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Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Net Current Asset Value : ₺0.27 (As of Dec. 2013)


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What is Kent Gida Maddelerinayii 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).

Kent Gida Maddelerinayii Ve Ticaret AS's net current asset value per share for the quarter that ended in Dec. 2013 was ₺0.27.

The historical rank and industry rank for Kent Gida Maddelerinayii Ve Ticaret AS's Net Current Asset Value or its related term are showing as below:

IST:KENT's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.755
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Kent Gida Maddelerinayii Ve Ticaret AS Net Current Asset Value Historical Data

The historical data trend for Kent Gida Maddelerinayii 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.

Kent Gida Maddelerinayii Ve Ticaret AS Net Current Asset Value Chart

Kent Gida Maddelerinayii Ve Ticaret AS 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 0.32 0.05 0.14 0.27 0.27

Kent Gida Maddelerinayii Ve Ticaret AS Quarterly Data
Dec02 Dec03 Dec04 Sep07 Dec07 Sep08 Dec08 Dec09 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Sep13 Dec13
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 0.33 0.27 0.22 0.33 0.27

Competitive Comparison of Kent Gida Maddelerinayii Ve Ticaret AS's Net Current Asset Value

For the Confectioners subindustry, Kent Gida Maddelerinayii 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.


Kent Gida Maddelerinayii Ve Ticaret AS's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kent Gida Maddelerinayii Ve Ticaret AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Kent Gida Maddelerinayii Ve Ticaret AS's Price-to-Net-Current-Asset-Value falls into.



Kent Gida Maddelerinayii Ve Ticaret AS Net Current Asset Value Calculation

Kent Gida Maddelerinayii Ve Ticaret AS'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)
=(258.551-199.337-0-0)/219.377
=0.27

Kent Gida Maddelerinayii Ve Ticaret AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2013 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2013 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(258.551-199.337-0-0)/219.377
=0.27

* 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.


Kent Gida Maddelerinayii Ve Ticaret AS  (IST:KENT) 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.


Kent Gida Maddelerinayii Ve Ticaret AS Net Current Asset Value Related Terms

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Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Business Description

Traded in Other Exchanges
N/A
Address
Cumhuriyet Mah 2253, Sokak No.11, Gebze, Kocaeli, Istanbul, TUR, 41400
Kent Gida Maddeleri Sanayii Ve Ticaret AS operates as a confectionery company. It produces as well as sells candy, chewing gums and chocolates, coffee, salty cookies and powdered beverages. The products of the company are offered under various brands such as Barni, Bubblicious, Milka, Toblerone, Bonibon, tofita, Olips, poptip, and others. Geographically the operations are carried out through Turkey.

Kent Gida Maddelerinayii Ve Ticaret AS (IST:KENT) Headlines

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