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American Metal & Technology (American Metal & Technology) Net Current Asset Value : $0.80 (As of Sep. 2010)


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What is American Metal & Technology Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

American Metal & Technology's net current asset value per share for the quarter that ended in Sep. 2010 was $0.80.

The historical rank and industry rank for American Metal & Technology's Net Current Asset Value or its related term are showing as below:

AMGY's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 4.32
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

American Metal & Technology Net Current Asset Value Historical Data

The historical data trend for American Metal & Technology's Net Current Asset Value 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.

American Metal & Technology Net Current Asset Value Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.06 -0.15 0.73 0.86 0.69

American Metal & Technology Quarterly Data
Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Net Current Asset Value 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 0.77 0.69 0.70 0.74 0.80

Competitive Comparison of American Metal & Technology's Net Current Asset Value

For the Metal Fabrication subindustry, American Metal & Technology's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


American Metal & Technology's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, American Metal & Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where American Metal & Technology's Price-to-Net-Current-Asset-Value falls into.



American Metal & Technology Net Current Asset Value Calculation

American Metal & Technology's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2009 is calculated as

Net Current Asset Value Per Share(A: Dec. 2009 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.995-1.682-0-0)/12.0122
=0.69

American Metal & Technology's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2010 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2010 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(11.849-2.252-0-0)/12.0122
=0.80

* 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.


American Metal & Technology  (OTCPK:AMGY) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. 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.

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 Working Capital. They are collected under our Net-Net screener.


American Metal & Technology Net Current Asset Value Related Terms

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American Metal & Technology (American Metal & Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041
American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.

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