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Global Pet Industries (NSE:GLOBALPET) Net-Net Working Capital : ₹0.34 (As of Mar. 2022)


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What is Global Pet Industries 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.

Global Pet Industries's Net-Net Working Capital for the quarter that ended in Mar. 2022 was ₹0.34.

The industry rank for Global Pet Industries's Net-Net Working Capital or its related term are showing as below:

NSE:GLOBALPET's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7.005
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Global Pet Industries Net-Net Working Capital Historical Data

The historical data trend for Global Pet Industries'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.

Global Pet Industries Net-Net Working Capital Chart

Global Pet Industries Annual Data
Trend Mar20 Mar21 Mar22
Net-Net Working Capital
0.28 -0.44 0.34

Global Pet Industries Semi-Annual Data
Mar20 Mar21 Mar22
Net-Net Working Capital 0.28 -0.44 0.34

Competitive Comparison of Global Pet Industries's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Global Pet Industries'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.

Global Pet Industries's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Pet Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Global Pet Industries's Price-to-Net-Net-Working-Capital falls into.


Global Pet Industries Net-Net Working Capital Calculation

Global Pet Industries's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2022 is calculated as

Net-Net Working Capital(A: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(62.231+0.75 * 16.352+0.5 * 52.516-97.466
-0-0)/9.787
=0.34

Global Pet Industries's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2022 is calculated as

Net-Net Working Capital(Q: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(62.231+0.75 * 16.352+0.5 * 52.516-97.466
-0-0)/9.787
=0.34

* 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.

Global Pet Industries  (NSE:GLOBALPET) 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.

Global Pet Industries Net-Net Working Capital Related Terms

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Global Pet Industries (NSE:GLOBALPET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Net-Net Working Capital
Comparable Companies
NSE:AUROIMPEX BOM:537326 NSE:SCML BOM:505324 NSE:PENTAGON BOM:513709 NSE:MAKS BOM:504286 BOM:505216 BOM:517546 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Unit Nos. 8 to 15, 108 & 109, Karishma Industrial Estate, Survey No. 36, Hissa No. 5, Village Waliv, Dhumal Nagar, Near Rashmi Bungalow, Vasai East, Palghar, Vasai, MH, IND, 401208
Website
https://www.globalpetind.com
Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.

Global Pet Industries (NSE:GLOBALPET) Headlines

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