GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Commercial Vehicle Group Inc (NAS:CVGI) » Definitions » Net Current Asset Value

CVGI (Commercial Vehicle Group) Net Current Asset Value : $0.31 (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Commercial Vehicle Group 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).

Commercial Vehicle Group's net current asset value per share for the quarter that ended in Mar. 2025 was $0.31.

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

CVGI' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.61   Med: 17.24   Max: 47.94
Current: 4.11

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Commercial Vehicle Group was 47.94. The lowest was 3.61. And the median was 17.24.

CVGI's Price-to-Net-Current-Asset-Value is ranked better than
56.83% of 681 companies
in the Vehicles & Parts industry
Industry Median: 4.68 vs CVGI: 4.11

Commercial Vehicle Group Net Current Asset Value Historical Data

The historical data trend for Commercial Vehicle Group'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.

Commercial Vehicle Group Net Current Asset Value Chart

Commercial Vehicle Group 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 -1.55 -0.32 -0.32 0.52 0.42

Commercial Vehicle Group 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 0.67 0.38 0.90 0.42 0.31

Competitive Comparison of Commercial Vehicle Group's Net Current Asset Value

For the Auto Parts subindustry, Commercial Vehicle Group'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.


Commercial Vehicle Group's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Commercial Vehicle Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


;
;

Commercial Vehicle Group Net Current Asset Value Calculation

Commercial Vehicle Group'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)
=(303.3-288.981-0-0)/33.694
=0.42

Commercial Vehicle Group'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)
=(293.451-283.167-0-0)/33.693
=0.31

* 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.


Commercial Vehicle Group  (NAS:CVGI) 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.


Commercial Vehicle Group Net Current Asset Value Related Terms

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


Commercial Vehicle Group Business Description

Traded in Other Exchanges
Address
7800 Walton Parkway, New Albany, OH, USA, 43054
Commercial Vehicle Group Inc is a provider of systems, assemblies, and components to the commercial vehicle market and the electric vehicle markets. It delivers solutions to complex design, engineering, and manufacturing problems while creating positive change for customers, industries, and communities. Its operating segments are Vehicle Solutions, Electrical Systems, and Aftermarket and Accessories. The company makes the majority of its revenue from Vehicle Solutions. The group generates revenue from its products including seating systems, plastic components, electrical wire harnesses, mirrors, wipers, and other accessories. Its geographic regions are North America, Europe and Asia-Pacific.
Executives
Ray James R Jr director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
J Michael Nauman director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Robert C Griffin director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Wayne M Rancourt director 1111 WEST JEFFERSON STREET, SUITE 300, P O BOX 50, BOISE ID 83728
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Roger L Fix director
Chung Kin Cheung officer: EVP & CFO COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Aneezal H Mohamed officer: General Counsel, Cmp Ofc & Sec COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Richard Iii Tajer officer: SVP & Chief Commercial Officer COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Kristin S Mathers officer: Chief HR Officer COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Christopher H Bohnert officer: CFO & Chief Accounting Officer 2780 WATERFRONT PARKWAY EAST DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Harold C Bevis director 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
Ruth Gratzke director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Angela M O'leary other: VP, Controller & Ch Acct Offcr COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Edmund S Carney officer: Interim CFO COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054