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DCX System (NSE:DCXINDIA) Net-Net Working Capital : ₹66.79 (As of Mar. 2025)


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What is DCX System 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.

DCX System's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹66.79.

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

NSE:DCXINDIA's Price-to-Net-Net-Working-Capital is ranked better than
84.37% of 96 companies
in the Aerospace & Defense industry
Industry Median: 15.22 vs NSE:DCXINDIA: 4.41

DCX System Net-Net Working Capital Historical Data

The historical data trend for DCX System'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.

DCX System Net-Net Working Capital Chart

DCX System Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial -56.91 4.24 30.76 7.89 66.79

DCX System Quarterly Data
Mar20 Mar21 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.89 - 62.76 - 66.79

Competitive Comparison of DCX System's Net-Net Working Capital

For the Aerospace & Defense subindustry, DCX System'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.


DCX System's Price-to-Net-Net-Working-Capital Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, DCX System's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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DCX System Net-Net Working Capital Calculation

DCX System's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10043.81+0.75 * 1651.89+0.5 * 2889.68-5288.36
-0-0)/111.386
=66.79

DCX System's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10043.81+0.75 * 1651.89+0.5 * 2889.68-5288.36
-0-0)/111.386
=66.79

* 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.


DCX System  (NSE:DCXINDIA) 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.


DCX System Net-Net Working Capital Related Terms

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DCX System Business Description

Traded in Other Exchanges
Address
Aerospace SEZ Sector, Plot Numbers 29, 30 and 107, Hitech Defence and Aerospace Park, Kavadadasanahal Village, Devanahalli Taluk, Bengaluru Rural, KA, IND, 562110
DCX System Ltd is an Indian Defence and aerospace company that manufactures electronic sub-systems and cable harnesses. The company provides a spectrum of services to Aerospace, Land and naval Defence systems, Satellites, and Civil Aviation. The company's robust business structure is divided into three main segments: Manufacturing, System Integration, and Others.

DCX System Headlines

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