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NCXX Group (TSE:6634) Net-Net Working Capital : 円8.28 (As of Nov. 2024)


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What is NCXX 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.

NCXX Group's Net-Net Working Capital for the quarter that ended in Nov. 2024 was 円8.28.

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

TSE:6634's Price-to-Net-Net-Working-Capital is ranked worse than
80.53% of 1140 companies
in the Hardware industry
Industry Median: 7.23 vs TSE:6634: 18.96

NCXX Group Net-Net Working Capital Historical Data

The historical data trend for NCXX 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.

NCXX Group Net-Net Working Capital Chart

NCXX Group Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -187.44 -147.42 26.21 28.18 8.28

NCXX Group 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 29.94 28.18 25.60 27.12 8.28

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

For the Communication Equipment subindustry, NCXX 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.


NCXX Group's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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


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NCXX Group Net-Net Working Capital Calculation

NCXX Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2024 is calculated as

Net-Net Working Capital(A: Nov. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1148.81+0.75 * 643.242+0.5 * 586.5-1609.765
-0-0.359)/37.988
=8.28

NCXX Group'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)
=(1148.81+0.75 * 643.242+0.5 * 586.5-1609.765
-0-0.359)/37.988
=8.28

* 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.


NCXX Group  (TSE:6634) 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.


NCXX Group Net-Net Working Capital Related Terms

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NCXX Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-32-1 Kunuginome, Iwate Prefecture, Hanamaki, JPN, 025-0323
NCXX Group Inc is engaged in the planning, development, and sales of rehabilitation robots, agricultural ICT, and associated or related projects. The company also focuses on management strategy formulation and management of group companies.

NCXX Group Headlines

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