Oman Cement (MUS:OCOI) Net Current Asset Value: ر.ع0.15 (As of Sep. 2022)

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MUS:OCOI Oman Cement MUS:OCOI
39 GF Score
Price ر.ع0.59
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What is Oman Cement Net Current Asset Value?

Oman Cement MUS:OCOI 39 Net Current Asset Value is ر.ع0.15 as of Sep. 2022. GuruFocus rates MUS:OCOI with a GF Score™ of 39/100.

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).

Oman Cement's net current asset value per share for the quarter that ended in Sep. 2022 was ر.ع0.15.

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

MUS:OCOI's Price-to-Net-Current-Asset-Value is not ranked *
in the Building Materials industry.
Industry Median: 3.91
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Oman Cement  (MUS:OCOI) 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.


Oman Cement Net Current Asset Value Related Terms


Oman Cement Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Oman Cement'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.

Oman Cement Net Current Asset Value Chart

Oman Cement Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.05 0.11 0.13

Oman Cement Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.13 0.13 0.13 0.14 0.15

Oman Cement Net Current Asset Value Competitor Comparison

For the Building Materials subindustry, Oman Cement'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.


Oman Cement Price-to-Net-Current-Asset-Value vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Oman Cement's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


MUS:OCOI
39GF Score
Oman Cement MUS:OCOI
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Cement Net Current Asset Value Calculation

Oman Cement's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(98.005-53.563-0-0)/330.873
=0.13

Oman Cement's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(105.793-55.26-0-0)/330.873
=0.15

* 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.

What does a Net Current Asset Value of ر.ع0.15 mean?
Oman Cement (MUS:OCOI) has a Net Current Asset Value of ر.ع0.15 as of Sep. 2022. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Oman Cement and its competitors.
Is Oman Cement's Net Current Asset Value too high?
Oman Cement's current Net Current Asset Value is ر.ع0.15. Overall, Oman Cement has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Oman Cement's Net Current Asset Value compare to competitors?
Oman Cement's Net Current Asset Value of ر.ع0.15 can be compared against companies in the Building Materials industry. The industry median Net Current Asset Value is 3.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Building Materials company?
The median Net Current Asset Value among Building Materials companies is 3.91, based on 179 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Oman Cement and its competitors. For the Building Materials industry, the median Net Current Asset Value is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Cement's current Net Current Asset Value is ر.ع0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Cement stock overvalued right now?
Oman Cement (MUS:OCOI) has a current Net Current Asset Value of ر.ع0.15. The current Net Current Asset Value is ر.ع0.15. Oman Cement's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Oman Cement (MUS:OCOI), the current Net Current Asset Value is ر.ع0.15 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oman Cement Business Description

Address P.O. Box 560, Ruwi, OMN, 112
Oman Cement Co SAOG is an Oman based company engaged in the manufacture and sale of cement and related products. Its product portfolio covers products such as Sulphate resistant Cement, Ordinary portland cement, Moderate sulphate resistant cement and Oil well cement. The company mainly operates in the geographical segment of the Sultanate of Oman and other GCC countries and generates primarily revenue through the sales of cement and its related products.
39GF Score

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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.59
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