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Move (FRA:HMZN) Net Current Asset Value : €-0.03 (As of Sep. 2014)


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What is Move 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).

Move's net current asset value per share for the quarter that ended in Sep. 2014 was €-0.03.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Move was 298.75. The lowest was 0.00. And the median was 37.14.

FRA:HMZN's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 4.07
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Move Net Current Asset Value Historical Data

The historical data trend for Move'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.

Move Net Current Asset Value Chart

Move Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.56 0.38 -0.47 0.14 0.20

Move Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.20 0.20 0.14 0.13 -0.03

Competitive Comparison of Move's Net Current Asset Value

For the Internet Content & Information subindustry, Move'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.


Move's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Move's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Move Net Current Asset Value Calculation

Move'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)
=(101.209-93.41-0-0)/39.482
=0.20

Move's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2014 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2014 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(105.925-107.077-0-0)/40.527
=-0.03

* 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.


Move  (FRA:HMZN) 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.


Move Net Current Asset Value Related Terms

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Move (FRA:HMZN) Business Description

Traded in Other Exchanges
N/A
Address
Move, Inc. was incorporated in the State of Delaware in 1993 under the name of InfoTouch Corporation. The Company and its subsidiaries operate an online network of websites for real estate information marketplace connecting consumers with the information and the expertise they need to make informed home buying, selling, financing and renting decisions. It provides consumers with a powerful combination of breadth, depth and accuracy of information about homes for sale, new construction, homes for rent, multi-family rental properties, senior living communities, home financing, home improvement and moving resources. Its flagship consumer web sites are REALTOR.com, Move.com and Moving.comTM. The Company also supplies management software and marketing services for real estate agents and brokers through its Top Producer and TigerLead businesses. The Company categorizes its products and services into two groups: Consumer Advertising and Software and Services. The Company's Consumer Advertising products are focused on providing real estate consumers with the information, tools and professional expertise they need to make informed home buying, selling, financing and renting decisions through its operation of realtor.com and other consumer-facing web sites. Realtor.com is the official web site of the National Association of Realtors (the "NAR"), the largest trade association in the U.S. that represents residential and commercial real estate professionals, including brokers, agents, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. The Company's Software and Services products are committed to delivering valuable connections to real estate professionals by providing them with advertising systems, productivity and management tools, and reporting with the goal of helping to make them more successful. It separately operates several other websites providing single family and multi-family rental listings, senior housing and moving-related content and services to its consumer audience. Realtor.com competes in a highly fragmented and highly complex local real estate marketplace. Competition within realtor.com falls into two general categories: (i) online real estate media companies; and (ii) offline advertising offerings, including newspaper classifieds, direct mail and other traditional offline media. The Company has nine patents issued in the U.S.

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