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Bowman Consulting Group (Bowman Consulting Group) Net-Net Working Capital : $-10.99 (As of Mar. 2024)


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What is Bowman Consulting Group 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.

Bowman Consulting Group's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-10.99.

The industry rank for Bowman Consulting Group's Net-Net Working Capital or its related term are showing as below:

BWMN's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bowman Consulting Group Net-Net Working Capital Historical Data

The historical data trend for Bowman Consulting Group'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.

Bowman Consulting Group Net-Net Working Capital Chart

Bowman Consulting Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-7.20 -3.16 -0.89 -5.26 -10.15

Bowman Consulting Group Quarterly Data
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 -5.60 -8.30 -8.30 -10.15 -10.99

Competitive Comparison of Bowman Consulting Group's Net-Net Working Capital

For the Engineering & Construction subindustry, Bowman Consulting Group'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.


Bowman Consulting Group's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bowman Consulting Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Bowman Consulting Group's Price-to-Net-Net-Working-Capital falls into.



Bowman Consulting Group Net-Net Working Capital Calculation

Bowman Consulting Group'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)
=(20.687+0.75 * 87.565+0.5 * 0-239.504
-0-0)/15.0943
=-10.15

Bowman Consulting Group'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)
=(11.673+0.75 * 95.975+0.5 * 0-253.282
-0-0)/15.4285
=-10.99

* 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.


Bowman Consulting Group  (NAS:BWMN) 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.


Bowman Consulting Group Net-Net Working Capital Related Terms

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Bowman Consulting Group (Bowman Consulting Group) Business Description

Traded in Other Exchanges
N/A
Address
12355 Sunrise Valley Drive, Suite 520, Reston, VA, USA, 20191
Bowman Consulting Group Ltd is a multi-faceted consulting firm offering a broad range of real estate, energy, infrastructure, and environmental management solutions to both public and private clients across the country. From large commercial developments, to master planned communities, to local transportation projects, Bowman delivers outstanding project results, builds long-lasting relationships and leverages the growth of the organization to serve the constantly changing needs of clients.
Executives
Gary Bowman director, 10 percent owner 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Bruce J Labovitz officer: Chief Financial Officer 11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
Michael Bruen director, officer: Chief Operating Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Robert Alan Hickey officer: Chief Legal Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Patricia Mulroy director C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Stephen A Riddick director C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Raymond Jr. Vicks director C/O ACCESS GOHEALTH ONDEMAND, INC., 5555 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
James P Laurito director C/O ENERGY EAST CORPORATION, PO BOX 3287, ITHACA NY 14852-3287
Daniel Lefaivre director 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20131
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6