Fact (FCTI) Net Current Asset Value: $-0.04 (As of Oct. 2021)


What is Fact Net Current Asset Value?

Fact FCTI -99.50% Net Current Asset Value is $-0.04 as of Oct. 2021.

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).

Fact's net current asset value per share for the quarter that ended in Oct. 2021 was $-0.04.

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

FCTI's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.83
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Fact  (OTCPK:FCTI) 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.


Fact Net Current Asset Value Related Terms


Fact Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Fact'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.

Fact Net Current Asset Value Chart

Fact Annual Data
Trend Jan18 Jan19 Jan20 Jan21
Net Current Asset Value
0.00 0.00 0.00 -0.01

Fact Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 0.00 -0.01 -0.01 -0.03 -0.04

FCTI vs DIGAF, NDVN, ATYG: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Fact'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.


Fact Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Fact's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Fact Net Current Asset Value Calculation

Fact's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2021 is calculated as

Net Current Asset Value Per Share(A: Jan. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.012-0.664-0-0)/54.217
=-0.01

Fact's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2021 is calculated as

Net Current Asset Value Per Share(Q: Oct. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.001-2.193-0-0)/55.217
=-0.04

* 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 $-0.04 mean?
Fact (FCTI) has a Net Current Asset Value of $-0.04 as of Oct. 2021. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Fact and its competitors.
Is Fact's Net Current Asset Value too high?
Fact's current Net Current Asset Value is $-0.04.
How does Fact's Net Current Asset Value compare to DIGAF and NDVN?
Fact's Net Current Asset Value of $-0.04 can be compared against companies in the Software industry. The industry median Net Current Asset Value is 4.83. 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 Software company?
The median Net Current Asset Value among Software companies is 4.83, based on 1,755 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 Fact and its competitors. For the Software industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fact's current Net Current Asset Value is $-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fact stock overvalued right now?
Fact (FCTI) has a current Net Current Asset Value of $-0.04. The current Net Current Asset Value is $-0.04. 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 Fact (FCTI), the current Net Current Asset Value is $-0.04 as of Oct. 2021. 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.

Fact Business Description

Address 2 Toronto street, Suite 231, Toronto, ON, CAN, M5C 2B5
Fact Inc is a forensic technology company. The company uses forensic technology to validate the authenticity of artworks and paintings. The technology helps to verify whether art is an original or a forgery.