GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pacific Brands Ltd (OTCPK:PFBDY) » Definitions » Net Current Asset Value

Pacific Brands (Pacific Brands) Net Current Asset Value : $0.81 (As of Jun. 2015)


View and export this data going back to 2008. Start your Free Trial

What is Pacific Brands 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).

Pacific Brands's net current asset value per share for the quarter that ended in Jun. 2015 was $0.81.

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

PFBDY's Price-to-Net-Current-Asset-Value is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 3.47
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Pacific Brands Net Current Asset Value Historical Data

The historical data trend for Pacific Brands'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.

Pacific Brands Net Current Asset Value Chart

Pacific Brands Annual Data
Trend Jun05 Jun06 Jun07 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.05 0.74 -0.02 0.81

Pacific Brands Semi-Annual Data
Jun03 Jun05 Jun06 Jun07 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 0.74 -0.02 0.81

Competitive Comparison of Pacific Brands's Net Current Asset Value

For the Apparel Manufacturing subindustry, Pacific Brands'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.


Pacific Brands's Price-to-Net-Current-Asset-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pacific Brands's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Pacific Brands Net Current Asset Value Calculation

Pacific Brands's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2015 is calculated as

Net Current Asset Value Per Share(A: Jun. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(247.003-172.496-0-0)/91.7226
=0.81

Pacific Brands's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2015 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(247.003-172.496-0-0)/91.7226
=0.81

* 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.


Pacific Brands  (OTCPK:PFBDY) 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.


Pacific Brands Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Pacific Brands's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Pacific Brands (Pacific Brands) Business Description

Traded in Other Exchanges
N/A
Address
Pacific Brands Limited manufactures, sources, markets, and sells consumer products. Its products include intimate apparel, hosiery & bonds outerwear products for women, men, and children under Bonds, Razzamatazz, Rio, Voodoo among other brands.

Pacific Brands (Pacific Brands) Headlines

No Headlines