Kancelaria Medius (WAR:KME) Net-Net Working Capital: zł-0.04 (As of Mar. 2026)

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WAR:KME Kancelaria Medius SA WAR:KME
29 GF Score
Price zł0.20
GF Value zł0.19
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Kancelaria Medius Net-Net Working Capital?

Kancelaria Medius WAR:KME 29 Net-Net Working Capital is zł-0.04 as of Mar. 2026. GuruFocus rates WAR:KME with a GF Score™ of 29/100 and a GF Value™ of zł0.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 440 Business Services companies, Kancelaria Medius ranks worse than 227272.5% 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.

Kancelaria Medius's Net-Net Working Capital for the quarter that ended in Mar. 2026 was zł-0.04.

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

WAR:KME's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.78
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Kancelaria Medius  (WAR:KME) 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.


Kancelaria Medius Net-Net Working Capital Related Terms


Kancelaria Medius Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Kancelaria Medius'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.

Kancelaria Medius Net-Net Working Capital Chart

Kancelaria Medius 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 -6.42 -6.01 -5.81 -1.21 -0.06

Kancelaria Medius 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 -1.16 -0.04 -0.08 -0.06 -0.04

WAR:KME vs CTAS, CPRT, GPN: Net-Net Working Capital Comparison

For the Specialty Business Services subindustry, Kancelaria Medius'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.


Kancelaria Medius Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, Kancelaria Medius's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


WAR:KME
29GF Score
Kancelaria Medius SA WAR:KME
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kancelaria Medius Net-Net Working Capital Calculation

Kancelaria Medius'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)
=(19.018+0.75 * 0.119+0.5 * 0-21.917
-0-0)/46.180
=-0.06

Kancelaria Medius'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)
=(19.492+0.75 * 0+0.5 * 0-21.277
-0-0)/46.180
=-0.04

* 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-0.04 mean?
Kancelaria Medius (WAR:KME) has a Net-Net Working Capital of zł-0.04 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 Kancelaria Medius According to the industry distribution chart, Kancelaria Medius ranks #999999 out of 440 companies in the Business Services industry.
Is Kancelaria Medius' Net-Net Working Capital too high?
Kancelaria Medius' current Net-Net Working Capital is zł-0.04. Based on the distribution chart, Kancelaria Medius ranks #999999 out of 440 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Kancelaria Medius has a GF Score™ of 29/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kancelaria Medius' Net-Net Working Capital compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Kancelaria Medius ranks #999999 out of 440 companies for Net-Net Working Capital. This places Kancelaria Medius in the lower half of its industry. The industry median Net-Net Working Capital is 5.78. 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 Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.78, based on 440 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 Kancelaria Medius For the Business Services industry, the median Net-Net Working Capital is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kancelaria Medius's current Net-Net Working Capital is zł-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kancelaria Medius stock overvalued right now?
Based on GuruFocus' analysis, Kancelaria Medius (WAR:KME) is currently considered Fairly Valued. The stock's GF Value™ is zł0.19, compared to a current price of zł0.20 — trading 5.3% above its estimated fair value. The current Net-Net Working Capital is zł-0.04. Kancelaria Medius' overall GF Score™ is 29/100 with 4 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 Kancelaria Medius (WAR:KME), the current Net-Net Working Capital is zł-0.04 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 Kancelaria Medius (WAR:KME) Overvalued in 2026?

Based on GuruFocus' analysis, Kancelaria Medius stock appears to be overvalued. The current stock price of zł0.20 is trading 5.3% above its estimated GF Value™ of zł0.19. GuruFocus considers Kancelaria Medius to be Fairly Valued.

Key valuation signals for WAR:KME:

  • Net-Net Working Capital: zł-0.04
  • GF Value™: zł0.19 vs. price of zł0.20 (5.3% above fair value)
  • GF Score™: 29/100 with 4 warning signs

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


Kancelaria Medius Business Description

Address ul. Babinski 69, Krakow, POL, 30-126
Kancelaria Medius SA is a Poland based company involved in providing debt management and receivables management services. The various services offered by the company include Purchase of debt portfolios, Debt service, Handling of mortgage-secured claims and Law Firm services.
29GF Score

Get the complete analysis for WAR:KME

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

zł0.20
Price
zł0.19
GF Value