Fiducial Office Solutions (LUX:SACIL) Net-Net Working Capital: €-10.46 (As of Sep. 2022)

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LUX:SACIL Fiducial Office Solutions LUX:SACIL
4 GF Score
Price €26.80
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What is Fiducial Office Solutions Net-Net Working Capital?

Fiducial Office Solutions LUX:SACIL 4 Net-Net Working Capital is €-10.46 as of Sep. 2022. GuruFocus rates LUX:SACIL with a GF Score™ of 4/100.

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.

Fiducial Office Solutions's Net-Net Working Capital for the quarter that ended in Sep. 2022 was €-10.46.

The industry rank for Fiducial Office Solutions's Net-Net Working Capital or its related term are showing as below:

LUX:SACIL's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7.725
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Fiducial Office Solutions  (LUX:SACIL) 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.


Fiducial Office Solutions Net-Net Working Capital Related Terms


Fiducial Office Solutions Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Fiducial Office Solutions'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.

Fiducial Office Solutions Net-Net Working Capital Chart

Fiducial Office Solutions Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.33 -10.43 -10.52 -14.31 -10.46

Fiducial Office Solutions Semi-Annual Data
Sep12 Mar13 Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 -10.52 -2.53 -14.31 -4.87 -10.46

LUX:SACIL vs HNI, SCS: Net-Net Working Capital Comparison

For the Business Equipment & Supplies subindustry, Fiducial Office Solutions'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.


Fiducial Office Solutions Price-to-Net-Net-Working-Capital vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fiducial Office Solutions's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Fiducial Office Solutions's Price-to-Net-Net-Working-Capital falls into.


LUX:SACIL
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Fiducial Office Solutions LUX:SACIL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiducial Office Solutions Net-Net Working Capital Calculation

Fiducial Office Solutions's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2022 is calculated as

Net-Net Working Capital(A: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.036+0.75 * 46.125+0.5 * 18.966-67.809
-0-0)/2.169
=-10.46

Fiducial Office Solutions's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.036+0.75 * 46.125+0.5 * 18.966-67.809
-0-0)/2.169
=-10.46

* 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 €-10.46 mean?
Fiducial Office Solutions (LUX:SACIL) has a Net-Net Working Capital of €-10.46 as of Sep. 2022. 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 Fiducial Office Solutions
Is Fiducial Office Solutions' Net-Net Working Capital too high?
Fiducial Office Solutions' current Net-Net Working Capital is €-10.46. Overall, Fiducial Office Solutions has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fiducial Office Solutions' Net-Net Working Capital compare to HNI and SCS?
Fiducial Office Solutions' Net-Net Working Capital of €-10.46 can be compared against companies in the Industrial Products industry. The industry median Net-Net Working Capital is 7.73. 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 an Industrial Products company?
The median Net-Net Working Capital among Industrial Products companies is 7.73, based on 1,362 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 Fiducial Office Solutions For the Industrial Products industry, the median Net-Net Working Capital is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiducial Office Solutions's current Net-Net Working Capital is €-10.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiducial Office Solutions stock overvalued right now?
Fiducial Office Solutions (LUX:SACIL) has a current Net-Net Working Capital of €-10.46. The current Net-Net Working Capital is €-10.46. Fiducial Office Solutions' overall GF Score™ is 4/100. 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 Fiducial Office Solutions (LUX:SACIL), the current Net-Net Working Capital is €-10.46 as of Sep. 2022. 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.

Fiducial Office Solutions Business Description

Address 41 rue du Capitaine Guynemer, Courbevoie, FRA, 92400
Fiducial Office Solutions is engaged in the distribution of office supplies and furniture for businesses. The company also designs and prints personalized documents.
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Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.80
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