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SAF Special Steel PCL (BKK:SAF) Net Current Asset Value : ฿0.27 (As of Sep. 2024)


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What is SAF Special Steel PCL 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).

SAF Special Steel PCL's net current asset value per share for the quarter that ended in Sep. 2024 was ฿0.27.

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

BKK:SAF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.85   Med: 3.38   Max: 3.69
Current: 1.89

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of SAF Special Steel PCL was 3.69. The lowest was 1.85. And the median was 3.38.

BKK:SAF's Price-to-Net-Current-Asset-Value is ranked better than
65.96% of 376 companies
in the Steel industry
Industry Median: 3.05 vs BKK:SAF: 1.89

SAF Special Steel PCL Net Current Asset Value Historical Data

The historical data trend for SAF Special Steel PCL'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.

SAF Special Steel PCL Net Current Asset Value Chart

SAF Special Steel PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
- 0.03 0.02 0.25

SAF Special Steel PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.29 0.25 0.24 0.27 0.27

Competitive Comparison of SAF Special Steel PCL's Net Current Asset Value

For the Steel subindustry, SAF Special Steel PCL'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.


SAF Special Steel PCL's Price-to-Net-Current-Asset-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SAF Special Steel PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where SAF Special Steel PCL's Price-to-Net-Current-Asset-Value falls into.



SAF Special Steel PCL Net Current Asset Value Calculation

SAF Special Steel PCL'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)
=(201.628-125.898-0-0)/300
=0.25

SAF Special Steel PCL's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(187.346-105.676-0-0)/300
=0.27

* 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.


SAF Special Steel PCL  (BKK:SAF) 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.


SAF Special Steel PCL Net Current Asset Value Related Terms

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SAF Special Steel PCL Business Description

Traded in Other Exchanges
N/A
Address
Bangkhunthien-Chytalay road, 110 Thientalay 24, Ta-kam, Bankhunthien, Bangkok, THA, 10150
SAF Special Steel PCL is engaged in the sales and processing of special-grade steel for various industrial applications. The principal activities of the Company are import and distribution including steel products for industrial and distribution tooling, equipment parts and band saw machines and manufacture of molds & dies and vacuum hardening services.

SAF Special Steel PCL Headlines

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