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).
V-Mart Retail's net current asset value per share for the quarter that ended in Mar. 2024 was ₹-537.79.
The historical rank and industry rank for V-Mart Retail's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of V-Mart Retail was 67.67. The lowest was 9.42. And the median was 16.53.
NSE:VMART's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.24 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
V-Mart Retail Net Current Asset Value Historical Data
The historical data trend for V-Mart Retail'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.
Competitive Comparison of V-Mart Retail's Net Current Asset Value
For the Department Stores subindustry, V-Mart Retail'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.
V-Mart Retail's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, V-Mart Retail's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where V-Mart Retail's Price-to-Net-Current-Asset-Value falls into.
V-Mart Retail Net Current Asset Value Calculation
V-Mart Retail's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
V-Mart Retail (NSE:VMART) 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 Grahams 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.
V-Mart Retail Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of V-Mart Retail's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
V-Mart Retail Ltd is engaged in retailing of readymade garments, accessories and other products. It is involved in the business of Value Retailing through the chain of stores situated at various cities in India. It provides a range of apparels and accessories for men, women, boys, girls, and toddlers. The company's general merchandise includes Footwear, Home furnishing, Kitchenware, Toys and games, Bags and luggage and Crockery. The company has two segments such as Retail Trade which includes Domestic sale to customer at stores and Digital Marketplace includes Commission and other income by providing Limeroad platform to vendors. It generates majority of its revenue from Retail Trade segment.
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