/392.813
=-0.03

Pantoro Gold'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)
=(125.837+0.75 * 7.314+0.5 * 15.898-137.454
-0-0)/394.181
=0.00

* 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 $0.00 mean?
Pantoro Gold (PNTOF) has a Net-Net Working Capital of $0.00 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 Pantoro Gold According to the industry distribution chart, Pantoro Gold ranks #1125 out of 1134 companies in the Metals & Mining industry, placing it in the top 99.2%.
Is Pantoro Gold's Net-Net Working Capital too high?
Pantoro Gold's current Net-Net Working Capital is $0.00. Based on the distribution chart, Pantoro Gold ranks #1125 out of 1134 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Pantoro Gold has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pantoro Gold's Net-Net Working Capital compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Pantoro Gold ranks #1125 out of 1134 companies for Net-Net Working Capital. This places Pantoro Gold in the lower half of its industry. The industry median Net-Net Working Capital is 6.88. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 6.88, based on 1,134 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 Pantoro Gold For the Metals & Mining industry, the median Net-Net Working Capital is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pantoro Gold's current Net-Net Working Capital is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pantoro Gold stock overvalued right now?
Based on GuruFocus' analysis, Pantoro Gold (PNTOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.84, compared to a current price of $1.46 — trading 20.7% below its estimated fair value. The current Net-Net Working Capital is $0.00. Pantoro Gold's overall GF Score™ is 57/100 with 2 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 Pantoro Gold (PNTOF), the current Net-Net Working Capital is $0.00 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 Pantoro Gold (PNTOF) Overvalued in 2026?

Based on GuruFocus' analysis, Pantoro Gold stock appears to be undervalued. The current stock price of $1.46 is trading 20.7% below its estimated GF Value™ of $1.84. GuruFocus considers Pantoro Gold to be Modestly Undervalued.

Key valuation signals for PNTOF:

  • Net-Net Working Capital: $0.00
  • GF Value™: $1.84 vs. price of $1.46 (20.7% below fair value)
  • GF Score™: 57/100 with 2 warning signs

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


Pantoro Gold Business Description

Other Exchanges RKN:GermanyPNR:Australia
Address 46 Ventnor Avenue, Level 2, West Perth, Perth, WA, AUS, 6005
Pantoro Gold Ltd owns and operates the Norseman Gold Project in Western Australia with active open-pit and underground mines. It operates in a single operating segment, being the Norseman Gold Project.
57GF Score

Get the complete analysis for PNTOF

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

$1.46
Price
$1.84
GF Value