GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » IWS Group Holdings Ltd (HKSE:06663) » Definitions » Net-Net Working Capital

IWS Group Holdings (HKSE:06663) Net-Net Working Capital : HK$0.04 (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is IWS Group Holdings 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.

IWS Group Holdings's Net-Net Working Capital for the quarter that ended in Sep. 2024 was HK$0.04.

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

HKSE:06663's Price-to-Net-Net-Working-Capital is ranked worse than
60.67% of 417 companies
in the Business Services industry
Industry Median: 5.84 vs HKSE:06663: 8.25

IWS Group Holdings Net-Net Working Capital Historical Data

The historical data trend for IWS Group Holdings'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.

IWS Group Holdings Net-Net Working Capital Chart

IWS Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial 0.08 0.15 0.19 0.18 0.09

IWS Group Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 0.16 0.18 0.12 0.09 0.04

Competitive Comparison of IWS Group Holdings's Net-Net Working Capital

For the Security & Protection Services subindustry, IWS Group Holdings'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.


IWS Group Holdings's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IWS Group Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

IWS Group Holdings Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(58.631+0.75 * 79.985+0.5 * 0-45.877
-0--0.002)/800.000
=0.09

IWS Group Holdings'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)
=(19.315+0.75 * 95.891+0.5 * 0-55.467
-0--0.061)/800.000
=0.04

* 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.


IWS Group Holdings  (HKSE:06663) 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.


IWS Group Holdings Net-Net Working Capital Related Terms

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


IWS Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 483A Castle Peak Road, 29/F, Excel Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
IWS Group Holdings Ltd is engaged in the provision of security services and facility management services in Hong Kong. It operates through two segments. The Security Services segment that derives the majority of revenue provides security service personnel mainly for general manned guarding, manpower support to the event and crisis security at railway stations and facilities, sea, land and railway immigration control points, public amenities, private commercial, residential and other properties. The Facility Management Services segment engages in the provision of property management services, car park management services, cleaning services, hotel management services, rental of car parks, and sub-leasing of car parks.
Executives
Iws Group Holdings Limited 2101 Beneficial owner
Cheng Pak Ching 2202 Interest of your spouse
Choi Lai Form 2202 Interest of your spouse
Chow Yick Tung 2202 Interest of your spouse
Ho Yin Nei 2202 Interest of your spouse
Ma Ah Muk 2401 A concert party to an agreement to buy shares
Ma Kiu Man Vince 2201 Interest of corporation controlled by you
Ma Kiu Mo 2201 Interest of corporation controlled by you
Ma Kiu Sang 2201 Interest of corporation controlled by you
Jian Qiao Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Wen Hua Zi Chan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Sen Ye Zi Chan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you

IWS Group Holdings Headlines

No Headlines