GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fathom Holdings Inc (NAS:FTHM) » Definitions » Net-Net Working Capital

Fathom Holdings (Fathom Holdings) Net-Net Working Capital : $-0.88 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Fathom Holdings 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.

Fathom Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-0.88.

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

FTHM's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.26
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Fathom Holdings Net-Net Working Capital Historical Data

The historical data trend for Fathom Holdings'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.

Fathom Holdings Net-Net Working Capital Chart

Fathom Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -0.26 1.75 0.96 -0.43 -0.68

Fathom Holdings Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only -0.56 -0.74 -0.73 -0.68 -0.88

Competitive Comparison of Fathom Holdings's Net-Net Working Capital

For the Real Estate Services subindustry, Fathom Holdings'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.


Fathom Holdings's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fathom Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Fathom Holdings Net-Net Working Capital Calculation

Fathom Holdings'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)
=(7.399+0.75 * 3.352+0.5 * 0-24.024
-0-0)/20.6715
=-0.68

Fathom Holdings'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)
=(5.682+0.75 * 2.996+0.5 * 0-26.317
-0-0)/20.8384
=-0.88

* 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.


Fathom Holdings  (NAS:FTHM) 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.


Fathom Holdings Net-Net Working Capital Related Terms

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


Fathom Holdings (Fathom Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2000 Regency Parkway Drive, Suite 300, Cary, NC, USA, 27518
Fathom Holdings Inc is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and Software as a Service offerings to brokerages and agents by leveraging our proprietary cloud-based software, intelliAgent. The company has three reportable segments namely Real Estate Brokerage; Mortgage; and Technology.
Executives
Stephen H. Murray director C/O FATHOM HOLDINGS INC., 2000 REGENCY PARKWAY DRIVE, SUITE 300, CARY NC 27518
Scott N Flanders director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Joshua Harley director, officer: Chief Executive Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jennifer B. Venable director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, RALEIGH NC 27511
Ravila Gupta director 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Glenn A. Sampson director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Marco Fregenal director, officer: Chief Financial Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Samantha Giuggio officer: Chief Broker Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Christopher D. Bennett director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jeffrey H Coats director C/O AUTOBYTEL INC., 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
David C. Hood director C/O GUNDERSON DETTMER, ONE MARINA PARK DRIVE, SUITE 900, BOSTON MA 02210