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INTJ (Intelligent Group) Net-Net Working Capital : $0.58 (As of May. 2024)


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What is Intelligent 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.

Intelligent Group's Net-Net Working Capital for the quarter that ended in May. 2024 was $0.58.

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

INTJ's Price-to-Net-Net-Working-Capital is ranked better than
87.59% of 411 companies
in the Business Services industry
Industry Median: 5.85 vs INTJ: 1.66

Intelligent Group Net-Net Working Capital Historical Data

The historical data trend for Intelligent 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.

Intelligent Group Net-Net Working Capital Chart

Intelligent Group Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Net-Net Working Capital
0.03 0.10 0.09 0.12

Intelligent Group Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Net-Net Working Capital Get a 7-Day Free Trial 0.08 0.09 0.11 0.12 0.58

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

For the Consulting Services subindustry, Intelligent 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.


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

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

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



Intelligent Group Net-Net Working Capital Calculation

Intelligent Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2023 is calculated as

Net-Net Working Capital(A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.24+0.75 * 0.694+0.5 * 0-2.182
-0-0)/13.125
=0.12

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

Net-Net Working Capital(Q: May. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.388+0.75 * 0.712+0.5 * 0-1.247
-0-0)/13.125
=0.58

* 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.


Intelligent Group  (NAS:INTJ) 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.


Intelligent Group Net-Net Working Capital Related Terms

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Intelligent Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Unit 2803, Level 28, Tower 1, Admiralty Centre, Admiralty, Hong Kong, HKG
Intelligent Group Ltd is a professional services provider in Hong Kong that principally engages in the provision of Financial PR services. The company provides a substantial number of holistic and comprehensive Financial PR services to its clients through IJL, its key operating entity in Hong Kong. It advises its clients on their communications and reputation management efforts. Its Financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.

Intelligent Group Headlines