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Professional Medical Expertise Co (SAU:9574) Net-Net Working Capital : ﷼-2.61 (As of Dec. 2022)


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What is Professional Medical Expertise Co 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.

Professional Medical Expertise Co's Net-Net Working Capital for the quarter that ended in Dec. 2022 was ﷼-2.61.

The industry rank for Professional Medical Expertise Co's Net-Net Working Capital or its related term are showing as below:

SAU:9574's Price-to-Net-Net-Working-Capital is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Professional Medical Expertise Co Net-Net Working Capital Historical Data

The historical data trend for Professional Medical Expertise Co'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.

Professional Medical Expertise Co Net-Net Working Capital Chart

Professional Medical Expertise Co Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
-2.61 -6.67

Professional Medical Expertise Co Quarterly Data
Dec22 Dec23
Net-Net Working Capital -2.61 -6.67

Competitive Comparison of Professional Medical Expertise Co's Net-Net Working Capital

For the Medical Devices subindustry, Professional Medical Expertise Co'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.


Professional Medical Expertise Co's Price-to-Net-Net-Working-Capital Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Professional Medical Expertise Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Professional Medical Expertise Co's Price-to-Net-Net-Working-Capital falls into.



Professional Medical Expertise Co Net-Net Working Capital Calculation

Professional Medical Expertise Co'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.952+0.75 * 134.543+0.5 * 113.871-182.146
-0-0)/3.5
=-6.67

Professional Medical Expertise Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2022 is calculated as

Net-Net Working Capital(Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.316+0.75 * 99.786+0.5 * 73.443-126.018
-0-0)/3.500
=-2.61

* 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.


Professional Medical Expertise Co  (SAU:9574) 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.


Professional Medical Expertise Co Net-Net Working Capital Related Terms

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Professional Medical Expertise Co (SAU:9574) Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434
Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

Professional Medical Expertise Co (SAU:9574) Headlines

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