PRZM (Prism Technologies Group) Net Current Asset Value: $-0.36 (As of Sep. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Prism Technologies Group Net Current Asset Value?

Prism Technologies Group PRZM -99.00% Net Current Asset Value is $-0.36 as of Sep. 2017.

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).

Prism Technologies Group's net current asset value per share for the quarter that ended in Sep. 2017 was $-0.36.

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

PRZM's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.73
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Prism Technologies Group  (OTCPK:PRZM) 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.


Prism Technologies Group Net Current Asset Value Related Terms


Prism Technologies Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Prism Technologies 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.

Prism Technologies Group Net Current Asset Value Chart

Prism Technologies Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 3.93 3.70 -1.25 -1.57

Prism Technologies Group Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -1.38 -1.57 -1.52 -0.33 -0.36

PRZM vs SYSX: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Prism Technologies 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.


Prism Technologies Group Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Prism Technologies Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Prism Technologies Group Net Current Asset Value Calculation

Prism Technologies Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2016 is calculated as

Net Current Asset Value Per Share(A: Dec. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.588-17.431-0-0)/10.074
=-1.57

Prism Technologies Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2017 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.251-3.899-0-0)/10.074
=-0.36

* 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 $-0.36 mean?
Prism Technologies Group (PRZM) has a Net Current Asset Value of $-0.36 as of Sep. 2017. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Prism Technologies Group and its competitors.
Is Prism Technologies Group's Net Current Asset Value too high?
Prism Technologies Group's current Net Current Asset Value is $-0.36.
How does Prism Technologies Group's Net Current Asset Value compare to SYSX?
Prism Technologies Group's Net Current Asset Value of $-0.36 can be compared against companies in the Software industry. The industry median Net Current Asset Value is 4.73. 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 Software company?
The median Net Current Asset Value among Software companies is 4.73, based on 1,760 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 Prism Technologies Group and its competitors. For the Software industry, the median Net Current Asset Value is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prism Technologies Group's current Net Current Asset Value is $-0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prism Technologies Group stock overvalued right now?
Prism Technologies Group (PRZM) has a current Net Current Asset Value of $-0.36. The current Net Current Asset Value is $-0.36. 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 Prism Technologies Group (PRZM), the current Net Current Asset Value is $-0.36 as of Sep. 2017. 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.

Prism Technologies Group Business Description

Address 101 Parkshore Drive, Suite 100, Folsom, CA, USA, 95630
Prism Technologies Group Inc together with its subsidiaries operates as an intellectual property licensing and technology research and development company. It owns a patent portfolio consisting of nine patent families in the computer and network security, semiconductors and medical technology space. Prism continues to develop and patent new technologies and is committed to ongoing research and development efforts in several fields. Its objective is to develop and invent new technologies in the computer and network security, wearable computing, transaction processing and healthcare to speed time to market opportunities for the customers. Geographically all the operation of the firm is functioned through the region of US.