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Manitou BF (LTS:0NDA) Net Current Asset Value : €11.12 (As of Dec. 2023)


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What is Manitou BF 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).

Manitou BF's net current asset value per share for the quarter that ended in Dec. 2023 was €11.12.

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

LTS:0NDA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.97   Med: 2.59   Max: 3.98
Current: 1.99

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Manitou BF was 3.98. The lowest was 1.97. And the median was 2.59.

LTS:0NDA's Price-to-Net-Current-Asset-Value is ranked better than
76.69% of 133 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.75 vs LTS:0NDA: 1.99

Manitou BF Net Current Asset Value Historical Data

The historical data trend for Manitou BF'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.

Manitou BF Net Current Asset Value Chart

Manitou BF 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 8.42 8.55 10.18 10.32 11.12

Manitou BF Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 10.18 10.73 10.32 10.40 11.12

Competitive Comparison of Manitou BF's Net Current Asset Value

For the Farm & Heavy Construction Machinery subindustry, Manitou BF'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.


Manitou BF's Price-to-Net-Current-Asset-Value Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitou BF's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Manitou BF Net Current Asset Value Calculation

Manitou BF'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)
=(1695.971-1270.102-0.427-0)/38.267
=11.12

Manitou BF's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1695.971-1270.102-0.427-0)/38.267
=11.12

* 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.


Manitou BF  (LTS:0NDA) 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.


Manitou BF Net Current Asset Value Related Terms

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Manitou BF (LTS:0NDA) Business Description

Traded in Other Exchanges
Address
430, rue de l'Aubiniere, Ancenis, FRA, 44158
Manitou BF SA is an industrial equipment manufacturer based in France. It is one of the companies in developing all-terrain material handling equipment meant for construction, agricultural and industrial usage. Manitou's product mix is comprised of fixed, rotating and heavyweight all-terrain telescopic forklift-trucks, semi-industrial and industrial all-terrain masted forklift-trucks, compact loaders, aerial work platforms for personnel and warehousing equipment. These products are marketed through well-known brands such as Manitou, Gehl, and Mustang available with dealers throughout the world. Most of its revenue is derived from sales in countries of Northern Europe.

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