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Summa Defence Oyj (FRA:5J4) Net Current Asset Value : €-0.02 (As of Dec. 2024)


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What is Summa Defence Oyj 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).

Summa Defence Oyj's net current asset value per share for the quarter that ended in Dec. 2024 was €-0.02.

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

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Summa Defence Oyj was 137.04. The lowest was 1.61. And the median was 8.99.

FRA:5J4's Price-to-Net-Current-Asset-Value is not ranked *
in the Aerospace & Defense industry.
Industry Median: 9.84
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Summa Defence Oyj Net Current Asset Value Historical Data

The historical data trend for Summa Defence Oyj'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.

Summa Defence Oyj Net Current Asset Value Chart

Summa Defence Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.03 -0.02 -0.01 -0.02

Summa Defence Oyj Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only -0.02 -0.02 -0.01 -0.01 -0.02

Competitive Comparison of Summa Defence Oyj's Net Current Asset Value

For the Aerospace & Defense subindustry, Summa Defence Oyj'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.


Summa Defence Oyj's Price-to-Net-Current-Asset-Value Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Summa Defence Oyj's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Summa Defence Oyj Net Current Asset Value Calculation

Summa Defence Oyj's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(19.731-26.19-7.993-0)/866.801
=-0.02

Summa Defence Oyj's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(19.731-26.19-7.993-0)/866.801
=-0.02

* 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.


Summa Defence Oyj  (FRA:5J4) 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.


Summa Defence Oyj Net Current Asset Value Related Terms

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Summa Defence Oyj Business Description

Traded in Other Exchanges
Address
Eerikinkatu 26, Turku, FIN, 20100
Meriaura Group PLC is a Finland-based company engaged in three businesses Renewable Energy, Recycled biofuels and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company derives maximum revenue from Marine logistics.

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