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Industrials REIT (FRA:50L) Net Current Asset Value : €-0.54 (As of Sep. 2022)


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What is Industrials REIT 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).

Industrials REIT's net current asset value per share for the quarter that ended in Sep. 2022 was €-0.54.

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

FRA:50L's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.575
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Industrials REIT Net Current Asset Value Historical Data

The historical data trend for Industrials REIT'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.

Industrials REIT Net Current Asset Value Chart

Industrials REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -0.71 -0.83 -0.11 -0.45 -0.55

Industrials REIT Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 -0.22 -0.45 -0.30 -0.55 -0.54

Competitive Comparison of Industrials REIT's Net Current Asset Value

For the REIT - Industrial subindustry, Industrials REIT'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.


Industrials REIT's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Industrials REIT's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Industrials REIT Net Current Asset Value Calculation

Industrials REIT's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2022 is calculated as

Net Current Asset Value Per Share(A: Mar. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(77.722-239.499-0-0)/292.254
=-0.55

Industrials REIT's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(74.509-234.558-0-0)/294.517
=-0.54

* 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.


Industrials REIT  (FRA:50L) 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.


Industrials REIT Net Current Asset Value Related Terms

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Industrials REIT (FRA:50L) Business Description

Traded in Other Exchanges
N/A
Address
180 Great Portland Street, 3rd Floor, London, GBR, W1W 5QZ
Industrials REIT Ltd specializes in the ownership and operation of UK multi-let industrial (MLI) property. Its purpose is to revolutionize the MLI sector in the UK for the benefit of stakeholders.

Industrials REIT (FRA:50L) Headlines

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