DBMG (DBM Global) Net Current Asset Value: $4.58 (As of Dec. 2013)


What is DBM Global Net Current Asset Value?

DBM Global DBMG +7.14% Net Current Asset Value is $4.58 as of Dec. 2013.

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).

DBM Global's net current asset value per share for the quarter that ended in Dec. 2013 was $4.58.

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

DBMG's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 3.25
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

DBM Global  (OTCPK:DBMG) 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.


DBM Global Net Current Asset Value Related Terms


DBM Global Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for DBM Global'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.

DBM Global Net Current Asset Value Chart

DBM Global Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec11 Dec12 Dec13
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 8.29 -0.28 0.95 4.58

DBM Global Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec11 Dec12 Dec13
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 1.28 8.29 -0.28 0.95 4.58

DBM Global Net Current Asset Value Competitor Comparison

For the Engineering & Construction subindustry, DBM Global'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.


DBM Global Price-to-Net-Current-Asset-Value vs Construction Industry

For the Construction industry and Industrials sector, DBM Global's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



DBM Global Net Current Asset Value Calculation

DBM Global's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2013 is calculated as

Net Current Asset Value Per Share(A: Dec. 2013 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(144.882-121.305-4.307-0)/4.203
=4.58

DBM Global's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2013 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2013 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(144.882-121.305-4.307-0)/4.203
=4.58

* 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 $4.58 mean?
DBM Global (DBMG) has a Net Current Asset Value of $4.58 as of Dec. 2013. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on DBM Global and its competitors.
Is DBM Global's Net Current Asset Value too high?
DBM Global's current Net Current Asset Value is $4.58. The Construction industry median Net Current Asset Value is 3.25. DBM Global's value of $4.58 is 40.9% above this industry median.
How does DBM Global's Net Current Asset Value compare to competitors?
DBM Global's Net Current Asset Value of $4.58 can be compared against companies in the Construction industry. The industry median Net Current Asset Value is 3.25. DBM Global's value of $4.58 is 40.9% above this benchmark. 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.25, based on 1,057 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. DBM Global's current Net Current Asset Value of $4.58 is 40.9% above the industry median. 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 DBM Global and its competitors. For the Construction industry, the median Net Current Asset Value is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DBM Global's current Net Current Asset Value is $4.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DBM Global stock overvalued right now?
DBM Global (DBMG) has a current Net Current Asset Value of $4.58. The current Net Current Asset Value is $4.58 and 40.9% above the Construction industry median of 3.25. 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 DBM Global (DBMG), the current Net Current Asset Value is $4.58 as of Dec. 2013. 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.

DBM Global Business Description

Address 3020 E Camelback Road, Suite 100, Phoenix, AZ, USA, 85016
DBM Global Inc is a United States-based company engaged in providing construction and superior asset management solutions. It offers integrated steel construction services from a single source and professional services that include design-assist, design-build, engineering, BIM participation, 3D steel modeling/detailing, fabrication, and advanced field erection. The portfolio of the companies includes Schuff Steel Company, Schuff Steel Management Company, PDC, BDS VirCon and Aitken Manufacturing.