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Automotive FincoRMIAF 46 Net-Net Working Capital is $0.87 as of Mar. 2026. GuruFocus rates RMIAF with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 76 Credit Services companies, Automotive Finco ranks better than 85.53% 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.
Automotive Finco's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.87.
The industry rank for Automotive Finco's Net-Net Working Capital or its related term are showing as below:
RMIAF's Price-to-Net-Net-Working-Capital is ranked better than 85.53% of 76
companies
in the Credit Services industry
Industry Median: 6.9
vs RMIAF: 1.11
Automotive Finco (OTCPK:RMIAF) 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.
Automotive Finco Net-Net Working Capital Related Terms
Automotive Finco Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Automotive Finco'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.
RMIAF vs V, MA, AXP: Net-Net Working Capital Comparison
For the Credit Services subindustry, Automotive Finco'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.
Automotive Finco Price-to-Net-Net-Working-Capital vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Automotive Finco's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Automotive Finco's Price-to-Net-Net-Working-Capital falls into.
* 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 $0.87 mean?
Automotive Finco (RMIAF) has a Net-Net Working Capital of $0.87 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 Automotive Finco According to the industry distribution chart, Automotive Finco ranks #11 out of 76 companies in the Credit Services industry, placing it in the top 14.5%.
Is Automotive Finco's Net-Net Working Capital too high?
Automotive Finco's current Net-Net Working Capital is $0.87. The Credit Services industry median Net-Net Working Capital is 6.90. Automotive Finco's value of $0.87 is 87.4% below this industry median. Based on the distribution chart, Automotive Finco ranks #11 out of 76 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Automotive Finco has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Automotive Finco's Net-Net Working Capital compare to V and MA?
According to the Credit Services industry distribution chart, Automotive Finco ranks #11 out of 76 companies for Net-Net Working Capital. This places Automotive Finco in the top 15% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.90. Automotive Finco's value of $0.87 is 87.4% below this benchmark. 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 Credit Services company?
The median Net-Net Working Capital among Credit Services companies is 6.90, based on 76 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. Automotive Finco's current Net-Net Working Capital of $0.87 is 87.4% below the industry median. 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 Automotive Finco For the Credit Services industry, the median Net-Net Working Capital is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automotive Finco's current Net-Net Working Capital is $0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automotive Finco stock overvalued right now?
Automotive Finco (RMIAF) has a current Net-Net Working Capital of $0.87. The current Net-Net Working Capital is $0.87 and 87.4% below the Credit Services industry median of 6.90. Automotive Finco's overall GF Score™ is 46/100 with 7 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 Automotive Finco (RMIAF), the current Net-Net Working Capital is $0.87 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.
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.
46GF Score
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