Hugo Boss AG (XSWX:BOSS) Net-Net Working Capital: CHF-13.64 (As of Mar. 2026)


XSWX:BOSS Hugo Boss AG XSWX:BOSS
79 GF Score
Price CHF35.51
GF Value CHF37.44
! 4 Warning Signs
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What is Hugo Boss AG Net-Net Working Capital?

Hugo Boss AG XSWX:BOSS 79 Net-Net Working Capital is CHF-13.64 as of Mar. 2026. GuruFocus rates XSWX:BOSS with a GF Score™ of 79/100 and a GF Value™ of CHF37.44. The stock has 4 warning signs investors should review. Among 374 Manufacturing - Apparel & Accessories companies, Hugo Boss AG ranks worse than 267379.41% 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.

Hugo Boss AG's Net-Net Working Capital for the quarter that ended in Mar. 2026 was CHF-13.64.

The industry rank for Hugo Boss AG's Net-Net Working Capital or its related term are showing as below:

XSWX:BOSS's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.38
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Hugo Boss AG  (XSWX:BOSS) 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.


Hugo Boss AG Net-Net Working Capital Related Terms


Hugo Boss AG Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Hugo Boss AG'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.

Hugo Boss AG Net-Net Working Capital Chart

Hugo Boss AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.37 -16.33 -16.29 -17.43 -14.08

Hugo Boss AG 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 -17.68 -17.79 -16.75 -14.08 -13.64

XSWX:BOSS vs RL, LEVI, VFC: Net-Net Working Capital Comparison

For the Apparel Manufacturing subindustry, Hugo Boss AG'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.


Hugo Boss AG Price-to-Net-Net-Working-Capital vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hugo Boss AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Hugo Boss AG's Price-to-Net-Net-Working-Capital falls into.


XSWX:BOSS
79GF Score
Hugo Boss AG XSWX:BOSS
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Hugo Boss AG Net-Net Working Capital Calculation

Hugo Boss AG'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)
=(367.418+0.75 * 360.208+0.5 * 856.97-2018.838
-0-18.89)/69.016
=-14.08

Hugo Boss AG'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)
=(285.794+0.75 * 302.178+0.5 * 837.36-1872.227
-0-0)/69.016
=-13.64

* 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 CHF-13.64 mean?
Hugo Boss AG (XSWX:BOSS) has a Net-Net Working Capital of CHF-13.64 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 Hugo Boss AG According to the industry distribution chart, Hugo Boss AG ranks #999999 out of 374 companies in the Manufacturing - Apparel & Accessories industry.
Is Hugo Boss AG's Net-Net Working Capital too high?
Hugo Boss AG's current Net-Net Working Capital is CHF-13.64. Based on the distribution chart, Hugo Boss AG ranks #999999 out of 374 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Hugo Boss AG has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Hugo Boss AG's Net-Net Working Capital compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hugo Boss AG ranks #999999 out of 374 companies for Net-Net Working Capital. This places Hugo Boss AG in the lower half of its industry. The industry median Net-Net Working Capital is 5.38. 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 Manufacturing - Apparel & Accessories company?
The median Net-Net Working Capital among Manufacturing - Apparel & Accessories companies is 5.38, based on 374 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 Hugo Boss AG For the Manufacturing - Apparel & Accessories industry, the median Net-Net Working Capital is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hugo Boss AG's current Net-Net Working Capital is CHF-13.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hugo Boss AG stock overvalued right now?
Hugo Boss AG (XSWX:BOSS) has a current Net-Net Working Capital of CHF-13.64. The stock's GF Value™ is CHF37.44, compared to a current price of CHF35.51 — trading 5.2% below its estimated fair value. The current Net-Net Working Capital is CHF-13.64. Hugo Boss AG's overall GF Score™ is 79/100 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 Hugo Boss AG (XSWX:BOSS), the current Net-Net Working Capital is CHF-13.64 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 Hugo Boss AG (XSWX:BOSS) Overvalued in 2026?

Based on GuruFocus' analysis, Hugo Boss AG stock appears to be undervalued. The current stock price of CHF35.51 is trading 5.2% below its estimated GF Value™ of CHF37.44.

Key valuation signals for XSWX:BOSS:

  • Net-Net Working Capital: CHF-13.64
  • GF Value™: CHF37.44 vs. price of CHF35.51 (5.2% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Hugo Boss AG Business Description

Address Holy-Allee 3, Metzingen, BW, DEU, 72555
Hugo Boss is a German menswear brand operating in the premium segment under its two brands, Boss and Hugo. The brand was founded in 1924 and initially focused on uniforms. After World War II and the death of its eponymous founder, the company shifted its focus to men's suits. The company is globally present, with 61% of revenue generated in the European market, 24% in the Americas, 13% in the Asia-Pacific, and less than 3% from licenses. It generates over 50% of its sales through its own retail operations.
79GF 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.

CHF35.51
Price
CHF37.44
GF Value