Limak Dogu Anadolu Cimento (IST:LMKDC) Net-Net Working Capital: ₺3.05 (As of Sep. 2025)

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IST:LMKDC Limak Dogu Anadolu Cimento IST:LMKDC
28 GF Score
Price ₺23.36
! 2 Warning Signs
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What is Limak Dogu Anadolu Cimento Net-Net Working Capital?

Limak Dogu Anadolu Cimento IST:LMKDC +3.27% 28 Net-Net Working Capital is ₺3.05 as of Sep. 2025. GuruFocus rates IST:LMKDC with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 103 Building Materials companies, Limak Dogu Anadolu Cimento ranks worse than 52.43% on this metric.

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.

Limak Dogu Anadolu Cimento's Net-Net Working Capital for the quarter that ended in Sep. 2025 was ₺3.05.

The industry rank for Limak Dogu Anadolu Cimento's Net-Net Working Capital or its related term are showing as below:

IST:LMKDC's Price-to-Net-Net-Working-Capital is ranked worse than
52.43% of 103 companies
in the Building Materials industry
Industry Median: 7.58 vs IST:LMKDC: 7.66

Limak Dogu Anadolu Cimento  (IST:LMKDC) 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.


Limak Dogu Anadolu Cimento Net-Net Working Capital Related Terms


Limak Dogu Anadolu Cimento Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Limak Dogu Anadolu Cimento'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.

Limak Dogu Anadolu Cimento Net-Net Working Capital Chart

Limak Dogu Anadolu Cimento Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
-0.16 -0.32 0.05 0.76 2.65

Limak Dogu Anadolu Cimento Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.18 2.65 2.90 2.26 3.05

IST:LMKDC vs CRH, VMC, MLM: Net-Net Working Capital Comparison

For the Building Materials subindustry, Limak Dogu Anadolu Cimento'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.


Limak Dogu Anadolu Cimento Price-to-Net-Net-Working-Capital vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Limak Dogu Anadolu Cimento's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Limak Dogu Anadolu Cimento's Price-to-Net-Net-Working-Capital falls into.


IST:LMKDC
28GF Score
Limak Dogu Anadolu Cimento IST:LMKDC
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Limak Dogu Anadolu Cimento Net-Net Working Capital Calculation

Limak Dogu Anadolu Cimento'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)
=(1276.296+0.75 * 953.078+0.5 * 532.251-890.265
-0-0)/516.180
=2.65

Limak Dogu Anadolu Cimento's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2025 is calculated as

Net-Net Working Capital(Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2099.936+0.75 * 1379.222+0.5 * 686.95-1901.522
-0-0)/516.180
=3.05

* 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 ₺3.05 mean?
Limak Dogu Anadolu Cimento (IST:LMKDC) has a Net-Net Working Capital of ₺3.05 as of Sep. 2025. 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 Limak Dogu Anadolu Cimento According to the industry distribution chart, Limak Dogu Anadolu Cimento ranks #54 out of 103 companies in the Building Materials industry, placing it in the top 52.4%.
Is Limak Dogu Anadolu Cimento's Net-Net Working Capital too high?
Limak Dogu Anadolu Cimento's current Net-Net Working Capital is ₺3.05. Based on the distribution chart, Limak Dogu Anadolu Cimento ranks #54 out of 103 companies in the Building Materials industry, which is below the industry midpoint. Overall, Limak Dogu Anadolu Cimento has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Limak Dogu Anadolu Cimento's Net-Net Working Capital compare to CRH and VMC?
According to the Building Materials industry distribution chart, Limak Dogu Anadolu Cimento ranks #54 out of 103 companies for Net-Net Working Capital. This places Limak Dogu Anadolu Cimento in the lower half of its industry. The industry median Net-Net Working Capital is 7.58. 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 Building Materials company?
The median Net-Net Working Capital among Building Materials companies is 7.58, based on 103 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 Limak Dogu Anadolu Cimento For the Building Materials industry, the median Net-Net Working Capital is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Limak Dogu Anadolu Cimento's current Net-Net Working Capital is ₺3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limak Dogu Anadolu Cimento stock overvalued right now?
Limak Dogu Anadolu Cimento (IST:LMKDC) has a current Net-Net Working Capital of ₺3.05. The current Net-Net Working Capital is ₺3.05. Limak Dogu Anadolu Cimento's overall GF Score™ is 28/100 with 2 warning signs to review. 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 Limak Dogu Anadolu Cimento (IST:LMKDC), the current Net-Net Working Capital is ₺3.05 as of Sep. 2025. 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.

Limak Dogu Anadolu Cimento Business Description

Address Bahcekapi Mah. Guvercinlik, Limak Ankara Cement Factory, Inside Etimesgut, Ankara, TUR
Limak Dogu Anadolu Cimento is a cement company operating n the cement sector. The main activity of the Company is clinker and cement production, marketing and sales in abroad.
28GF Score

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