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Buka Investments (JSE:BKI) Net-Net Working Capital : R0.07 (As of Aug. 2023)


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What is Buka Investments 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.

Buka Investments's Net-Net Working Capital for the quarter that ended in Aug. 2023 was R0.07.

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

JSE:BKI's Price-to-Net-Net-Working-Capital is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 7.255 vs JSE:BKI: 10.43

Buka Investments Net-Net Working Capital Historical Data

The historical data trend for Buka Investments'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.

Buka Investments Net-Net Working Capital Chart

Buka Investments Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.63 -1.59 -2.26 -0.04 0.18

Buka Investments Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -2.20 -0.04 0.31 0.18 0.07

Competitive Comparison of Buka Investments's Net-Net Working Capital

For the Household & Personal Products subindustry, Buka Investments'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.


Buka Investments's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Buka Investments's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Buka Investments Net-Net Working Capital Calculation

Buka Investments's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2023 is calculated as

Net-Net Working Capital(A: Feb. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.273+0.75 * 0+0.5 * 0-0.844
-0-0)/13.8404
=0.18

Buka Investments's Net-Net Working Capital (NNWC) per share for the quarter that ended in Aug. 2023 is calculated as

Net-Net Working Capital(Q: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.407+0.75 * 0.458+0.5 * 0-0.812
-0-0)/13.8404
=0.07

* 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.


Buka Investments  (JSE:BKI) 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.


Buka Investments Net-Net Working Capital Related Terms

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Buka Investments (JSE:BKI) Business Description

Traded in Other Exchanges
N/A
Address
23 Saddle Drive, Woodmead Office Park, Woodmead, Johannesburg, GT, ZAF, 2191
Buka Investments Ltd is a beauty and wellness solutions group. The company's own skin care product brands are Placecol and Skinderm. The company has its own franchise salon footprint through the following franchise salon chains: Placecol Skin Care Clinics, Perfect 10, and Dream Nails Beauty Salons. The group's skincare brands are available to customers in its own salon footprint, large retail groups, pharmacies, various independent salon outlets, and on various online platforms.

Buka Investments (JSE:BKI) Headlines

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