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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PT Unilever Indonesia TbkUNLRF 85 Net-Net Working Capital is $-0.01 as of Mar. 2026. GuruFocus rates UNLRF with a GF Score™ of 85/100 and a GF Value™ of $0.12 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 663 Consumer Packaged Goods companies, PT Unilever Indonesia Tbk ranks worse than 150829.41% 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.
PT Unilever Indonesia Tbk's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.01.
The industry rank for PT Unilever Indonesia Tbk's Net-Net Working Capital or its related term are showing as below:
UNLRF's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.58 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
PT Unilever Indonesia Tbk (OTCPK:UNLRF) 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.
PT Unilever Indonesia Tbk Net-Net Working Capital Related Terms
PT Unilever Indonesia Tbk Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for PT Unilever Indonesia Tbk'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.
PT Unilever Indonesia Tbk Net-Net Working Capital Chart
UNLRF vs PG, CL, KVUE: Net-Net Working Capital Comparison
For the Household & Personal Products subindustry, PT Unilever Indonesia Tbk'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.
PT Unilever Indonesia Tbk Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Unilever Indonesia Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where PT Unilever Indonesia Tbk'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 $-0.01 mean?
PT Unilever Indonesia Tbk (UNLRF) has a Net-Net Working Capital of $-0.01 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 PT Unilever Indonesia Tbk According to the industry distribution chart, PT Unilever Indonesia Tbk ranks #999999 out of 663 companies in the Consumer Packaged Goods industry.
Is PT Unilever Indonesia Tbk's Net-Net Working Capital too high?
PT Unilever Indonesia Tbk's current Net-Net Working Capital is $-0.01. Based on the distribution chart, PT Unilever Indonesia Tbk ranks #999999 out of 663 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PT Unilever Indonesia Tbk has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Unilever Indonesia Tbk's Net-Net Working Capital compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PT Unilever Indonesia Tbk ranks #999999 out of 663 companies for Net-Net Working Capital. This places PT Unilever Indonesia Tbk in the lower half of its industry. The industry median Net-Net Working Capital is 6.58. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.58, based on 663 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 PT Unilever Indonesia Tbk For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Unilever Indonesia Tbk's current Net-Net Working Capital is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Unilever Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Unilever Indonesia Tbk (UNLRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.12, compared to a current price of $0.05 — trading 54.3% below its estimated fair value. The current Net-Net Working Capital is $-0.01. PT Unilever Indonesia Tbk's overall GF Score™ is 85/100 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 PT Unilever Indonesia Tbk (UNLRF), the current Net-Net Working Capital is $-0.01 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 PT Unilever Indonesia Tbk (UNLRF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Unilever Indonesia Tbk stock appears to be undervalued.
The current stock price of $0.05 is trading 54.3% below its estimated GF Value™ of $0.12.
GuruFocus considers PT Unilever Indonesia Tbk to be Possible Value Trap.
Key valuation signals for UNLRF:
Net-Net Working Capital: $-0.01
GF Value™: $0.12 vs. price of $0.05 (54.3% below fair value)
No single metric tells the full story. See the UNLRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Unilever Indonesia Tbk is an Indonesian company engaged in Manufacturing, marketing, and distributing consumer goods. It offers diverse, ranging from cosmetics and hygienic items (detergents, soaps, shampoos, skin care, toothpastes, and deodorants) to food and beverages (tea, coffee, and packaged foods). Its product portfolio contains products such as Pepsodent, Lux, Lifebuoy, Dove, Sunsilk, Clear, Rexona, Vaseline, Rinso, Molto, Sunlight, Royco, Bango, and more. The segments of the company are: the Home and Personal Care, which relates to the cleaning products that are used in the household and cosmetic products; and the Foods and Refreshment, which offers food and beverage products including ice cream. It derives maximum revenue from the Home and Personal Care segment.
85GF Score
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