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KJMCorate Advisors (India) (BOM:532304) Net Current Asset Value : ₹5.98 (As of Mar. 2024)


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What is KJMCorate Advisors (India) 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).

KJMCorate Advisors (India)'s net current asset value per share for the quarter that ended in Mar. 2024 was ₹5.98.

The historical rank and industry rank for KJMCorate Advisors (India)'s Net Current Asset Value or its related term are showing as below:

BOM:532304' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.19   Med: 0.42   Max: 11.03
Current: 11.03

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of KJMCorate Advisors (India) was 11.03. The lowest was 0.19. And the median was 0.42.

BOM:532304's Price-to-Net-Current-Asset-Value is ranked worse than
81.1% of 471 companies
in the Capital Markets industry
Industry Median: 2.99 vs BOM:532304: 11.03

KJMCorate Advisors (India) Net Current Asset Value Historical Data

The historical data trend for KJMCorate Advisors (India)'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.

KJMCorate Advisors (India) Net Current Asset Value Chart

KJMCorate Advisors (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.36 83.19 90.92 76.15 5.98

KJMCorate Advisors (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 76.15 - 2.07 - 5.98

Competitive Comparison of KJMCorate Advisors (India)'s Net Current Asset Value

For the Capital Markets subindustry, KJMCorate Advisors (India)'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.


KJMCorate Advisors (India)'s Price-to-Net-Current-Asset-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, KJMCorate Advisors (India)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where KJMCorate Advisors (India)'s Price-to-Net-Current-Asset-Value falls into.



KJMCorate Advisors (India) Net Current Asset Value Calculation

KJMCorate Advisors (India)'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(A: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(84.549-61.052-0-0)/3.92644
=5.98

KJMCorate Advisors (India)'s Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(84.549-61.052-0-0)/3.92644
=5.98

* 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.


KJMCorate Advisors (India)  (BOM:532304) 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.


KJMCorate Advisors (India) Net Current Asset Value Related Terms

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KJMCorate Advisors (India) (BOM:532304) Business Description

Traded in Other Exchanges
N/A
Address
162, Atlanta, 16th Floor, Nariman Point, Mumbai, MH, IND, 400021
KJMC Corporate Advisors (India) Ltd provides merchant banking services. The company is in the business of providing Corporate Advisory, Financial Advisory, Equity Valuation, and Investment Banking services It offers various services to the corporate sector which include merchant banking, mergers, and acquisition advisory services, syndication of funds, syndication of debt, and channel financing. The company operates with a single business segment of merchant banking operations in India. The company's revenue is generated from the Sale of Services, Brokerage and Depository Income, sale of Shares / Mutual Funds, Fair Value Changes, and Interest Income; the majority being from Brokerage and depository Income.

KJMCorate Advisors (India) (BOM:532304) Headlines

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