GNRD (General DataComm Industries) Net Current Asset Value: $-11.37 (As of Jun. 2010)

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What is General DataComm Industries Net Current Asset Value?

General DataComm Industries GNRD Net Current Asset Value is $-11.37 as of Jun. 2010.

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).

General DataComm Industries's net current asset value per share for the quarter that ended in Jun. 2010 was $-11.37.

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

GNRD's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.34
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

General DataComm Industries  (OTCPK:GNRD) 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.


General DataComm Industries Net Current Asset Value Related Terms


General DataComm Industries Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for General DataComm Industries'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.

General DataComm Industries Net Current Asset Value Chart

General DataComm Industries Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep05 Sep06 Sep07 Sep08 Sep09
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.65 -9.79 -8.78 -9.41 -10.66

General DataComm Industries Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 -10.36 -10.66 -10.88 -11.16 -11.37

GNRD vs OSAT, GTXO, DGDM: Net Current Asset Value Comparison

For the Communication Equipment subindustry, General DataComm Industries'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.


General DataComm Industries Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, General DataComm Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



General DataComm Industries Net Current Asset Value Calculation

General DataComm Industries's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2009 is calculated as

Net Current Asset Value Per Share(A: Sep. 2009 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.101-46.269-0-0.782)/4.122
=-10.66

General DataComm Industries's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2010 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2010 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.352-48.468-0-0.777)/4.123
=-11.37

* 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 $-11.37 mean?
General DataComm Industries (GNRD) has a Net Current Asset Value of $-11.37 as of Jun. 2010. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on General DataComm Industries and its competitors.
Is General DataComm Industries' Net Current Asset Value too high?
General DataComm Industries' current Net Current Asset Value is $-11.37.
How does General DataComm Industries' Net Current Asset Value compare to OSAT and GTXO?
General DataComm Industries' Net Current Asset Value of $-11.37 can be compared against companies in the Hardware industry. The industry median Net Current Asset Value is 5.34. 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.34, based on 1,831 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 General DataComm Industries and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General DataComm Industries's current Net Current Asset Value is $-11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General DataComm Industries stock overvalued right now?
General DataComm Industries (GNRD) has a current Net Current Asset Value of $-11.37. The current Net Current Asset Value is $-11.37. 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 General DataComm Industries (GNRD), the current Net Current Asset Value is $-11.37 as of Jun. 2010. 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.

General DataComm Industries Business Description

Address 6 Rubber Avenue, Naugatuck, CT, USA, 06770
General DataComm Industries Inc is a provider of networking and telecommunications products, services and solutions. The company is focused on providing multi-service provisioning solutions using multi-service access and switching products.