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Hudson Global (Hudson Global) Net Current Asset Value

: $11.91 (As of Dec. 2023)
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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).

Hudson Global's net current asset value per share for the quarter that ended in Dec. 2023 was $11.91.

The historical rank and industry rank for Hudson Global's Net Current Asset Value or its related term are showing as below:

HSON' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.97   Med: 1.84   Max: 2.88
Current: 1.42

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hudson Global was 2.88. The lowest was 0.97. And the median was 1.84.

HSON's Price-to-Net-Current-Asset-Value is ranked better than
84.82% of 573 companies
in the Business Services industry
Industry Median: 4.11 vs HSON: 1.42

Hudson Global Net Current Asset Value Historical Data

The historical data trend for Hudson Global'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.

Hudson Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.67 10.87 10.06 11.94 11.91

Hudson Global 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 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 Premium Member Only Premium Member Only Premium Member Only 11.94 11.78 12.04 12.37 11.91

Competitive Comparison

For the Staffing & Employment Services subindustry, Hudson Global'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.


Hudson Global Price-to-Net-Current-Asset-Value Distribution

For the Business Services industry and Industrials sector, Hudson Global's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Hudson Global's Price-to-Net-Current-Asset-Value falls into.



Hudson Global Net Current Asset Value Calculation

Hudson Global'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)
=(45.847-12.404-0-0)/2.807
=11.91

Hudson Global'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)
=(45.847-12.404-0-0)/2.807
=11.91

* 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.


Hudson Global  (NAS:HSON) 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.


Hudson Global Net Current Asset Value Related Terms

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Hudson Global (Hudson Global) Business Description

Traded in Other Exchanges
N/A
Address
53 Forest Avenue, Suite 102, Old Greenwich, CT, USA, 06870
Hudson Global Inc provides specialized recruitment and related talent solutions. Its core services include Permanent recruitment, Contracting, Recruitment process outsourcing (RPO) and Talent management solutions. Its Permanent recruitment services leverage the company's consultants. In contracting services, it offers project management, interim management, and professional contract staffing services. RPO services deliver permanent and contracting outsourced recruitment solutions to various companies whereas, Talent management solutions feature services like talent assessment, interview training, executive coaching, employee development and outplacement.
Executives
Robert G. Pearse director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew K Diamond officer: VP of Finance 53 FOREST AVENUE, OLD GREENWICH CT 06870
Hudson Global, Inc. officer: CFO and CAO 53 FOREST AVENUE, OLD GREENWICH CT 06870
Patrick M. Lyons officer: CFO and CAO HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Nelson Connia M director C/O HUDSON GLOBAL, INC., 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mimi K Drake director C/O HUDSON GLOBAL, INC., 53 FOREST AVENUE, OLD GREENWICH CT 06870
Alan Lee Bazaar director 9 BEDFORD ROAD, KATONAH NY 10536
Coleman Richard Kenneth Jr. director 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ian V. Nash director HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Sagard Capital Partners, L.p. 10 percent owner 280 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10017
David F. Kirby officer: VP, Finance and Treasury HUDSON GLOBAL, INC., 1325 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK NY 10019
Arthur Curcuru officer: Senior VP, Finance HUDSON GLOBAL, INC., 560 LEXINGTON AVENUE, NEW YORK NY 10022
Vi Capital Fund, Lp other: Member of 10% owner group PO BOX 402, NEWMAN LAKE WA 99025
David William Pointer other: Member of 10% owner group PO BOX 402, NEWMAN LAKE WA 99025

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