GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Matica Fintec SpA (MIL:MFT) » Definitions » Net-Net Working Capital

Matica Fintec SpA (MIL:MFT) Net-Net Working Capital : €0.06 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Matica Fintec 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.

Matica Fintec SpA's Net-Net Working Capital for the quarter that ended in Jun. 2024 was €0.06.

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

MIL:MFT's Price-to-Net-Net-Working-Capital is ranked worse than
86.05% of 1204 companies
in the Hardware industry
Industry Median: 7.29 vs MIL:MFT: 27.58

Matica Fintec SpA Net-Net Working Capital Historical Data

The historical data trend for Matica Fintec 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.

Matica Fintec SpA Net-Net Working Capital Chart

Matica Fintec SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial -0.15 0.02 -0.06 0.05 -

Matica Fintec SpA Semi-Annual Data
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 -0.06 -0.08 0.05 0.06 -

Competitive Comparison of Matica Fintec SpA's Net-Net Working Capital

For the Computer Hardware subindustry, Matica Fintec 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.


Matica Fintec SpA's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Matica Fintec SpA's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Matica Fintec SpA's Price-to-Net-Net-Working-Capital falls into.


;
;

Matica Fintec SpA Net-Net Working Capital Calculation

Matica Fintec SpA's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.312+0.75 * 3.26+0.5 * 4.919-15.697
-0-0)/10.938
=0.05

Matica Fintec SpA's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.176+0.75 * 5.047+0.5 * 5.253-13.973
-0-0)/10.938
=0.06

* 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.


Matica Fintec SpA  (MIL:MFT) 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.


Matica Fintec SpA Net-Net Working Capital Related Terms

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


Matica Fintec SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Giuseppe Parini 2, Milan, ITA
Matica Fintec SpA designs, develops and sells technological solutions for Banking and Government Institutions. The company specializes in the design, development, and marketing of software and integrated security equipment for credit cards, identity cards, passports, driving licenses, access control badges, etc. Geographically, the company generates maximum revenue from its business in Europe and the rest from South America, Asia, the United States, Africa, United Arab Emirates, India, the Middle East, Italy, and other regions.

Matica Fintec SpA Headlines