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RBC Group PJSC (MIC:RBCM) Net-Net Working Capital : ₽-45.70 (As of Jun. 2021)


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What is RBC Group PJSC 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.

RBC Group PJSC's Net-Net Working Capital for the quarter that ended in Jun. 2021 was ₽-45.70.

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

MIC:RBCM's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 5.22
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

RBC Group PJSC Net-Net Working Capital Historical Data

The historical data trend for RBC Group PJSC'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.

RBC Group PJSC Net-Net Working Capital Chart

RBC Group PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.05 -45.57 -53.53 -48.51 -45.72

RBC Group PJSC Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -56.05 -48.51 -45.66 -45.72 -45.70

Competitive Comparison of RBC Group PJSC's Net-Net Working Capital

For the Internet Content & Information subindustry, RBC Group PJSC'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.


RBC Group PJSC's Price-to-Net-Net-Working-Capital Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RBC Group PJSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



RBC Group PJSC Net-Net Working Capital Calculation

RBC Group PJSC's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net-Net Working Capital(A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1500+0.75 * 1114+0.5 * 9-17811
-0-561)/350.654
=-45.72

RBC Group PJSC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2021 is calculated as

Net-Net Working Capital(Q: Jun. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2091+0.75 * 738+0.5 * 8-18130
-0-545)/350.654
=-45.70

* 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.


RBC Group PJSC  (MIC:RBCM) 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.


RBC Group PJSC Net-Net Working Capital Related Terms

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RBC Group PJSC (MIC:RBCM) Business Description

Traded in Other Exchanges
N/A
Address
st. Leninskaya Sloboda, 26, Building 3, Moscow, RUS, 117393
RBC Group PJSC is a media holding company. The company engages in internet, television, and printed publications. In Internet, the company provides the portal which includes personal finance, sports, real estate, and lifestyle. In television, the company provides RBC channel which focuses on coverage of economic and financial events in Russia. It also provides RBC daily newspaper and monthly business magazine. The services provided by the company are conferences and awards, domain name registration and hosting, and entertainment resources.

RBC Group PJSC (MIC:RBCM) Headlines

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