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Tobin Properties AB (OSTO:TOBIN PREF.PFD) Net-Net Working Capital : kr0.00 (As of Mar. 2019)


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What is Tobin Properties AB 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.

Tobin Properties AB's Net-Net Working Capital for the quarter that ended in Mar. 2019 was kr0.00.

The industry rank for Tobin Properties AB's Net-Net Working Capital or its related term are showing as below:

OSTO:TOBIN PREF.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.32
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Tobin Properties AB Net-Net Working Capital Historical Data

The historical data trend for Tobin Properties AB'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.

Tobin Properties AB Net-Net Working Capital Chart

Tobin Properties AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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Tobin Properties AB Quarterly Data
Sep13 Dec13 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Tobin Properties AB's Net-Net Working Capital

For the Real Estate - Development subindustry, Tobin Properties AB'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.


Tobin Properties AB's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tobin Properties AB's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Tobin Properties AB's Price-to-Net-Net-Working-Capital falls into.


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Tobin Properties AB Net-Net Working Capital Calculation

Tobin Properties AB's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net-Net Working Capital(A: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(81.453+0.75 * 25.959+0.5 * 372.683-1064.818
-0-4.404)/0
=N/A

Tobin Properties AB's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2019 is calculated as

Net-Net Working Capital(Q: Mar. 2019 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(54.915+0.75 * 42.456+0.5 * 380.16-1109.87
-0-4.421)/0
=N/A

* 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.


Tobin Properties AB  (OSTO:TOBIN PREF.PFD) 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.


Tobin Properties AB Net-Net Working Capital Related Terms

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Tobin Properties AB Business Description

Traded in Other Exchanges
N/A
Address
Humlegardsgatan 19A, Stockholm, SWE, 114 46
Tobin Properties AB is a real estate development company. Its project portfolio comprises a total of about 1664 apartments with 109,400 square meters of floor space.

Tobin Properties AB Headlines

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