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Holmarc Opto-Mechatronics (NSE:HOLMARC) Net Current Asset Value : ₹16.26 (As of Mar. 2024)


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What is Holmarc Opto-Mechatronics 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).

Holmarc Opto-Mechatronics's net current asset value per share for the quarter that ended in Mar. 2024 was ₹16.26.

The historical rank and industry rank for Holmarc Opto-Mechatronics's Net Current Asset Value or its related term are showing as below:

NSE:HOLMARC' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.96   Med: 4.96   Max: 9.88
Current: 9.87

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Holmarc Opto-Mechatronics was 9.88. The lowest was 4.96. And the median was 4.96.

NSE:HOLMARC's Price-to-Net-Current-Asset-Value is ranked worse than
78.16% of 1809 companies
in the Hardware industry
Industry Median: 4.45 vs NSE:HOLMARC: 9.87

Holmarc Opto-Mechatronics Net Current Asset Value Historical Data

The historical data trend for Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics Net Current Asset Value Chart

Holmarc Opto-Mechatronics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
1.55 1.64 5.74 16.26

Holmarc Opto-Mechatronics Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Net Current Asset Value 1.55 1.64 5.74 16.26

Competitive Comparison of Holmarc Opto-Mechatronics's Net Current Asset Value

For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.


Holmarc Opto-Mechatronics's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Holmarc Opto-Mechatronics's Price-to-Net-Current-Asset-Value falls into.



Holmarc Opto-Mechatronics Net Current Asset Value Calculation

Holmarc Opto-Mechatronics'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)
=(202.268-38.877-0-0)/10.05
=16.26

Holmarc Opto-Mechatronics'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)
=(202.268-38.877-0-0)/10.05
=16.26

* 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.


Holmarc Opto-Mechatronics  (NSE:HOLMARC) 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.


Holmarc Opto-Mechatronics Net Current Asset Value Related Terms

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Holmarc Opto-Mechatronics Business Description

Traded in Other Exchanges
N/A
Address
Opposite Kalamassery Police Station, Door No. 37/386, Manath Tower, Changampuzha Nagar P.O, Kochi, KL, IND, 682033
Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry, and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.

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