Niagen Bioscience (STU:OCD1) Net-Net Working Capital: €0.65 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:OCD1 Niagen Bioscience Inc STU:OCD1
67 GF Score
Price €2.68
GF Value €4.31
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Niagen Bioscience Net-Net Working Capital?

Niagen Bioscience STU:OCD1 +0.75% 67 Net-Net Working Capital is €0.65 as of Jun. 2026. GuruFocus rates STU:OCD1 with a GF Score™ of 67/100 and a GF Value™ of €4.31 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 655 Consumer Packaged Goods companies, Niagen Bioscience ranks better than 66.72% 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.

Niagen Bioscience's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €0.65.

The industry rank for Niagen Bioscience's Net-Net Working Capital or its related term are showing as below:

STU:OCD1's Price-to-Net-Net-Working-Capital is ranked better than
66.72% of 655 companies
in the Consumer Packaged Goods industry
Industry Median: 6.86 vs STU:OCD1: 4.19

Niagen Bioscience  (STU:OCD1) 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.


Niagen Bioscience Net-Net Working Capital Related Terms


Niagen Bioscience Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Niagen Bioscience'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.

Niagen Bioscience Net-Net Working Capital Chart

Niagen Bioscience 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 0.16 0.11 0.14 0.40 0.56

Niagen Bioscience Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.52 0.56 0.56 0.61 0.65

STU:OCD1 vs CAMP, ALEC, ELDN: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Niagen Bioscience'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.


Niagen Bioscience Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Niagen Bioscience's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Niagen Bioscience's Price-to-Net-Net-Working-Capital falls into.


STU:OCD1
67GF Score
Niagen Bioscience Inc STU:OCD1
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niagen Bioscience Net-Net Working Capital Calculation

Niagen Bioscience'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)
=(55.199+0.75 * 8.319+0.5 * 17.442-25.512
-0-0)/79.714
=0.56

Niagen Bioscience's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(57.93+0.75 * 7.447+0.5 * 17.916-20.885
-0-0)/78.908
=0.65

* 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 €0.65 mean?
Niagen Bioscience (STU:OCD1) has a Net-Net Working Capital of €0.65 as of Jun. 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 Niagen Bioscience According to the industry distribution chart, Niagen Bioscience ranks #218 out of 655 companies in the Consumer Packaged Goods industry, placing it in the top 33.3%.
Is Niagen Bioscience's Net-Net Working Capital too high?
Niagen Bioscience's current Net-Net Working Capital is €0.65. Based on the distribution chart, Niagen Bioscience ranks #218 out of 655 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Niagen Bioscience has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Niagen Bioscience's Net-Net Working Capital compare to CAMP and ALEC?
According to the Consumer Packaged Goods industry distribution chart, Niagen Bioscience ranks #218 out of 655 companies for Net-Net Working Capital. This puts Niagen Bioscience in the upper half of its industry. The industry median Net-Net Working Capital is 6.86. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.86, based on 655 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 Niagen Bioscience For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niagen Bioscience's current Net-Net Working Capital is €0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niagen Bioscience stock overvalued right now?
Based on GuruFocus' analysis, Niagen Bioscience (STU:OCD1) is currently considered Possible Value Trap. The stock's GF Value™ is €4.31, compared to a current price of €2.68 — trading 37.8% below its estimated fair value. The current Net-Net Working Capital is €0.65. Niagen Bioscience's overall GF Score™ is 67/100 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 Niagen Bioscience (STU:OCD1), the current Net-Net Working Capital is €0.65 as of Jun. 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 Niagen Bioscience (STU:OCD1) Overvalued in 2026?

Based on GuruFocus' analysis, Niagen Bioscience stock appears to be undervalued. The current stock price of €2.68 is trading 37.8% below its estimated GF Value™ of €4.31. GuruFocus considers Niagen Bioscience to be Possible Value Trap.

Key valuation signals for STU:OCD1:

  • Net-Net Working Capital: €0.65
  • GF Value™: €4.31 vs. price of €2.68 (37.8% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the STU:OCD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niagen Bioscience Business Description

Other Exchanges NAGE:USA
Address 10900 Wilshire Boulevard, Suite 600, Los Angeles, CA, USA, 90024
Niagen Bioscience Inc is the leader in NAD+ (nicotinamide adenine dinucleotide) science and healthy-aging research. It is dedicated to advancing healthspan through precision science and innovative NAD+-boosting solutions. It is is clinically proven to increase NAD+ levels efficiently and effectively, and is the key ingredient powering our suite of Niagen brands.
67GF Score

Get the complete analysis for STU:OCD1

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

€2.68
Price
€4.31
GF Value