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Engineering Industries (CAI:ENGC) Net-Net Working Capital : E£-13.72 (As of Mar. 2025)


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What is Engineering 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.

Engineering Industries's Net-Net Working Capital for the quarter that ended in Mar. 2025 was E£-13.72.

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

CAI:ENGC's Price-to-Net-Net-Working-Capital is not ranked *
in the Building Materials industry.
Industry Median: 7.69
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Engineering Industries Net-Net Working Capital Historical Data

The historical data trend for Engineering 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.

Engineering Industries Net-Net Working Capital Chart

Engineering Industries Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
-15.11 -28.42

Engineering Industries Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -28.42 -38.53 -42.46 -48.20 -13.72

Competitive Comparison of Engineering Industries's Net-Net Working Capital

For the Building Materials subindustry, Engineering 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.


Engineering Industries's Price-to-Net-Net-Working-Capital Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Engineering Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Engineering Industries Net-Net Working Capital Calculation

Engineering Industries'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(167.724+0.75 * 0+0.5 * 0-4303.454
-0-0)/145.500
=-28.42

Engineering Industries'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)
=(209.872+0.75 * 1715.844+0.5 * 1606.834-3728.709
-0-566.975)/145.438
=-13.72

* 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.


Engineering Industries  (CAI:ENGC) 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.


Engineering Industries Net-Net Working Capital Related Terms

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Engineering Industries Business Description

Traded in Other Exchanges
N/A
Address
Wadi Houf, Icon Industrial Zone, Helwan, EGY
Engineering Industries manufactures steel-sheets and related products. It offers sandwich steel panels, caravans, guard rails, purlins, pre-fabricated units and corrugated sheets, galvanized tubes and pipes, and aluminum windows and doors. Some of the company projects include Dorra Contracting, Orascom, Talaat Mostafa, and others.