VSME (VS Media Holdings) Net-Net Working Capital: $-1.33 (As of Dec. 2025)

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VSME VS Media Holdings Ltd VSME
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What is VS Media Holdings Net-Net Working Capital?

VS Media Holdings VSME -0.81% 13 Net-Net Working Capital is $-1.33 as of Dec. 2025. GuruFocus rates VSME with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 387 Media - Diversified companies, VS Media Holdings ranks worse than 258397.67% 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.

VS Media Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $-1.33.

The industry rank for VS Media Holdings's Net-Net Working Capital or its related term are showing as below:

VSME's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.41
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

VS Media Holdings  (NAS:VSME) 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.


VS Media Holdings Net-Net Working Capital Related Terms


VS Media Holdings Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for VS Media Holdings'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.

VS Media Holdings Net-Net Working Capital Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial -26.55 -23.65 -17.78 -10.27 -1.33

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -17.78 -24.35 -10.27 1.00 -1.33

VSME vs CHR, CNFN, ONAR: Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, VS Media Holdings'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.


VS Media Holdings Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VS Media Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where VS Media Holdings's Price-to-Net-Net-Working-Capital falls into.


VSME
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VS Media Holdings Ltd VSME
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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VS Media Holdings Net-Net Working Capital Calculation

VS Media Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.976+0.75 * 0.748+0.5 * 0-5.195
-0-0)/2.751
=-1.33

VS Media Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.976+0.75 * 0.748+0.5 * 0-5.195
-0-0)/2.751
=-1.33

* 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 $-1.33 mean?
VS Media Holdings (VSME) has a Net-Net Working Capital of $-1.33 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 VS Media Holdings According to the industry distribution chart, VS Media Holdings ranks #999999 out of 387 companies in the Media - Diversified industry.
Is VS Media Holdings' Net-Net Working Capital too high?
VS Media Holdings' current Net-Net Working Capital is $-1.33. Based on the distribution chart, VS Media Holdings ranks #999999 out of 387 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, VS Media Holdings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does VS Media Holdings' Net-Net Working Capital compare to CHR and CNFN?
According to the Media - Diversified industry distribution chart, VS Media Holdings ranks #999999 out of 387 companies for Net-Net Working Capital. This places VS Media Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 4.41. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.41, based on 387 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 VS Media Holdings For the Media - Diversified industry, the median Net-Net Working Capital is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VS Media Holdings's current Net-Net Working Capital is $-1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VS Media Holdings stock overvalued right now?
VS Media Holdings (VSME) has a current Net-Net Working Capital of $-1.33. The current Net-Net Working Capital is $-1.33. VS Media Holdings' 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 VS Media Holdings (VSME), the current Net-Net Working Capital is $-1.33 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.

VS Media Holdings Business Description

Address 3 International Business Park No. 03-29, Nordic European Centre, Singapore, SGP, 609927
VS Media Holdings Ltd manages a network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fan bases on social media platforms. The company's business provides value to two business stakeholders: marketing services and social commerce. The firm generates almost all of its revenue from marketing services, which reflects the company's business of marketing services to clients and social media platforms. The social commerce segment reflects the company's business of social commerce with customers. Geographically, the firm generates revenue from the HK SAR and Taiwan.
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