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Master Components (NSE:MASTER) Net-Net Working Capital : ₹19.92 (As of Mar. 2024)


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What is Master Components 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.

Master Components's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹19.92.

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

NSE:MASTER's Price-to-Net-Net-Working-Capital is ranked worse than
76.26% of 139 companies
in the Packaging & Containers industry
Industry Median: 6.08 vs NSE:MASTER: 16.57

Master Components Net-Net Working Capital Historical Data

The historical data trend for Master Components'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.

Master Components Net-Net Working Capital Chart

Master Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-5.87 -2.87 -0.62 -0.09 19.92

Master Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial -2.87 -0.62 1.31 -0.09 19.92

Competitive Comparison of Master Components's Net-Net Working Capital

For the Packaging & Containers subindustry, Master Components'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.


Master Components's Price-to-Net-Net-Working-Capital Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Master Components's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Master Components Net-Net Working Capital Calculation

Master Components's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(60.611+0.75 * 55.054+0.5 * 21.975-33.196
-0-0)/4.000
=19.92

Master Components's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(60.611+0.75 * 55.054+0.5 * 21.975-33.196
-0-0)/4.000
=19.92

* 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.


Master Components  (NSE:MASTER) 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.


Master Components Net-Net Working Capital Related Terms

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Master Components Business Description

Traded in Other Exchanges
N/A
Address
Plot No. D-10/A and D-10/B, M.I.D.C, Ambad, Nashik, MH, IND, 422010
Master Components Ltd is a company engaged in manufacturing plastic engineering components and subassemblies. The company's product is an industrial capital goods and it undergoes stringent quality tests to meet industry standards before delivering it to its clients. The company provides a list of services such as Thermoplastic Injection Moulding, Thermoset Injection Moulding, Thermoset transfer moulding, and Compression Moulding. The company's product categories include Electrical Components, Automotive Components, Electrical Components, Medical Components, Industrial Components.

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