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Peugeot Invest (FRA:FFP) Net-Net Working Capital : €-115.93 (As of Dec. 2023)


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What is Peugeot Invest 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.

Peugeot Invest's Net-Net Working Capital for the quarter that ended in Dec. 2023 was €-115.93.

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

FRA:FFP's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.53
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Peugeot Invest Net-Net Working Capital Historical Data

The historical data trend for Peugeot Invest'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.

Peugeot Invest Net-Net Working Capital Chart

Peugeot Invest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.22 -97.16 -115.28 -103.06 -115.93

Peugeot Invest Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -115.28 -104.95 -103.06 -107.53 -115.93

Competitive Comparison of Peugeot Invest's Net-Net Working Capital

For the Asset Management subindustry, Peugeot Invest'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.


Peugeot Invest's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Peugeot Invest's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Peugeot Invest Net-Net Working Capital Calculation

Peugeot Invest's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(122.376+0+0.75 * 0+0.5 * 0-1934.256
-0-1063.7)/24.8046
=-115.93

Peugeot Invest's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(122.376+0+0.75 * 0+0.5 * 0-1934.256
-0-1063.7)/24.8046
=-115.93

* 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.


Peugeot Invest  (FRA:FFP) 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.


Peugeot Invest Net-Net Working Capital Related Terms

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Peugeot Invest (FRA:FFP) Business Description

Traded in Other Exchanges
Address
66 avenue Charles de Gaulle, Neuilly-sur-Seine, FRA, 92200
Peugeot Invest is an investment company. It holds interests in several industrial companies; however, PSA Peugot Citroen group is its main asset. The group invests in other opportunities for diversification purposes. Traditionally, the company seeks to be a long-term minority shareholder and invest in companies with similar characteristics. Portfolio companies tend to be family-owned and among the leading players in their industry. Other investments include private equity funds that FFP makes co-investments alongside. For companies within its portfolio, the company takes a seat on the board of directors or supervisory boards to take on an active role within the investee.

Peugeot Invest (FRA:FFP) Headlines

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