Tanga Cement (DAR:TCPLC) Net Current Asset Value: TZS0.00 (As of . 20)

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DAR:TCPLC Tanga Cement PLC DAR:TCPLC
33 GF Score
Price TZS3,470.00
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What is Tanga Cement Net Current Asset Value?

Tanga Cement DAR:TCPLC +3.10% 33 Net Current Asset Value is TZS0.00 as of . 20. GuruFocus rates DAR:TCPLC with a GF Score™ of 33/100. Among 178 Building Materials companies, Tanga Cement ranks worse than 561797.19% on this metric.

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).

Tanga Cement's net current asset value per share for the quarter that ended in . 20 was TZS0.00.

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

DAR:TCPLC's Price-to-Net-Current-Asset-Value is not ranked *
in the Building Materials industry.
Industry Median: 4.18
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Tanga Cement  (DAR:TCPLC) 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.


Tanga Cement Net Current Asset Value Related Terms


Tanga Cement Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tanga Cement'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.

Tanga Cement Net Current Asset Value Chart

Tanga Cement Annual Data
Trend
Net Current Asset Value

Tanga Cement Semi-Annual Data
Net Current Asset Value

DAR:TCPLC vs : Net Current Asset Value Comparison

For the Building Materials subindustry, Tanga Cement'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.


Tanga Cement Price-to-Net-Current-Asset-Value vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tanga Cement's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


DAR:TCPLC
33GF Score
Tanga Cement PLC DAR:TCPLC
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tanga Cement Net Current Asset Value Calculation

Tanga Cement's Net Current Asset Value (NCAV) per share for the fiscal year that ended in . 20 is calculated as

Net Current Asset Value Per Share(A: . 20 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(-N/A--)/0
=N/A

Tanga Cement's Net Current Asset Value (NCAV) per share for the quarter that ended in . 20 is calculated as

Net Current Asset Value Per Share(Q: . 20 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(-N/A--)/0
=N/A

* 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.

What does a Net Current Asset Value of TZS0.00 mean?
Tanga Cement (DAR:TCPLC) has a Net Current Asset Value of TZS0.00 as of . 20. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tanga Cement and its competitors. According to the industry distribution chart, Tanga Cement ranks #999999 out of 178 companies in the Building Materials industry.
Is Tanga Cement's Net Current Asset Value too high?
Tanga Cement's current Net Current Asset Value is TZS0.00. Based on the distribution chart, Tanga Cement ranks #999999 out of 178 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tanga Cement has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Tanga Cement's Net Current Asset Value compare to ?
According to the Building Materials industry distribution chart, Tanga Cement ranks #999999 out of 178 companies for Net Current Asset Value. This places Tanga Cement in the lower half of its industry. The industry median Net Current Asset Value is 4.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Building Materials company?
The median Net Current Asset Value among Building Materials companies is 4.18, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tanga Cement and its competitors. For the Building Materials industry, the median Net Current Asset Value is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanga Cement's current Net Current Asset Value is TZS0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanga Cement stock overvalued right now?
Tanga Cement (DAR:TCPLC) has a current Net Current Asset Value of TZS0.00. The current Net Current Asset Value is TZS0.00. Tanga Cement's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Tanga Cement (DAR:TCPLC), the current Net Current Asset Value is TZS0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tanga Cement Business Description

Comparable Companies
Address Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA
Tanga Cement PLC formerly Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.
33GF Score

Get the complete analysis for DAR:TCPLC

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TZS3,470.00
Price