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Vera BradleyVRA -0.29%64 Net-Net Working Capital is $-1.06 as of Apr. 2026. GuruFocus rates VRA with a GF Score™ of 64/100 and a GF Value™ of $3.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 371 Manufacturing - Apparel & Accessories companies, Vera Bradley ranks worse than 269541.51% 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.
Vera Bradley's Net-Net Working Capital for the quarter that ended in Apr. 2026 was $-1.06.
The industry rank for Vera Bradley's Net-Net Working Capital or its related term are showing as below:
VRA's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.33 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Vera Bradley (NAS:VRA) 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.
Vera Bradley Net-Net Working Capital Related Terms
Vera Bradley Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Vera Bradley'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.
VRA vs AREB, FMFC, FOSL: Net-Net Working Capital Comparison
For the Footwear & Accessories subindustry, Vera Bradley'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.
Vera Bradley Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vera Bradley's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Vera Bradley'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 $-1.06 mean?
Vera Bradley (VRA) has a Net-Net Working Capital of $-1.06 as of Apr. 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 Vera Bradley According to the industry distribution chart, Vera Bradley ranks #999999 out of 371 companies in the Manufacturing - Apparel & Accessories industry.
Is Vera Bradley's Net-Net Working Capital too high?
Vera Bradley's current Net-Net Working Capital is $-1.06. Based on the distribution chart, Vera Bradley ranks #999999 out of 371 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Vera Bradley has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vera Bradley's Net-Net Working Capital compare to AREB and FMFC?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vera Bradley ranks #999999 out of 371 companies for Net-Net Working Capital. This places Vera Bradley in the lower half of its industry. The industry median Net-Net Working Capital is 5.33. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.33, based on 371 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 Vera Bradley For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vera Bradley's current Net-Net Working Capital is $-1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Bradley stock overvalued right now?
Based on GuruFocus' analysis, Vera Bradley (VRA) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.88, compared to a current price of $3.48 — trading 10.3% below its estimated fair value. The current Net-Net Working Capital is $-1.06. Vera Bradley's overall GF Score™ is 64/100 with 2 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 Vera Bradley (VRA), the current Net-Net Working Capital is $-1.06 as of Apr. 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 Vera Bradley (VRA) Overvalued in 2026?
Based on GuruFocus' analysis, Vera Bradley stock appears to be undervalued.
The current stock price of $3.48 is trading 10.3% below its estimated GF Value™ of $3.88.
GuruFocus considers Vera Bradley to be Modestly Undervalued.
Key valuation signals for VRA:
Net-Net Working Capital: $-1.06
GF Value™: $3.88 vs. price of $3.48 (10.3% below fair value)
No single metric tells the full story. See the VRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vera Bradley Inc designs women's handbags, luggage, and travel items, fashion and home accessories, and gifts. Each category comprises a substantial component of total sales, with the bags category comprising the majority of the company's sales are made directly to customers through Vera Bradley's retail stores and e-commerce sites. The company also has a substantial wholesale business selling to specialty retail and department stores. Almost all company sales are in the United States. Vera Bradley uses third-party manufacturers in Asia to produce its products, and the company distributes the products through its distribution center in Indiana. The Company has three reportable segments: Vera Bradley Direct and Vera Bradley Indirect.
64GF Score
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