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Rafhan Maize Product Co (KAR:RMPL) Net Current Asset Value : ₨1,660.81 (As of Mar. 2024)


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What is Rafhan Maize Product Co 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).

Rafhan Maize Product Co's net current asset value per share for the quarter that ended in Mar. 2024 was ₨1,660.81.

The historical rank and industry rank for Rafhan Maize Product Co's Net Current Asset Value or its related term are showing as below:

KAR:RMPL' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.59   Med: 10   Max: 29.94
Current: 4.63

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rafhan Maize Product Co was 29.94. The lowest was 4.59. And the median was 10.00.

KAR:RMPL's Price-to-Net-Current-Asset-Value is ranked better than
50.77% of 973 companies
in the Consumer Packaged Goods industry
Industry Median: 4.75 vs KAR:RMPL: 4.63

Rafhan Maize Product Co Net Current Asset Value Historical Data

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Net Current Asset Value Chart

Rafhan Maize Product Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 851.62 1,024.32 1,000.03 1,270.04 1,480.03

Rafhan Maize Product Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,525.68 1,507.20 1,522.62 1,480.03 1,660.81

Competitive Comparison of Rafhan Maize Product Co's Net Current Asset Value

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Price-to-Net-Current-Asset-Value falls into.



Rafhan Maize Product Co Net Current Asset Value Calculation

Rafhan Maize Product Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(41920.727-28250.52-0-0)/9.23643
=1,480.03

Rafhan Maize Product Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(33348.736-18008.807-0-0)/9.23643
=1,660.81

* 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.


Rafhan Maize Product Co  (KAR:RMPL) 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.


Rafhan Maize Product Co Net Current Asset Value Related Terms

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Rafhan Maize Product Co (KAR:RMPL) Business Description

Traded in Other Exchanges
N/A
Address
Rakh Canal, East Road, P.O. Box 62, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. The firm's major products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.

Rafhan Maize Product Co (KAR:RMPL) Headlines

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