GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PPK Group Ltd (ASX:PPK) » Definitions » Net-Net Working Capital

PPK Group (ASX:PPK) Net-Net Working Capital : A$-0.27 (As of Dec. 2024)


View and export this data going back to 1994. Start your Free Trial

What is PPK Group 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.

PPK Group's Net-Net Working Capital for the quarter that ended in Dec. 2024 was A$-0.27.

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

ASX:PPK's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PPK Group Net-Net Working Capital Historical Data

The historical data trend for PPK Group'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.

PPK Group Net-Net Working Capital Chart

PPK Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.12 0.17 -0.13 -0.20

PPK Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.09 -0.13 -0.19 -0.20 -0.27

Competitive Comparison of PPK Group's Net-Net Working Capital

For the Electrical Equipment & Parts subindustry, PPK Group'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.


PPK Group's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PPK Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

PPK Group Net-Net Working Capital Calculation

PPK Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(30.348+0.75 * 4.45+0.5 * 7.518-28.927
-0-26.176)/89.962
=-0.20

PPK Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.48+0.75 * 7.954+0.5 * 9.209-36.243
-0-4.739)/90.812
=-0.27

* 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.


PPK Group  (ASX:PPK) 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.


PPK Group Net-Net Working Capital Related Terms

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


PPK Group Business Description

Traded in Other Exchanges
N/A
Address
120 Edward Street, Level 13, Suite 13B, Brisbane, QLD, AUS, 4000
PPK Group Ltd invests in publicly listed and privately held businesses, property ownership, and the manufacture of high-grade boron nitride nanotubes. The group invests capital and expertise in high-potential science and technology opportunities with a current focus on nanomaterials, artificial intelligence, and energy storage solutions. It operates in the technology Segment. It is also engaged in ballistic armor and dental products. The company generates the majority of its revenue from the Energy storage business.

PPK Group Headlines

No Headlines