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VAA-Vista Alegre AtlantisXLIS:VAF 87 Net-Net Working Capital is €-0.73 as of Mar. 2026. GuruFocus rates XLIS:VAF with a GF Score™ of 87/100 and a GF Value™ of €1.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 176 Furnishings, Fixtures & Appliances companies, VAA-Vista Alegre Atlantis ranks worse than 568181.25% 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.
VAA-Vista Alegre Atlantis's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €-0.73.
The industry rank for VAA-Vista Alegre Atlantis's Net-Net Working Capital or its related term are showing as below:
XLIS:VAF's Price-to-Net-Net-Working-Capital is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 7.205 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
VAA-Vista Alegre Atlantis (XLIS:VAF) 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.
VAA-Vista Alegre Atlantis Net-Net Working Capital Related Terms
VAA-Vista Alegre Atlantis Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for VAA-Vista Alegre Atlantis'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.
VAA-Vista Alegre Atlantis Net-Net Working Capital Chart
XLIS:VAF vs SN, SGI, MHK: Net-Net Working Capital Comparison
For the Furnishings, Fixtures & Appliances subindustry, VAA-Vista Alegre Atlantis'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.
VAA-Vista Alegre Atlantis Price-to-Net-Net-Working-Capital vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, VAA-Vista Alegre Atlantis's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where VAA-Vista Alegre Atlantis'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 €-0.73 mean?
VAA-Vista Alegre Atlantis (XLIS:VAF) has a Net-Net Working Capital of €-0.73 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 VAA-Vista Alegre Atlantis According to the industry distribution chart, VAA-Vista Alegre Atlantis ranks #999999 out of 176 companies in the Furnishings, Fixtures & Appliances industry.
Is VAA-Vista Alegre Atlantis' Net-Net Working Capital too high?
VAA-Vista Alegre Atlantis' current Net-Net Working Capital is €-0.73. Based on the distribution chart, VAA-Vista Alegre Atlantis ranks #999999 out of 176 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, VAA-Vista Alegre Atlantis has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VAA-Vista Alegre Atlantis' Net-Net Working Capital compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, VAA-Vista Alegre Atlantis ranks #999999 out of 176 companies for Net-Net Working Capital. This places VAA-Vista Alegre Atlantis in the lower half of its industry. The industry median Net-Net Working Capital is 7.21. 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 Furnishings, Fixtures & Appliances company?
The median Net-Net Working Capital among Furnishings, Fixtures & Appliances companies is 7.21, based on 176 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 VAA-Vista Alegre Atlantis For the Furnishings, Fixtures & Appliances industry, the median Net-Net Working Capital is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VAA-Vista Alegre Atlantis's current Net-Net Working Capital is €-0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAA-Vista Alegre Atlantis stock overvalued right now?
Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis (XLIS:VAF) is currently considered Fairly Valued. The stock's GF Value™ is €1.08, compared to a current price of €1.07 — trading 0.9% below its estimated fair value. The current Net-Net Working Capital is €-0.73. VAA-Vista Alegre Atlantis' overall GF Score™ is 87/100 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 VAA-Vista Alegre Atlantis (XLIS:VAF), the current Net-Net Working Capital is €-0.73 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 VAA-Vista Alegre Atlantis (XLIS:VAF) Overvalued in 2026?
Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis stock appears to be undervalued.
The current stock price of €1.07 is trading 0.9% below its estimated GF Value™ of €1.08.
GuruFocus considers VAA-Vista Alegre Atlantis to be Fairly Valued.
Key valuation signals for XLIS:VAF:
Net-Net Working Capital: €-0.73
GF Value™: €1.08 vs. price of €1.07 (0.9% below fair value)
No single metric tells the full story. See the XLIS:VAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VAA-Vista Alegre Atlantis SA manufactures and distributes porcelain and ceramic items to wholesalers, retail shops, and direct customers in both the domestic and international markets. The company segments include Porcelain & other products, Stoneware, Crystal & Glass, and Earthenware. It derives maximum revenue from Stoneware. The company's geographical segments include Portugal, Spain, France, Germany, Italy, The Netherlands, Australia, the USA, the United Kingdom, Brazil, the Rest of Europe, and Other countries.
87GF Score
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