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DP Poland (LSE:DPP) Net-Net Working Capital : £-0.03 (As of Dec. 2023)


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What is DP Poland 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.

DP Poland's Net-Net Working Capital for the quarter that ended in Dec. 2023 was £-0.03.

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

LSE:DPP's Price-to-Net-Net-Working-Capital is not ranked *
in the Restaurants industry.
Industry Median: 12.84
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

DP Poland Net-Net Working Capital Historical Data

The historical data trend for DP Poland'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.

DP Poland Net-Net Working Capital Chart

DP Poland Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
- -0.02 -0.03 -0.02 -0.03

DP Poland Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -0.03 -0.03 -0.02 -0.02 -0.03

Competitive Comparison of DP Poland's Net-Net Working Capital

For the Restaurants subindustry, DP Poland'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.


DP Poland's Price-to-Net-Net-Working-Capital Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, DP Poland's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



DP Poland Net-Net Working Capital Calculation

DP Poland'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)
=(1.888+0.75 * 1.128+0.5 * 1.034-23.216
-0-0)/712.482
=-0.03

DP Poland's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.888+0.75 * 1.128+0.5 * 1.034-23.216
-0-0)/712.482
=-0.03

* 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.


DP Poland  (LSE:DPP) 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.


DP Poland Net-Net Working Capital Related Terms

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DP Poland (LSE:DPP) Business Description

Traded in Other Exchanges
Address
ul. D?browiecka 30, Warsaw, POL, 03-932
DP Poland PLC is engaged in the operation of pizza delivery. Its subsidiary has the master franchise in Poland for Domino's Pizza which is a pizza delivery brand. The company has two operating segments including corporate sales and commissary operations. The corporate store sales segment, which is the key revenue driver, comprises sales to the public. The commissary operations segment comprises sales to sub-franchisees of food, services, fixtures, and equipment, and includes the receipt of royalty income from sub-franchisees.

DP Poland (LSE:DPP) Headlines

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