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Software Mansion S A (WAR:SWM) Net-Net Working Capital : zł3.23 (As of Mar. 2025)


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What is Software Mansion S A 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.

Software Mansion S A's Net-Net Working Capital for the quarter that ended in Mar. 2025 was zł3.23.

The industry rank for Software Mansion S A's Net-Net Working Capital or its related term are showing as below:

WAR:SWM's Price-to-Net-Net-Working-Capital is ranked worse than
66.46% of 1270 companies
in the Software industry
Industry Median: 8.71 vs WAR:SWM: 15.17

Software Mansion S A Net-Net Working Capital Historical Data

The historical data trend for Software Mansion S A'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.

Software Mansion S A Net-Net Working Capital Chart

Software Mansion S A Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
- 0.89 1.04 2.55

Software Mansion S A Quarterly Data
Dec21 Jun22 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 1.61 1.44 1.92 2.55 3.23

Competitive Comparison of Software Mansion S A's Net-Net Working Capital

For the Software - Infrastructure subindustry, Software Mansion S A'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.


Software Mansion S A's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Software Mansion S A's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Software Mansion S A's Price-to-Net-Net-Working-Capital falls into.


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Software Mansion S A Net-Net Working Capital Calculation

Software Mansion S A'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)
=(27.464+0.75 * 18.076+0.5 * 0.177-14.161
-0-0)/10.566
=2.55

Software Mansion S A'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)
=(40.461+0.75 * 14.649+0.5 * 0.202-17.38
-0-0)/10.566
=3.23

* 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.


Software Mansion S A  (WAR:SWM) 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.


Software Mansion S A Net-Net Working Capital Related Terms

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Software Mansion S A Business Description

Traded in Other Exchanges
N/A
Address
ul. Zab?ocie 43b, Krakow, POL, 30-701
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.

Software Mansion S A Headlines

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