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Topsports International Holdings (MEX:6110) Net Current Asset Value : MXN2.24 (As of Feb. 2024)


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What is Topsports International 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).

Topsports International Holdings's net current asset value per share for the quarter that ended in Feb. 2024 was MXN2.24.

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

MEX:6110' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.73   Med: 10.79   Max: 24.26
Current: 2.73

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Topsports International Holdings was 24.26. The lowest was 2.73. And the median was 10.79.

MEX:6110's Price-to-Net-Current-Asset-Value is ranked better than
60.74% of 540 companies
in the Retail - Cyclical industry
Industry Median: 3.435 vs MEX:6110: 2.73

Topsports International Holdings Net Current Asset Value Historical Data

The historical data trend for Topsports International 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.

Topsports International Holdings Net Current Asset Value Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Current Asset Value
Get a 7-Day Free Trial 1.77 1.27 1.95 2.21 2.24

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 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 2.15 2.21 2.17 2.24 -

Competitive Comparison of Topsports International Holdings's Net Current Asset Value

For the Apparel Retail subindustry, Topsports International 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.


Topsports International Holdings's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Topsports International Holdings Net Current Asset Value Calculation

Topsports International Holdings'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)
=(25038.872-11129.969-3.557-0)/6201.22
=2.24

Topsports International Holdings'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)
=(25038.872-11129.969-3.557-0)/6201.22
=2.24

* 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.


Topsports International Holdings  (MEX:6110) 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.


Topsports International Holdings Net Current Asset Value Related Terms

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Topsports International Holdings Business Description

Traded in Other Exchanges
Address
30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 6,500 stores directly as of the end of fiscal 2023, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Topsports International Holdings Headlines

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