CubicFarm Systems (FRA:7CU) Net-Net Working Capital: €-0.61 (As of Sep. 2024)

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FRA:7CU CubicFarm Systems Corp FRA:7CU
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Price €0.05
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What is CubicFarm Systems Net-Net Working Capital?

CubicFarm Systems FRA:7CU 10 Net-Net Working Capital is €-0.61 as of Sep. 2024. GuruFocus rates FRA:7CU with a GF Score™ of 10/100.

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.

CubicFarm Systems's Net-Net Working Capital for the quarter that ended in Sep. 2024 was €-0.61.

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

FRA:7CU's Price-to-Net-Net-Working-Capital is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 7.115
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

CubicFarm Systems  (FRA:7CU) 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.


CubicFarm Systems Net-Net Working Capital Related Terms


CubicFarm Systems Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Net-Net Working Capital Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial 0.50 -0.02 0.52 -0.78 -0.85

CubicFarm Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.83 -0.85 -0.60 -0.59 -0.61

FRA:7CU vs LEVGQ, NKLAQ, UGRO: Net-Net Working Capital Comparison

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems'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.


CubicFarm Systems Price-to-Net-Net-Working-Capital vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


FRA:7CU
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CubicFarm Systems Corp FRA:7CU
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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CubicFarm Systems Net-Net Working Capital Calculation

CubicFarm Systems'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)
=(0.121+0.75 * 0.034+0.5 * 6.07-25.656
-0-0)/26.316
=-0.85

CubicFarm Systems'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)
=(0.013+0.75 * 0.1+0.5 * 6.112-27.365
-0-0)/39.490
=-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.

What does a Net-Net Working Capital of €-0.61 mean?
CubicFarm Systems (FRA:7CU) has a Net-Net Working Capital of €-0.61 as of Sep. 2024. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on CubicFarm Systems
Is CubicFarm Systems' Net-Net Working Capital too high?
CubicFarm Systems' current Net-Net Working Capital is €-0.61. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Net-Net Working Capital compare to LEVGQ and NKLAQ?
CubicFarm Systems' Net-Net Working Capital of €-0.61 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Net-Net Working Capital is 7.12. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Farm & Heavy Construction Machinery company?
The median Net-Net Working Capital among Farm & Heavy Construction Machinery companies is 7.12, based on 74 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on CubicFarm Systems For the Farm & Heavy Construction Machinery industry, the median Net-Net Working Capital is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubicFarm Systems's current Net-Net Working Capital is €-0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubicFarm Systems stock overvalued right now?
CubicFarm Systems (FRA:7CU) has a current Net-Net Working Capital of €-0.61. The current Net-Net Working Capital is €-0.61. CubicFarm Systems' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For CubicFarm Systems (FRA:7CU), the current Net-Net Working Capital is €-0.61 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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