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Das Technology Co (ROCO:6648) Net Current Asset Value : NT$12.96 (As of Dec. 2023)


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What is Das Technology Co 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).

Das Technology Co's net current asset value per share for the quarter that ended in Dec. 2023 was NT$12.96.

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

ROCO:6648' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.92   Med: 4.93   Max: 11.39
Current: 1.93

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Das Technology Co was 11.39. The lowest was 1.92. And the median was 4.93.

ROCO:6648's Price-to-Net-Current-Asset-Value is ranked better than
80.65% of 2160 companies
in the Industrial Products industry
Industry Median: 4.4 vs ROCO:6648: 1.93

Das Technology Co Net Current Asset Value Historical Data

The historical data trend for Das Technology Co'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.

Das Technology Co Net Current Asset Value Chart

Das Technology Co 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 3.96 12.91 10.36 14.30 12.96

Das Technology Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 10.36 8.31 14.30 9.49 12.96

Competitive Comparison of Das Technology Co's Net Current Asset Value

For the Electrical Equipment & Parts subindustry, Das Technology Co'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.


Das Technology Co's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Das Technology Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Das Technology Co's Price-to-Net-Current-Asset-Value falls into.



Das Technology Co Net Current Asset Value Calculation

Das Technology Co'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)
=(945.094-297.07-0-0)/50
=12.96

Das Technology Co'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)
=(945.094-297.07-0-0)/50
=12.96

* 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.


Das Technology Co  (ROCO:6648) 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.


Das Technology Co Net Current Asset Value Related Terms

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Das Technology Co (ROCO:6648) Business Description

Traded in Other Exchanges
N/A
Address
Keelung Road, Xinyi District, 5th Floor, No. 51, Section 2, Taipei, TWN
Das Technology Co Ltd is engaged in the development, manufacturing, and sales of multi-function electronic meter. It offers products and services such as smart meters, smart lights switches, smart sockets, and other aspects; hardware and software research and development. The company also provides home automation equipment and systems.

Das Technology Co (ROCO:6648) Headlines

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