ZNZNF (Zinzino Holding AB) Net-Net Working Capital: $0.08 (As of Mar. 2026)

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ZNZNF Zinzino Holding AB ZNZNF
93 GF Score
Price $14.25
GF Value $17.62
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Zinzino Holding AB Net-Net Working Capital?

Zinzino Holding AB ZNZNF 93 Net-Net Working Capital is $0.08 as of Mar. 2026. GuruFocus rates ZNZNF with a GF Score™ of 93/100 and a GF Value™ of $17.62 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 644 Consumer Packaged Goods companies, Zinzino Holding AB ranks worse than 97.05% 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.

Zinzino Holding AB's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.08.

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

ZNZNF's Price-to-Net-Net-Working-Capital is ranked worse than
97.05% of 644 companies
in the Consumer Packaged Goods industry
Industry Median: 6.76 vs ZNZNF: 178.13

Zinzino Holding AB  (OTCPK:ZNZNF) 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.


Zinzino Holding AB Net-Net Working Capital Related Terms


Zinzino Holding AB Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Zinzino Holding AB'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.

Zinzino Holding AB Net-Net Working Capital Chart

Zinzino Holding AB 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 -0.46 -0.68 -0.45 -0.51 -0.23

Zinzino Holding AB 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 -0.48 -0.67 -0.64 -0.23 0.08

ZNZNF vs KHC, GIS: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Zinzino Holding AB'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.


Zinzino Holding AB Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zinzino Holding AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


ZNZNF
93GF Score
Zinzino Holding AB ZNZNF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Zinzino Holding AB Net-Net Working Capital Calculation

Zinzino Holding AB'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)
=(82.807+0.75 * 1.602+0.5 * 40.67-112.479
-0-0.097)/36.320
=-0.23

Zinzino Holding AB'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)
=(95.436+0.75 * 10.713+0.5 * 44.4-122.378
-0-0.101)/38.635
=0.08

* 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 $0.08 mean?
Zinzino Holding AB (ZNZNF) has a Net-Net Working Capital of $0.08 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 Zinzino Holding AB According to the industry distribution chart, Zinzino Holding AB ranks #625 out of 644 companies in the Consumer Packaged Goods industry, placing it in the top 97%.
Is Zinzino Holding AB's Net-Net Working Capital too high?
Zinzino Holding AB's current Net-Net Working Capital is $0.08. The Consumer Packaged Goods industry median Net-Net Working Capital is 6.76. Zinzino Holding AB's value of $0.08 is 98.8% below this industry median. Based on the distribution chart, Zinzino Holding AB ranks #625 out of 644 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Zinzino Holding AB has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zinzino Holding AB's Net-Net Working Capital compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Zinzino Holding AB ranks #625 out of 644 companies for Net-Net Working Capital. This places Zinzino Holding AB in the lower half of its industry. The industry median Net-Net Working Capital is 6.76. Zinzino Holding AB's value of $0.08 is 98.8% 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 a Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.76, based on 644 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. Zinzino Holding AB's current Net-Net Working Capital of $0.08 is 98.8% 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 Zinzino Holding AB For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zinzino Holding AB's current Net-Net Working Capital is $0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zinzino Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Zinzino Holding AB (ZNZNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.62, compared to a current price of $14.25 — trading 19.1% below its estimated fair value. The current Net-Net Working Capital is $0.08 and 98.8% below the Consumer Packaged Goods industry median of 6.76. Zinzino Holding AB's overall GF Score™ is 93/100 with 1 warning sign 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 Zinzino Holding AB (ZNZNF), the current Net-Net Working Capital is $0.08 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 Zinzino Holding AB (ZNZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Zinzino Holding AB stock appears to be undervalued. The current stock price of $14.25 is trading 19.1% below its estimated GF Value™ of $17.62. GuruFocus considers Zinzino Holding AB to be Modestly Undervalued.

Key valuation signals for ZNZNF:

  • Net-Net Working Capital: $0.08
  • GF Value™: $17.62 vs. price of $14.25 (19.1% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 98.8% below the Consumer Packaged Goods median (#625 of 644)

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


Zinzino Holding AB Business Description

Other Exchanges ZZ B:Sweden9EE:Germany
Address Hulda Mellgrens Gata 5, Vastra Frolunda, Gothenburg, SWE, 421 32
Zinzino Holding AB is a direct sales company. The company offers products focusing on nutritional supplements, skincare, and lifestyle products. The company operates in two segments Zinzino and Faun. The majority of the revenue is generated from the Zinzino segment. The company's product areas include Immune and Brain, SkinCare, Weight Control, Beverages, and others. The company's geographical segments include Sweden, Hungary, Germany, Norway, Finland, Denmark, and other countries.
93GF Score

Get the complete analysis for ZNZNF

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

$14.25
Price
$17.62
GF Value