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Taisei Lamick Co (TSE:4994) Net-Net Working Capital : 円755.18 (As of Dec. 2023)


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What is Taisei Lamick Co 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.

Taisei Lamick Co's Net-Net Working Capital for the quarter that ended in Dec. 2023 was 円755.18.

The industry rank for Taisei Lamick Co's Net-Net Working Capital or its related term are showing as below:

TSE:4994's Price-to-Net-Net-Working-Capital is ranked better than
68.84% of 138 companies
in the Packaging & Containers industry
Industry Median: 5.675 vs TSE:4994: 3.73

Taisei Lamick Co Net-Net Working Capital Historical Data

The historical data trend for Taisei Lamick Co'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.

Taisei Lamick Co Net-Net Working Capital Chart

Taisei Lamick Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.09 320.31 452.28 536.28 792.21

Taisei Lamick Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 842.52 792.21 790.42 736.82 755.18

Competitive Comparison of Taisei Lamick Co's Net-Net Working Capital

For the Packaging & Containers subindustry, Taisei Lamick Co'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.


Taisei Lamick Co's Price-to-Net-Net-Working-Capital Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Taisei Lamick Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Taisei Lamick Co's Price-to-Net-Net-Working-Capital falls into.



Taisei Lamick Co Net-Net Working Capital Calculation

Taisei Lamick Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5740.978+0.75 * 6709.562+0.5 * 4700.282-7995.27
-0-0)/6.47308
=792.21

Taisei Lamick Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4876.921+0.75 * 7182.592+0.5 * 4162.331-7581.989
-0-0)/6.30714
=755.18

* 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.


Taisei Lamick Co  (TSE:4994) 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.


Taisei Lamick Co Net-Net Working Capital Related Terms

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Taisei Lamick Co (TSE:4994) Business Description

Traded in Other Exchanges
N/A
Address
873-1 Shimo-Ohsaki Shiraoka-machi, Minamisaitama-gun, Saitama, JPN, 349-0293
Taisei Lamick Co Ltd is a Japan-based company offering packaging materials and solutions. The company is mainly engaged in the manufacturing and sale of packaging products including plastic films, retort pouches and pouches with zippers for automatic filling with liquids and pastes. Taisei Lamick also produces and sells automated high-speed filling machines under the name DANGAN, and provides peripheral equipment, such as high-speed cutting machines and continuous cooling systems for packaging bags.

Taisei Lamick Co (TSE:4994) Headlines

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