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Frontier Transport Holdings (JSE:FTH) Net Current Asset Value : R-1.01 (As of Mar. 2025)


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What is Frontier Transport 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).

Frontier Transport Holdings's net current asset value per share for the quarter that ended in Mar. 2025 was R-1.01.

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

JSE:FTH's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.25
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Frontier Transport Holdings Net Current Asset Value Historical Data

The historical data trend for Frontier Transport 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.

* Premium members only.

Frontier Transport Holdings Net Current Asset Value Chart

Frontier Transport Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -1.45 -0.69 -0.23 -1.16 -1.01

Frontier Transport Holdings Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 -0.23 -0.17 -1.16 -0.96 -1.01

Competitive Comparison of Frontier Transport Holdings's Net Current Asset Value

For the Railroads subindustry, Frontier Transport 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.


Frontier Transport Holdings's Price-to-Net-Current-Asset-Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Frontier Transport Holdings's Price-to-Net-Current-Asset-Value falls into.


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Frontier Transport Holdings Net Current Asset Value Calculation

Frontier Transport Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(857.582-1146.327-7.047-0)/292.843
=-1.01

Frontier Transport Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(857.582-1146.327-7.047-0)/292.843
=-1.01

* 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.


Frontier Transport Holdings  (JSE:FTH) 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.


Frontier Transport Holdings Net Current Asset Value Related Terms

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Frontier Transport Holdings Business Description

Traded in Other Exchanges
N/A
Address
103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460
Frontier Transport Holdings Ltd is an investment entity tailored to consolidate and expand opportunities in the mobility and logistics sectors. The company through its subsidiary provides a scheduled commuter bus operator in the Cape Metropole. The company provides services such as Public Transport, School & Private Tours, Luxury Coaches, Shuttle Services, and Parts & Spares Sales.

Frontier Transport Holdings Headlines

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