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MedicalgorithmicsWAR:MDG -1.57%70 Net-Net Working Capital is zł-3.63 as of Mar. 2026. GuruFocus rates WAR:MDG with a GF Score™ of 70/100 and a GF Value™ of zł28.48 (Fairly Valued). The stock has 4 warning signs investors should review. Among 394 Medical Devices & Instruments companies, Medicalgorithmics ranks worse than 253806.85% 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.
Medicalgorithmics's Net-Net Working Capital for the quarter that ended in Mar. 2026 was zł-3.63.
The industry rank for Medicalgorithmics's Net-Net Working Capital or its related term are showing as below:
WAR:MDG's Price-to-Net-Net-Working-Capital is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 7.155 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Medicalgorithmics (WAR:MDG) 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.
Medicalgorithmics Net-Net Working Capital Related Terms
Medicalgorithmics Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Medicalgorithmics'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.
WAR:MDG vs ABT, SYK, MDT: Net-Net Working Capital Comparison
For the Medical Devices subindustry, Medicalgorithmics'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.
Medicalgorithmics Price-to-Net-Net-Working-Capital vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medicalgorithmics's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Medicalgorithmics'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 zł-3.63 mean?
Medicalgorithmics (WAR:MDG) has a Net-Net Working Capital of zł-3.63 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 Medicalgorithmics According to the industry distribution chart, Medicalgorithmics ranks #999999 out of 394 companies in the Medical Devices & Instruments industry.
Is Medicalgorithmics' Net-Net Working Capital too high?
Medicalgorithmics' current Net-Net Working Capital is zł-3.63. Based on the distribution chart, Medicalgorithmics ranks #999999 out of 394 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Medicalgorithmics has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Medicalgorithmics' Net-Net Working Capital compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Medicalgorithmics ranks #999999 out of 394 companies for Net-Net Working Capital. This places Medicalgorithmics in the lower half of its industry. The industry median Net-Net Working Capital is 7.16. 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 Medical Devices & Instruments company?
The median Net-Net Working Capital among Medical Devices & Instruments companies is 7.16, based on 394 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 Medicalgorithmics For the Medical Devices & Instruments industry, the median Net-Net Working Capital is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medicalgorithmics's current Net-Net Working Capital is zł-3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medicalgorithmics stock overvalued right now?
Based on GuruFocus' analysis, Medicalgorithmics (WAR:MDG) is currently considered Fairly Valued. The stock's GF Value™ is zł28.48, compared to a current price of zł28.15 — trading 1.2% below its estimated fair value. The current Net-Net Working Capital is zł-3.63. Medicalgorithmics' overall GF Score™ is 70/100 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 Medicalgorithmics (WAR:MDG), the current Net-Net Working Capital is zł-3.63 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 Medicalgorithmics (WAR:MDG) Overvalued in 2026?
Based on GuruFocus' analysis, Medicalgorithmics stock appears to be undervalued.
The current stock price of zł28.15 is trading 1.2% below its estimated GF Value™ of zł28.48.
GuruFocus considers Medicalgorithmics to be Fairly Valued.
Key valuation signals for WAR:MDG:
Net-Net Working Capital: zł-3.63
GF Value™: zł28.48 vs. price of zł28.15 (1.2% below fair value)
No single metric tells the full story. See the WAR:MDG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medicalgorithmics SA is a medical technology company. It is engaged in the development of Digital Signal Processing (DSP) algorithms development and software and hardware electronics design for medical applications. The company specializes in providing advance technological solutions in the field of cardiac diagnostics, with a particular focus on ECG signal analysis. The group concentrates on the production and development of its flagship product Pocket ECG - a system for remote monitoring of cardiac arrhythmias. The offered solutions include algorithms and diagnostic systems used in remote heart monitoring. The company operates in Poland, the USA, and other, with majority of revenue from the USA.
70GF Score
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