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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.
United States Antimony's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.03.
The industry rank for United States Antimony's Net-Net Working Capital or its related term are showing as below:
UAMY's Price-to-Net-Net-Working-Capital is ranked worse than 99.03% of 1130
companies
in the Metals & Mining industry
Industry Median: 7
vs UAMY: 176.83
United States Antimony (NYSE:UAMY) 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.
United States Antimony Net-Net Working Capital Related Terms
United States Antimony Net-Net Working Capital Historical Data
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The historical data trend for United States Antimony'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.
United States Antimony Net-Net Working Capital Chart
UAMY vs CRML, GSM, NB: Net-Net Working Capital Comparison
For the Other Industrial Metals & Mining subindustry, United States Antimony'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.
United States Antimony Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, United States Antimony's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where United States Antimony'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 $0.03 mean?
United States Antimony (UAMY) has a Net-Net Working Capital of $0.03 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 United States Antimony According to the industry distribution chart, United States Antimony ranks #1119 out of 1130 companies in the Metals & Mining industry, placing it in the top 99%.
Is United States Antimony's Net-Net Working Capital too high?
United States Antimony's current Net-Net Working Capital is $0.03. The Metals & Mining industry median Net-Net Working Capital is 7.00. United States Antimony's value of $0.03 is 99.6% below this industry median. Based on the distribution chart, United States Antimony ranks #1119 out of 1130 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, United States Antimony has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United States Antimony's Net-Net Working Capital compare to CRML and GSM?
According to the Metals & Mining industry distribution chart, United States Antimony ranks #1119 out of 1130 companies for Net-Net Working Capital. This places United States Antimony in the lower half of its industry. The industry median Net-Net Working Capital is 7.00. United States Antimony's value of $0.03 is 99.6% below this benchmark. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.00, based on 1,130 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. United States Antimony's current Net-Net Working Capital of $0.03 is 99.6% below the industry median. 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 United States Antimony For the Metals & Mining industry, the median Net-Net Working Capital is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United States Antimony's current Net-Net Working Capital is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Antimony stock overvalued right now?
Based on GuruFocus' analysis, United States Antimony (UAMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.37, compared to a current price of $5.31 — trading 123.8% above its estimated fair value. The current Net-Net Working Capital is $0.03 and 99.6% below the Metals & Mining industry median of 7.00. United States Antimony's overall GF Score™ is 67/100 with 5 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 United States Antimony (UAMY), the current Net-Net Working Capital is $0.03 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 United States Antimony (UAMY) Overvalued in 2026?
Based on GuruFocus' analysis, United States Antimony stock appears to be overvalued.
The current stock price of $5.31 is trading 123.8% above its estimated GF Value™ of $2.37.
GuruFocus considers United States Antimony to be Significantly Overvalued.
Key valuation signals for UAMY:
Net-Net Working Capital: $0.03
GF Value™: $2.37 vs. price of $5.31 (123.8% above fair value)
Industry Position: 99.6% below the Metals & Mining median (#1119 of 1130)
No single metric tells the full story. See the UAMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United States Antimony Corp is a fully integrated mining, transportation, milling, smelting, and selling company. It has two operating segments: antimony and zeolite. Its products and services include antimony; silver; gold; zeolite products; and storage, handling, & packaging services. The company's geographical segments are the Domestic, Canada, and Mexico, of which the vast majority of its revenue comes from the Domestic.
67GF 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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