Sds Optic (WAR:SDS) Net-Net Working Capital: zł-2.02 (As of Mar. 2026)

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WAR:SDS Sds Optic SA WAR:SDS
22 GF Score
Price zł4.70
! 4 Warning Signs
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What is Sds Optic Net-Net Working Capital?

Sds Optic WAR:SDS 22 Net-Net Working Capital is zł-2.02 as of Mar. 2026. GuruFocus rates WAR:SDS with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 401 Medical Devices & Instruments companies, Sds Optic ranks worse than 249376.31% 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.

Sds Optic's Net-Net Working Capital for the quarter that ended in Mar. 2026 was zł-2.02.

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

WAR:SDS's Price-to-Net-Net-Working-Capital is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 7.16
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sds Optic  (WAR:SDS) 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.


Sds Optic Net-Net Working Capital Related Terms


Sds Optic Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Sds Optic'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.

Sds Optic Net-Net Working Capital Chart

Sds Optic Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial 1.63 -0.07 0.08 -1.43 -2.17

Sds Optic 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 -1.79 -2.04 -2.23 -2.17 -2.02

WAR:SDS vs ABT, SYK, MDT: Net-Net Working Capital Comparison

For the Medical Devices subindustry, Sds Optic'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.


Sds Optic Price-to-Net-Net-Working-Capital vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sds Optic's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


WAR:SDS
22GF Score
Sds Optic SA WAR:SDS
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Sds Optic Net-Net Working Capital Calculation

Sds Optic'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)
=(1.075+0.75 * 0.491+0.5 * 0-15.099
-0-0)/6.300
=-2.17

Sds Optic'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)
=(1.728+0.75 * 0.394+0.5 * 0-15.505
-0-0)/6.675
=-2.02

* 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-2.02 mean?
Sds Optic (WAR:SDS) has a Net-Net Working Capital of zł-2.02 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 Sds Optic According to the industry distribution chart, Sds Optic ranks #999999 out of 401 companies in the Medical Devices & Instruments industry.
Is Sds Optic's Net-Net Working Capital too high?
Sds Optic's current Net-Net Working Capital is zł-2.02. Based on the distribution chart, Sds Optic ranks #999999 out of 401 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Sds Optic has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Sds Optic's Net-Net Working Capital compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sds Optic ranks #999999 out of 401 companies for Net-Net Working Capital. This places Sds Optic 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 401 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 Sds Optic 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. Sds Optic's current Net-Net Working Capital is zł-2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sds Optic stock overvalued right now?
Sds Optic (WAR:SDS) has a current Net-Net Working Capital of zł-2.02. The current Net-Net Working Capital is zł-2.02. Sds Optic's overall GF Score™ is 22/100 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 Sds Optic (WAR:SDS), the current Net-Net Working Capital is zł-2.02 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.

Sds Optic Business Description

Address ul. Gleboka 39, Centrum Ecotech-Complex, Block A, Lublin, POL, 20-612
Sds Optic SA is engaged in developing and creating solutions on the borderline of biochemistry, engineering and fiber optic technologies, used in cancer diagnosis and treatment. The company has designed an Opto-biological methodology that allows for instant cellular processes studies including in-vivo cancer diagnosis with single-cell resolution. The company is also focused on manufacturing Optoelectronics.
22GF Score

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

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