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T.A.C. Consumer PCL (BKK:TACC) Net-Net Working Capital : ฿0.62 (As of Mar. 2025)


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What is T.A.C. Consumer PCL 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.

T.A.C. Consumer PCL's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ฿0.62.

The industry rank for T.A.C. Consumer PCL's Net-Net Working Capital or its related term are showing as below:

BKK:TACC's Price-to-Net-Net-Working-Capital is ranked better than
63.41% of 41 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 10.26 vs BKK:TACC: 6.97

T.A.C. Consumer PCL Net-Net Working Capital Historical Data

The historical data trend for T.A.C. Consumer PCL'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.

T.A.C. Consumer PCL Net-Net Working Capital Chart

T.A.C. Consumer PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.80 0.81 0.69 0.54

T.A.C. Consumer PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.76 0.62 0.49 0.54 0.62

Competitive Comparison of T.A.C. Consumer PCL's Net-Net Working Capital

For the Beverages - Non-Alcoholic subindustry, T.A.C. Consumer PCL'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.


T.A.C. Consumer PCL's Price-to-Net-Net-Working-Capital Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, T.A.C. Consumer PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where T.A.C. Consumer PCL's Price-to-Net-Net-Working-Capital falls into.


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T.A.C. Consumer PCL Net-Net Working Capital Calculation

T.A.C. Consumer PCL's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(509.245+0.75 * 349.838+0.5 * 96.786-495.46
-0--0.184)/600.000
=0.54

T.A.C. Consumer PCL's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(519.65+0.75 * 369.208+0.5 * 124.33-489.17
-0--0.162)/600.000
=0.62

* 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.


T.A.C. Consumer PCL  (BKK:TACC) 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.


T.A.C. Consumer PCL Net-Net Working Capital Related Terms

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T.A.C. Consumer PCL Business Description

Traded in Other Exchanges
Address
Ramkhamhaeng Road, 9/231-233, 23rd Floor, UM Tower, Suanluang Subdistrict, Suanluang District, Bangkok, THA, 10250
T.A.C. Consumer PCL is engaged in providing, manufacturing, and distributing beverages and lifestyle products, especially tea and coffee, in both business-to-business (B2B) and consumer markets. Its product offerings include All Cafe, a tea premix powder; Zenya, a milky ice-tea; Na-Arun, a mil green tea; and fruit syrups of different flavours under the Triva brand, among others. The company has also expanded its beverage product line into the Cafe Business, introducing brands like Jungle Cafe Arabitia, Panthai Coffee, and several other cafe chains. Its reportable segments are the manufacture and distribution of beverage, which derives key revenue, and the distribution of dietary supplement and beauty product. A majority of the company's revenue is derived from the domestic market.

T.A.C. Consumer PCL Headlines

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