SLE (Super League Enterprise) Net-Net Working Capital: $5.70 (As of Mar. 2026)

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SLE Super League Enterprise Inc SLE
41 GF Score
Price $2.89
GF Value $8.14
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Super League Enterprise Net-Net Working Capital?

Super League Enterprise SLE +1.05% 41 Net-Net Working Capital is $5.70 as of Mar. 2026. GuruFocus rates SLE with a GF Score™ of 41/100 and a GF Value™ of $8.14 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 302 Interactive Media companies, Super League Enterprise ranks better than 98.34% 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.

Super League Enterprise's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $5.70.

The industry rank for Super League Enterprise's Net-Net Working Capital or its related term are showing as below:

SLE's Price-to-Net-Net-Working-Capital is ranked better than
98.34% of 302 companies
in the Interactive Media industry
Industry Median: 4.605 vs SLE: 0.51

Super League Enterprise  (NAS:SLE) 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.


Super League Enterprise Net-Net Working Capital Related Terms


Super League Enterprise Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Super League Enterprise'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.

Super League Enterprise Net-Net Working Capital Chart

Super League Enterprise 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 3,292.75 -980.88 -151.38 -217.84 10.53

Super League Enterprise Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only -285.73 -139.87 -63.66 10.53 5.70

SLE vs FMHS, CRTD, BOTX: Net-Net Working Capital Comparison

For the Internet Content & Information subindustry, Super League Enterprise'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.


Super League Enterprise Price-to-Net-Net-Working-Capital vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Super League Enterprise's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Super League Enterprise's Price-to-Net-Net-Working-Capital falls into.


SLE
41GF Score
Super League Enterprise Inc SLE
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Super League Enterprise Net-Net Working Capital Calculation

Super League Enterprise'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)
=(14.39+0.75 * 2.453+0.5 * 0-4.335
-0-0)/1.130
=10.53

Super League Enterprise'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)
=(11.354+0.75 * 2.625+0.5 * 0-4.96
-0-0)/1.467
=5.70

* 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 $5.70 mean?
Super League Enterprise (SLE) has a Net-Net Working Capital of $5.70 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 Super League Enterprise According to the industry distribution chart, Super League Enterprise ranks #5 out of 302 companies in the Interactive Media industry, placing it in the top 1.7%.
Is Super League Enterprise's Net-Net Working Capital too high?
Super League Enterprise's current Net-Net Working Capital is $5.70. The Interactive Media industry median Net-Net Working Capital is 4.61. Super League Enterprise's value of $5.70 is 23.8% above this industry median. Based on the distribution chart, Super League Enterprise ranks #5 out of 302 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Super League Enterprise has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super League Enterprise's Net-Net Working Capital compare to FMHS and CRTD?
According to the Interactive Media industry distribution chart, Super League Enterprise ranks #5 out of 302 companies for Net-Net Working Capital. This places Super League Enterprise in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 4.61. Super League Enterprise's value of $5.70 is 23.8% above 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 Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.61, based on 302 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. Super League Enterprise's current Net-Net Working Capital of $5.70 is 23.8% above 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 Super League Enterprise For the Interactive Media industry, the median Net-Net Working Capital is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super League Enterprise's current Net-Net Working Capital is $5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super League Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Super League Enterprise (SLE) is currently considered Possible Value Trap. The stock's GF Value™ is $8.14, compared to a current price of $2.89 — trading 64.5% below its estimated fair value. The current Net-Net Working Capital is $5.70 and 23.8% above the Interactive Media industry median of 4.61. Super League Enterprise's overall GF Score™ is 41/100 with 4 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 Super League Enterprise (SLE), the current Net-Net Working Capital is $5.70 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 Super League Enterprise (SLE) Overvalued in 2026?

Based on GuruFocus' analysis, Super League Enterprise stock appears to be undervalued. The current stock price of $2.89 is trading 64.5% below its estimated GF Value™ of $8.14. GuruFocus considers Super League Enterprise to be Possible Value Trap.

Key valuation signals for SLE:

  • Net-Net Working Capital: $5.70
  • GF Value™: $8.14 vs. price of $2.89 (64.5% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 23.8% above the Interactive Media median (#5 of 302)

No single metric tells the full story. See the SLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Super League Enterprise Business Description

Address 2450 Colorado Avenue, Santa Monica, CA, USA, 90404
Super League Enterprise Inc is the rocket ship to the metaverse. It is a creator and publisher of content experiences and media solutions across the globe's immersive platforms. Its solutions provide incomparable access to massive audiences that gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. The company offers a complete range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic, energized programs. It generates revenue from advertising, including immersive game world and experience publishing and in-game media products, direct-to-consumer offers, including in-game items, e-commerce, game passes and ticketing and digital collectibles, and content and technology.
41GF Score

Get the complete analysis for SLE

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.89
Price
$8.14
GF Value