Grupa RECYKL (WAR:GRC) Net-Net Working Capital: zł-75.65 (As of Mar. 2026)

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WAR:GRC Grupa RECYKL SA WAR:GRC
85 GF Score
Price zł69.20
GF Value zł81.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Grupa RECYKL Net-Net Working Capital?

Grupa RECYKL WAR:GRC -6.49% 85 Net-Net Working Capital is zł-75.65 as of Mar. 2026. GuruFocus rates WAR:GRC with a GF Score™ of 85/100 and a GF Value™ of zł81.75 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 59 Waste Management companies, Grupa RECYKL 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.

Grupa RECYKL's Net-Net Working Capital for the quarter that ended in Mar. 2026 was zł-75.65.

The industry rank for Grupa RECYKL's Net-Net Working Capital or its related term are showing as below:

WAR:GRC's Price-to-Net-Net-Working-Capital is not ranked *
in the Waste Management industry.
Industry Median: 7.05
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Grupa RECYKL  (WAR:GRC) 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.


Grupa RECYKL Net-Net Working Capital Related Terms


Grupa RECYKL Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Grupa RECYKL'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.

Grupa RECYKL Net-Net Working Capital Chart

Grupa RECYKL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.96 -66.28 -61.57 -65.58 -74.50

Grupa RECYKL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -71.35 -81.38 -79.03 -74.50 -75.65

WAR:GRC vs WM, RSG, WCN: Net-Net Working Capital Comparison

For the Waste Management subindustry, Grupa RECYKL'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.


Grupa RECYKL Price-to-Net-Net-Working-Capital vs Waste Management Industry

For the Waste Management industry and Industrials sector, Grupa RECYKL's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Grupa RECYKL's Price-to-Net-Net-Working-Capital falls into.


WAR:GRC
85GF Score
Grupa RECYKL SA WAR:GRC
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupa RECYKL Net-Net Working Capital Calculation

Grupa RECYKL'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)
=(7.932+0.75 * 25.217+0.5 * 3.517-155.484
-0-0)/1.703
=-74.50

Grupa RECYKL's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.34+0.75 * 28.098+0.5 * 4.073-157.29
-0-0)/1.703
=-75.65

* 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 zł-75.65 mean?
Grupa RECYKL (WAR:GRC) has a Net-Net Working Capital of zł-75.65 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 Grupa RECYKL According to the industry distribution chart, Grupa RECYKL ranks #999999 out of 59 companies in the Waste Management industry.
Is Grupa RECYKL's Net-Net Working Capital too high?
Grupa RECYKL's current Net-Net Working Capital is zł-75.65. Based on the distribution chart, Grupa RECYKL ranks #999999 out of 59 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Grupa RECYKL has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grupa RECYKL's Net-Net Working Capital compare to WM and RSG?
According to the Waste Management industry distribution chart, Grupa RECYKL ranks #999999 out of 59 companies for Net-Net Working Capital. This places Grupa RECYKL in the lower half of its industry. The industry median Net-Net Working Capital is 7.05. 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 7.05, 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 Grupa RECYKL For the Waste Management industry, the median Net-Net Working Capital is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupa RECYKL's current Net-Net Working Capital is zł-75.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupa RECYKL stock overvalued right now?
Based on GuruFocus' analysis, Grupa RECYKL (WAR:GRC) is currently considered Modestly Undervalued. The stock's GF Value™ is zł81.75, compared to a current price of zł69.20 — trading 15.4% below its estimated fair value. The current Net-Net Working Capital is zł-75.65. Grupa RECYKL'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 Grupa RECYKL (WAR:GRC), the current Net-Net Working Capital is zł-75.65 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 Grupa RECYKL (WAR:GRC) Overvalued in 2026?

Based on GuruFocus' analysis, Grupa RECYKL stock appears to be undervalued. The current stock price of zł69.20 is trading 15.4% below its estimated GF Value™ of zł81.75. GuruFocus considers Grupa RECYKL to be Modestly Undervalued.

Key valuation signals for WAR:GRC:

  • Net-Net Working Capital: zł-75.65
  • GF Value™: zł81.75 vs. price of zł69.20 (15.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the WAR:GRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupa RECYKL Business Description

Address Srem Ulica Summer 3, Province Greater, POL, 63-100
Grupa RECYKL SA is engaged in waste management services in Poland. The company primarily involved in the recovery and recycling of worn tires. It also provides rubber granulates for burning in cement industries; rubber granulate with fibers and steel cords.
85GF Score

Get the complete analysis for WAR:GRC

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł69.20
Price
zł81.75
GF Value