GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TLG Immobilien AG (HAM:TLG) » Definitions » Net-Net Working Capital

TLG Immobilien AG (HAM:TLG) Net-Net Working Capital : €-16.95 (As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is TLG Immobilien AG 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.

TLG Immobilien AG's Net-Net Working Capital for the quarter that ended in Dec. 2024 was €-16.95.

The industry rank for TLG Immobilien AG's Net-Net Working Capital or its related term are showing as below:

HAM:TLG's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.46
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

TLG Immobilien AG Net-Net Working Capital Historical Data

The historical data trend for TLG Immobilien AG'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.

TLG Immobilien AG Net-Net Working Capital Chart

TLG Immobilien AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.08 -24.20 -22.31 -17.68 -16.95

TLG Immobilien AG Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.08 -24.20 -22.31 -17.68 -16.95

Competitive Comparison of TLG Immobilien AG's Net-Net Working Capital

For the Real Estate Services subindustry, TLG Immobilien AG'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.


TLG Immobilien AG's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TLG Immobilien AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where TLG Immobilien AG's Price-to-Net-Net-Working-Capital falls into.


;
;

TLG Immobilien AG Net-Net Working Capital Calculation

TLG Immobilien AG's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(264.367+0.75 * 18.842+0.5 * 0.018-1853.823
-0-4.598)/93.200
=-16.95

TLG Immobilien AG's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(264.367+0.75 * 18.842+0.5 * 0.018-1853.823
-0-4.598)/93.200
=-16.95

* 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.


TLG Immobilien AG  (HAM:TLG) 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.


TLG Immobilien AG Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of TLG Immobilien AG's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


TLG Immobilien AG Business Description

Traded in Other Exchanges
N/A
Address
Hausvogteiplatz 12, Berlin, BB, DEU, D-10117
TLG Immobilien AG is a commercial real estate company that focuses on the Berlin and eastern Germany regions of the Baltic coast and the Middle Germany core region. The company manages a portfolio of commercial properties mainly for office and retail uses. In addition, TLG Immobilien owns and operates several hotel properties that are located in Berlin, Dresden, Leipzig, and Rostock. The company provides property management, letting, sales, and purchases services. The majority of the group's revenue comes from rental and letting activities.

TLG Immobilien AG Headlines

No Headlines