SSUP (Superior Industries International) Net-Net Working Capital: $-29.32 (As of Jun. 2025)

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What is Superior Industries International Net-Net Working Capital?

Superior Industries International SSUP Net-Net Working Capital is $-29.32 as of Jun. 2025.

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.

Superior Industries International's Net-Net Working Capital for the quarter that ended in Jun. 2025 was $-29.32.

The industry rank for Superior Industries International's Net-Net Working Capital or its related term are showing as below:

SSUP's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.78
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Superior Industries International  (NYSE:SSUP) 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.


Superior Industries International Net-Net Working Capital Related Terms


Superior Industries International Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Superior Industries International'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.

Superior Industries International Net-Net Working Capital Chart

Superior Industries International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.98 -33.19 -29.93 -28.50 -29.48

Superior Industries International Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 -28.56 -29.73 -29.48 -29.54 -29.32

SSUP vs FFLO, CREV, OMTK: Net-Net Working Capital Comparison

For the Auto Parts subindustry, Superior Industries International'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.


Superior Industries International Price-to-Net-Net-Working-Capital vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Superior Industries International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Superior Industries International's Price-to-Net-Net-Working-Capital falls into.



Superior Industries International Net-Net Working Capital Calculation

Superior Industries International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(39.71+0.75 * 69.503+0.5 * 145.736-727.402
-288.465-0.48)/28.886
=-29.48

Superior Industries International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2025 is calculated as

Net-Net Working Capital(Q: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(85.268+0.75 * 73.021+0.5 * 128.336-756.314
-318.162-0.55)/29.698
=-29.32

* 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 $-29.32 mean?
Superior Industries International (SSUP) has a Net-Net Working Capital of $-29.32 as of Jun. 2025. 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 Superior Industries International
Is Superior Industries International's Net-Net Working Capital too high?
Superior Industries International's current Net-Net Working Capital is $-29.32.
How does Superior Industries International's Net-Net Working Capital compare to FFLO and CREV?
Superior Industries International's Net-Net Working Capital of $-29.32 can be compared against companies in the Vehicles & Parts industry. The industry median Net-Net Working Capital is 7.78. 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 Vehicles & Parts company?
The median Net-Net Working Capital among Vehicles & Parts companies is 7.78, based on 385 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. 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 Superior Industries International For the Vehicles & Parts industry, the median Net-Net Working Capital is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Superior Industries International's current Net-Net Working Capital is $-29.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superior Industries International stock overvalued right now?
Superior Industries International (SSUP) has a current Net-Net Working Capital of $-29.32. The current Net-Net Working Capital is $-29.32. 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 Superior Industries International (SSUP), the current Net-Net Working Capital is $-29.32 as of Jun. 2025. 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.

Superior Industries International Business Description

Address 26600 Telegraph Road, Suite 400, Southfield, MI, USA, 48033
Superior Industries International Inc is engaged in the design and manufacture of aluminum wheels for sale to OEMs in North America and Europe and to the aftermarket in Europe. The company's OEM aluminum wheels are sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo. It sells aluminum wheels to the European aftermarket under the brands ATS, RIAL, ALUTEC, and ANZIO. Geographically, Company's reportable segments are North America and Europe. Key revenue is generated from North America.