GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Alumasc Group PLC (LSE:ALU) » Definitions » Net-Net Working Capital

Alumasc Group (LSE:ALU) Net-Net Working Capital : £-0.48 (As of Dec. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Alumasc 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.

Alumasc Group's Net-Net Working Capital for the quarter that ended in Dec. 2024 was £-0.48.

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

LSE:ALU's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.67
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Alumasc Group Net-Net Working Capital Historical Data

The historical data trend for Alumasc 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.

Alumasc Group Net-Net Working Capital Chart

Alumasc Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.53 -0.55 -0.49 -0.61

Alumasc Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.57 -0.49 -0.66 -0.61 -0.48

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

For the Building Products & Equipment subindustry, Alumasc 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.


Alumasc Group's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

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

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


;
;

Alumasc Group Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.41+0.75 * 18.438+0.5 * 13.153-48.875
-0-0)/35.953
=-0.61

Alumasc Group'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)
=(6.581+0.75 * 18.817+0.5 * 12.95-44.816
-0-0)/36.721
=-0.48

* 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.


Alumasc Group  (LSE:ALU) 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.


Alumasc Group Net-Net Working Capital Related Terms

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


Alumasc Group Business Description

Traded in Other Exchanges
Address
Station Road, Burton Latimer, Kettering, Northamptonshire, GBR, NN15 5JP
Alumasc Group PLC is a building product, system, and solution company. Its segment includes Water Management, Building Envelope and Housebuilding Products. The company operates in the UK, Europe, North America, the Middle East, the Far East, and the Rest of the World. It generates the majority of its revenue from the United Kingdom. The company generates the majority of its revenue from Water Management.

Alumasc Group Headlines

From GuruFocus

Alcatel-Lucent's Turnaround Plan Is Yielding Results

By csconsultants csconsultants 11-18-2014

Alcatel-Lucent Is a Turnaround Worth Buying

By Vinay Singh Vinay Singh 06-30-2014

Why You Should Still Believe in Alcatel-Lucent's Turnaround Story

By Riddhi Kharkia Riddhi Kharkia 09-03-2014

Alcatel-Lucent's Improving Operational Execution Will Help It Get Better

By starskyinvestments starskyinvestments 05-05-2015

Kyle Bass Buys Alcatel, Monster, Yahoo, Tellabs, Sells MGIC

By GuruFocus GuruFocus 05-15-2012

Top Picks in the Power Smart Sector

By aiseria aiseria 08-13-2015

Alcatel-Lucent's New Contract Wins Will Drive Its Growth

By MacroConsultants MacroConsultants 01-14-2015

Alcatel-Lucent: Strategic Moves Will Result in Growth

By RHPanalysts RHPanalysts 04-27-2015

This Telecom Equipment Maker Is Set to Get Better

By Rustic Nomad Rustic Nomad 06-06-2014

Can Alcatel-Lucent Sustain Its Turnaround in the Long Run?

By starskyinvestments starskyinvestments 11-06-2014