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Wynn ResortsSTU:WYR -0.90%77 Net-Net Working Capital is €-91.75 as of Jun. 2026. GuruFocus rates STU:WYR with a GF Score™ of 77/100 and a GF Value™ of €96.03 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 206 Travel & Leisure companies, Wynn Resorts ranks worse than 485436.41% 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.
Wynn Resorts's Net-Net Working Capital for the quarter that ended in Jun. 2026 was €-91.75.
The industry rank for Wynn Resorts's Net-Net Working Capital or its related term are showing as below:
STU:WYR's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.305 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Wynn Resorts (STU:WYR) 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.
Wynn Resorts Net-Net Working Capital Related Terms
Wynn Resorts Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Wynn Resorts'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.
STU:WYR vs MGM, BYD, CZR: Net-Net Working Capital Comparison
For the Resorts & Casinos subindustry, Wynn Resorts'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.
Wynn Resorts Price-to-Net-Net-Working-Capital vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Resorts's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Wynn Resorts'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 €-91.75 mean?
Wynn Resorts (STU:WYR) has a Net-Net Working Capital of €-91.75 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 Wynn Resorts According to the industry distribution chart, Wynn Resorts ranks #999999 out of 206 companies in the Travel & Leisure industry.
Is Wynn Resorts' Net-Net Working Capital too high?
Wynn Resorts' current Net-Net Working Capital is €-91.75. Based on the distribution chart, Wynn Resorts ranks #999999 out of 206 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Wynn Resorts has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wynn Resorts' Net-Net Working Capital compare to MGM and BYD?
According to the Travel & Leisure industry distribution chart, Wynn Resorts ranks #999999 out of 206 companies for Net-Net Working Capital. This places Wynn Resorts in the lower half of its industry. The industry median Net-Net Working Capital is 6.31. 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 Travel & Leisure company?
The median Net-Net Working Capital among Travel & Leisure companies is 6.31, based on 206 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 Wynn Resorts For the Travel & Leisure industry, the median Net-Net Working Capital is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wynn Resorts's current Net-Net Working Capital is €-91.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wynn Resorts stock overvalued right now?
Based on GuruFocus' analysis, Wynn Resorts (STU:WYR) is currently considered Modestly Undervalued. The stock's GF Value™ is €96.03, compared to a current price of €85.14 — trading 11.3% below its estimated fair value. The current Net-Net Working Capital is €-91.75. Wynn Resorts' overall GF Score™ is 77/100 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 Wynn Resorts (STU:WYR), the current Net-Net Working Capital is €-91.75 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 Wynn Resorts (STU:WYR) Overvalued in 2026?
Based on GuruFocus' analysis, Wynn Resorts stock appears to be undervalued.
The current stock price of €85.14 is trading 11.3% below its estimated GF Value™ of €96.03.
GuruFocus considers Wynn Resorts to be Modestly Undervalued.
Key valuation signals for STU:WYR:
Net-Net Working Capital: €-91.75
GF Value™: €96.03 vs. price of €85.14 (11.3% below fair value)
No single metric tells the full story. See the STU:WYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming rooms and attractions in Macao over the next few years, including a new 432-suite tower adjacent to its Palace resort opening in 2029. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company received 49% and 51% of its 2025 prepandemic EBITDA from Macao and the US, respectively.
77GF 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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