DecideAct AS (OCSE:ACT) Net-Net Working Capital: kr-0.79 (As of Jun. 2024)

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OCSE:ACT DecideAct AS OCSE:ACT
8 GF Score
Price kr0.73
View Full Analysis

What is DecideAct AS Net-Net Working Capital?

DecideAct AS OCSE:ACT 8 Net-Net Working Capital is kr-0.79 as of Jun. 2024. GuruFocus rates OCSE:ACT with a GF Score™ of 8/100.

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.

DecideAct AS's Net-Net Working Capital for the quarter that ended in Jun. 2024 was kr-0.79.

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

OCSE:ACT's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.03
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

DecideAct AS  (OCSE:ACT) 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.


DecideAct AS Net-Net Working Capital Related Terms


DecideAct AS Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for DecideAct AS'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.

DecideAct AS Net-Net Working Capital Chart

DecideAct AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial - 0.78 -0.22 -0.97 -0.47

DecideAct AS Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net-Net Working Capital Get a 7-Day Free Trial -0.91 -0.97 -1.21 -0.47 -0.79

OCSE:ACT vs CRM, INTU, NOW: Net-Net Working Capital Comparison

For the Software - Application subindustry, DecideAct AS'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.


DecideAct AS Price-to-Net-Net-Working-Capital vs Software Industry

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

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


OCSE:ACT
8GF Score
DecideAct AS OCSE:ACT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DecideAct AS Net-Net Working Capital Calculation

DecideAct AS'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)
=(6.599261+0.75 * +0.5 * 0-16.175616
-0-0)/20.542579
=-0.47

DecideAct AS's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.378373+0.75 * +0.5 * 0-16.53374
-0-0)/20.542579
=-0.79

* 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.

What does a Net-Net Working Capital of kr-0.79 mean?
DecideAct AS (OCSE:ACT) has a Net-Net Working Capital of kr-0.79 as of Jun. 2024. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on DecideAct AS
Is DecideAct AS's Net-Net Working Capital too high?
DecideAct AS's current Net-Net Working Capital is kr-0.79. Overall, DecideAct AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does DecideAct AS's Net-Net Working Capital compare to CRM and INTU?
DecideAct AS's Net-Net Working Capital of kr-0.79 can be compared against companies in the Software industry. The industry median Net-Net Working Capital is 7.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Software company?
The median Net-Net Working Capital among Software companies is 7.03, based on 1,227 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on DecideAct AS For the Software industry, the median Net-Net Working Capital is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DecideAct AS's current Net-Net Working Capital is kr-0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DecideAct AS stock overvalued right now?
DecideAct AS (OCSE:ACT) has a current Net-Net Working Capital of kr-0.79. The current Net-Net Working Capital is kr-0.79. DecideAct AS's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For DecideAct AS (OCSE:ACT), the current Net-Net Working Capital is kr-0.79 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DecideAct AS Business Description

Address Ostre Kajgade 3, Nexo, DNK, 3730
DecideAct AS is a provider of SaaS software and solutions that moves manual execution and follow-up of strategies to a cloud-based idea Execution Management platform. Its software tool is relevant to all companies and organizations, public or private, in all industries, geographies, and functional roles. Its solutions offer Enterprise solution, Public Sector, ESG, andPrivate Equity Firms & Portfolio Companies, and Ohers.
8GF Score

Get the complete analysis for OCSE:ACT

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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