GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gateway Real Estate AG (XTER:GTY) » Definitions » Net Current Asset Value

Gateway Real Estate AG (XTER:GTY) Net Current Asset Value : €-0.17 (As of Sep. 2023)


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

What is Gateway Real Estate AG 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).

Gateway Real Estate AG's net current asset value per share for the quarter that ended in Sep. 2023 was €-0.17.

The historical rank and industry rank for Gateway Real Estate AG'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 Gateway Real Estate AG was 53.67. The lowest was 1.40. And the median was 6.26.

XTER:GTY's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.31
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Gateway Real Estate AG Net Current Asset Value Historical Data

The historical data trend for Gateway Real Estate AG'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.

Gateway Real Estate AG Net Current Asset Value Chart

Gateway Real Estate AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.45 1.30 0.52 0.33 0.38

Gateway Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.28 0.38 0.06 -0.12 -0.17

Competitive Comparison of Gateway Real Estate AG's Net Current Asset Value

For the Real Estate - Development subindustry, Gateway Real Estate AG'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.


Gateway Real Estate AG's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gateway Real Estate AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Gateway Real Estate AG's Price-to-Net-Current-Asset-Value falls into.



Gateway Real Estate AG Net Current Asset Value Calculation

Gateway Real Estate AG's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1131.995-1052.501-8.159-0)/186.764
=0.38

Gateway Real Estate AG's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1154.602-1172.794-14.306-0)/186.764
=-0.17

* 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.


Gateway Real Estate AG  (XTER:GTY) 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.


Gateway Real Estate AG Net Current Asset Value Related Terms

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


Gateway Real Estate AG (XTER:GTY) Business Description

Traded in Other Exchanges
Address
Hardenbergstr. 28a, Berlin, BB, DEU, 10623
Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company's operating segment includes Standing Assets; Commercial Properties Development; and Residential Properties Development. Its property portfolio consists of Commercial and Residential Properties, Offices, Hotels, Shopping Centers, Office Refurbishments, and Parking Spaces. Geographically, the company conducts all its business activities in Germany.

Gateway Real Estate AG (XTER:GTY) Headlines

From GuruFocus

The Getty Realty Corp (GTY) Company: A Short SWOT Analysis

By GuruFocus Research 10-30-2023

Getty Realty Corp. Announces Regular Quarterly Cash Dividend

By Business Wire Business Wire 02-21-2023

Getty Realty Corp. Announces Regular Quarterly Cash Dividend

By Business Wire Business Wire 04-26-2022

Getty Realty Corp. Announces 2022 Getty Gives Activity

By Business Wire Business Wire 12-20-2022

Getty Realty Corp. to Report Second Quarter 2022 Financial Results

By Business Wire Business Wire 06-30-2022

Getty Realty Corp. Publishes Inaugural Corporate Responsibility Report

By Business Wire Business Wire 06-02-2022

Getty Realty Corp. Announces Increased Quarterly Cash Dividend

By Business Wire Business Wire 10-25-2022

Getty Realty Corp. Announces Common Stock Offering

By Business Wire Business Wire 02-28-2023