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Unictron Technologies (TPE:6792) Net-Net Working Capital : NT$15.69 (As of Mar. 2025)


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What is Unictron Technologies 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.

Unictron Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2025 was NT$15.69.

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

TPE:6792's Price-to-Net-Net-Working-Capital is ranked better than
71.93% of 1204 companies
in the Hardware industry
Industry Median: 7.29 vs TPE:6792: 3.56

Unictron Technologies Net-Net Working Capital Historical Data

The historical data trend for Unictron Technologies'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.

Unictron Technologies Net-Net Working Capital Chart

Unictron Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial 5.24 18.69 15.80 18.36 18.83

Unictron Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 15.85 15.68 15.07 18.83 15.69

Competitive Comparison of Unictron Technologies's Net-Net Working Capital

For the Electronic Components subindustry, Unictron Technologies'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.


Unictron Technologies's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Unictron Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Unictron Technologies Net-Net Working Capital Calculation

Unictron Technologies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1009.637+0.75 * 263.555+0.5 * 266.859-458.11
-0-0)/46.875
=18.83

Unictron Technologies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(933.303+0.75 * 271.336+0.5 * 253.853-528.378
-0-0)/46.875
=15.69

* 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.


Unictron Technologies  (TPE:6792) 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.


Unictron Technologies Net-Net Working Capital Related Terms

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Unictron Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 41 Shuei-Keng, Guan-Si, Hsinchu, TWN, 30648
Unictron Technologies Corp is engaged in the manufacture and sale of electronic ceramic components, modules, and system products, and other electronic parts and components in Taiwan. The company offers products such as chip antennas, patch antennas, and custom-made antennas to piezoelectric ceramics, such as automobile parking sensor elements, ultrasonic transducer elements, weaving machine actuator elements, and touch panel sensor elements.

Unictron Technologies Headlines

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