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Montepino Logistica SOCIMI (XPAR:MLMTP) Net-Net Working Capital : €-4.42 (As of Dec. 2022)


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What is Montepino Logistica SOCIMI 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.

Montepino Logistica SOCIMI's Net-Net Working Capital for the quarter that ended in Dec. 2022 was €-4.42.

The industry rank for Montepino Logistica SOCIMI's Net-Net Working Capital or its related term are showing as below:

XPAR:MLMTP's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 15.57
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Montepino Logistica SOCIMI Net-Net Working Capital Historical Data

The historical data trend for Montepino Logistica SOCIMI'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.

Montepino Logistica SOCIMI Net-Net Working Capital Chart

Montepino Logistica SOCIMI Annual Data
Trend Dec21 Dec22
Net-Net Working Capital
-4.40 -4.42

Montepino Logistica SOCIMI Semi-Annual Data
Dec21 Dec22
Net-Net Working Capital -4.40 -4.42

Competitive Comparison of Montepino Logistica SOCIMI's Net-Net Working Capital

For the REIT - Industrial subindustry, Montepino Logistica SOCIMI'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.


Montepino Logistica SOCIMI's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

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

* The bar in red indicates where Montepino Logistica SOCIMI's Price-to-Net-Net-Working-Capital falls into.



Montepino Logistica SOCIMI Net-Net Working Capital Calculation

Montepino Logistica SOCIMI's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.549+0.75 * 2.959+0.5 * 0.045-410.251
-0-0)/85.988
=-4.42

Montepino Logistica SOCIMI's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2022 is calculated as

Net-Net Working Capital(Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.549+0.75 * 2.959+0.5 * 0.045-410.251
-0-0)/85.988
=-4.42

* 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.


Montepino Logistica SOCIMI  (XPAR:MLMTP) 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.


Montepino Logistica SOCIMI Net-Net Working Capital Related Terms

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Montepino Logistica SOCIMI (XPAR:MLMTP) Business Description

Traded in Other Exchanges
N/A
Address
3, Calle Felipe Sanclemente 26, Zaragoza, ESP, 50001
Montepino Logística SOCIMI SA is a Spanish real estate investment company. The Company strategy focuses on logistics asset development in strategic corridors or sites to be leased by logistic operators, couriers, last-mile operators, or other companies that use the facilities for product storage and distribution. The Company's only activity was the development of logistics facilities for lease.

Montepino Logistica SOCIMI (XPAR:MLMTP) Headlines

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