GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bob Evans Farms Inc (NAS:BOBE) » Definitions » Net-Net Working Capital

Bob Evans Farms (Bob Evans Farms) Net-Net Working Capital : $-10.28 (As of Oct. 2017)


View and export this data going back to 1984. Start your Free Trial

What is Bob Evans Farms 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.

Bob Evans Farms's Net-Net Working Capital for the quarter that ended in Oct. 2017 was $-10.28.

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

BOBE's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.49
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bob Evans Farms Net-Net Working Capital Historical Data

The historical data trend for Bob Evans Farms'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.

Bob Evans Farms Net-Net Working Capital Chart

Bob Evans Farms Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.88 -26.98 -25.67 -27.60 6.21

Bob Evans Farms Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 -26.97 -26.07 6.21 -9.38 -10.28

Competitive Comparison of Bob Evans Farms's Net-Net Working Capital

For the Packaged Foods subindustry, Bob Evans Farms'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.


Bob Evans Farms's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

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

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



Bob Evans Farms Net-Net Working Capital Calculation

Bob Evans Farms's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Apr. 2017 is calculated as

Net-Net Working Capital(A: Apr. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(210.886+0.75 * 28.071+0.5 * 17.21-117.596
-0-0)/19.796
=6.21

Bob Evans Farms's Net-Net Working Capital (NNWC) per share for the quarter that ended in Oct. 2017 is calculated as

Net-Net Working Capital(Q: Oct. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.438+0.75 * 41.782+0.5 * 29.709-252.907
-0-0)/19.975
=-10.28

* 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.


Bob Evans Farms  (NAS:BOBE) 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.


Bob Evans Farms Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Bob Evans Farms's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Bob Evans Farms (Bob Evans Farms) Business Description

Traded in Other Exchanges
N/A
Address
Bob Evans Farms Inc was incorporated in Delaware in 1985. It is producer and distributor of pork sausage product and complementary home-style refrigerated side dishes and frozen food items under the Bob Evans, Owens and Country Creek brand names. These food products are distributed to warehouses that distribute to retail stores throughout the United States. The Company currently produces food products in its five manufacturing facilities. It is subject to numerous federal, state and local laws affecting its businesses.
Executives
Eileen A Mallesch director 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Charles M Elson director 1401 61STG STREET S, STETSON UNIV COLLEGE OF LAW, ST PETERSBURG FL 33707
Larry S Mcwilliams director
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Kathy S Lane director C/O GILLETTE COMPANY, PRUDENTIAL TOWER BUILDING, BOSTON MA 02199
Douglas N Benham director
David W Head director 4311 SNEED ROAD, NASHVILLE TN 37215
Saed Mohseni director, officer: Chief Executive Officer 720 SW WASHINGTON STREET, SUITE 550, PORTLAND OR 97205
Drew T. Domecq officer: SVP - Chief Information Office 810 DSW DRIVE, COLUMBUS OH 43219
Paul S Williams director C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Kevin C Oneil officer: VP - Associate General Counsel 3776 S HIGH STREET, C/O BOB EVANS FARMS INC, COLUMBUS OH 43207
Steven A Davis director, officer: CEO/COB 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Michael J Gasser director 425 WINTER ROAD, DELAWARE OH 43015
Gordon Gee director 100 MISSION RIDGE, GOODLETTTSVILLE TN 37072
Paul F Desantis officer: CFO 25435 HARVARD RD, BEACHWOOD OH 44122-6201

Bob Evans Farms (Bob Evans Farms) Headlines

From GuruFocus

My 4 Favorite Stocks With Dividend Growth From Last Week

By Dividend Dividend 08-25-2013

Bob Evans Farms: Not The Ideal Investment

By Riddhi Kharkia Riddhi Kharkia 10-07-2014

Bob Evans Farms Is Down But Not Out

By jaggom jaggom 08-29-2014

Bob Evans Farms Makes for a Tasty Investment

By Mrinalini Chaudhuri Mrinalini Chaudhuri 01-21-2016

Bob Evans Farms Getting Bigger

By Mrinalini Chaudhuri Mrinalini Chaudhuri 04-28-2017

Insider Buys at 52-Week Lows

By Monica Wolfe Monica Wolfe 09-07-2014

Bob Evan Farms: Primed to Grow Further

By Mrinalini Chaudhuri Mrinalini Chaudhuri 03-15-2016

John Rogers Sells Position in CVS

By Samira Meskini Samira Meskini 12-13-2015

Bob Evans Farms: A Decent Pick in the Retail-Restaurants Industry

By Mrinalini Chaudhuri Mrinalini Chaudhuri 09-30-2015

Is Bob Evans a Good Long-Term Investment Opportunity?

By starskyinvestments starskyinvestments 09-23-2014