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PPH Bomi S.A. (WAR:BMI) Net-Net Working Capital : zł-6.11 (As of Dec. 2012)


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What is PPH Bomi S.A. 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.

PPH Bomi S.A.'s Net-Net Working Capital for the quarter that ended in Dec. 2012 was zł-6.11.

The industry rank for PPH Bomi S.A.'s Net-Net Working Capital or its related term are showing as below:

WAR:BMI's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.03
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PPH Bomi S.A. Net-Net Working Capital Historical Data

The historical data trend for PPH Bomi S.A.'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.

PPH Bomi S.A. Net-Net Working Capital Chart

PPH Bomi S.A. Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Net-Net Working Capital
-8.17 -9.71 -9.71 -6.93

PPH Bomi S.A. Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Sep12 Dec12
Net-Net Working Capital Get a 7-Day Free Trial -8.75 -9.69 -8.39 -6.39 -6.11

Competitive Comparison of PPH Bomi S.A.'s Net-Net Working Capital

For the Department Stores subindustry, PPH Bomi S.A.'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.


PPH Bomi S.A.'s Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PPH Bomi S.A.'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PPH Bomi S.A.'s Price-to-Net-Net-Working-Capital falls into.



PPH Bomi S.A. Net-Net Working Capital Calculation

PPH Bomi S.A.'s Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2012 is calculated as

Net-Net Working Capital(A: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.38+0.75 * 0+0.5 * 1.711-276.948
-0-0)/39.487
=-6.93

PPH Bomi S.A.'s Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2012 is calculated as

Net-Net Working Capital(Q: Dec. 2012 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.38+0.75 * 0+0.5 * 1.711-276.948
-0-0)/44.805
=-6.11

* 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.


PPH Bomi S.A.  (WAR: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.


PPH Bomi S.A. Net-Net Working Capital Related Terms

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


PPH Bomi S.A. (WAR:BMI) Business Description

Traded in Other Exchanges
N/A
Address
PPH Bomi S.A. operates in the market trade in FMCG consumer type, the segment of medium and large deli shops. It offers its customers a range of over 35 thousand. Articles.

PPH Bomi S.A. (WAR:BMI) Headlines

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