GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Compagnie du Bois Sauvage SA (XBRU:COMB) » Definitions » Net Current Asset Value

Compagnie du Boisuvage (XBRU:COMB) Net Current Asset Value : €-12.19 (As of Dec. 2023)


View and export this data going back to 1985. Start your Free Trial

What is Compagnie du Boisuvage 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).

Compagnie du Boisuvage's net current asset value per share for the quarter that ended in Dec. 2023 was €-12.19.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Compagnie du Boisuvage was 8200.00. The lowest was 41.03. And the median was 43.45.

XBRU:COMB's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.44
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Compagnie du Boisuvage Net Current Asset Value Historical Data

The historical data trend for Compagnie du Boisuvage'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.

Compagnie du Boisuvage Net Current Asset Value Chart

Compagnie du Boisuvage 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 -65.65 -102.99 -85.35 0.04 -12.19

Compagnie du Boisuvage Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only -85.35 15.92 0.04 -31.90 -12.19

Competitive Comparison of Compagnie du Boisuvage's Net Current Asset Value

For the Asset Management subindustry, Compagnie du Boisuvage'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.


Compagnie du Boisuvage's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Compagnie du Boisuvage's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Compagnie du Boisuvage's Price-to-Net-Current-Asset-Value falls into.



Compagnie du Boisuvage Net Current Asset Value Calculation

Compagnie du Boisuvage'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)
=(175.672-162.667-33.153-0)/1.65329
=-12.19

Compagnie du Boisuvage'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)
=(175.672-162.667-33.153-0)/1.65329
=-12.19

* 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.


Compagnie du Boisuvage  (XBRU:COMB) 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.


Compagnie du Boisuvage Net Current Asset Value Related Terms

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


Compagnie du Boisuvage (XBRU:COMB) Business Description

Traded in Other Exchanges
Address
Rue du Bois Sauvage, 17, Brussels, BEL, B-1000
Compagnie du Bois Sauvage SA is an investment management firm based in Belgium. Its core business involves investing in listed and unlisted companies to provide its investors with capital appreciation. The company's investment portfolio comprises of companies from various divisions such as real estate, a long-term investment division composed of strategic participating interests and a cash portfolio focused on liquid values that serve as a basis for derivatives activity. The firm's investment strategy is to actively involve itself in the management of the companies it invests in.