EarthLabsSPOFF +12.57%41 Net-Net Working Capital is $0.31 as of Mar. 2026. GuruFocus rates SPOFF with a GF Score™ of 41/100 and a GF Value™ of $0.99 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,256 Software companies, EarthLabs ranks better than 98.33% 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.
EarthLabs's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.31.
The industry rank for EarthLabs's Net-Net Working Capital or its related term are showing as below:
SPOFF's Price-to-Net-Net-Working-Capital is ranked better than 98.33% of 1256
companies
in the Software industry
Industry Median: 6.79
vs SPOFF: 0.68
EarthLabs (OTCPK:SPOFF) 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.
EarthLabs Net-Net Working Capital Related Terms
EarthLabs Net-Net Working Capital Historical Data
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The historical data trend for EarthLabs'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.
SPOFF vs IBM, ACN, FISV: Net-Net Working Capital Comparison
For the Information Technology Services subindustry, EarthLabs'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.
EarthLabs Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, EarthLabs's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where EarthLabs'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 $0.31 mean?
EarthLabs (SPOFF) has a Net-Net Working Capital of $0.31 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 EarthLabs According to the industry distribution chart, EarthLabs ranks #21 out of 1256 companies in the Software industry, placing it in the top 1.7%.
Is EarthLabs' Net-Net Working Capital too high?
EarthLabs' current Net-Net Working Capital is $0.31. The Software industry median Net-Net Working Capital is 6.79. EarthLabs' value of $0.31 is 95.4% below this industry median. Based on the distribution chart, EarthLabs ranks #21 out of 1256 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, EarthLabs 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 EarthLabs' Net-Net Working Capital compare to IBM and ACN?
According to the Software industry distribution chart, EarthLabs ranks #21 out of 1256 companies for Net-Net Working Capital. This places EarthLabs in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.79. EarthLabs' value of $0.31 is 95.4% 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 Software company?
The median Net-Net Working Capital among Software companies is 6.79, based on 1,256 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. EarthLabs's current Net-Net Working Capital of $0.31 is 95.4% 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 EarthLabs For the Software industry, the median Net-Net Working Capital is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EarthLabs's current Net-Net Working Capital is $0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EarthLabs stock overvalued right now?
Based on GuruFocus' analysis, EarthLabs (SPOFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.99, compared to a current price of $0.20 — trading 79.4% below its estimated fair value. The current Net-Net Working Capital is $0.31 and 95.4% below the Software industry median of 6.79. EarthLabs' overall GF Score™ is 41/100 with 2 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 EarthLabs (SPOFF), the current Net-Net Working Capital is $0.31 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 EarthLabs (SPOFF) Overvalued in 2026?
Based on GuruFocus' analysis, EarthLabs stock appears to be undervalued.
The current stock price of $0.20 is trading 79.4% below its estimated GF Value™ of $0.99.
GuruFocus considers EarthLabs to be Possible Value Trap.
Key valuation signals for SPOFF:
Net-Net Working Capital: $0.31
GF Value™: $0.99 vs. price of $0.20 (79.4% below fair value)
Industry Position: 95.4% below the Software median (#21 of 1256)
No single metric tells the full story. See the SPOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EarthLabs Inc is a Canada-based mining investment, technology, and media company. The company operates through a single reportable segment, the Financial Technology Division, which includes its financial and media technology platforms, such as CEO.CA and EMI, as well as its investment portfolio. It also provides data-driven media SaaS tools and services for the metals and mining sector.
41GF Score
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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