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Pulsar Group (LSE:PULS) Net-Net Working Capital : £-0.32 (As of Nov. 2024)


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What is Pulsar 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.

Pulsar Group's Net-Net Working Capital for the quarter that ended in Nov. 2024 was £-0.32.

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

LSE:PULS's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 8.685
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Pulsar Group Net-Net Working Capital Historical Data

The historical data trend for Pulsar 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.

Pulsar Group Net-Net Working Capital Chart

Pulsar Group Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.15 -0.19 -0.27 -0.32

Pulsar Group Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 -0.19 -0.22 -0.27 -0.27 -0.32

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

For the Software - Application subindustry, Pulsar 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.


Pulsar Group's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Pulsar Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Pulsar Group Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Nov. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.001+0.75 * 4.831+0.5 * 0-45.717
-0-0)/127.699
=-0.32

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

Net-Net Working Capital(Q: Nov. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.001+0.75 * 4.831+0.5 * 0-45.717
-0-0)/127.699
=-0.32

* 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.


Pulsar Group  (LSE:PULS) 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.


Pulsar Group Net-Net Working Capital Related Terms

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Pulsar Group Business Description

Traded in Other Exchanges
N/A
Address
10 Bloomsbury Way, London, GBR, WC1A 2SL
Pulsar Group PLC is a technology-led company delivering SaaS products that address the fundamental business needs of customers in the marketing, communications, and media industries. Its portfolio includes Isentia which is the market's dominant media monitoring, intelligence, and insights solution provider; Pulsar, the audience intelligence and social listening platform; Vuelio, which provides monitoring, insight, engagement, and evaluation tools for politics, editorial, and social media in one place; and ResponseSource, the network that connects journalists and influencers to the PR and communications industry.

Pulsar Group Headlines

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