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NVEE (NV5 Global) Net-Net Working Capital : $-4.20 (As of Sep. 2024)


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What is NV5 Global 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.

NV5 Global's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-4.20.

The industry rank for NV5 Global's Net-Net Working Capital or its related term are showing as below:

NVEE's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

NV5 Global Net-Net Working Capital Historical Data

The historical data trend for NV5 Global'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.

NV5 Global Net-Net Working Capital Chart

NV5 Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.92 -5.94 -2.82 -1.51 -3.70

NV5 Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.32 -3.70 -4.26 -4.32 -4.20

Competitive Comparison of NV5 Global's Net-Net Working Capital

For the Engineering & Construction subindustry, NV5 Global'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.


NV5 Global's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, NV5 Global's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where NV5 Global's Price-to-Net-Net-Working-Capital falls into.



NV5 Global Net-Net Working Capital Calculation

NV5 Global'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)
=(44.824+0.75 * 152.593+0.5 * 0-394.797
-0-0)/63.581
=-3.70

NV5 Global's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(73.257+0.75 * 164.406+0.5 * 0-470.202
-0-0)/65.1559
=-4.20

* 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.


NV5 Global  (NAS:NVEE) 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.


NV5 Global Net-Net Working Capital Related Terms

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NV5 Global Business Description

Traded in Other Exchanges
N/A
Address
200 South Park Road, Suite 350, Hollywood, FL, USA, 33021
NV5 Global Inc is a provider of technology, conformity assessment, and consulting solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets, operating nationwide and abroad. The Company's clients include the U.S. Federal, state and local governments, and the private sector. The operating business segments are Infrastructure, Building, Technology & Sciences, and Geospatial Solutions. The maximum revenue derives from the infrastructure segment.
Executives
Tardan Francois director 200 SOUTH PARK RD., SUITE 350, HOLLYWOOD FL 33021
Edward H Codispoti officer: CFO 10255 SW 9TH TERRACE, MIAMI FL 33174
Richard Tong officer: Exec VP and General Counsel 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Maryjo O'brien officer: Ex VP, Chief Admin & Secretary 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
William D Pruitt director C/O KOS PHARMACEUTICALS, INC., 2200 N. COMMERCE PKWY., SUITE 300, WESTON FL 33326-3258
Donald C Alford director, officer: Executive VP 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106
Brian C. Freckmann director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Dickerson Wright director, 10 percent owner, officer: CEO and President 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106
Alexander A. Hockman officer: Executive VP 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Denise Dickins director 1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406
Michael John Renshaw director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Laurie Catherine Conner director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Gerald J. Salontai director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Michael P Rama officer: VP and CFO C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134
Jeffrey A. Liss director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021