SWYBY (Sanoma Oyj) Net-Net Working Capital: $-3.74 (As of Mar. 2026)

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SWYBY Sanoma Oyj SWYBY
70 GF Score
Price $2.46
GF Value $2.13
! 6 Warning Signs
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What is Sanoma Oyj Net-Net Working Capital?

Sanoma Oyj SWYBY 70 Net-Net Working Capital is $-3.74 as of Mar. 2026. GuruFocus rates SWYBY with a GF Score™ of 70/100 and a GF Value™ of $2.13. The stock has 6 warning signs investors should review. Among 90 Education companies, Sanoma Oyj ranks worse than 1111110% 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.

Sanoma Oyj's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-3.74.

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

SWYBY's Price-to-Net-Net-Working-Capital is not ranked *
in the Education industry.
Industry Median: 5.32
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sanoma Oyj  (OTCPK:SWYBY) 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.


Sanoma Oyj Net-Net Working Capital Related Terms


Sanoma Oyj Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Sanoma Oyj'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.

Sanoma Oyj Net-Net Working Capital Chart

Sanoma Oyj 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 -3.78 -4.08 -3.58 -3.16 -3.21

Sanoma Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.28 -3.70 -3.23 -3.21 -3.74

SWYBY vs EDU, TAL, LAUR: Net-Net Working Capital Comparison

For the Education & Training Services subindustry, Sanoma Oyj'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.


Sanoma Oyj Price-to-Net-Net-Working-Capital vs Education Industry

For the Education industry and Consumer Defensive sector, Sanoma Oyj's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


SWYBY
70GF Score
Sanoma Oyj SWYBY
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanoma Oyj Net-Net Working Capital Calculation

Sanoma Oyj'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)
=(23.068+0.75 * 105.855+0.5 * 44.848-1168.97
-0-1.171)/325.546
=-3.21

Sanoma Oyj's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.96+0.75 * 159.653+0.5 * 63.699-1386.358
-0-0.925)/324.934
=-3.74

* 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 $-3.74 mean?
Sanoma Oyj (SWYBY) has a Net-Net Working Capital of $-3.74 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 Sanoma Oyj According to the industry distribution chart, Sanoma Oyj ranks #999999 out of 90 companies in the Education industry.
Is Sanoma Oyj's Net-Net Working Capital too high?
Sanoma Oyj's current Net-Net Working Capital is $-3.74. Based on the distribution chart, Sanoma Oyj ranks #999999 out of 90 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Sanoma Oyj has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Sanoma Oyj's Net-Net Working Capital compare to EDU and TAL?
According to the Education industry distribution chart, Sanoma Oyj ranks #999999 out of 90 companies for Net-Net Working Capital. This places Sanoma Oyj in the lower half of its industry. The industry median Net-Net Working Capital is 5.32. 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 an Education company?
The median Net-Net Working Capital among Education companies is 5.32, based on 90 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 Sanoma Oyj For the Education industry, the median Net-Net Working Capital is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanoma Oyj's current Net-Net Working Capital is $-3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanoma Oyj stock overvalued right now?
Sanoma Oyj (SWYBY) has a current Net-Net Working Capital of $-3.74. The stock's GF Value™ is $2.13, compared to a current price of $2.46 — trading 15.5% above its estimated fair value. The current Net-Net Working Capital is $-3.74. Sanoma Oyj's overall GF Score™ is 70/100 with 6 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 Sanoma Oyj (SWYBY), the current Net-Net Working Capital is $-3.74 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 Sanoma Oyj (SWYBY) Overvalued in 2026?

Based on GuruFocus' analysis, Sanoma Oyj stock appears to be overvalued. The current stock price of $2.46 is trading 15.5% above its estimated GF Value™ of $2.13.

Key valuation signals for SWYBY:

  • Net-Net Working Capital: $-3.74
  • GF Value™: $2.13 vs. price of $2.46 (15.5% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Sanoma Oyj Business Description

Address Toolonlahdenkatu 2, Helsinki, FIN, 00100
Sanoma Oyj is a learning and media company. The group publishes magazines and newspapers along with educational learning literature and services. It operates in two segments: Learning and Media Finland. Sanoma's learning products and services enable teachers to develop the talents of every child to reach their full potential. The company offers printed and digital learning content as well as digital learning and teaching platforms for primary, secondary and vocational education. The Finnish media business of Sanoma provides information, experiences, inspiration, and entertainment via multiple media platforms: newspapers, radio, television, events, magazines, online, and mobile channels. The company's publications include Helsingin Sanomat, IltaSanomat among others.
70GF Score

Get the complete analysis for SWYBY

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

$2.46
Price
$2.13
GF Value