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).
Eve Holding's net current asset value per share for the quarter that ended in Dec. 2024 was $0.40.
The historical rank and industry rank for Eve Holding's Net Current Asset Value or its related term are showing as below:
EVEX'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.79 Med: 12.2 Max: 13.6
Current: 9.7
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Eve Holding was 13.60. The lowest was 6.79. And the median was 12.20.
EVEX's Price-to-Net-Current-Asset-Value is ranked worse than 55.29% of 170
companies
in the Aerospace & Defense industry
Industry Median: 8.905
vs EVEX: 9.70
Eve Holding Net Current Asset Value Historical Data
The historical data trend for Eve Holding'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.
Competitive Comparison of Eve Holding's Net Current Asset Value
For the Aerospace & Defense subindustry, Eve Holding'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.
Eve Holding's Price-to-Net-Current-Asset-Value Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Eve Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Eve Holding's Price-to-Net-Current-Asset-Value falls into.
* 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.
Eve Holding (NYSE:EVEX) 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 Grahams 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.
Eve Holding Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Eve Holding's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Eve Holding Inc is a provider of Urban Air Mobility solutions. The company's operating segments are; eVTOL that includes; the design and production of electric vertical take-off and landing vehicles (eVTOLs) including fixed wing and helicopter operators, as well as lessors that purchase and manage aircraft on behalf of operators; Service and Operations Solutions segment which includes a portfolio of maintenance and support services focused on its and third-party eVTOLs; and the UATM segment , a new Urban Air Traffic Management system designed to allow eVTOLs to operate safely and efficiently in dense urban airspace alongside conventional aircraft and drones.
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