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Alleima ABSAMHF 73 Net-Net Working Capital is $0.78 as of Mar. 2026. GuruFocus rates SAMHF with a GF Score™ of 73/100 and a GF Value™ of $6.24 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 179 Steel companies, Alleima AB ranks worse than 76.54% 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.
Alleima AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.78.
The industry rank for Alleima AB's Net-Net Working Capital or its related term are showing as below:
SAMHF's Price-to-Net-Net-Working-Capital is ranked worse than 76.54% of 179
companies
in the Steel industry
Industry Median: 4.33
vs SAMHF: 14.57
Alleima AB (OTCPK:SAMHF) 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.
Alleima AB Net-Net Working Capital Related Terms
Alleima AB Net-Net Working Capital Historical Data
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The historical data trend for Alleima AB'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.
SAMHF vs NUE, STLD, RS: Net-Net Working Capital Comparison
For the Steel subindustry, Alleima AB'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.
Alleima AB Price-to-Net-Net-Working-Capital vs Steel Industry
For the Steel industry and Basic Materials sector, Alleima AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Alleima AB'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 $0.78 mean?
Alleima AB (SAMHF) has a Net-Net Working Capital of $0.78 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 Alleima AB According to the industry distribution chart, Alleima AB ranks #137 out of 179 companies in the Steel industry, placing it in the top 76.5%.
Is Alleima AB's Net-Net Working Capital too high?
Alleima AB's current Net-Net Working Capital is $0.78. The Steel industry median Net-Net Working Capital is 4.33. Alleima AB's value of $0.78 is 82% below this industry median. Based on the distribution chart, Alleima AB ranks #137 out of 179 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Alleima AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alleima AB's Net-Net Working Capital compare to NUE and STLD?
According to the Steel industry distribution chart, Alleima AB ranks #137 out of 179 companies for Net-Net Working Capital. This places Alleima AB in the lower half of its industry. The industry median Net-Net Working Capital is 4.33. Alleima AB's value of $0.78 is 82% 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 Steel company?
The median Net-Net Working Capital among Steel companies is 4.33, based on 179 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. Alleima AB's current Net-Net Working Capital of $0.78 is 82% 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 Alleima AB For the Steel industry, the median Net-Net Working Capital is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alleima AB's current Net-Net Working Capital is $0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alleima AB stock overvalued right now?
Based on GuruFocus' analysis, Alleima AB (SAMHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.24, compared to a current price of $9.47 — trading 51.8% above its estimated fair value. The current Net-Net Working Capital is $0.78 and 82% below the Steel industry median of 4.33. Alleima AB's overall GF Score™ is 73/100 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 Alleima AB (SAMHF), the current Net-Net Working Capital is $0.78 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 Alleima AB (SAMHF) Overvalued in 2026?
Based on GuruFocus' analysis, Alleima AB stock appears to be overvalued.
The current stock price of $9.47 is trading 51.8% above its estimated GF Value™ of $6.24.
GuruFocus considers Alleima AB to be Modestly Overvalued.
Key valuation signals for SAMHF:
Net-Net Working Capital: $0.78
GF Value™: $6.24 vs. price of $9.47 (51.8% above fair value)
Industry Position: 82% below the Steel median (#137 of 179)
No single metric tells the full story. See the SAMHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alleima AB is a developer, manufacturer, and supplier of high-value-added products in stainless steels and special alloys as well as products for industrial heating. The company's offering includes seamless stainless tubes, electric heating technology and heating resistance materials, ultra-fine wire and components for medical devices, precision strip steel, and coated strip steel for hydrogen applications. It has three divisions: Tube, Kanthal and Strip. The majority of the company's revenue is derived from the Tube segment, which develops and manufactures seamless tubes and other long products for the Oil and Gas, Industrial, Chemical and Petrochemical, Mining and Construction, Nuclear, and Transportation customer segments, as well as the Hydrogen and Renewable Energy segment.
73GF Score
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