KSG Agro (WAR:KSG) Net-Net Working Capital: zł-3.96 (As of Sep. 2025)

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WAR:KSG KSG Agro SA WAR:KSG
58 GF Score
Price zł3.37
GF Value zł2.07
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is KSG Agro Net-Net Working Capital?

KSG Agro WAR:KSG +3.06% 58 Net-Net Working Capital is zł-3.96 as of Sep. 2025. GuruFocus rates WAR:KSG with a GF Score™ of 58/100 and a GF Value™ of zł2.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 665 Consumer Packaged Goods companies, KSG Agro ranks worse than 150375.79% 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.

KSG Agro's Net-Net Working Capital for the quarter that ended in Sep. 2025 was zł-3.96.

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

WAR:KSG's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.67
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

KSG Agro  (WAR:KSG) 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.


KSG Agro Net-Net Working Capital Related Terms


KSG Agro Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for KSG Agro'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.

KSG Agro Net-Net Working Capital Chart

KSG Agro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.44 -9.28 -9.48 -6.25 -4.17

KSG Agro Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.00 -4.17 -3.81 -4.19 -3.96

WAR:KSG vs ADM, BG, TSN: Net-Net Working Capital Comparison

For the Farm Products subindustry, KSG Agro'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.


KSG Agro Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KSG Agro's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


WAR:KSG
58GF Score
KSG Agro SA WAR:KSG
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KSG Agro Net-Net Working Capital Calculation

KSG Agro's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.846+0.75 * 8.223+0.5 * 36.135-109.623
-0-0)/14.988
=-4.17

KSG Agro's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2025 is calculated as

Net-Net Working Capital(Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(14.006+0.75 * 10.392+0.5 * 52.029-104.121
-0-0)/14.220
=-3.96

* 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-3.96 mean?
KSG Agro (WAR:KSG) has a Net-Net Working Capital of zł-3.96 as of Sep. 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 KSG Agro According to the industry distribution chart, KSG Agro ranks #999999 out of 665 companies in the Consumer Packaged Goods industry.
Is KSG Agro's Net-Net Working Capital too high?
KSG Agro's current Net-Net Working Capital is zł-3.96. Based on the distribution chart, KSG Agro ranks #999999 out of 665 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, KSG Agro has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSG Agro's Net-Net Working Capital compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, KSG Agro ranks #999999 out of 665 companies for Net-Net Working Capital. This places KSG Agro in the lower half of its industry. The industry median Net-Net Working Capital is 6.67. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.67, based on 665 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 KSG Agro For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KSG Agro's current Net-Net Working Capital is zł-3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSG Agro stock overvalued right now?
Based on GuruFocus' analysis, KSG Agro (WAR:KSG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł2.07, compared to a current price of zł3.37 — trading 62.6% above its estimated fair value. The current Net-Net Working Capital is zł-3.96. KSG Agro's overall GF Score™ is 58/100 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 KSG Agro (WAR:KSG), the current Net-Net Working Capital is zł-3.96 as of Sep. 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.

Is KSG Agro (WAR:KSG) Overvalued in 2026?

Based on GuruFocus' analysis, KSG Agro stock appears to be overvalued. The current stock price of zł3.37 is trading 62.6% above its estimated GF Value™ of zł2.07. GuruFocus considers KSG Agro to be Significantly Overvalued.

Key valuation signals for WAR:KSG:

  • Net-Net Working Capital: zł-3.96
  • GF Value™: zł2.07 vs. price of zł3.37 (62.6% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


KSG Agro Business Description

Address 24, rue Astrid, Luxembourg, LUX, L-1143
KSG Agro SA operates in the agricultural sector with activities in Ukraine and Poland. The company operates through three main segments: Crop Farming, Pig Breeding, and Other Services. The Crop Farming segment produces various crops, including sunflower, corn, wheat, barley, and rapeseed, along with providing land cultivation services. The Pig Breeding segment focuses on breeding Danish purebred sows and the sale of pigs and piglets. The Other segment encompasses the production of fuel pellets and thermal energy, wholesale trade of crops and other goods, and offers services such as pork processing. Maximum revenue is from the Crop Farming segment. KSG Agro aims to supply agricultural products through its integrated operations and maintains a presence in multiple countries across Europe.
58GF Score

Get the complete analysis for WAR:KSG

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

zł3.37
Price
zł2.07
GF Value