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Nam Lee Pressed Metal Industries (SGX:G0I) Net Current Asset Value : S$0.39 (As of Sep. 2024)


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What is Nam Lee Pressed Metal Industries 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).

Nam Lee Pressed Metal Industries's net current asset value per share for the quarter that ended in Sep. 2024 was S$0.39.

The historical rank and industry rank for Nam Lee Pressed Metal Industries's Net Current Asset Value or its related term are showing as below:

SGX:G0I' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.64   Med: 0.99   Max: 1.14
Current: 0.78

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nam Lee Pressed Metal Industries was 1.14. The lowest was 0.64. And the median was 0.99.

SGX:G0I's Price-to-Net-Current-Asset-Value is ranked better than
96.45% of 2167 companies
in the Industrial Products industry
Industry Median: 5.03 vs SGX:G0I: 0.78

Nam Lee Pressed Metal Industries Net Current Asset Value Historical Data

The historical data trend for Nam Lee Pressed Metal Industries'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.

Nam Lee Pressed Metal Industries Net Current Asset Value Chart

Nam Lee Pressed Metal Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.34 0.37 0.34 0.39

Nam Lee Pressed Metal Industries Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.37 0.34 0.34 0.34 0.39

Competitive Comparison of Nam Lee Pressed Metal Industries's Net Current Asset Value

For the Metal Fabrication subindustry, Nam Lee Pressed Metal Industries'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.


Nam Lee Pressed Metal Industries's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nam Lee Pressed Metal Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Nam Lee Pressed Metal Industries's Price-to-Net-Current-Asset-Value falls into.



Nam Lee Pressed Metal Industries Net Current Asset Value Calculation

Nam Lee Pressed Metal Industries's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(A: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(163.981-68.807-0-0)/242.056
=0.39

Nam Lee Pressed Metal Industries's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(163.981-68.807-0-0)/242.056
=0.39

* 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.


Nam Lee Pressed Metal Industries  (SGX:G0I) 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.


Nam Lee Pressed Metal Industries Net Current Asset Value Related Terms

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Nam Lee Pressed Metal Industries Business Description

Traded in Other Exchanges
N/A
Address
4 Gul Way, Singapore, SGP, 629192
Nam Lee Pressed Metal Industries Ltd is engaged in the designing, manufacturing, and supplying of metal products and solutions for diverse industries. It has four segments. The Aluminium segment includes products for building construction and other industrial uses, such as curtain walls, cladding windows, and container refrigeration units. The Mild Steel segment includes products for door frames and entrance gates for building construction projects. The Stainless Steel segment includes products such as drying racks and hoppers used for building construction projects. UPVC products include doors, skirting and flooring for building construction projects. The company derives a vast majority of its revenues from the Aluminium segment from Singapore followed by Malaysia.

Nam Lee Pressed Metal Industries Headlines

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