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Enser Communications (NSE:ENSER) Net-Net Working Capital : ₹-4.57 (As of Sep. 2023)


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What is Enser Communications 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.

Enser Communications's Net-Net Working Capital for the quarter that ended in Sep. 2023 was ₹-4.57.

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

NSE:ENSER's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.38
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Enser Communications Net-Net Working Capital Historical Data

The historical data trend for Enser Communications'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.

Enser Communications Net-Net Working Capital Chart

Enser Communications Annual Data
Trend Mar21 Mar22 Mar23
Net-Net Working Capital
-5.26 -5.40 -6.26

Enser Communications Quarterly Data
Mar21 Mar22 Mar23 Sep23
Net-Net Working Capital -5.26 -5.40 -6.26 -4.57

Competitive Comparison of Enser Communications's Net-Net Working Capital

For the Information Technology Services subindustry, Enser Communications'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.

Enser Communications's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Enser Communications's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


Enser Communications Net-Net Working Capital Calculation

Enser Communications's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.729+0.75 * 48.787+0.5 * 0-98.914
-0-0)/8.716
=-6.26

Enser Communications's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.97+0.75 * 69.089+0.5 * 0-114.602
-0-0)/8.71606
=-4.57

* 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.

Enser Communications  (NSE:ENSER) 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.

Enser Communications Net-Net Working Capital Related Terms

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Enser Communications (NSE:ENSER) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Enser Communications Ltd (NSE:ENSER) » Definitions » Net-Net Working Capital
Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot No 217, 1stFloor, Udyog, Vihar Phase 1, Sadar Bazar, Gurgaon, HR, IND, 122001
Website
https://www.enser.co.in
Enser Communications Ltd is in the business of the "Business Process Management Platform". BPM technology enabled platform that integrates with voice, chat, email, IVRS, and other social media engagements for customer acquisition as well as customer service strategies, specializing in Client Interaction Management. Business-Process Management is the act of outsourcing some aspect of your business operations to a third-party vendor or service provider. It provide following 4 services into our BPM business: Customer Acquisition Services, Customer Services, IT Infrastructure Management Services, Data Management Services.

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