Mmcite AS (XPRA:MMCTE) Net-Net Working Capital: Kč-16.34 (As of Dec. 2025)

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XPRA:MMCTE Mmcite AS XPRA:MMCTE
37 GF Score
Price Kč170.00
GF Value Kč284.19
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Mmcite AS Net-Net Working Capital?

Mmcite AS XPRA:MMCTE +3.03% 37 Net-Net Working Capital is Kč-16.34 as of Dec. 2025. GuruFocus rates XPRA:MMCTE with a GF Score™ of 37/100 and a GF Value™ of Kč284.19 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 173 Furnishings, Fixtures & Appliances companies, Mmcite AS ranks worse than 578034.1% 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.

Mmcite AS's Net-Net Working Capital for the quarter that ended in Dec. 2025 was Kč-16.34.

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

XPRA:MMCTE's Price-to-Net-Net-Working-Capital is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 7.37
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mmcite AS  (XPRA:MMCTE) 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.


Mmcite AS Net-Net Working Capital Related Terms


Mmcite AS Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Mmcite AS'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.

Mmcite AS Net-Net Working Capital Chart

Mmcite AS Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-36.63 -36.78 -24.52 -16.34

Mmcite AS Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital -36.63 -36.78 -24.52 -16.34

XPRA:MMCTE vs SN, SGI, MHK: Net-Net Working Capital Comparison

For the Furnishings, Fixtures & Appliances subindustry, Mmcite AS'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.


Mmcite AS Price-to-Net-Net-Working-Capital vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mmcite AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


XPRA:MMCTE
37GF Score
Mmcite AS XPRA:MMCTE
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mmcite AS Net-Net Working Capital Calculation

Mmcite AS'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)
=(7.977+0.75 * 170.754+0.5 * 89.145-229.627
-0-0)/3.000
=-16.34

Mmcite AS's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.977+0.75 * 170.754+0.5 * 89.145-229.627
-0-0)/3.000
=-16.34

* 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 Kč-16.34 mean?
Mmcite AS (XPRA:MMCTE) has a Net-Net Working Capital of Kč-16.34 as of Dec. 2025. 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 Mmcite AS According to the industry distribution chart, Mmcite AS ranks #999999 out of 173 companies in the Furnishings, Fixtures & Appliances industry.
Is Mmcite AS's Net-Net Working Capital too high?
Mmcite AS's current Net-Net Working Capital is Kč-16.34. Based on the distribution chart, Mmcite AS ranks #999999 out of 173 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Mmcite AS has a GF Score™ of 37/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mmcite AS's Net-Net Working Capital compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Mmcite AS ranks #999999 out of 173 companies for Net-Net Working Capital. This places Mmcite AS in the lower half of its industry. The industry median Net-Net Working Capital is 7.37. 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 7.37, based on 173 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 Mmcite AS For the Furnishings, Fixtures & Appliances industry, the median Net-Net Working Capital is 7.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mmcite AS's current Net-Net Working Capital is Kč-16.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mmcite AS stock overvalued right now?
Based on GuruFocus' analysis, Mmcite AS (XPRA:MMCTE) is currently considered Significantly Undervalued. The stock's GF Value™ is Kč284.19, compared to a current price of Kč170.00 — trading 40.2% below its estimated fair value. The current Net-Net Working Capital is Kč-16.34. Mmcite AS's overall GF Score™ is 37/100 with 2 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 Mmcite AS (XPRA:MMCTE), the current Net-Net Working Capital is Kč-16.34 as of Dec. 2025. 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 Mmcite AS (XPRA:MMCTE) Overvalued in 2026?

Based on GuruFocus' analysis, Mmcite AS stock appears to be undervalued. The current stock price of Kč170.00 is trading 40.2% below its estimated GF Value™ of Kč284.19. GuruFocus considers Mmcite AS to be Significantly Undervalued.

Key valuation signals for XPRA:MMCTE:

  • Net-Net Working Capital: Kč-16.34
  • GF Value™: Kč284.19 vs. price of Kč170.00 (40.2% below fair value)
  • GF Score™: 37/100 with 2 warning signs

No single metric tells the full story. See the XPRA:MMCTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mmcite AS Business Description

Address Vinohradska 907, Maratice, Uherske Hradište, CZE, 686 05
Mmcite AS is a company that specializes in design and construction projects for public spaces. Their range of products and services includes the design and realization of both transportation terminals and street furniture, for example such as benches, litter bins, rails and cycle stands. Within the industry of street furniture, it is one of the first manufactures in the world to introduce products created by 3D concrete printing.
37GF Score

Get the complete analysis for XPRA:MMCTE

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

Kč170.00
Price
Kč284.19
GF Value