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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.
UNIQA Insurance Group AG's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-45.71.
The industry rank for UNIQA Insurance Group AG's Net-Net Working Capital or its related term are showing as below:
UNIXY's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 8.23 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
UNIQA Insurance Group AG (OTCPK:UNIXY) 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.
UNIQA Insurance Group AG Net-Net Working Capital Related Terms
UNIQA Insurance Group AG Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for UNIQA Insurance Group AG'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.
UNIQA Insurance Group AG Net-Net Working Capital Chart
UNIXY vs BRK.A, AIG, HIG: Net-Net Working Capital Comparison
For the Insurance - Diversified subindustry, UNIQA Insurance Group AG'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.
UNIQA Insurance Group AG Price-to-Net-Net-Working-Capital vs Insurance Industry
For the Insurance industry and Financial Services sector, UNIQA Insurance Group AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where UNIQA Insurance Group AG'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 $-45.71 mean?
UNIQA Insurance Group AG (UNIXY) has a Net-Net Working Capital of $-45.71 as of Dec. 2025. 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 UNIQA Insurance Group AG According to the industry distribution chart, UNIQA Insurance Group AG ranks #999999 out of 61 companies in the Insurance industry.
Is UNIQA Insurance Group AG's Net-Net Working Capital too high?
UNIQA Insurance Group AG's current Net-Net Working Capital is $-45.71. Based on the distribution chart, UNIQA Insurance Group AG ranks #999999 out of 61 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, UNIQA Insurance Group AG has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does UNIQA Insurance Group AG's Net-Net Working Capital compare to BRK.A and AIG?
According to the Insurance industry distribution chart, UNIQA Insurance Group AG ranks #999999 out of 61 companies for Net-Net Working Capital. This places UNIQA Insurance Group AG in the lower half of its industry. The industry median Net-Net Working Capital is 8.23. 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 Insurance company?
The median Net-Net Working Capital among Insurance companies is 8.23, based on 61 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 UNIQA Insurance Group AG For the Insurance industry, the median Net-Net Working Capital is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UNIQA Insurance Group AG's current Net-Net Working Capital is $-45.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UNIQA Insurance Group AG stock overvalued right now?
UNIQA Insurance Group AG (UNIXY) has a current Net-Net Working Capital of $-45.71. The stock's GF Value™ is $11.90, compared to a current price of $18.35 — trading 54.2% above its estimated fair value. The current Net-Net Working Capital is $-45.71. UNIQA Insurance Group AG's overall GF Score™ is 61/100 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 UNIQA Insurance Group AG (UNIXY), the current Net-Net Working Capital is $-45.71 as of Dec. 2025. 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 UNIQA Insurance Group AG (UNIXY) Overvalued in 2026?
Based on GuruFocus' analysis, UNIQA Insurance Group AG stock appears to be overvalued.
The current stock price of $18.35 is trading 54.2% above its estimated GF Value™ of $11.90.
Key valuation signals for UNIXY:
Net-Net Working Capital: $-45.71
GF Value™: $11.90 vs. price of $18.35 (54.2% above fair value)
No single metric tells the full story. See the UNIXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UNIQA Insurance Group AG business activities mainly comprise the business with property and casualty, as well as health and life insurance. The group is having following operating segments UNIQA Austria includes the Austrian insurance business; UNIQA International includes all international primary insurance companies and international service companies as well as investment management companies and pension funds; and Reinsurance includes UNIQA Re AG (Zurich, Switzerland) and the reinsurance business of UNIQA Insurance Group AG. The company generates majority of revenue comes from UNIQA Austria.
61GF Score
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