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Mantech International (Mantech International) Net-Net Working Capital : $-15.20 (As of Jun. 2022)


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What is Mantech International Net-Net Working Capital?

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.

Mantech International's Net-Net Working Capital for the quarter that ended in Jun. 2022 was $-15.20.

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

MANT's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.375
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mantech International Net-Net Working Capital Historical Data

The historical data trend for Mantech International'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.

* Premium members only.

Mantech International Net-Net Working Capital Chart

Mantech International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.48 -4.30 -9.34 -8.85 -15.52

Mantech International Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -7.90 -6.07 -15.52 -15.02 -15.20

Competitive Comparison of Mantech International's Net-Net Working Capital

For the Software - Application subindustry, Mantech International'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.


Mantech International's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Mantech International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Mantech International Net-Net Working Capital Calculation

Mantech International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(53.374+0.75 * 370.115+0.5 * 0-964.145
-0-0)/40.7956
=-15.52

Mantech International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2022 is calculated as

Net-Net Working Capital(Q: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(46.751+0.75 * 364.278+0.5 * 0-942.687
-0-0)/40.9672
=-15.20

* 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.


Mantech International  (NAS:MANT) 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.


Mantech International Net-Net Working Capital Related Terms

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Mantech International (Mantech International) Business Description

Traded in Other Exchanges
N/A
Address
2251 Corporate Park Drive, Herndon, VA, USA, 20171
Mantech International Corp provides mission-focused technology solutions and services for U.S. defense, the intelligence community, and federal civilian agencies. The company provides full-spectrum cyber, encompassing defense, resilience, offense, analytics, and compliance. It offers professional and technical solutions, and support services; command-and-control infrastructure, intelligence, surveillance and reconnaissance platforms and sensors, and data services; and vulnerability assessment, insider threat protection, exposure analysis, secrecy architecture design, security policy development and implementation, lifecycle acquisition program security, anti-tamper, export compliance support, foreign disclosure, system security engineering, security awareness and training.
Executives
Jennifer A. Warren 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Gst 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Nonexempt 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
George J Pedersen 10 percent owner 9 WEST 57TH STREET, SUITE 4170, NEW YORK NY 10019
Kevin M Phillips officer: Vice President - CFO 12105 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard J Kerr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard L Armitage director 12015 LEE JACKSON HIGHWAY, FAIRFAX VA 22033
Bonnie Cook officer: EVP Business Operations 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Richard John Wagner officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
Judith L Bjornaas officer: SVP & Deputy CFO 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Peter B Lamontagne director 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Matthew A Tait officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Fatzinger Walter R Jr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Daniel J Keefe officer: Business Group President MANTECH INTERNATIONAL CORPORATION 12015 LEE JACKSON MEMORIAL HWY. FAIRFAX VA 22033