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Vertex Resource GroupVTXGF 22 Net-Net Working Capital is $-0.71 as of Mar. 2026. GuruFocus rates VTXGF with a GF Score™ of 22/100 and a GF Value™ of $0.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 59 Waste Management companies, Vertex Resource Group ranks worse than 1694913.56% 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.
Vertex Resource Group's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.71.
The industry rank for Vertex Resource Group's Net-Net Working Capital or its related term are showing as below:
VTXGF's Price-to-Net-Net-Working-Capital is not ranked *
in the Waste Management industry.
Industry Median: 6.8 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Vertex Resource Group (OTCPK:VTXGF) 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.
Vertex Resource Group Net-Net Working Capital Related Terms
Vertex Resource Group Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Vertex Resource Group'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.
Vertex Resource Group Net-Net Working Capital Chart
VTXGF vs WM, RSG, WCN: Net-Net Working Capital Comparison
For the Waste Management subindustry, Vertex Resource Group'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.
Vertex Resource Group Price-to-Net-Net-Working-Capital vs Waste Management Industry
For the Waste Management industry and Industrials sector, Vertex Resource Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Vertex Resource Group'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 $-0.71 mean?
Vertex Resource Group (VTXGF) has a Net-Net Working Capital of $-0.71 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 Vertex Resource Group According to the industry distribution chart, Vertex Resource Group ranks #999999 out of 59 companies in the Waste Management industry.
Is Vertex Resource Group's Net-Net Working Capital too high?
Vertex Resource Group's current Net-Net Working Capital is $-0.71. Based on the distribution chart, Vertex Resource Group ranks #999999 out of 59 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Vertex Resource Group has a GF Score™ of 22/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vertex Resource Group's Net-Net Working Capital compare to WM and RSG?
According to the Waste Management industry distribution chart, Vertex Resource Group ranks #999999 out of 59 companies for Net-Net Working Capital. This places Vertex Resource Group in the lower half of its industry. The industry median Net-Net Working Capital is 6.80. 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 Waste Management company?
The median Net-Net Working Capital among Waste Management companies is 6.80, based on 59 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 Vertex Resource Group For the Waste Management industry, the median Net-Net Working Capital is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vertex Resource Group's current Net-Net Working Capital is $-0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertex Resource Group stock overvalued right now?
Based on GuruFocus' analysis, Vertex Resource Group (VTXGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.15, compared to a current price of $0.13 — trading 13.3% below its estimated fair value. The current Net-Net Working Capital is $-0.71. Vertex Resource Group's overall GF Score™ is 22/100 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 Vertex Resource Group (VTXGF), the current Net-Net Working Capital is $-0.71 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 Vertex Resource Group (VTXGF) Overvalued in 2026?
Based on GuruFocus' analysis, Vertex Resource Group stock appears to be undervalued.
The current stock price of $0.13 is trading 13.3% below its estimated GF Value™ of $0.15.
GuruFocus considers Vertex Resource Group to be Modestly Undervalued.
Key valuation signals for VTXGF:
Net-Net Working Capital: $-0.71
GF Value™: $0.15 vs. price of $0.13 (13.3% below fair value)
No single metric tells the full story. See the VTXGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vertex Resource Group Ltd provides environmental consulting and support services to a diverse clientele across Canada and in select locations in the United States. It has two reportable segments: Environmental Consulting and Environmental Services. The majority of the company's revenue is generated from the Environmental Services segment, which consists of a variety of services related to transportation; removal, storage and disposal of materials; and maintenance of facilities, in an environmentally safe manner. Services offered in this segment include fluid management and logistics, waste and recycling, industrial cleaning and maintenance, hydro-excavating, and site services for various industries, including energy, telecommunications, public sector, utilities, mining, and agriculture.
22GF Score
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