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Mountview Estates (LSE:MTVW) Net-Net Working Capital : £37.76 (As of Sep. 2023)


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What is Mountview Estates 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.

Mountview Estates's Net-Net Working Capital for the quarter that ended in Sep. 2023 was £37.76.

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

LSE:MTVW's Price-to-Net-Net-Working-Capital is ranked better than
66.67% of 336 companies
in the Real Estate industry
Industry Median: 4.215 vs LSE:MTVW: 2.60

Mountview Estates Net-Net Working Capital Historical Data

The historical data trend for Mountview Estates'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.

Mountview Estates Net-Net Working Capital Chart

Mountview Estates Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.69 39.96 42.90 43.26 38.41

Mountview Estates Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 44.38 43.26 43.01 38.41 37.76

Competitive Comparison of Mountview Estates's Net-Net Working Capital

For the Real Estate Services subindustry, Mountview Estates'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.


Mountview Estates's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

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

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



Mountview Estates Net-Net Working Capital Calculation

Mountview Estates's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.776+0.75 * 5.306+0.5 * 422.742-66.374
-0-0)/3.89901
=38.41

Mountview Estates's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.908+0.75 * 2.593+0.5 * 442.231-77.73
-0-0)/3.899
=37.76

* 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.


Mountview Estates  (LSE:MTVW) 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.


Mountview Estates Net-Net Working Capital Related Terms

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Mountview Estates (LSE:MTVW) Business Description

Traded in Other Exchanges
Address
151 High Street, Mountview House, Southgate, London, GBR, N14 6EW
Mountview Estates PLC is a property trading company. The company owns and acquires tenanted residential property throughout the United Kingdom and sells such property when it becomes vacant. Its operating segment includes Property Trading and Property Investment. The company derives maximum revenue from the Property Trading segment. It generates revenue from sales of properties, and rental income from properties held as trading stock, investment, and others.

Mountview Estates (LSE:MTVW) Headlines

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