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PT Pelita Teknologi Global Tbk (ISX:CHIP) Net-Net Working Capital : Rp-2.06 (As of Dec. 2024)


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What is PT Pelita Teknologi Global Tbk 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.

PT Pelita Teknologi Global Tbk's Net-Net Working Capital for the quarter that ended in Dec. 2024 was Rp-2.06.

The industry rank for PT Pelita Teknologi Global Tbk's Net-Net Working Capital or its related term are showing as below:

ISX:CHIP's Price-to-Net-Net-Working-Capital is not ranked *
in the Telecommunication Services industry.
Industry Median: 10.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PT Pelita Teknologi Global Tbk Net-Net Working Capital Historical Data

The historical data trend for PT Pelita Teknologi Global Tbk'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.

PT Pelita Teknologi Global Tbk Net-Net Working Capital Chart

PT Pelita Teknologi Global Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
-1.43 -20.65 -33.63 6.46 -2.06

PT Pelita Teknologi Global Tbk Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net-Net Working Capital Get a 7-Day Free Trial -33.63 7.03 6.46 7.73 -2.06

Competitive Comparison of PT Pelita Teknologi Global Tbk's Net-Net Working Capital

For the Telecom Services subindustry, PT Pelita Teknologi Global Tbk'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.


PT Pelita Teknologi Global Tbk's Price-to-Net-Net-Working-Capital Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Pelita Teknologi Global Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PT Pelita Teknologi Global Tbk's Price-to-Net-Net-Working-Capital falls into.


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PT Pelita Teknologi Global Tbk Net-Net Working Capital Calculation

PT Pelita Teknologi Global Tbk'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)
=(17824.757+0.75 * 17610.986+0.5 * 42438.097-53910.626
-0-0)/806.000
=-2.06

PT Pelita Teknologi Global Tbk'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)
=(17824.757+0.75 * 17610.986+0.5 * 42438.097-53910.626
-0-0)/806.000
=-2.06

* 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.


PT Pelita Teknologi Global Tbk  (ISX:CHIP) 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.


PT Pelita Teknologi Global Tbk Net-Net Working Capital Related Terms

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PT Pelita Teknologi Global Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Gatot Subroto KM 5, No 66, Kroncong, Jatiuwung, Tangerang, Tangerang, IDN, 15134
PT Pelita Teknologi Global Tbk is engaged in consulting, IT design, and the smart card industry, where the company manufactures and programs SIM Card Operating Systems, Produces Scratch cards for prepaid reloads and others. The company consists of two business activities namely Connectivity Solution which offers products such as SIM (Subscriber Identity Module) Card. IT Business Line and Application which offers programming services, such as Solutions covering end-to-end applications which includes software program development, program customization and others. It has four operating segments Operating System & SIM card, Scratch Card, Fulfillment, and Application in which it generates key revenue from Operating Systems & SIM cards.

PT Pelita Teknologi Global Tbk Headlines

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