Vicore Pharma Holding ABVCRE -4.00%13 Net-Net Working Capital is $0.37 as of Mar. 2026. GuruFocus rates VCRE with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 859 Biotechnology companies, Vicore Pharma Holding AB ranks better than 61.35% 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.
Vicore Pharma Holding AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.37.
The industry rank for Vicore Pharma Holding AB's Net-Net Working Capital or its related term are showing as below:
VCRE's Price-to-Net-Net-Working-Capital is ranked better than 61.35% of 859
companies
in the Biotechnology industry
Industry Median: 5.48
vs VCRE: 3.75
Vicore Pharma Holding AB (NAS:VCRE) 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.
Vicore Pharma Holding AB Net-Net Working Capital Related Terms
Vicore Pharma Holding AB Net-Net Working Capital Historical Data
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The historical data trend for Vicore Pharma Holding AB'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.
Vicore Pharma Holding AB Net-Net Working Capital Chart
For the Biotechnology subindustry, Vicore Pharma Holding AB'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.
Vicore Pharma Holding AB Price-to-Net-Net-Working-Capital vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Vicore Pharma Holding AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Vicore Pharma Holding AB'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 $0.37 mean?
Vicore Pharma Holding AB (VCRE) has a Net-Net Working Capital of $0.37 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 Vicore Pharma Holding AB According to the industry distribution chart, Vicore Pharma Holding AB ranks #332 out of 859 companies in the Biotechnology industry, placing it in the top 38.6%.
Is Vicore Pharma Holding AB's Net-Net Working Capital too high?
Vicore Pharma Holding AB's current Net-Net Working Capital is $0.37. The Biotechnology industry median Net-Net Working Capital is 5.48. Vicore Pharma Holding AB's value of $0.37 is 93.2% below this industry median. Based on the distribution chart, Vicore Pharma Holding AB ranks #332 out of 859 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Vicore Pharma Holding AB has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Vicore Pharma Holding AB's Net-Net Working Capital compare to ?
According to the Biotechnology industry distribution chart, Vicore Pharma Holding AB ranks #332 out of 859 companies for Net-Net Working Capital. This puts Vicore Pharma Holding AB in the upper half of its industry. The industry median Net-Net Working Capital is 5.48. Vicore Pharma Holding AB's value of $0.37 is 93.2% 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 Biotechnology company?
The median Net-Net Working Capital among Biotechnology companies is 5.48, based on 859 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. Vicore Pharma Holding AB's current Net-Net Working Capital of $0.37 is 93.2% 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 Vicore Pharma Holding AB For the Biotechnology industry, the median Net-Net Working Capital is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicore Pharma Holding AB's current Net-Net Working Capital is $0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicore Pharma Holding AB stock overvalued right now?
Vicore Pharma Holding AB (VCRE) has a current Net-Net Working Capital of $0.37. The current Net-Net Working Capital is $0.37 and 93.2% below the Biotechnology industry median of 5.48. Vicore Pharma Holding AB's overall GF Score™ is 13/100 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 Vicore Pharma Holding AB (VCRE), the current Net-Net Working Capital is $0.37 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.
Vicore Pharma Holding AB is a clinical-stage biopharmaceutical company developing a new class of disease-modifying therapies for respiratory and fibrotic diseases, including idiopathic pulmonary fibrosis (IPF). Its main program, buloxibutid, is an oral angiotensin II type 2 receptor agonist that has received Orphan Drug and Fast Track designation from the U.S. Food and Drug Administration and is currently being evaluated in the 52-week Phase 2b ASPIRE trial in IPF. Currently, Vicore is operating mainly in Sweden.
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