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The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Net Current Asset Value : $1.99 (As of Nov. 2017)


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What is The Jean Coutu Group (PJC) 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).

The Jean Coutu Group (PJC)'s net current asset value per share for the quarter that ended in Nov. 2017 was $1.99.

The historical rank and industry rank for The Jean Coutu Group (PJC)'s Net Current Asset Value or its related term are showing as below:

JCOUF's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.55
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

The Jean Coutu Group (PJC) Net Current Asset Value Historical Data

The historical data trend for The Jean Coutu Group (PJC)'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.

The Jean Coutu Group (PJC) Net Current Asset Value Chart

The Jean Coutu Group (PJC) Annual Data
Trend May07 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 1.17 1.07 1.09 1.62

The Jean Coutu Group (PJC) Quarterly Data
Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
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 1.44 1.62 1.67 1.95 1.99

Competitive Comparison of The Jean Coutu Group (PJC)'s Net Current Asset Value

For the Pharmaceutical Retailers subindustry, The Jean Coutu Group (PJC)'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.


The Jean Coutu Group (PJC)'s Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, The Jean Coutu Group (PJC)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where The Jean Coutu Group (PJC)'s Price-to-Net-Current-Asset-Value falls into.



The Jean Coutu Group (PJC) Net Current Asset Value Calculation

The Jean Coutu Group (PJC)'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2017 is calculated as

Net Current Asset Value Per Share(A: Feb. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(536.197-239.53-0-0)/183.599
=1.62

The Jean Coutu Group (PJC)'s Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2017 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(604.635-238.315-0-0)/183.699
=1.99

* 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.


The Jean Coutu Group (PJC)  (OTCPK:JCOUF) 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.


The Jean Coutu Group (PJC) Net Current Asset Value Related Terms

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The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Business Description

Traded in Other Exchanges
N/A
Address
The Jean Coutu Group is a Canadian pharmaceutical retailer that operates under a franchise model. The company reports three segments: franchising, generic medicines, and intersegment sales. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumes, discount cosmetic lines, photography services, household items, pet supplies, groceries, and personal-care products. The bulk of Jean Coutu's revenue comes from prescription drug sales.

The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Headlines

From GuruFocus

The Jean Coutu Group – Dividend Fourth Quarter of Fiscal Year 2018

By GlobeNewswire GlobeNewswire 04-01-2018