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Gediz Ambalajnayi ve Ticaret AS (IST:GEDZA) Net Current Asset Value : ₺3.32 (As of Mar. 2024)


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What is Gediz Ambalajnayi ve Ticaret AS 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).

Gediz Ambalajnayi ve Ticaret AS's net current asset value per share for the quarter that ended in Mar. 2024 was ₺3.32.

The historical rank and industry rank for Gediz Ambalajnayi ve Ticaret AS's Net Current Asset Value or its related term are showing as below:

IST:GEDZA's Price-to-Net-Current-Asset-Value is not ranked *
in the Chemicals industry.
Industry Median: 4.995
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Gediz Ambalajnayi ve Ticaret AS Net Current Asset Value Historical Data

The historical data trend for Gediz Ambalajnayi ve Ticaret AS'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.

Gediz Ambalajnayi ve Ticaret AS Net Current Asset Value Chart

Gediz Ambalajnayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23
Net Current Asset Value
2.07 2.83 2.89

Gediz Ambalajnayi ve Ticaret AS Quarterly Data
Jun13 Sep13 Jun14 Sep14 Sep15 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 3.35 4.01 2.89 3.32

Competitive Comparison of Gediz Ambalajnayi ve Ticaret AS's Net Current Asset Value

For the Specialty Chemicals subindustry, Gediz Ambalajnayi ve Ticaret AS'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.


Gediz Ambalajnayi ve Ticaret AS's Price-to-Net-Current-Asset-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gediz Ambalajnayi ve Ticaret AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Gediz Ambalajnayi ve Ticaret AS's Price-to-Net-Current-Asset-Value falls into.


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Gediz Ambalajnayi ve Ticaret AS Net Current Asset Value Calculation

Gediz Ambalajnayi ve Ticaret AS's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(396.979-195.101-67.258-0)/46.656
=2.89

Gediz Ambalajnayi ve Ticaret AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(468.833-223.978-89.888-0)/46.656
=3.32

* 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.


Gediz Ambalajnayi ve Ticaret AS  (IST:GEDZA) 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.


Gediz Ambalajnayi ve Ticaret AS Net Current Asset Value Related Terms

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Gediz Ambalajnayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Highway 3 Km, Kutahya, Gediz, TUR, 43600
Gediz Ambalaj Sanayi ve Ticaret AS is a manufacturer of corrugated polypropylene (PP) sheet in Turkey. Its PP sheets are used in various applications, such as separators, white appliances and electronics, automotive products, logistic products, iron works, stationery products, project bags, magazine boxes, archive boxes, vegetable and fruit boxes, multipurpose boxes, recycling bins, signboards and stands, agricultural products, flower boxes, pet kennels, beehives, greenhouses, sapling shield products, and building and isolation products.

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