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Trematon Capital Investments (JSE:TMT) Net Current Asset Value : R-6.37 (As of Feb. 2024)


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What is Trematon Capital Investments 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).

Trematon Capital Investments's net current asset value per share for the quarter that ended in Feb. 2024 was R-6.37.

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

JSE:TMT's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.3
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Trematon Capital Investments Net Current Asset Value Historical Data

The historical data trend for Trematon Capital Investments'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.

Trematon Capital Investments Net Current Asset Value Chart

Trematon Capital Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.68 -5.83 -5.96 -6.20 -6.14

Trematon Capital Investments Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -6.34 -6.20 -6.04 -6.14 -6.37

Competitive Comparison of Trematon Capital Investments's Net Current Asset Value

For the Real Estate Services subindustry, Trematon Capital Investments'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.


Trematon Capital Investments's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

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

* The bar in red indicates where Trematon Capital Investments's Price-to-Net-Current-Asset-Value falls into.



Trematon Capital Investments Net Current Asset Value Calculation

Trematon Capital Investments's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2023 is calculated as

Net Current Asset Value Per Share(A: Aug. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(321.488-1527.45-180.062-0)/225.829
=-6.14

Trematon Capital Investments's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(208.255-1452.096-181.697-0)/223.886
=-6.37

* 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.


Trematon Capital Investments  (JSE:TMT) 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.


Trematon Capital Investments Net Current Asset Value Related Terms

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Trematon Capital Investments (JSE:TMT) Business Description

Traded in Other Exchanges
N/A
Address
42 Hans Strijdom Avenue, 3rd Floor, Aria North Wharf, Foreshore, Cape Town, WC, ZAF, 8001
Trematon Capital Investments Ltd operates as an investment holding company. The company's operating segment includes Property investments; Education; UK investments and Corporate and other. The company generates maximum revenue from the Property investments segment. The Property investments segment derived income from the sale of investment property and inventory, rental income on investment property, dividend income, and others.

Trematon Capital Investments (JSE:TMT) Headlines

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