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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Net-Net Working Capital : €-3.09 (As of Dec. 2023)


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What is Olimpo Real Estate Portugal SIGI 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.

Olimpo Real Estate Portugal SIGI's Net-Net Working Capital for the quarter that ended in Dec. 2023 was €-3.09.

The industry rank for Olimpo Real Estate Portugal SIGI's Net-Net Working Capital or its related term are showing as below:

XLIS:MLORE's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 15.04
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Olimpo Real Estate Portugal SIGI Net-Net Working Capital Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI Net-Net Working Capital Chart

Olimpo Real Estate Portugal SIGI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
3.93 0.75 -0.64 -2.96 -3.09

Olimpo Real Estate Portugal SIGI Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial -0.64 -0.75 -2.96 -3.20 -3.09

Competitive Comparison of Olimpo Real Estate Portugal SIGI's Net-Net Working Capital

For the REIT - Diversified subindustry, Olimpo Real Estate Portugal SIGI'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.


Olimpo Real Estate Portugal SIGI's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Olimpo Real Estate Portugal SIGI's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Olimpo Real Estate Portugal SIGI's Price-to-Net-Net-Working-Capital falls into.



Olimpo Real Estate Portugal SIGI Net-Net Working Capital Calculation

Olimpo Real Estate Portugal SIGI's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.543+0.75 * 0.094+0.5 * 0-41.41
-0-0)/12.55
=-3.09

Olimpo Real Estate Portugal SIGI'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)
=(2.543+0.75 * 0.094+0.5 * 0-41.41
-0-0)/12.55
=-3.09

* 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.


Olimpo Real Estate Portugal SIGI  (XLIS:MLORE) 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.


Olimpo Real Estate Portugal SIGI Net-Net Working Capital Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Traded in Other Exchanges
N/A
Address
Lugar do Espido, Via Norte, Miaia, PRT, 4471-909
Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

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