Zedge (ZDGE) Net-Net Working Capital: $0.99 (As of Apr. 2026)

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ZDGE Zedge Inc ZDGE
78 GF Score
Price $2.93
GF Value $3.06
Valuation Fairly Valued
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What is Zedge Net-Net Working Capital?

Zedge ZDGE -0.34% 78 Net-Net Working Capital is $0.99 as of Apr. 2026. GuruFocus rates ZDGE with a GF Score™ of 78/100 and a GF Value™ of $3.06 (Fairly Valued). Among 296 Interactive Media companies, Zedge ranks better than 69.59% 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.

Zedge's Net-Net Working Capital for the quarter that ended in Apr. 2026 was $0.99.

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

ZDGE's Price-to-Net-Net-Working-Capital is ranked better than
69.59% of 296 companies
in the Interactive Media industry
Industry Median: 5.035 vs ZDGE: 2.96

Zedge  (AMEX:ZDGE) 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.


Zedge Net-Net Working Capital Related Terms


Zedge Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Zedge'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.

Zedge Net-Net Working Capital Chart

Zedge Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 0.59 0.86 1.06 0.85

Zedge Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.00 0.85 0.84 0.92 0.99

ZDGE vs AREN, MNY, SJ: Net-Net Working Capital Comparison

For the Internet Content & Information subindustry, Zedge'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.


Zedge Price-to-Net-Net-Working-Capital vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


ZDGE
78GF Score
Zedge Inc ZDGE
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zedge Net-Net Working Capital Calculation

Zedge's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2025 is calculated as

Net-Net Working Capital(A: Jul. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.609+0.75 * 3.164+0.5 * 0-9.753
-0-0)/13.217
=0.85

Zedge's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2026 is calculated as

Net-Net Working Capital(Q: Apr. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19.692+0.75 * 3.908+0.5 * 0-9.746
-0-0)/13.048
=0.99

* 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 $0.99 mean?
Zedge (ZDGE) has a Net-Net Working Capital of $0.99 as of Apr. 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 Zedge According to the industry distribution chart, Zedge ranks #90 out of 296 companies in the Interactive Media industry, placing it in the top 30.4%.
Is Zedge's Net-Net Working Capital too high?
Zedge's current Net-Net Working Capital is $0.99. The Interactive Media industry median Net-Net Working Capital is 5.04. Zedge's value of $0.99 is 80.3% below this industry median. Based on the distribution chart, Zedge ranks #90 out of 296 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Zedge has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zedge's Net-Net Working Capital compare to AREN and MNY?
According to the Interactive Media industry distribution chart, Zedge ranks #90 out of 296 companies for Net-Net Working Capital. This puts Zedge in the upper half of its industry. The industry median Net-Net Working Capital is 5.04. Zedge's value of $0.99 is 80.3% below this benchmark. 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 an Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 5.04, based on 296 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. Zedge's current Net-Net Working Capital of $0.99 is 80.3% below the industry median. 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 Zedge For the Interactive Media industry, the median Net-Net Working Capital is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zedge's current Net-Net Working Capital is $0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedge stock overvalued right now?
Based on GuruFocus' analysis, Zedge (ZDGE) is currently considered Fairly Valued. The stock's GF Value™ is $3.06, compared to a current price of $2.93 — trading 4.2% below its estimated fair value. The current Net-Net Working Capital is $0.99 and 80.3% below the Interactive Media industry median of 5.04. Zedge's overall GF Score™ is 78/100. 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 Zedge (ZDGE), the current Net-Net Working Capital is $0.99 as of Apr. 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 Zedge (ZDGE) Overvalued in 2026?

Based on GuruFocus' analysis, Zedge stock appears to be undervalued. The current stock price of $2.93 is trading 4.2% below its estimated GF Value™ of $3.06. GuruFocus considers Zedge to be Fairly Valued.

Key valuation signals for ZDGE:

  • Net-Net Working Capital: $0.99
  • GF Value™: $3.06 vs. price of $2.93 (4.2% below fair value)
  • GF Score™: 78/100
  • Industry Position: 80.3% below the Interactive Media median (#90 of 296)

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


Zedge Business Description

Other Exchanges 34Z:Germany
Address 1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc builds digital marketplaces and competitive games centered on content that people use for self-expression. Its products include the Zedge App, a freemium digital content marketplace offering mobile wallpapers, video wallpapers, ringtones, and notification sounds, along with pAInt, a generative AI wallpaper and ringtone maker, GuruShots, a skill-based photo challenge game, and Emojipedia, a trusted source for emoji information. The Zedge App is available on Google Play and the App Store. The company operates two segments: Zedge Marketplace and GuruShots, with the majority of revenue generated from the Zedge Marketplace.
78GF Score

Get the complete analysis for ZDGE

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

$2.93
Price
$3.06
GF Value