GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ducon Infratechnologies Ltd (NSE:DUCON) » Definitions » Net Current Asset Value

Ducon Infratechnologies (NSE:DUCON) Net Current Asset Value : ₹3.95 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Ducon Infratechnologies 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).

Ducon Infratechnologies's net current asset value per share for the quarter that ended in Mar. 2024 was ₹3.95.

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

NSE:DUCON' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.39   Med: 2.5   Max: 13.66
Current: 1.87

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ducon Infratechnologies was 13.66. The lowest was 0.39. And the median was 2.50.

NSE:DUCON's Price-to-Net-Current-Asset-Value is ranked better than
80.7% of 2161 companies
in the Industrial Products industry
Industry Median: 4.26 vs NSE:DUCON: 1.87

Ducon Infratechnologies Net Current Asset Value Historical Data

The historical data trend for Ducon Infratechnologies'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.

Ducon Infratechnologies Net Current Asset Value Chart

Ducon Infratechnologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.65 6.77 5.74 3.98 3.95

Ducon Infratechnologies 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 3.98 - 4.06 - 3.95

Competitive Comparison of Ducon Infratechnologies's Net Current Asset Value

For the Specialty Industrial Machinery subindustry, Ducon Infratechnologies'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.


Ducon Infratechnologies's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ducon Infratechnologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Ducon Infratechnologies Net Current Asset Value Calculation

Ducon Infratechnologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(A: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2742.9-1716.057-0-0)/259.94
=3.95

Ducon Infratechnologies'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)
=(2742.9-1716.057-0-0)/259.94
=3.95

* 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.


Ducon Infratechnologies  (NSE:DUCON) 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.


Ducon Infratechnologies Net Current Asset Value Related Terms

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


Ducon Infratechnologies (NSE:DUCON) Business Description

Traded in Other Exchanges
Address
Road No.1, MIDC Wagle Industrial Estate, Ducon House, Plot No. A/4, Thane (West), Thane, MH, IND, 400604
Ducon Infratechnologies Ltd is an India-based diversified technology company. It is engaged in the business of Heavy Engineering and Clean Technology. In addition, it is also involved in the installation of industrial machinery and equipment. The company offers its services in the digital and infrastructure business sectors. Its product categories consist of servers, storage, networking, security and surveillance, and energy management systems.

Ducon Infratechnologies (NSE:DUCON) Headlines

No Headlines