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SSI SecuritiesSTC:SSI 94 Net-Net Working Capital is ₫-1,996.77 as of Mar. 2026. GuruFocus rates STC:SSI with a GF Score™ of 94/100 and a GF Value™ of ₫31,105.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 287 Capital Markets companies, SSI Securities ranks worse than 348431.71% 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.
SSI Securities's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₫-1,996.77.
The industry rank for SSI Securities's Net-Net Working Capital or its related term are showing as below:
STC:SSI's Price-to-Net-Net-Working-Capital is not ranked *
in the Capital Markets industry.
Industry Median: 4.91 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
SSI Securities (STC:SSI) 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.
SSI Securities Net-Net Working Capital Related Terms
SSI Securities Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for SSI Securities'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.
STC:SSI vs MS, GS, SCHW: Net-Net Working Capital Comparison
For the Capital Markets subindustry, SSI Securities'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.
SSI Securities Price-to-Net-Net-Working-Capital vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SSI Securities's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where SSI Securities'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 ₫-1,996.77 mean?
SSI Securities (STC:SSI) has a Net-Net Working Capital of ₫-1,996.77 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 SSI Securities According to the industry distribution chart, SSI Securities ranks #999999 out of 287 companies in the Capital Markets industry.
Is SSI Securities' Net-Net Working Capital too high?
SSI Securities' current Net-Net Working Capital is ₫-1,996.77. Based on the distribution chart, SSI Securities ranks #999999 out of 287 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, SSI Securities has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SSI Securities' Net-Net Working Capital compare to MS and GS?
According to the Capital Markets industry distribution chart, SSI Securities ranks #999999 out of 287 companies for Net-Net Working Capital. This places SSI Securities in the lower half of its industry. The industry median Net-Net Working Capital is 4.91. 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 Capital Markets company?
The median Net-Net Working Capital among Capital Markets companies is 4.91, based on 287 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 SSI Securities For the Capital Markets industry, the median Net-Net Working Capital is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSI Securities's current Net-Net Working Capital is ₫-1,996.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSI Securities stock overvalued right now?
Based on GuruFocus' analysis, SSI Securities (STC:SSI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫31,105.70, compared to a current price of ₫22,700.00 — trading 27% below its estimated fair value. The current Net-Net Working Capital is ₫-1,996.77. SSI Securities' overall GF Score™ is 94/100 with 5 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 SSI Securities (STC:SSI), the current Net-Net Working Capital is ₫-1,996.77 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 SSI Securities (STC:SSI) Overvalued in 2026?
Based on GuruFocus' analysis, SSI Securities stock appears to be undervalued.
The current stock price of ₫22,700.00 is trading 27% below its estimated GF Value™ of ₫31,105.70.
GuruFocus considers SSI Securities to be Modestly Undervalued.
Key valuation signals for STC:SSI:
Net-Net Working Capital: ₫-1,996.77
GF Value™: ₫31,105.70 vs. price of ₫22,700.00 (27% below fair value)
No single metric tells the full story. See the STC:SSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSI Securities Corp provides securities services, asset management, and investment banking. Securities services are the core business line of the company with the products and services such as securities brokerage, securities depository and securities investment capital origination aimed at local, foreign retail and individual investors. Its products and services are brokerage services, IPO services, financing services, transaction support, fund management, portfolio management and value-added services, capital raising, debt instrument issuance, M&A, identifying strategic partners to equitization advisory and listing advisory.
94GF Score
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