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Sports Toto Bhd (XKLS:1562) Net-Net Working Capital : RM-1.02 (As of Mar. 2024)


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What is Sports Toto Bhd 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.

Sports Toto Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2024 was RM-1.02.

The industry rank for Sports Toto Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:1562's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.81
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sports Toto Bhd Net-Net Working Capital Historical Data

The historical data trend for Sports Toto Bhd'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.

Sports Toto Bhd Net-Net Working Capital Chart

Sports Toto Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 -1.08 -1.02 -1.04 -1.24

Sports Toto Bhd Quarterly Data
Jan19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.98 -1.24 -1.04 -1.05 -1.02

Competitive Comparison of Sports Toto Bhd's Net-Net Working Capital

For the Gambling subindustry, Sports Toto Bhd'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.


Sports Toto Bhd's Price-to-Net-Net-Working-Capital Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sports Toto Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Sports Toto Bhd's Price-to-Net-Net-Working-Capital falls into.



Sports Toto Bhd Net-Net Working Capital Calculation

Sports Toto Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(632.827+0.75 * 283.896+0.5 * 652.067-2793.113
-0-70.925)/1366.96
=-1.24

Sports Toto Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(617.605+0.75 * 693.135+0.5 * 557.084-2715.837
-0-71.244)/1349.31
=-1.02

* 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.


Sports Toto Bhd  (XKLS:1562) 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.


Sports Toto Bhd Net-Net Working Capital Related Terms

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Sports Toto Bhd (XKLS:1562) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Imbi, Level 12 (East Wing), Berjaya Times Square, Kuala Lumpur, MYS, 55100
Sports Toto Bhd is a Malaysian company principally engaged in the operations of Toto betting. The company is also involved in other businesses which includes motor retailing, repair and maintenance, and provision of aftersales and insurance services. It is also involved in the operation of a hotel in the Philippines and luxury motor retailing in the United Kingdom, and Development, manufacturing and distribution of computerised wagering and voting systems and provision of software licences and support. Geographically, its presence can be seen in Malaysian, United Kingdom and other international markets of which United Kingdom accounts for a larger share of the revenue.

Sports Toto Bhd (XKLS:1562) Headlines

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