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TKO Group HoldingsTKO -3.05%66 Net-Net Working Capital is $-154.12 as of Jun. 2026. GuruFocus rates TKO with a GF Score™ of 66/100 and a GF Value™ of $248.86 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 385 Media - Diversified companies, TKO Group Holdings ranks worse than 259740% 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.
TKO Group Holdings's Net-Net Working Capital for the quarter that ended in Jun. 2026 was $-154.12.
The industry rank for TKO Group Holdings's Net-Net Working Capital or its related term are showing as below:
TKO's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.49 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
TKO Group Holdings (NYSE:TKO) 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.
TKO Group Holdings Net-Net Working Capital Related Terms
TKO Group Holdings Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for TKO Group Holdings'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.
TKO vs WMG, NWSA, SIRI: Net-Net Working Capital Comparison
For the Entertainment subindustry, TKO Group Holdings'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.
TKO Group Holdings Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, TKO Group Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where TKO Group Holdings'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 $-154.12 mean?
TKO Group Holdings (TKO) has a Net-Net Working Capital of $-154.12 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 TKO Group Holdings According to the industry distribution chart, TKO Group Holdings ranks #999999 out of 385 companies in the Media - Diversified industry.
Is TKO Group Holdings' Net-Net Working Capital too high?
TKO Group Holdings' current Net-Net Working Capital is $-154.12. Based on the distribution chart, TKO Group Holdings ranks #999999 out of 385 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, TKO Group Holdings has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TKO Group Holdings' Net-Net Working Capital compare to WMG and NWSA?
According to the Media - Diversified industry distribution chart, TKO Group Holdings ranks #999999 out of 385 companies for Net-Net Working Capital. This places TKO Group Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 4.49. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.49, 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 TKO Group Holdings For the Media - Diversified industry, the median Net-Net Working Capital is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TKO Group Holdings's current Net-Net Working Capital is $-154.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKO Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, TKO Group Holdings (TKO) is currently considered Modestly Undervalued. The stock's GF Value™ is $248.86, compared to a current price of $195.14 — trading 21.6% below its estimated fair value. The current Net-Net Working Capital is $-154.12. TKO Group Holdings' overall GF Score™ is 66/100 with 7 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 TKO Group Holdings (TKO), the current Net-Net Working Capital is $-154.12 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 TKO Group Holdings (TKO) Overvalued in 2026?
Based on GuruFocus' analysis, TKO Group Holdings stock appears to be undervalued.
The current stock price of $195.14 is trading 21.6% below its estimated GF Value™ of $248.86.
GuruFocus considers TKO Group Holdings to be Modestly Undervalued.
Key valuation signals for TKO:
Net-Net Working Capital: $-154.12
GF Value™: $248.86 vs. price of $195.14 (21.6% below fair value)
No single metric tells the full story. See the TKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TKO Group Holdings Inc is a sports and sports entertainment company that operates combat sports and sports entertainment companies. It owns and manages valuable sports and entertainment intellectual property. The company distributes content and monetizes its intellectual property through four activities: Media rights, production, and content, Live events and hospitality, Partnerships and marketing and Consumer products licensing, The company has two reportable segments, UFC and WWE. The company generates majority of revenue from the UFC segment. The UFC segment revenue consists of media rights fees associated with the distribution of its programming content, ticket sales, and site fees associated with the business's international live events.
66GF Score
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