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Badger Meter (Badger Meter) Net-Net Working Capital : USD4.79 (As of Mar. 2024)


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What is Badger Meter 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.

Badger Meter's Net-Net Working Capital for the quarter that ended in Mar. 2024 was USD4.79.

The industry rank for Badger Meter's Net-Net Working Capital or its related term are showing as below:

BMI's Price-to-Net-Net-Working-Capital is ranked worse than
92.23% of 1222 companies
in the Hardware industry
Industry Median: 6.5 vs BMI: 38.73

Badger Meter Net-Net Working Capital Historical Data

The historical data trend for Badger Meter'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.

Badger Meter Net-Net Working Capital Chart

Badger Meter Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.69 2.00 3.24 4.46

Badger Meter Quarterly Data
Jun19 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 2.81 3.19 3.63 4.46 4.79

Competitive Comparison of Badger Meter's Net-Net Working Capital

For the Scientific & Technical Instruments subindustry, Badger Meter'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.


Badger Meter's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Badger Meter's Price-to-Net-Net-Working-Capital falls into.



Badger Meter Net-Net Working Capital Calculation

Badger Meter'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)
=(191.782+0.75 * 83.507+0.5 * 153.674-200.437
-0-0)/29.3473
=4.46

Badger Meter'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)
=(199.31+0.75 * 92.287+0.5 * 160.444-207.907
-0-0)/29.3937
=4.79

* 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.


Badger Meter  (NYSE:BMI) 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.


Badger Meter Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Badger Meter's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Badger Meter (Badger Meter) Business Description

Traded in Other Exchanges
Address
4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.
Executives
Todd A. Adams director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Kimberly K Stoll officer: VP-Marketing 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Fred J Begale officer: VP-Engineering 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Richard Htwe officer: VP-Global Operations 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Lars Bo Kristensen officer: VP-Global Flow and Intl Water 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Bergum William R A officer: VP-Gen. Counsel and Secretary P O BOX 245036, 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Xia Liu director ONE ENERGY PLACE, PENSACOLA FL 32520
Gregory M Gomez officer: VP-Engineering 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Matthew L Stuyvenberg officer: Vice President-Water Quality 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Henry F Brooks director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Gail A Lione director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Sheryl Hopkins officer: VP - Human Resources 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Richard A Meeusen director, officer: President & CEO, other: Co-trustee, Officers Voting Tr P O BOX 23099, MILWAUKEE WI 532230099
James W Mcgill director 8550 MOSLEY ROAD, HOUSTON TX 77075

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