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Moonpig Group (CHIX:MOONL) Net-Net Working Capital : £-0.61 (As of Oct. 2024)


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What is Moonpig 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.

Moonpig Group's Net-Net Working Capital for the quarter that ended in Oct. 2024 was £-0.61.

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

CHIX:MOONl's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 5.63
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Moonpig Group Net-Net Working Capital Historical Data

The historical data trend for Moonpig 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.

Moonpig Group Net-Net Working Capital Chart

Moonpig Group Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net-Net Working Capital
Get a 7-Day Free Trial -0.22 -0.52 -0.40 -0.86 -0.70

Moonpig Group Semi-Annual Data
Apr18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 -0.95 -0.86 -0.79 -0.70 -0.61

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

For the Specialty Retail subindustry, Moonpig 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.


Moonpig Group's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Moonpig Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Moonpig Group Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Apr. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.644+0.75 * 1.326+0.5 * 7.094-254.696
-0-0)/343.310
=-0.70

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

Net-Net Working Capital(Q: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.407+0.75 * 1.425+0.5 * 8.664-229.886
-0-0)/344.904
=-0.61

* 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.


Moonpig Group  (CHIX:MOONl) 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.


Moonpig Group Net-Net Working Capital Related Terms

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Moonpig Group Business Description

Traded in Other Exchanges
Address
10 Back Hill, Herbal House, London, GBR, EC1R 5EN
Moonpig Group PLC operates in the gifting market. The company is an online greeting cards and gifting platform, comprising the Moonpig, Red Letter Days, and Buyagift brands in the UK and the Greetz brand in the Netherlands. Its products and services include a range of cards, a curated range of gifts, personalization features, and next-day delivery offerings. The company's operating segments are Moonpig which derives key revenue, Greetz, and Experiences. Geographically, the company generates maximum revenue from the United Kingdom and the rest from Netherlands, Ireland, the United States, and Australia.

Moonpig Group Headlines

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