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Uniparts India (BOM:543689) Net-Net Working Capital : ₹51.37 (As of Mar. 2024)


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What is Uniparts India 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.

Uniparts India's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹51.37.

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

BOM:543689's Price-to-Net-Net-Working-Capital is ranked worse than
61.9% of 63 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.07 vs BOM:543689: 9.89

Uniparts India Net-Net Working Capital Historical Data

The historical data trend for Uniparts India'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.

Uniparts India Net-Net Working Capital Chart

Uniparts India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-33.02 -5.73 7.69 38.41 51.37

Uniparts India Quarterly Data
Mar20 Mar21 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 38.41 - 51.61 - 51.37

Competitive Comparison of Uniparts India's Net-Net Working Capital

For the Farm & Heavy Construction Machinery subindustry, Uniparts India'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.


Uniparts India's Price-to-Net-Net-Working-Capital Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Uniparts India's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Uniparts India Net-Net Working Capital Calculation

Uniparts India's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1784.83+0.75 * 1334.8+0.5 * 4244.09-2608.72
-0-0)/44.7547
=51.37

Uniparts India'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)
=(1784.83+0.75 * 1334.8+0.5 * 4244.09-2608.72
-0-0)/44.7547
=51.37

* 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.


Uniparts India  (BOM:543689) 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.


Uniparts India Net-Net Working Capital Related Terms

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Uniparts India (BOM:543689) Business Description

Traded in Other Exchanges
Address
A1 & A2, Phase-II, 1 st Floor, B208, Noida, UP, IND, 201 305
Uniparts India Ltd is a manufacturer of engineered systems and solutions. The company is a supplier of systems and components for the off-highway market in the agriculture and construction, forestry and mining, and aftermarket sectors with a presence across over 25 countries. The company's product portfolio includes core product verticals of three point linkage systems and precision machined parts as well as adjacent product verticals of power take-off fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles with a presence across the value chain. Geographically the company derives its revenue from USA, Asia Pacific, Europe, India, Japan, Rest of the world, where the majority is being generated from the USA.

Uniparts India (BOM:543689) Headlines

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