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SCI Engineered Materials (SCI Engineered Materials) Net-Net Working Capital : $1.05 (As of Mar. 2024)


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What is SCI Engineered Materials 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.

SCI Engineered Materials's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $1.05.

The industry rank for SCI Engineered Materials's Net-Net Working Capital or its related term are showing as below:

SCIA's Price-to-Net-Net-Working-Capital is ranked better than
71.29% of 526 companies
in the Semiconductors industry
Industry Median: 8.635 vs SCIA: 5.05

SCI Engineered Materials Net-Net Working Capital Historical Data

The historical data trend for SCI Engineered Materials'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.

SCI Engineered Materials Net-Net Working Capital Chart

SCI Engineered Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 0.19 0.47 0.79 0.69

SCI Engineered Materials 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 0.84 1.12 0.81 0.69 1.05

Competitive Comparison of SCI Engineered Materials's Net-Net Working Capital

For the Semiconductor Equipment & Materials subindustry, SCI Engineered Materials'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.


SCI Engineered Materials's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SCI Engineered Materials's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where SCI Engineered Materials's Price-to-Net-Net-Working-Capital falls into.



SCI Engineered Materials Net-Net Working Capital Calculation

SCI Engineered Materials'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)
=(6.674+0.75 * 0.855+0.5 * 4.654-6.506
-0-0)/4.53021
=0.69

SCI Engineered Materials'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)
=(5.965+0.75 * 1.068+0.5 * 3.685-3.835
-0-0)/4.53892
=1.05

* 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.


SCI Engineered Materials  (OTCPK:SCIA) 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.


SCI Engineered Materials Net-Net Working Capital Related Terms

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SCI Engineered Materials (SCI Engineered Materials) Business Description

Traded in Other Exchanges
N/A
Address
2839 Charter Street, Columbus, OH, USA, 43228
SCI Engineered Materials Inc is a supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin-film applications. The company is focused on markets within the PVD industry including Aerospace, Automotive, Defense, Glass, Optical Coatings, and Solar. The Company develops innovative customized solutions enabling commercial success through collaboration with end users and Original Equipment Manufacturers. Its products consist of Sputtering targets, Evaporation materials, Ceramic powders, and Substrates. Additionally, it offers various services such as advanced ceramic powders, vacuum hot pressing, machining, bonding, and many more.
Executives
Laura F Shunk 10 percent owner 8300 MULBERRY ROAD, P.O. BOX 490, CHESTERLAND OH 44026
Edward W Ungar director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Jeremiah Ray Young officer: PRESIDENT 893 THAYER DRIVE, GAHANNA OH 43230
Emily Lu director 3720 CANTERBURY CT, BOCA RATON FL 33434
John P Gilliam director 862 MOON GLOW CT, GAHANNA OH 43230
Wickersham Charles Edward Jr director 517 ARDEN RD, COLUMBUS OH 43214
Daniel Rooney director, officer: President and CEO 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Investments Sa Windcom 10 percent owner
Daniel A Funk 10 percent owner PORTER, WRIGHT, MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Michael K Barna officer: VP Sales - Photonics 1145 CHESAPEAKE AVE., COLUMBUS OH 43212
Robert H Peitz director 217 LLOYD ROAD, ABERDEEN NJ 07747
Walter J Doyle director 1970 JEWETT ROAD, POWELL OH 43065
Baker Robert J Jr director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Curtis A Loveland 10 percent owner, officer: Secretary PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Scott S Campbell officer: Technical Director 1145 CHESAPEAKE AVENUE, COLUMBUS OH 43212