BaaS Innovation Co (ROCO:3555) Net-Net Working Capital: NT$14.69 (As of Jun. 2026)

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ROCO:3555 BaaS Innovation Co Ltd ROCO:3555
49 GF Score
Price NT$189.50
! 5 Warning Signs
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What is BaaS Innovation Co Net-Net Working Capital?

BaaS Innovation Co ROCO:3555 -2.07% 49 Net-Net Working Capital is NT$14.69 as of Jun. 2026. GuruFocus rates ROCO:3555 with a GF Score™ of 49/100. The stock has 5 warning signs investors should review. Among 1,219 Software companies, BaaS Innovation Co ranks worse than 69.65% 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.

BaaS Innovation Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was NT$14.69.

The industry rank for BaaS Innovation Co's Net-Net Working Capital or its related term are showing as below:

ROCO:3555's Price-to-Net-Net-Working-Capital is ranked worse than
69.65% of 1219 companies
in the Software industry
Industry Median: 6.93 vs ROCO:3555: 12.90

BaaS Innovation Co  (ROCO:3555) 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.


BaaS Innovation Co Net-Net Working Capital Related Terms


BaaS Innovation Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for BaaS Innovation Co'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.

BaaS Innovation Co Net-Net Working Capital Chart

BaaS Innovation Co 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 9.06 4.89 -0.35 3.92 8.42

BaaS Innovation Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 2.87 3.92 2.80 8.42 14.69

ROCO:3555 vs MSFT, PLTR, ORCL: Net-Net Working Capital Comparison

For the Software - Infrastructure subindustry, BaaS Innovation Co'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.


BaaS Innovation Co Price-to-Net-Net-Working-Capital vs Software Industry

For the Software industry and Technology sector, BaaS Innovation Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where BaaS Innovation Co's Price-to-Net-Net-Working-Capital falls into.


ROCO:3555
49GF Score
BaaS Innovation Co Ltd ROCO:3555
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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BaaS Innovation Co Net-Net Working Capital Calculation

BaaS Innovation Co'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)
=(363.717+0.75 * 28.434+0.5 * 92.052-87.064
-0-7.394)/39.999
=8.42

BaaS Innovation Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(670.194+0.75 * 7.176+0.5 * 138.181-146.776
-0-10.28)/39.999
=14.69

* 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 NT$14.69 mean?
BaaS Innovation Co (ROCO:3555) has a Net-Net Working Capital of NT$14.69 as of Jun. 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 BaaS Innovation Co According to the industry distribution chart, BaaS Innovation Co ranks #849 out of 1219 companies in the Software industry, placing it in the top 69.6%.
Is BaaS Innovation Co's Net-Net Working Capital too high?
BaaS Innovation Co's current Net-Net Working Capital is NT$14.69. Based on the distribution chart, BaaS Innovation Co ranks #849 out of 1219 companies in the Software industry, which is below the industry midpoint. Overall, BaaS Innovation Co has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does BaaS Innovation Co's Net-Net Working Capital compare to MSFT and PLTR?
According to the Software industry distribution chart, BaaS Innovation Co ranks #849 out of 1219 companies for Net-Net Working Capital. This places BaaS Innovation Co in the lower half of its industry. The industry median Net-Net Working Capital is 6.93. 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 6.93, based on 1,219 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 BaaS Innovation Co For the Software industry, the median Net-Net Working Capital is 6.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BaaS Innovation Co's current Net-Net Working Capital is NT$14.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BaaS Innovation Co stock overvalued right now?
BaaS Innovation Co (ROCO:3555) has a current Net-Net Working Capital of NT$14.69. The current Net-Net Working Capital is NT$14.69. BaaS Innovation Co's overall GF Score™ is 49/100 with 5 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 BaaS Innovation Co (ROCO:3555), the current Net-Net Working Capital is NT$14.69 as of Jun. 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.

BaaS Innovation Co Business Description

Address Zhongxiao East Road, 3rd Floor-1, No. 152, Section 1, Zhongzheng District, Taipei, TWN, 114044
BaaS Innovation Co Ltd is engaged in the wholesale and retail of electronic products, sales of biotechnology products, consumer entertainment products, and system development services. The group has four reportable segments: Consumer Entertainment, Information System, Biotechnology, and Electronic. The Consumer Entertainment segment focuses on the sale of consumer entertainment products. The Information System segment is involved in system development and related services. The Biotechnology segment engages in the sales and authorization of biotech products. The Electronic segment focuses on the sale of electronic products. It generates the majority of its revenue from the Consumer Entertainment segment.
49GF Score

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NT$189.50
Price