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CHX (ChampionX) Net Current Asset Value : $0.97 (As of Mar. 2025)


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What is ChampionX 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).

ChampionX's net current asset value per share for the quarter that ended in Mar. 2025 was $0.97.

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

CHX' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 27.13   Med: 30.72   Max: 30.72
Current: 27.14

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of ChampionX was 30.72. The lowest was 27.13. And the median was 30.72.

CHX's Price-to-Net-Current-Asset-Value is ranked worse than
90.97% of 299 companies
in the Oil & Gas industry
Industry Median: 3.81 vs CHX: 27.14

ChampionX Net Current Asset Value Historical Data

The historical data trend for ChampionX'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.

ChampionX Net Current Asset Value Chart

ChampionX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.91 -1.49 -0.98 -0.73 -0.31

ChampionX Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.72 -0.52 -0.66 -0.31 0.97

Competitive Comparison of ChampionX's Net Current Asset Value

For the Oil & Gas Equipment & Services subindustry, ChampionX'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.


ChampionX's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ChampionX's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where ChampionX's Price-to-Net-Current-Asset-Value falls into.


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ChampionX Net Current Asset Value Calculation

ChampionX's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1563.897-1639.074--15.259-0)/190.700
=-0.31

ChampionX's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1768.789-1595.696--12.032-0)/191.431
=0.97

* 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.


ChampionX  (NAS:CHX) 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.


ChampionX Net Current Asset Value Related Terms

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


ChampionX Business Description

Industry
Traded in Other Exchanges
N/A
Address
2445 Technology Forest Boulevard, Building 4, 12th Floor, Suite 1200, The Woodlands, TX, USA, 77381
ChampionX provides chemical solutions and equipment for onshore and offshore oil and gas production. Its engineering expertise spans the well lifecycle, but the firm maintains a particular focus on the production phase. Key offerings include artificial lift services and drilling technologies, specializing in polycrystalline diamond cutter inserts. ChampionX was formed after Apergy acquired its chemical technologies business from Ecolab in 2020.
Executives
Deric D. Bryant officer: See remarks 1 ECOLAB PLACE, ST. PAUL MN 55102
William Jr. O'dell officer: See remarks 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Sivasankaran Somasundaram director, officer: President & CEO C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Elaine M Pickle director ONE ENERGY PLAZA, DETROIT MI 48226
Fierro A Carlos director 910 LOUISIANA STREET, HOUSTON TX 77002
Paul E Mahoney officer: See Remarks C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Antoine Marcos officer: VP, Corp Controller, CAO 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Stephen M. Todd director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 606515
Julia Wright officer: Senior VP, GC & Secretary C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Stuart D Porter director 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Jordan Zweig officer: SVP & Chief HR Officer 2445 TECHNOLOGY FOREST BOULEVARD, BUILDING 4, 12TH FLOOR, THE WOODLANDS TX 77381
Syed Raza officer: SVP & Chief Digital Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Amy Thompson Broussard officer: Senior VP & Chief HR Officer C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Shankar Annamalai officer: Senior VP Operations C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381