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Sanki Service (TSE:6044) Net-Net Working Capital : 円158.61 (As of Nov. 2024)


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What is Sanki Service 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.

Sanki Service's Net-Net Working Capital for the quarter that ended in Nov. 2024 was 円158.61.

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

TSE:6044's Price-to-Net-Net-Working-Capital is ranked worse than
56.81% of 426 companies
in the Business Services industry
Industry Median: 5.715 vs TSE:6044: 6.97

Sanki Service Net-Net Working Capital Historical Data

The historical data trend for Sanki Service'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.

Sanki Service Net-Net Working Capital Chart

Sanki Service Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.23 194.27 187.96 94.88 162.71

Sanki Service Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 156.75 160.18 147.36 162.71 158.61

Competitive Comparison of Sanki Service's Net-Net Working Capital

For the Specialty Business Services subindustry, Sanki Service'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.


Sanki Service's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sanki Service's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Sanki Service Net-Net Working Capital Calculation

Sanki Service's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2024 is calculated as

Net-Net Working Capital(A: May. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2073.888+0.75 * 4401.923+0.5 * 139.528-4398.403
-0-0)/6.433
=162.71

Sanki Service's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2024 is calculated as

Net-Net Working Capital(Q: Nov. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1751.087+0.75 * 4817.349+0.5 * 212.891-4448.151
-0-0)/6.446
=158.61

* 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.


Sanki Service  (TSE:6044) 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.


Sanki Service Net-Net Working Capital Related Terms

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Sanki Service Business Description

Traded in Other Exchanges
N/A
Address
576 Address Himeji, Hyogo Prefecture, Japan, JPN, 670-0944 1
Sanki Service Corp provides maintenance services. It operates call centers that provides maintenance services; and provides preventive maintenance services for building equipment, such as air conditioners, electricity systems, kitchen and fire equipment, water supply and sanitation equipment. Geographically it operates through the region of Japan.

Sanki Service Headlines

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