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Aton Green Storage SpA (MIL:ATON) Net-Net Working Capital : €-1.88 (As of Dec. 2024)


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What is Aton Green Storage SpA 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.

Aton Green Storage SpA's Net-Net Working Capital for the quarter that ended in Dec. 2024 was €-1.88.

The industry rank for Aton Green Storage SpA's Net-Net Working Capital or its related term are showing as below:

MIL:ATON's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Aton Green Storage SpA Net-Net Working Capital Historical Data

The historical data trend for Aton Green Storage SpA'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.

Aton Green Storage SpA Net-Net Working Capital Chart

Aton Green Storage SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial -0.70 -0.16 -0.76 -2.10 -1.88

Aton Green Storage SpA Semi-Annual Data
Dec18 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 -0.76 -1.12 -2.10 -2.46 -1.88

Competitive Comparison of Aton Green Storage SpA's Net-Net Working Capital

For the Electrical Equipment & Parts subindustry, Aton Green Storage SpA'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.


Aton Green Storage SpA's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aton Green Storage SpA's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Aton Green Storage SpA's Price-to-Net-Net-Working-Capital falls into.


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Aton Green Storage SpA Net-Net Working Capital Calculation

Aton Green Storage SpA'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)
=(16.061+0.75 * 6.46+0.5 * 15.124-42.546
-0-0)/7.500
=-1.88

Aton Green Storage SpA'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)
=(16.061+0.75 * 6.46+0.5 * 15.124-42.546
-0-0)/7.500
=-1.88

* 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.


Aton Green Storage SpA  (MIL:ATON) 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.


Aton Green Storage SpA Net-Net Working Capital Related Terms

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Aton Green Storage SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Guido Rossa, 5, Spilamberto, Modena, ITA, 41057
Aton Green Storage SpA is an Italian company in the market for the engineering and production of storage systems for photovoltaic systems - Battery Energy Storage System. Its products include RA. Store-K, RA.Store-3, Zon.IS, G.Store, H.Store, Z.Store for new and existing plants; and Axis.T. for electric vehicle charging.

Aton Green Storage SpA Headlines

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