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Franklin BSP Realty Trust (Franklin BSP Realty Trust) Net Current Asset Value : $9.38 (As of Dec. 2023)


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What is Franklin BSP Realty Trust 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).

Franklin BSP Realty Trust's net current asset value per share for the quarter that ended in Dec. 2023 was $9.38.

The historical rank and industry rank for Franklin BSP Realty Trust's Net Current Asset Value or its related term are showing as below:

FBRT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.13   Med: 1.26   Max: 1.44
Current: 1.36

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Franklin BSP Realty Trust was 1.44. The lowest was 1.13. And the median was 1.26.

FBRT's Price-to-Net-Current-Asset-Value is ranked better than
80.95% of 105 companies
in the REITs industry
Industry Median: 7.47 vs FBRT: 1.36

Franklin BSP Realty Trust Net Current Asset Value Historical Data

The historical data trend for Franklin BSP Realty Trust'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.

Franklin BSP Realty Trust Net Current Asset Value Chart

Franklin BSP Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 8.22 12.94 13.23 10.22 9.38

Franklin BSP Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 10.22 11.23 10.19 10.29 9.38

Competitive Comparison of Franklin BSP Realty Trust's Net Current Asset Value

For the REIT - Mortgage subindustry, Franklin BSP Realty Trust'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.


Franklin BSP Realty Trust's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Franklin BSP Realty Trust's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Franklin BSP Realty Trust's Price-to-Net-Current-Asset-Value falls into.



Franklin BSP Realty Trust Net Current Asset Value Calculation

Franklin BSP Realty Trust'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)
=(5431.118-4368.971-27.095-258.742)/82.7519
=9.38

Franklin BSP Realty Trust'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)
=(5431.118-4368.971-27.095-258.742)/82.7519
=9.38

* 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.


Franklin BSP Realty Trust  (NYSE:FBRT) 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.


Franklin BSP Realty Trust Net Current Asset Value Related Terms

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Franklin BSP Realty Trust (Franklin BSP Realty Trust) Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, Suite 32A, New York, NY, USA, 10105
Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States.
Executives
Michael Comparato officer: President C/O FRANKLIN BSP REALTY TRUST, INC., 1345 AVENUE OF THE AMERICAS, SUITE 32A, NEW YORK NY 10105
Joe Dumars director 1400 SCENIC COURT, BLOOMFIELD HILLS MI 48302
Buford H Ortale director 104 WRAUDMONT BOULEVARD, SUITE 240, NASHVILLE TN 37205
Richard J Byrne director, officer: Chairman, CEO and President 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jerome S. Baglien officer: CFO, COO and Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Matthew Donnelly officer: President and COO 405 PARK AVENUE, NEW YORK NY 10022
Donald R Ramon officer: CFO, Secretary and Treasurer INVESCO LTD., 1555 PEACHTREE STREET NE, ATLANTA GA 30309
William M Kahane director AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: Chairman of Bd. of Dir. & CEO