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Phone WebXPAR:MLPHW 46 Net-Net Working Capital is €1.24 as of Dec. 2024. GuruFocus rates XPAR:MLPHW with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 437 Business Services companies, Phone Web ranks better than 97.25% on this metric.
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.
Phone Web's Net-Net Working Capital for the quarter that ended in Dec. 2024 was €1.24.
The industry rank for Phone Web's Net-Net Working Capital or its related term are showing as below:
XPAR:MLPHW's Price-to-Net-Net-Working-Capital is ranked better than 97.25% of 437
companies
in the Business Services industry
Industry Median: 5.56
vs XPAR:MLPHW: 0.69
Phone Web (XPAR:MLPHW) 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.
Phone Web Net-Net Working Capital Related Terms
Phone Web Net-Net Working Capital Historical Data
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The historical data trend for Phone Web'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.
Phone Web Net-Net Working Capital Chart
Phone Web Annual Data
Trend
Dec22
Dec23
Dec24
Net-Net Working Capital
0.00
1.07
1.24
Phone Web Semi-Annual Data
Dec22
Dec23
Dec24
Net-Net Working Capital
0.00
1.07
1.24
XPAR:MLPHW vs CTAS, CPRT, GPN: Net-Net Working Capital Comparison
For the Specialty Business Services subindustry, Phone Web'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.
Phone Web Price-to-Net-Net-Working-Capital vs Business Services Industry
For the Business Services industry and Industrials sector, Phone Web's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Phone Web's Price-to-Net-Net-Working-Capital falls into.
* 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.
What does a Net-Net Working Capital of €1.24 mean?
Phone Web (XPAR:MLPHW) has a Net-Net Working Capital of €1.24 as of Dec. 2024. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Phone Web According to the industry distribution chart, Phone Web ranks #12 out of 437 companies in the Business Services industry, placing it in the top 2.7%.
Is Phone Web's Net-Net Working Capital too high?
Phone Web's current Net-Net Working Capital is €1.24. Based on the distribution chart, Phone Web ranks #12 out of 437 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Phone Web has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Phone Web's Net-Net Working Capital compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Phone Web ranks #12 out of 437 companies for Net-Net Working Capital. This places Phone Web in the top 3% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 5.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.56, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Phone Web For the Business Services industry, the median Net-Net Working Capital is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phone Web's current Net-Net Working Capital is €1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phone Web stock overvalued right now?
Phone Web (XPAR:MLPHW) has a current Net-Net Working Capital of €1.24. The current Net-Net Working Capital is €1.24. Phone Web's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Phone Web (XPAR:MLPHW), the current Net-Net Working Capital is €1.24 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Phone Web SA is a provider of telemarketing products with high added value in France. The company also proposes the outsourcing of call centers: call reception services, telephone surveys, satisfaction polls, and brand awareness polls.
46GF Score
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