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S.D. Standard ETCSDSDF 22 Net-Net Working Capital is $0.22 as of Mar. 2026. GuruFocus rates SDSDF with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 192 Oil & Gas companies, S.D. Standard ETC ranks better than 92.71% 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.
S.D. Standard ETC's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.22.
The industry rank for S.D. Standard ETC's Net-Net Working Capital or its related term are showing as below:
SDSDF's Price-to-Net-Net-Working-Capital is ranked better than 92.71% of 192
companies
in the Oil & Gas industry
Industry Median: 6.695
vs SDSDF: 0.83
S.D. Standard ETC (OTCPK:SDSDF) 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.
S.D. Standard ETC Net-Net Working Capital Related Terms
S.D. Standard ETC Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for S.D. Standard ETC'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.
SDSDF vs SLB, BKR, HAL: Net-Net Working Capital Comparison
For the Oil & Gas Equipment & Services subindustry, S.D. Standard ETC'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.
S.D. Standard ETC Price-to-Net-Net-Working-Capital vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, S.D. Standard ETC's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where S.D. Standard ETC'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 $0.22 mean?
S.D. Standard ETC (SDSDF) has a Net-Net Working Capital of $0.22 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 S.D. Standard ETC According to the industry distribution chart, S.D. Standard ETC ranks #14 out of 192 companies in the Oil & Gas industry, placing it in the top 7.3%.
Is S.D. Standard ETC's Net-Net Working Capital too high?
S.D. Standard ETC's current Net-Net Working Capital is $0.22. The Oil & Gas industry median Net-Net Working Capital is 6.70. S.D. Standard ETC's value of $0.22 is 96.7% below this industry median. Based on the distribution chart, S.D. Standard ETC ranks #14 out of 192 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, S.D. Standard ETC has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does S.D. Standard ETC's Net-Net Working Capital compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, S.D. Standard ETC ranks #14 out of 192 companies for Net-Net Working Capital. This places S.D. Standard ETC in the top 7% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.70. S.D. Standard ETC's value of $0.22 is 96.7% 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 an Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.70, based on 192 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. S.D. Standard ETC's current Net-Net Working Capital of $0.22 is 96.7% 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 S.D. Standard ETC For the Oil & Gas industry, the median Net-Net Working Capital is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.D. Standard ETC's current Net-Net Working Capital is $0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.D. Standard ETC stock overvalued right now?
S.D. Standard ETC (SDSDF) has a current Net-Net Working Capital of $0.22. The current Net-Net Working Capital is $0.22 and 96.7% below the Oil & Gas industry median of 6.70. S.D. Standard ETC's overall GF Score™ is 22/100 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 S.D. Standard ETC (SDSDF), the current Net-Net Working Capital is $0.22 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.
S.D. Standard ETC PLC is a Cyprus-based company. The principal activity of the Company is to operate as an investment entity with a special focus on energy, transport, and commodities segments, with direct or indirect exposure to companies, securities, and/or assets. The objective of the company is to generate medium to long-term capital growth. The objective of the Company is to generate medium to long-term capital growth in a sustainable manner.
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