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Fountain AssetTSXV:FA Net-Net Working Capital is C$0.04 as of Mar. 2026. The stock has 1 warning sign investors should review. Among 494 Asset Management companies, Fountain Asset ranks better than 76.52% 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.
Fountain Asset's Net-Net Working Capital for the quarter that ended in Mar. 2026 was C$0.04.
The industry rank for Fountain Asset's Net-Net Working Capital or its related term are showing as below:
TSXV:FA's Price-to-Net-Net-Working-Capital is ranked better than 76.52% of 494
companies
in the Asset Management industry
Industry Median: 6.415
vs TSXV:FA: 1.50
Fountain Asset (TSXV:FA) 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.
Fountain Asset Net-Net Working Capital Related Terms
Fountain Asset Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Fountain Asset'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.
TSXV:FA vs BLK, BX, KKR: Net-Net Working Capital Comparison
For the Asset Management subindustry, Fountain Asset'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.
Fountain Asset Price-to-Net-Net-Working-Capital vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fountain Asset's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Fountain Asset'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 C$0.04 mean?
Fountain Asset (TSXV:FA) has a Net-Net Working Capital of C$0.04 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 Fountain Asset According to the industry distribution chart, Fountain Asset ranks #116 out of 494 companies in the Asset Management industry, placing it in the top 23.5%.
Is Fountain Asset's Net-Net Working Capital too high?
Fountain Asset's current Net-Net Working Capital is C$0.04. Based on the distribution chart, Fountain Asset ranks #116 out of 494 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does Fountain Asset's Net-Net Working Capital compare to BLK and BX?
According to the Asset Management industry distribution chart, Fountain Asset ranks #116 out of 494 companies for Net-Net Working Capital. This places Fountain Asset in the top 24% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.42. 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 Asset Management company?
The median Net-Net Working Capital among Asset Management companies is 6.42, based on 494 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 Fountain Asset For the Asset Management industry, the median Net-Net Working Capital is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fountain Asset's current Net-Net Working Capital is C$0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fountain Asset stock overvalued right now?
Fountain Asset (TSXV:FA) has a current Net-Net Working Capital of C$0.04. The current Net-Net Working Capital is C$0.04. 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 Fountain Asset (TSXV:FA), the current Net-Net Working Capital is C$0.04 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.
Fountain Asset Corp is a Canadian investment company. It is focused on creating shareholder value by offering various debt and equity financing solutions to companies across a variety of industries, including manufacturing, retail, financial services, technology, cannabis, biotechnology, oil and gas, mining, and cryptocurrency. The company focuses on both small to mid-sized private and public companies that require financing of five hundred thousand and greater. Along with providing capital, Fountain provides advisory services that range from going public to mergers and acquisitions.
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