GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The RMR Group Inc (MEX:RMR) » Definitions » Net Current Asset Value

The RMR Group (MEX:RMR) Net Current Asset Value : MXN-197.30 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is The RMR Group 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).

The RMR Group's net current asset value per share for the quarter that ended in Sep. 2024 was MXN-197.30.

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

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of The RMR Group was 61.87. The lowest was 7.29. And the median was 8.99.

MEX:RMR's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.4
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

The RMR Group Net Current Asset Value Historical Data

The historical data trend for The RMR Group'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.

The RMR Group Net Current Asset Value Chart

The RMR Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.28 -60.21 -39.37 45.81 -197.30

The RMR Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 45.81 -59.70 -50.78 -52.13 -197.30

Competitive Comparison of The RMR Group's Net Current Asset Value

For the Real Estate Services subindustry, The RMR Group'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.


The RMR Group's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

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

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



The RMR Group Net Current Asset Value Calculation

The RMR Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(A: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5791.272-5534.49-3580.543-0)/16.846
=-197.30

The RMR Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5791.272-5534.49-3580.543-0)/16.846
=-197.30

* 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.


The RMR Group  (MEX:RMR) 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.


The RMR Group Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of The RMR Group's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


The RMR Group Business Description

Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.