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Mish Designs (BOM:544015) Net-Net Working Capital : ₹20.62 (As of Sep. 2024)


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What is Mish Designs 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.

Mish Designs's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹20.62.

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

BOM:544015's Price-to-Net-Net-Working-Capital is ranked better than
52.54% of 335 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.1 vs BOM:544015: 4.63

Mish Designs Net-Net Working Capital Historical Data

The historical data trend for Mish Designs'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.

Mish Designs Net-Net Working Capital Chart

Mish Designs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-2.31 -5.43 -4.68 15.64

Mish Designs Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial -5.43 -4.68 - 15.64 20.62

Competitive Comparison of Mish Designs's Net-Net Working Capital

For the Apparel Manufacturing subindustry, Mish Designs'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.


Mish Designs's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mish Designs's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Mish Designs Net-Net Working Capital Calculation

Mish Designs'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)
=(8.15+0.75 * 31.498+0.5 * 79.588-27.783
-0-0)/2.800
=15.64

Mish Designs'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)
=(3.561+0.75 * 54.786+0.5 * 91.282-29.101
-0-0)/2.967
=20.62

* 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.


Mish Designs  (BOM:544015) 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.


Mish Designs Net-Net Working Capital Related Terms

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Mish Designs Business Description

Traded in Other Exchanges
N/A
Address
Hattibaug Love Lane, Gala No. 4, Gulati Industries, Mazgaon, Mumbai, MH, IND, 400010
Mish Designs Ltd is engaged in the process of fabrication of fabric into garments under the brand name MISH, CURVES BY MISH in India. It exports its product currently to the UAE under the brand name ZOEY. It offers a collection of over 1000 trending designs to cater to the diverse tastes of its customers. The company offers various products in the Women's wear segment such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers, and Palazzos.

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