Seria CoSAOGF 79 Net-Net Working Capital is $2.56 as of Mar. 2026. GuruFocus rates SAOGF with a GF Score™ of 79/100 and a GF Value™ of $20.83. The stock has 1 warning sign investors should review. Among 80 Retail - Defensive companies, Seria Co ranks worse than 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.
Seria Co's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $2.56.
The industry rank for Seria Co's Net-Net Working Capital or its related term are showing as below:
SAOGF's Price-to-Net-Net-Working-Capital is ranked worse than 65% of 80
companies
in the Retail - Defensive industry
Industry Median: 5.56
vs SAOGF: 8.92
Seria Co (OTCPK:SAOGF) 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.
Seria Co Net-Net Working Capital Related Terms
Seria Co Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Seria 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.
SAOGF vs WMT, COST, TGT: Net-Net Working Capital Comparison
For the Discount Stores subindustry, Seria 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.
Seria Co Price-to-Net-Net-Working-Capital vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Seria Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Seria Co'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 $2.56 mean?
Seria Co (SAOGF) has a Net-Net Working Capital of $2.56 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 Seria Co According to the industry distribution chart, Seria Co ranks #52 out of 80 companies in the Retail - Defensive industry, placing it in the top 65%.
Is Seria Co's Net-Net Working Capital too high?
Seria Co's current Net-Net Working Capital is $2.56. The Retail - Defensive industry median Net-Net Working Capital is 5.56. Seria Co's value of $2.56 is 54% below this industry median. Based on the distribution chart, Seria Co ranks #52 out of 80 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Seria Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Seria Co's Net-Net Working Capital compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Seria Co ranks #52 out of 80 companies for Net-Net Working Capital. This places Seria Co in the lower half of its industry. The industry median Net-Net Working Capital is 5.56. Seria Co's value of $2.56 is 54% 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 Retail - Defensive company?
The median Net-Net Working Capital among Retail - Defensive companies is 5.56, based on 80 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. Seria Co's current Net-Net Working Capital of $2.56 is 54% 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 Seria Co For the Retail - Defensive industry, the median Net-Net Working Capital is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seria Co's current Net-Net Working Capital is $2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seria Co stock overvalued right now?
Seria Co (SAOGF) has a current Net-Net Working Capital of $2.56. The stock's GF Value™ is $20.83, compared to a current price of $20.61 — trading 1.1% below its estimated fair value. The current Net-Net Working Capital is $2.56 and 54% below the Retail - Defensive industry median of 5.56. Seria Co's overall GF Score™ is 79/100 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 Seria Co (SAOGF), the current Net-Net Working Capital is $2.56 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 Seria Co (SAOGF) Overvalued in 2026?
Based on GuruFocus' analysis, Seria Co stock appears to be undervalued.
The current stock price of $20.61 is trading 1.1% below its estimated GF Value™ of $20.83.
Key valuation signals for SAOGF:
Net-Net Working Capital: $2.56
GF Value™: $20.83 vs. price of $20.61 (1.1% below fair value)
Industry Position: 54% below the Retail - Defensive median (#52 of 80)
No single metric tells the full story. See the SAOGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seria Co Ltd is a Japanese discount retailer. The business operates under the "100 yen" price concept. The "100 yen" shop stocks various products, from clothing to stationery, and each item is priced at 100 yen. These shops keep prices down by purchasing goods internationally and in large quantities. The company operates stores, wholesale and franchisees, offering consumer products. The company offers a variety of goods, such as food products, clothes, kitchen and electrical appliances, cosmetics, accessories, health products, cleaning products, outdoor products, and seasonal products. Seria is also commercializing its own private-brand products.
79GF Score
Get the complete analysis for SAOGF
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