RNKGF (RENK Group AG) Net-Net Working Capital: $-7.85 (As of Mar. 2026)

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RNKGF RENK Group AG RNKGF
47 GF Score
Price $50.77
! 1 Warning Sign
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What is RENK Group AG Net-Net Working Capital?

RENK Group AG RNKGF 47 Net-Net Working Capital is $-7.85 as of Mar. 2026. GuruFocus rates RNKGF with a GF Score™ of 47/100. The stock has 1 warning sign investors should review. Among 119 Aerospace & Defense companies, RENK Group AG ranks worse than 840335.29% 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.

RENK Group AG's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-7.85.

The industry rank for RENK Group AG's Net-Net Working Capital or its related term are showing as below:

RNKGF's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 9.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

RENK Group AG  (OTCPK:RNKGF) 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.


RENK Group AG Net-Net Working Capital Related Terms


RENK Group AG Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for RENK Group AG'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.

RENK Group AG Net-Net Working Capital Chart

RENK Group AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -8.35 -7.53 -7.35 -7.06 -8.17

RENK Group AG Quarterly Data
Dec20 Dec21 Jun22 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 -7.12 -8.66 -8.67 -8.17 -7.85

RNKGF vs SPCX, GE, RTX: Net-Net Working Capital Comparison

For the Aerospace & Defense subindustry, RENK Group AG'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.


RENK Group AG Price-to-Net-Net-Working-Capital vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, RENK Group AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where RENK Group AG's Price-to-Net-Net-Working-Capital falls into.


RNKGF
47GF Score
RENK Group AG RNKGF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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RENK Group AG Net-Net Working Capital Calculation

RENK Group AG'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)
=(182.475+0.75 * 245.035+0.5 * 497.075-1425.621
-0-6.169)/100.000
=-8.17

RENK Group AG'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)
=(184.459+0.75 * 261.931+0.5 * 572.851-1446.577
-0-6.166)/100.000
=-7.85

* 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 $-7.85 mean?
RENK Group AG (RNKGF) has a Net-Net Working Capital of $-7.85 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 RENK Group AG According to the industry distribution chart, RENK Group AG ranks #999999 out of 119 companies in the Aerospace & Defense industry.
Is RENK Group AG's Net-Net Working Capital too high?
RENK Group AG's current Net-Net Working Capital is $-7.85. Based on the distribution chart, RENK Group AG ranks #999999 out of 119 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, RENK Group AG has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does RENK Group AG's Net-Net Working Capital compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, RENK Group AG ranks #999999 out of 119 companies for Net-Net Working Capital. This places RENK Group AG in the lower half of its industry. The industry median Net-Net Working Capital is 9.44. 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 an Aerospace & Defense company?
The median Net-Net Working Capital among Aerospace & Defense companies is 9.44, based on 119 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 RENK Group AG For the Aerospace & Defense industry, the median Net-Net Working Capital is 9.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RENK Group AG's current Net-Net Working Capital is $-7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RENK Group AG stock overvalued right now?
RENK Group AG (RNKGF) has a current Net-Net Working Capital of $-7.85. The current Net-Net Working Capital is $-7.85. RENK Group AG's overall GF Score™ is 47/100 with 1 warning sign 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 RENK Group AG (RNKGF), the current Net-Net Working Capital is $-7.85 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.

RENK Group AG Business Description

Address Gogginger Strasse 73, Augsburg, BY, DEU, 86159
RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments: Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment, which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from Germany and the rest from America, Asia, Africa, other European countries, Other EU countries, and Australia and Oceania.
47GF Score

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