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Exemplar REITail (JSE:EXP) Net Current Asset Value : R-12.62 (As of Aug. 2024)


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What is Exemplar REITail 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).

Exemplar REITail's net current asset value per share for the quarter that ended in Aug. 2024 was R-12.62.

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

JSE:EXP's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 6.25
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Exemplar REITail Net Current Asset Value Historical Data

The historical data trend for Exemplar REITail'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.

Exemplar REITail Net Current Asset Value Chart

Exemplar REITail Annual Data
Trend Feb15 Feb16 Feb17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -6.82 -8.90 -8.69 -10.74 -11.62

Exemplar REITail Semi-Annual Data
Feb15 Feb16 Feb17 Aug17 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 -9.40 -10.74 -11.18 -11.62 -12.62

Competitive Comparison of Exemplar REITail's Net Current Asset Value

For the REIT - Retail subindustry, Exemplar REITail'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.


Exemplar REITail's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Exemplar REITail's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Exemplar REITail Net Current Asset Value Calculation

Exemplar REITail's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(A: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(150.271-3761.239-249.003-0)/332.291
=-11.62

Exemplar REITail's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2024 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(174.879-4099.421-270.344-0)/332.291
=-12.62

* 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.


Exemplar REITail  (JSE:EXP) 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.


Exemplar REITail Net Current Asset Value Related Terms

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Exemplar REITail Business Description

Traded in Other Exchanges
N/A
Address
204 Von Willich Avenue, Clubview, Centurion, Gauteng, ZAF, 0157
Exemplar REITail Ltd is a real estate investment trust which develops, owns, and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders a unique investment opportunity.