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Fundo DE Investimento Imobiliario BTG Pactual Shoppings (BSP:BPML11) Net Current Asset Value : R$5.92 (As of Jun. 2024)


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What is Fundo DE Investimento Imobiliario BTG Pactual Shoppings 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).

Fundo DE Investimento Imobiliario BTG Pactual Shoppings's net current asset value per share for the quarter that ended in Jun. 2024 was R$5.92.

The historical rank and industry rank for Fundo DE Investimento Imobiliario BTG Pactual Shoppings's Net Current Asset Value or its related term are showing as below:

BSP:BPML11' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13.51   Med: 16.22   Max: 16.22
Current: 13.52

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fundo DE Investimento Imobiliario BTG Pactual Shoppings was 16.22. The lowest was 13.51. And the median was 16.22.

BSP:BPML11's Price-to-Net-Current-Asset-Value is ranked worse than
64.66% of 116 companies
in the REITs industry
Industry Median: 6.69 vs BSP:BPML11: 13.52

Fundo DE Investimento Imobiliario BTG Pactual Shoppings Net Current Asset Value Historical Data

The historical data trend for Fundo DE Investimento Imobiliario BTG Pactual Shoppings'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.

Fundo DE Investimento Imobiliario BTG Pactual Shoppings Net Current Asset Value Chart

Fundo DE Investimento Imobiliario BTG Pactual Shoppings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Net Current Asset Value
-96.13 -94.66 -94.64 -96.45 5.92

Fundo DE Investimento Imobiliario BTG Pactual Shoppings Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24
Net Current Asset Value -96.13 -94.66 -94.64 -96.45 5.92

Competitive Comparison of Fundo DE Investimento Imobiliario BTG Pactual Shoppings's Net Current Asset Value

For the REIT - Retail subindustry, Fundo DE Investimento Imobiliario BTG Pactual Shoppings'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.


Fundo DE Investimento Imobiliario BTG Pactual Shoppings's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario BTG Pactual Shoppings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario BTG Pactual Shoppings's Price-to-Net-Current-Asset-Value falls into.


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Fundo DE Investimento Imobiliario BTG Pactual Shoppings Net Current Asset Value Calculation

Fundo DE Investimento Imobiliario BTG Pactual Shoppings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(A: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(260.505-216.458-0-0)/7.442
=5.92

Fundo DE Investimento Imobiliario BTG Pactual Shoppings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(260.505-216.458-0-0)/7.442
=5.92

* 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.


Fundo DE Investimento Imobiliario BTG Pactual Shoppings  (BSP:BPML11) 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.


Fundo DE Investimento Imobiliario BTG Pactual Shoppings Net Current Asset Value Related Terms

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Fundo DE Investimento Imobiliario BTG Pactual Shoppings Business Description

Traded in Other Exchanges
N/A
Address
Botafogo Beach, 501, 5th Floor, Rio de Janeiro, RJ, BRA, 22250040
Fundo DE Investimento Imobiliario BTG Pactual Shoppings, formely BTG Pactual Shopping FII invests in enterprises real estate characterized as Shopping Centers, for exploration commercial via rental or subsequent sale. Its object is to invest in real estate developments, through the acquisition of ready and properly built real estate developments, land or properties under construction, aimed at institutional or commercial use, whether through the acquisition of the total or ideal fraction of each asset, for subsequent sale or lease by means of a contract, in the built to suit or sale and leaseback modality.

Fundo DE Investimento Imobiliario BTG Pactual Shoppings Headlines

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