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East Pipes Integrated Co for Industry (SAU:1321) Net Current Asset Value : ﷼21.33 (As of Jun. 2024)


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What is East Pipes Integrated Co for Industry 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).

East Pipes Integrated Co for Industry's net current asset value per share for the quarter that ended in Jun. 2024 was ﷼21.33.

The historical rank and industry rank for East Pipes Integrated Co for Industry's Net Current Asset Value or its related term are showing as below:

SAU:1321' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.76   Med: 5.87   Max: 7.63
Current: 7.01

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of East Pipes Integrated Co for Industry was 7.63. The lowest was 3.76. And the median was 5.87.

SAU:1321's Price-to-Net-Current-Asset-Value is ranked worse than
72.56% of 379 companies
in the Steel industry
Industry Median: 2.91 vs SAU:1321: 7.01

East Pipes Integrated Co for Industry Net Current Asset Value Historical Data

The historical data trend for East Pipes Integrated Co for Industry'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.

East Pipes Integrated Co for Industry Net Current Asset Value Chart

East Pipes Integrated Co for Industry Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
6.77 7.45 11.31 19.38

East Pipes Integrated Co for Industry Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.91 10.73 13.56 19.38 21.33

Competitive Comparison of East Pipes Integrated Co for Industry's Net Current Asset Value

For the Steel subindustry, East Pipes Integrated Co for Industry'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.


East Pipes Integrated Co for Industry's Price-to-Net-Current-Asset-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, East Pipes Integrated Co for Industry's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where East Pipes Integrated Co for Industry's Price-to-Net-Current-Asset-Value falls into.



East Pipes Integrated Co for Industry Net Current Asset Value Calculation

East Pipes Integrated Co for Industry'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)
=(1245.399-634.894-0-0)/31.5
=19.38

East Pipes Integrated Co for Industry's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1215.757-543.931-0-0)/31.5
=21.33

* 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.


East Pipes Integrated Co for Industry  (SAU:1321) 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.


East Pipes Integrated Co for Industry Net Current Asset Value Related Terms

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East Pipes Integrated Co for Industry Business Description

Traded in Other Exchanges
N/A
Address
Street No 89, 2nd Industrial City, P.O Box 12943, P. Code 31483, Dammam, SAU
East Pipes Integrated Co for Industry is engaged in the manufacturing of Helical Submerged Arc Welded (HSAW) pipes. It produces pipes that transport Water, Oil, and Gas, according to a wide range of diameters of spiral pipes. The firm provides coating services on pipes provided by the customers and generates revenue from the same. The business operating assets of the firm are located in the Kingdom of Saudi Arabia.

East Pipes Integrated Co for Industry Headlines

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