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ForeScout Technologies (ForeScout Technologies) Net-Net Working Capital : $-3.78 (As of Jun. 2020)


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What is ForeScout Technologies 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.

ForeScout Technologies's Net-Net Working Capital for the quarter that ended in Jun. 2020 was $-3.78.

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

FSCT's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

ForeScout Technologies Net-Net Working Capital Historical Data

The historical data trend for ForeScout Technologies'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.

ForeScout Technologies Net-Net Working Capital Chart

ForeScout Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net-Net Working Capital
Get a 7-Day Free Trial -8.76 -11.56 0.62 -1.98 -3.27

ForeScout Technologies Quarterly Data
Dec14 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -2.64 -3.14 -3.27 -3.69 -3.78

Competitive Comparison of ForeScout Technologies's Net-Net Working Capital

For the Software - Application subindustry, ForeScout Technologies'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.


ForeScout Technologies's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, ForeScout Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



ForeScout Technologies Net-Net Working Capital Calculation

ForeScout Technologies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2019 is calculated as

Net-Net Working Capital(A: Dec. 2019 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(98.211+0.75 * 84.168+0.5 * 0.372-318.682
-0-0)/48.064
=-3.27

ForeScout Technologies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2020 is calculated as

Net-Net Working Capital(Q: Jun. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(56.968+0.75 * 63.924+0.5 * 1.418-292.726
-0-0)/49.5533
=-3.78

* 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.


ForeScout Technologies  (NAS:FSCT) 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.


ForeScout Technologies Net-Net Working Capital Related Terms

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ForeScout Technologies (ForeScout Technologies) Business Description

Traded in Other Exchanges
N/A
Address
190 West Tasman Drive, San Jose, CA, USA, 95134
ForeScout Technologies Inc is a US-based company that provides an agentless approach to network security to address the growth of mobile computing, IoT (Internet of Things) and cloud computing. The company provides solutions that provide the ability to see devices, including non-traditional devices, and connects to the network and enforce policy-based control of these devices. The product line of the company includes CounterACT, Extended Modules, Enterprise Manager, IoT, and others. The majority of the company's revenue comes from the United States.
Executives
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Mark Edwin Jensen director 6303 SNOWBERRY LANE, NIWOT CO 80503
Ranzetta Theresia Gouw director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Darren J. Milliken officer: SVP, GC & Corp Compliance Ofcr 190 WEST TASMAN DRIVE, SAN JOSE CA 95134
Kathleen D. Mcelligott director MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
David G Dewalt director
Elizabeth Hackenson director C/O MCI, 22001 LOUDOUN COUNTY PARKWAY, AXBURN VA 20147
James A Beer director MCKESSON CORPORATION, ONE POST STREET, SAN FRANCISCO CA 94104
Gregory S. Clark director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Nicholas R Noviello officer: Chief Operating Officer 495 E JAVA DRIVE, SUNNYVALE CA 94089
Keith A. Meister director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Meritech Management Associates Ii L.l.c. 10 percent owner 245 LYTTON AVENUE, SUITE 350, PALO ALTO CA 94301
Meritech Capital Associates Ii L.l.c. 10 percent owner 245 LYTTON AVENUE, SUITE 125, PALO ALTO CA 94301
Meritech Capital Affiliates Ii Lp 10 percent owner 245 LYTTON AVENUE, SUITE 350, PALO ALTO CA 94301
James R Swartz 10 percent owner P O BOX 2816, PARK CIRY UT 84060

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