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Bowler Metcalf (JSE:BCF) Net Current Asset Value : R5.79 (As of Jun. 2024)


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What is Bowler Metcalf 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).

Bowler Metcalf's net current asset value per share for the quarter that ended in Jun. 2024 was R5.79.

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

JSE:BCF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.04   Med: 1.83   Max: 3.07
Current: 2.25

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bowler Metcalf was 3.07. The lowest was 1.04. And the median was 1.83.

JSE:BCF's Price-to-Net-Current-Asset-Value is ranked better than
72.48% of 218 companies
in the Packaging & Containers industry
Industry Median: 4.665 vs JSE:BCF: 2.25

Bowler Metcalf Net Current Asset Value Historical Data

The historical data trend for Bowler Metcalf'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.

Bowler Metcalf Net Current Asset Value Chart

Bowler Metcalf Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.95 5.09 5.33 5.52 5.79

Bowler Metcalf Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 5.33 5.27 5.52 5.56 5.79

Competitive Comparison of Bowler Metcalf's Net Current Asset Value

For the Packaging & Containers subindustry, Bowler Metcalf'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.


Bowler Metcalf's Price-to-Net-Current-Asset-Value Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bowler Metcalf's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Bowler Metcalf Net Current Asset Value Calculation

Bowler Metcalf's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(A: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(514.258-116.013-0-0)/68.7632
=5.79

Bowler Metcalf's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(514.258-116.013-0-0)/68.7632
=5.79

* 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.


Bowler Metcalf  (JSE:BCF) 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.


Bowler Metcalf Net Current Asset Value Related Terms

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Bowler Metcalf Business Description

Traded in Other Exchanges
N/A
Address
Harris Drive, PO Box 92, Ottery, Cape Town, WC, ZAF, 7800
Bowler Metcalf Ltd is engaged in the business of containers and packaging. The company's operating segment includes Plastic Packaging and Property Investment. It generates maximum revenue from the Plastic Packaging segment. The plastics division specializes in the manufacture of rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets. Its mode of manufacture comprises injection and blow molding, extrusion and injection stretch blow molding.

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