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Volcan Compania MineraAXMAD:XVOLB 48 Net-Net Working Capital is €-0.28 as of Mar. 2026. GuruFocus rates XMAD:XVOLB with a GF Score™ of 48/100 and a GF Value™ of €0.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,133 Metals & Mining companies, Volcan Compania MineraA ranks worse than 88261.17% 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.
Volcan Compania MineraA's Net-Net Working Capital for the quarter that ended in Mar. 2026 was €-0.28.
The industry rank for Volcan Compania MineraA's Net-Net Working Capital or its related term are showing as below:
XMAD:XVOLB's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 6.83 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Volcan Compania MineraA (XMAD:XVOLB) 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.
Volcan Compania MineraA Net-Net Working Capital Related Terms
Volcan Compania MineraA Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Volcan Compania MineraA'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.
Volcan Compania MineraA Net-Net Working Capital Chart
Volcan Compania MineraA Net-Net Working Capital Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Volcan Compania MineraA'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.
Volcan Compania MineraA Price-to-Net-Net-Working-Capital vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Volcan Compania MineraA's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Volcan Compania MineraA'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 €-0.28 mean?
Volcan Compania MineraA (XMAD:XVOLB) has a Net-Net Working Capital of €-0.28 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 Volcan Compania MineraA According to the industry distribution chart, Volcan Compania MineraA ranks #999999 out of 1133 companies in the Metals & Mining industry.
Is Volcan Compania MineraA's Net-Net Working Capital too high?
Volcan Compania MineraA's current Net-Net Working Capital is €-0.28. Based on the distribution chart, Volcan Compania MineraA ranks #999999 out of 1133 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Volcan Compania MineraA has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Volcan Compania MineraA's Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Volcan Compania MineraA ranks #999999 out of 1133 companies for Net-Net Working Capital. This places Volcan Compania MineraA in the lower half of its industry. The industry median Net-Net Working Capital is 6.83. 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 Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 6.83, based on 1,133 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 Volcan Compania MineraA For the Metals & Mining industry, the median Net-Net Working Capital is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volcan Compania MineraA's current Net-Net Working Capital is €-0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volcan Compania MineraA stock overvalued right now?
Based on GuruFocus' analysis, Volcan Compania MineraA (XMAD:XVOLB) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.08, compared to a current price of €0.23 — trading 187.5% above its estimated fair value. The current Net-Net Working Capital is €-0.28. Volcan Compania MineraA's overall GF Score™ is 48/100 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 Volcan Compania MineraA (XMAD:XVOLB), the current Net-Net Working Capital is €-0.28 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 Volcan Compania MineraA (XMAD:XVOLB) Overvalued in 2026?
Based on GuruFocus' analysis, Volcan Compania MineraA stock appears to be overvalued.
The current stock price of €0.23 is trading 187.5% above its estimated GF Value™ of €0.08.
GuruFocus considers Volcan Compania MineraA to be Significantly Overvalued.
Key valuation signals for XMAD:XVOLB:
Net-Net Working Capital: €-0.28
GF Value™: €0.08 vs. price of €0.23 (187.5% above fair value)
No single metric tells the full story. See the XMAD:XVOLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Volcan Compania Minera SAA is a Peruvian mining company. All of its operations are located in the central mountains of the Peruvian Andes, which include operating units such as Yauli, Chungar, Alpamarca, and Cerro de Pasco. These four operating units include a total of 10 mines, seven concentrator plants, and an oxide leaching plant. Zinc constitutes the contribution to consolidated revenue, and with silver, makes up the vast majority of sales. In addition to the zinc and silver business, the company also mines lead, copper, and gold.
48GF Score
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