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The Bee Equity Partners (XMAU:FIDE.I0000) Net-Net Working Capital : MUR12.17 (As of Dec. 2023)


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What is The Bee Equity Partners 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.

The Bee Equity Partners's Net-Net Working Capital for the quarter that ended in Dec. 2023 was MUR12.17.

The industry rank for The Bee Equity Partners's Net-Net Working Capital or its related term are showing as below:

XMAU:FIDE.I0000's Price-to-Net-Net-Working-Capital is ranked better than
83.53% of 510 companies
in the Asset Management industry
Industry Median: 6.14 vs XMAU:FIDE.I0000: 1.17

The Bee Equity Partners Net-Net Working Capital Historical Data

The historical data trend for The Bee Equity Partners'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.

The Bee Equity Partners Net-Net Working Capital Chart

The Bee Equity Partners Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial 41.13 33.03 36.45 61.54 11.36

The Bee Equity Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 28.70 56.19 11.36 9.89 12.17

Competitive Comparison of The Bee Equity Partners's Net-Net Working Capital

For the Asset Management subindustry, The Bee Equity Partners'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.


The Bee Equity Partners's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

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

* The bar in red indicates where The Bee Equity Partners's Price-to-Net-Net-Working-Capital falls into.



The Bee Equity Partners Net-Net Working Capital Calculation

The Bee Equity Partners's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(113.883+0.75 * 0.206+0.5 * 0-13.829
-0-0)/8.82095
=11.36

The Bee Equity Partners'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(113.573+0.75 * 0.22+0.5 * 0-4.239
-0-0)/9.000
=12.17

* 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.


The Bee Equity Partners  (XMAU:FIDE.I0000) 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.


The Bee Equity Partners Net-Net Working Capital Related Terms

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The Bee Equity Partners (XMAU:FIDE.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Caudan Waterfront, 1st Floor, IBL House, Port Louis, MUS, 11307
The Bee Equity Partners Ltd is a Mauritius based investment company. It specializes in providing alternative forms of financing to Mauritian entrepreneurs. The investment objective of the company is to achieve risk-adjusted returns through income generation and capital appreciation, by managing a portfolio of investments spanning multiple industries and asset classes.

The Bee Equity Partners (XMAU:FIDE.I0000) Headlines

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