Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Satis GroupWAR:STS +0.89%29 Net-Net Working Capital is zł-19.69 as of Mar. 2026. GuruFocus rates WAR:STS with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 1,196 Hardware companies, Satis Group ranks worse than 83611.96% 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.
Satis Group's Net-Net Working Capital for the quarter that ended in Mar. 2026 was zł-19.69.
The industry rank for Satis Group's Net-Net Working Capital or its related term are showing as below:
WAR:STS's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 9.135 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Satis Group (WAR:STS) 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.
Satis Group Net-Net Working Capital Related Terms
Satis Group Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Satis Group'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:STS vs COHR, KEYS, GRMN: Net-Net Working Capital Comparison
For the Scientific & Technical Instruments subindustry, Satis Group'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.
Satis Group Price-to-Net-Net-Working-Capital vs Hardware Industry
For the Hardware industry and Technology sector, Satis Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Satis Group'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-19.69 mean?
Satis Group (WAR:STS) has a Net-Net Working Capital of zł-19.69 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 Satis Group According to the industry distribution chart, Satis Group ranks #999999 out of 1196 companies in the Hardware industry.
Is Satis Group's Net-Net Working Capital too high?
Satis Group's current Net-Net Working Capital is zł-19.69. Based on the distribution chart, Satis Group ranks #999999 out of 1196 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Satis Group has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Satis Group's Net-Net Working Capital compare to COHR and KEYS?
According to the Hardware industry distribution chart, Satis Group ranks #999999 out of 1196 companies for Net-Net Working Capital. This places Satis Group in the lower half of its industry. The industry median Net-Net Working Capital is 9.14. 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 Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.14, based on 1,196 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 Satis Group For the Hardware industry, the median Net-Net Working Capital is 9.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Satis Group's current Net-Net Working Capital is zł-19.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Satis Group stock overvalued right now?
Satis Group (WAR:STS) has a current Net-Net Working Capital of zł-19.69. The current Net-Net Working Capital is zł-19.69. Satis Group's overall GF Score™ is 29/100 with 3 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 Satis Group (WAR:STS), the current Net-Net Working Capital is zł-19.69 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.
Satis Group SA formerly known as iAlbatros Group SA is a Poland based company primarily engaged in the sale of vehicle fleet management services which include teleinformatics and GPS locators directed to corporations and companies.
29GF Score
Get the complete analysis for WAR:STS
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:STS has been successfully added to your 
