What is Plus Group Holdings 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).
Plus Group Holdings's net current asset value per share for the quarter that ended in Jun. 2024 was HK$4.38.
The historical rank and industry rank for Plus Group Holdings's Net Current Asset Value or its related term are showing as below:
HKSE:02486'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.54 Med: 1.08 Max: 1.91
Current: 1.85
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Plus Group Holdings was 1.91. The lowest was 0.54. And the median was 1.08.
HKSE:02486's Price-to-Net-Current-Asset-Value is ranked better than 69.22% of 536
companies
in the Media - Diversified industry
Industry Median: 3.625
vs HKSE:02486: 1.85
Plus Group Holdings Net Current Asset Value Historical Data
The historical data trend for Plus Group Holdings'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.
Competitive Comparison of Plus Group Holdings's Net Current Asset Value
For the Advertising Agencies subindustry, Plus Group Holdings'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.
Plus Group Holdings's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Plus Group Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Plus Group Holdings's Price-to-Net-Current-Asset-Value falls into.
Plus Group Holdings Net Current Asset Value Calculation
Plus Group Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Plus Group Holdings (HKSE:02486) 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 Grahams 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.
Plus Group Holdings Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Plus Group Holdings's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on FMCG brand owners. Its services focus at digitalizing and systemizing offline commerce. The company offers four types of services, including Customised marketing solution, Tasks and marketers matching service, Marketers assignment service, and SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the Customised marketing solution. The Customised marketing solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02486 has been successfully added to your