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Namibia Asset Management (NAM:NAM) Net-Net Working Capital : R0.00 (As of . 20)


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What is Namibia Asset Management 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.

Namibia Asset Management's Net-Net Working Capital for the quarter that ended in . 20 was R0.00.

The industry rank for Namibia Asset Management's Net-Net Working Capital or its related term are showing as below:

NAM:NAM's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Namibia Asset Management Net-Net Working Capital Historical Data

The historical data trend for Namibia Asset Management'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.

Namibia Asset Management Net-Net Working Capital Chart

Namibia Asset Management Annual Data
Trend
Net-Net Working Capital

Namibia Asset Management Semi-Annual Data
Net-Net Working Capital

Competitive Comparison of Namibia Asset Management's Net-Net Working Capital

For the Asset Management subindustry, Namibia Asset Management'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.


Namibia Asset Management's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Namibia Asset Management's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Namibia Asset Management's Price-to-Net-Net-Working-Capital falls into.


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Namibia Asset Management Net-Net Working Capital Calculation

Namibia Asset Management's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Namibia Asset Management's Net-Net Working Capital (NNWC) per share for the quarter that ended in . 20 is calculated as

* 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.


Namibia Asset Management  (NAM:NAM) 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.


Namibia Asset Management Net-Net Working Capital Related Terms

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Namibia Asset Management Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
C/o DR AB May Street and Corner of Robert Mugabe Avenue, 1st Floor, Millennium House, Windhoek, NAM
Namibia Asset Management is a Namibia-based asset management company offering a range of segregated and pooled products with exposure to domestic, regional, and international equity, as well as fixed interest and listed property. It has various unit trust funds with different investment objectives such as Income, Income and Growth, and Long-term Growth, providing investors with various investment options. The company also manages institutional assets on behalf of its clients including pension and provident funds, medical aid schemes, and trusts. It is currently organized into one operating segment, asset management, and all of its operations are located in Namibia.

Namibia Asset Management Headlines

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