GURUFOCUS.COM » STOCK LIST » USA » AMEX » Seaboard Corp (AMEX:SEB) » Definitions » Net Current Asset Value
Switch to:

Seaboard (AMEX:SEB) Net Current Asset Value

: $914.90 (As of Mar. 2023)
View and export this data going back to 1980. Start your Free Trial

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).

Seaboard's net current asset value per share for the quarter that ended in Mar. 2023 was $914.90.

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

SEB' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.3   Med: 3.97   Max: 200
Current: 4.12

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Seaboard was 200.00. The lowest was 2.30. And the median was 3.97.

SEB's Price-to-Net-Current-Asset-Value is ranked worse than
56.12% of 196 companies
in the Conglomerates industry
Industry Median: 3.47 vs SEB: 4.12

Seaboard Net Current Asset Value Historical Data

The historical data trend for Seaboard'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.

Seaboard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 887.77 563.16 665.07 827.03 957.12

Seaboard Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Current Asset Value 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 Premium Member Only Premium Member Only Premium Member Only 788.26 819.28 829.61 957.12 914.90

Competitive Comparison

For the Conglomerates subindustry, Seaboard's Net Current Asset Value, along with its competitors' market caps and 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.

   

Seaboard Net Current Asset Value Distribution

For the Conglomerates industry and Industrials sector, Seaboard's Net Current Asset Value distribution charts can be found below:

* The bar in red indicates where Seaboard's Net Current Asset Value falls in comparison to its industry or sector. The grey bar indicates the Net Current Asset Value's extreme value range as defined by GuruFocus.



Seaboard Net Current Asset Value Calculation

Seaboard'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)
=(4017-2888-18-0)/1.16078
=957.12

Seaboard's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3866-2786-18-0)/1.16078
=914.90

* 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.


Seaboard  (AMEX:SEB) 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.


Seaboard Net Current Asset Value Related Terms

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


Seaboard (AMEX:SEB) Business Description

Seaboard logo
Traded in Other Exchanges
Address
9000 West 67th Street, Merriam, KS, USA, 66202
Seaboard Corp is a conglomerate of food production and transportation businesses. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, and turkey. The group offers hog production and pork processing, biodiesel production, agriculture commodity trading, agriculture commodity processing and logistics, grain and feed milling, cargo shipping, sugarcane production, alcohol production, sugar refining, power production, turkey production and processing, and production of jalapeno peppers. The largest end markets by revenue are the Caribbean and Central and South America.
Executives
Frances B Shifman director 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Vacas Jacques Emma Alejandra officer: Assistant Treasurer 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
James T Hubler officer: Assoc. Gen Counsel & Asst. Sec 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Benjamin R Hodes officer: Vice President, Finance 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Elizabeth A Loudon officer: Vice President, Tax 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
John B Warner officer: Vice President-Human Resources 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Adriana N Hoskins officer: Vice President and Treasurer 9000 WEST 67TH STREET, MERRIAM KS 66202
Peter B Brown officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Jacob A. Bresky officer: Vice Pres-Business Development 9000 WEST 67TH STREET, 3RD FLOOR, SHAWNEE MISSION KS 66202
Ellen S. Bresky director, 10 percent owner 9000 WEST 67TH STREET, 3RD FLOOR, SHAWNEE MISSION KS 66202
Douglas W Baena director
Darwin E Sand officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Winfield Ivan J. Jr officer: VP-Information Technology 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Paul M. Squires director SEABOARD FLOUR, 1320 CENTRE STREET, SUITE 200, NEWTON CENTER MA 02459
Michael D. Trollinger officer: VP, Corporate Controller, CAO 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202

Seaboard (AMEX:SEB) Headlines