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AlarmForce Industries (AlarmForce Industries) Net Current Asset Value : $0.71 (As of Jul. 2017)


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What is AlarmForce Industries 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).

AlarmForce Industries's net current asset value per share for the quarter that ended in Jul. 2017 was $0.71.

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

ARFCF's Price-to-Net-Current-Asset-Value is not ranked *
in the Business Services industry.
Industry Median: 4.13
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

AlarmForce Industries Net Current Asset Value Historical Data

The historical data trend for AlarmForce Industries'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.

AlarmForce Industries Net Current Asset Value Chart

AlarmForce Industries Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.57 0.15 0.27 -0.14

AlarmForce Industries Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 0.33 -0.14 -0.11 -0.04 0.71

Competitive Comparison of AlarmForce Industries's Net Current Asset Value

For the Security & Protection Services subindustry, AlarmForce Industries'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.


AlarmForce Industries's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

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

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



AlarmForce Industries Net Current Asset Value Calculation

AlarmForce Industries's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2016 is calculated as

Net Current Asset Value Per Share(A: Oct. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(13.942-15.578-0-0)/11.5703
=-0.14

AlarmForce Industries's Net Current Asset Value (NCAV) per share for the quarter that ended in Jul. 2017 is calculated as

Net Current Asset Value Per Share(Q: Jul. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(20.066-11.89-0-0)/11.4697
=0.71

* 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.


AlarmForce Industries  (OTCPK:ARFCF) 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.


AlarmForce Industries Net Current Asset Value Related Terms

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AlarmForce Industries (AlarmForce Industries) Business Description

Traded in Other Exchanges
N/A
Address
AlarmForce Industries Inc is a Canada based company provides security based solutions. It primarily offers security alarm monitoring, personal emergency response monitoring, video surveillance and related services. The company provides home security systems, which includes home security; home automation; smoke, flood, and carbon monoxide detection, and Bundles. The company's business security systems include business security and video, business automation and customized solutions. The industry serves both residential and commercial market. Geographically the firm offers services to subscribers throughout Canada and selected centres across the United States of America. AlarmForce derives most of the revenue from the sale of security-based products.

AlarmForce Industries (AlarmForce Industries) Headlines

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