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BBB Foods (BBB Foods) Net-Net Working Capital : $-5.48 (As of Mar. 2024)


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What is BBB Foods 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.

BBB Foods's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-5.48.

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

TBBB's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Defensive industry.
Industry Median: 6.49
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

BBB Foods Net-Net Working Capital Historical Data

The historical data trend for BBB Foods'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.

BBB Foods Net-Net Working Capital Chart

BBB Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
- -4.69 -6.65 -9.04

BBB Foods Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial -6.65 - -8.41 -9.04 -5.48

Competitive Comparison of BBB Foods's Net-Net Working Capital

For the Discount Stores subindustry, BBB Foods'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.


BBB Foods's Price-to-Net-Net-Working-Capital Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, BBB Foods's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



BBB Foods Net-Net Working Capital Calculation

BBB Foods'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)
=(70.415+0.75 * 0.649+0.5 * 138.886-1154.611
-0-0)/112.201
=-9.04

BBB Foods'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)
=(258.67+0.75 * 2.693+0.5 * 131.235-940.955
-0-0)/112.201
=-5.48

* 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.


BBB Foods  (NYSE:TBBB) 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.


BBB Foods Net-Net Working Capital Related Terms

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BBB Foods (BBB Foods) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Río Danubio 51, Col. Cuauhtemoc, Mexico, MEX, 06500
BBB Foods Inc is a company offering grocery hard discount model in Mexico. Also that operates through three subsidiaries namely Tiendas Tres B , Tiendas BBB and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment, and operation of individual stores and distribution centers for the sale of such products.

BBB Foods (BBB Foods) Headlines