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Rex Sealing and Packaging Industries (BOM:543744) Net-Net Working Capital : ₹10.64 (As of Sep. 2024)


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What is Rex Sealing and Packaging Industries 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.

Rex Sealing and Packaging Industries's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹10.64.

The industry rank for Rex Sealing and Packaging Industries's Net-Net Working Capital or its related term are showing as below:

BOM:543744's Price-to-Net-Net-Working-Capital is ranked worse than
81.22% of 410 companies
in the Business Services industry
Industry Median: 5.935 vs BOM:543744: 21.80

Rex Sealing and Packaging Industries Net-Net Working Capital Historical Data

The historical data trend for Rex Sealing and Packaging Industries'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.

Rex Sealing and Packaging Industries Net-Net Working Capital Chart

Rex Sealing and Packaging Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-2.31 -1.06 0.47 7.04 14.19

Rex Sealing and Packaging Industries Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial - 7.04 11.75 14.19 10.64

Competitive Comparison of Rex Sealing and Packaging Industries's Net-Net Working Capital

For the Specialty Business Services subindustry, Rex Sealing and Packaging Industries'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.


Rex Sealing and Packaging Industries's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rex Sealing and Packaging Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Rex Sealing and Packaging Industries's Price-to-Net-Net-Working-Capital falls into.



Rex Sealing and Packaging Industries Net-Net Working Capital Calculation

Rex Sealing and Packaging Industries's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.826+0.75 * 78.574+0.5 * 68.217-63.371
-0-0)/2.22
=14.19

Rex Sealing and Packaging Industries's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.886+0.75 * 90.928+0.5 * 72.234-82.574
-0-0)/2.22
=10.64

* 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.


Rex Sealing and Packaging Industries  (BOM:543744) 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.


Rex Sealing and Packaging Industries Net-Net Working Capital Related Terms

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Rex Sealing and Packaging Industries Business Description

Traded in Other Exchanges
N/A
Address
D K Road, A-207, 2nd Floor, Plot No.711 A, Byculla Services Industries, Ghodapdeo, Byculla (East), Mumbai, MH, IND, 400027
Rex Sealing and Packaging Industries Ltd is a manufacturer and exporter of sealing packing and insulation products including jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature resistant textiles, ceramic fiber products, and others.

Rex Sealing and Packaging Industries Headlines

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