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Jumbo Group (SGX:42R) Net-Net Working Capital : S$-0.02 (As of Sep. 2023)


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What is Jumbo Group 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.

Jumbo Group's Net-Net Working Capital for the quarter that ended in Sep. 2023 was S$-0.02.

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

SGX:42R's Price-to-Net-Net-Working-Capital is not ranked *
in the Restaurants industry.
Industry Median: 13.83
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jumbo Group Net-Net Working Capital Historical Data

The historical data trend for Jumbo Group'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.

Jumbo Group Net-Net Working Capital Chart

Jumbo Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.02 -0.04 -0.04 -0.02

Jumbo Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.04 -0.03 -0.04 -0.02 -0.02

Competitive Comparison of Jumbo Group's Net-Net Working Capital

For the Restaurants subindustry, Jumbo Group'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.


Jumbo Group's Price-to-Net-Net-Working-Capital Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jumbo Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Jumbo Group Net-Net Working Capital Calculation

Jumbo Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2023 is calculated as

Net-Net Working Capital(A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(59.267+0.75 * 2.762+0.5 * 2.924-71.723
-0-1.897)/641.205
=-0.02

Jumbo Group'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)
=(59.267+0.75 * 2.762+0.5 * 2.924-71.723
-0-1.897)/641.205
=-0.02

* 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.


Jumbo Group  (SGX:42R) 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.


Jumbo Group Net-Net Working Capital Related Terms

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Jumbo Group (SGX:42R) Business Description

Traded in Other Exchanges
N/A
Address
4 Kaki Bukit Avenue 1, No 03-08, Singapore, SGP, 417939
Jumbo Group Ltd is a Singapore-based company operating a seafood restaurant. It operates many outlets under the Jumbo Seafood, NG AH SIO Bak Kut Teh, Chui Huay Lim Teochew Cuisine, and Singapore Seafood Republic brands. The company also offers catering services and through retail outlet sources, it sells packaged Jumbo chili crab pastes, black pepper crab spice mixes, and Teochew style bak kut teh spice mixes. Its geographical area of operation includes Singapore, Taiwan, and China of which Singapore accounts for the majority of its revenue.

Jumbo Group (SGX:42R) Headlines

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