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UNIQA Insurance Group AG (WBO:UQA) Net-Net Working Capital : €-38.17 (As of Dec. 2023)


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What is UNIQA Insurance Group AG 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.

UNIQA Insurance Group AG's Net-Net Working Capital for the quarter that ended in Dec. 2023 was €-38.17.

The industry rank for UNIQA Insurance Group AG's Net-Net Working Capital or its related term are showing as below:

WBO:UQA's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 5.51
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

UNIQA Insurance Group AG Net-Net Working Capital Historical Data

The historical data trend for UNIQA Insurance Group AG'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.

UNIQA Insurance Group AG Net-Net Working Capital Chart

UNIQA Insurance Group AG 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 -21.22 -24.84 -25.30 -36.84 -38.17

UNIQA Insurance Group AG 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 -25.30 -29.52 -36.84 -38.69 -38.17

Competitive Comparison of UNIQA Insurance Group AG's Net-Net Working Capital

For the Insurance - Diversified subindustry, UNIQA Insurance Group AG'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.


UNIQA Insurance Group AG's Price-to-Net-Net-Working-Capital Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, UNIQA Insurance Group AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where UNIQA Insurance Group AG's Price-to-Net-Net-Working-Capital falls into.



UNIQA Insurance Group AG Net-Net Working Capital Calculation

UNIQA Insurance Group AG'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)
=(699.528+13024.182+0.75 * 0+0.5 * 0-25420.841
-0-19.916)/306.965
=-38.17

UNIQA Insurance Group AG'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)
=(699.528+13024.182+0.75 * 0+0.5 * 0-25420.841
-0-19.916)/306.965
=-38.17

* 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.


UNIQA Insurance Group AG  (WBO:UQA) 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.


UNIQA Insurance Group AG Net-Net Working Capital Related Terms

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UNIQA Insurance Group AG (WBO:UQA) Business Description

Traded in Other Exchanges
Address
Untere Donaustrasse 21, Vienna, AUT, A-1029
UNIQA Insurance Group AG is a diversified insurance company that operates as a direct insurer in two core markets: Austria and Central and Eastern Europe. The company operates a product portfolio that focuses primarily on life insurance, property and casualty insurance, followed by health insurance. Uniqa generates revenue through the premiums on these products. The company focuses on its position as a direct insurer as it attempts to expand the number of customers seeking coverage while aiming to gradually restructure low-margin portfolios that it manages.
Executives
Anna Maria D’hulster Supervisory Board
Dr. Andreas Brandstetter Board of Directors
Sabine Pfeffer Board of Directors
Jutta Kath Supervisory Board
Dr. Erik Leyers Board of Directors
Di René Knapp Board of Directors
Mag. Wolf Christoph Gerlach Board of Directors

UNIQA Insurance Group AG (WBO:UQA) Headlines

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