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Electro-Sensors (Electro-Sensors) Net-Net Working Capital : $3.23 (As of Dec. 2023)


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What is Electro-Sensors 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.

Electro-Sensors's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $3.23.

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

ELSE's Price-to-Net-Net-Working-Capital is ranked better than
93.93% of 1220 companies
in the Hardware industry
Industry Median: 6.425 vs ELSE: 1.28

Electro-Sensors Net-Net Working Capital Historical Data

The historical data trend for Electro-Sensors'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.

Electro-Sensors Net-Net Working Capital Chart

Electro-Sensors 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 2.91 2.97 3.14 3.15 3.23

Electro-Sensors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.15 3.11 3.12 3.16 3.23

Competitive Comparison of Electro-Sensors's Net-Net Working Capital

For the Scientific & Technical Instruments subindustry, Electro-Sensors'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.


Electro-Sensors's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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



Electro-Sensors Net-Net Working Capital Calculation

Electro-Sensors'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)
=(9.926+0.75 * 1.283+0.5 * 1.751-0.69
-0-0)/3.42802
=3.23

Electro-Sensors'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)
=(9.926+0.75 * 1.283+0.5 * 1.751-0.69
-0-0)/3.42802
=3.23

* 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.


Electro-Sensors  (NAS:ELSE) 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.


Electro-Sensors Net-Net Working Capital Related Terms

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Electro-Sensors (Electro-Sensors) Business Description

Traded in Other Exchanges
N/A
Address
6111 Blue Circle Drive, Minnetonka, MN, USA, 55343-9108
Electro-Sensors Inc is engaged in manufacturing and selling a variety of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. It also includes a line of products that measure production counts or rates, such as parts, gallons, or board feet, alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.
Executives
Patricia Nancy Peterson 10 percent owner 6005 ERIN TERRACE, EDINA MN 55439
Paul Rodney Peterson 10 percent owner 227 CEDAR DRIVE WEST, HUDSON WI 54016
John Eberhart Peterson 10 percent owner 815 BUTTONBUSH LANE, NAPLES FL 34108
Michael C. Zipoy director 6111 BLUE CIRCLE DR, MINNETONKA MN 55343
Lynne Elizabeth Peterson 10 percent owner 10254 NOTTINGHAM TRAIL, EDEN PRAIRIE MN 55347
Estate Of Nancy P. Peterson 10 percent owner C/O 15708 WOODKNOLL LANE, MINNETONKA MN 55345
Michael Hochman officer: VP of Casino Card Operations 1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Nancy P. Peterson 10 percent owner 905 MAIN STREET, HOPKINS MN 55343
Nicholas John Swenson 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Scott A. Gabbard director 6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
David L Klenk director 6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
Robert W Heller director 10992 MOUNT CURVE ROAD, EDEN PRAIRIE MN 55347
Jeffrey Dean Peterson director 15708 WOODKNOLL LANE, MINNETONKA MN 55345
Geoffrey W Miller director 12735 42ND PLACE N, PLAYMOUTH MN 55442-2350
John S Strom director