GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Monte dei Paschi di Siena (OTCPK:BMDPF) » Definitions » Net Current Asset Value

Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Net Current Asset Value : $0.00 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Banca Monte dei Paschi di Siena 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).

Banca Monte dei Paschi di Siena's net current asset value per share for the quarter that ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Banca Monte dei Paschi di Siena's Net Current Asset Value or its related term are showing as below:

BMDPF's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 3.93
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Banca Monte dei Paschi di Siena Net Current Asset Value Historical Data

The historical data trend for Banca Monte dei Paschi di Siena'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.

Banca Monte dei Paschi di Siena Net Current Asset Value Chart

Banca Monte dei Paschi di Siena Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Banca Monte dei Paschi di Siena Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Banca Monte dei Paschi di Siena's Net Current Asset Value

For the Banks - Regional subindustry, Banca Monte dei Paschi di Siena'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.


Banca Monte dei Paschi di Siena's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banca Monte dei Paschi di Siena's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Banca Monte dei Paschi di Siena's Price-to-Net-Current-Asset-Value falls into.



Banca Monte dei Paschi di Siena Net Current Asset Value Calculation

Banca Monte dei Paschi di Siena's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-122829.424-0.71-0)/1259.69
=N/A

Banca Monte dei Paschi di Siena's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-122829.424-0.71-0)/1259.69
=N/A

* 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.


Banca Monte dei Paschi di Siena  (OTCPK:BMDPF) 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.


Banca Monte dei Paschi di Siena Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Banca Monte dei Paschi di Siena's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Business Description

Traded in Other Exchanges
Address
Piazza Salimbeni, 3, Siena, ITA, 53100
Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. The bank's strategy emphasizes efficiency as well as strengthening of its balance sheet, including its credit quality, liquidity, and capital base. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages.

Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Headlines

From GuruFocus

The Status of Italian Banks

By Holmes Osborne, CFA Holmes Osborne, CFA 12-06-2016

Italy May Cross the Debt Rubicon by December

By Matt Winkler Matt Winkler 10-03-2018