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CI Systems (Israel) (XTAE:CISY) Net-Net Working Capital : ₪2.76 (As of Dec. 2024)


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What is CI Systems (Israel) 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.

CI Systems (Israel)'s Net-Net Working Capital for the quarter that ended in Dec. 2024 was ₪2.76.

The industry rank for CI Systems (Israel)'s Net-Net Working Capital or its related term are showing as below:

XTAE:CISY's Price-to-Net-Net-Working-Capital is ranked worse than
63.48% of 1202 companies
in the Hardware industry
Industry Median: 7.275 vs XTAE:CISY: 10.25

CI Systems (Israel) Net-Net Working Capital Historical Data

The historical data trend for CI Systems (Israel)'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.

CI Systems (Israel) Net-Net Working Capital Chart

CI Systems (Israel) Annual Data
Trend Dec22 Dec23 Dec24
Net-Net Working Capital
- 2.77 2.76

CI Systems (Israel) Semi-Annual Data
Dec22 Dec23 Dec24
Net-Net Working Capital - 2.77 2.76

Competitive Comparison of CI Systems (Israel)'s Net-Net Working Capital

For the Scientific & Technical Instruments subindustry, CI Systems (Israel)'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.


CI Systems (Israel)'s Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CI Systems (Israel)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where CI Systems (Israel)'s Price-to-Net-Net-Working-Capital falls into.


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CI Systems (Israel) Net-Net Working Capital Calculation

CI Systems (Israel)'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)
=(40.824+0.75 * 27.488+0.5 * 49.951-55.538
-0-0)/11.175
=2.76

CI Systems (Israel)'s Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(40.824+0.75 * 27.488+0.5 * 49.951-55.538
-0-0)/11.175
=2.76

* 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.


CI Systems (Israel)  (XTAE:CISY) 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.


CI Systems (Israel) Net-Net Working Capital Related Terms

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CI Systems (Israel) Business Description

Traded in Other Exchanges
N/A
Address
POB 147, Migdal Haemek, ISR, 10551
CI Systems (Israel) Ltd develops, manufactures, sells and services sophisticated electro optical testing, measurement and simulation solutions. Its products include Blackbodies & Accessories, Laser Testers, and Boresight Systems, among others. It sales its products in Simi Valley, California and Migdal HaEmek, Israel. It also provides test benches for Electro-Optical systems.

CI Systems (Israel) Headlines

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