GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Zeder Investments Ltd (STU:33Z) » Definitions » Net Current Asset Value

Zeder Investments (STU:33Z) Net Current Asset Value : €0.02 (As of Feb. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zeder Investments 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).

Zeder Investments's net current asset value per share for the quarter that ended in Feb. 2024 was €0.02.

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

STU:33Z' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.01   Med: 3.38   Max: 4.91
Current: 4.4

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zeder Investments was 4.91. The lowest was 1.01. And the median was 3.38.

STU:33Z's Price-to-Net-Current-Asset-Value is ranked worse than
53.08% of 373 companies
in the Asset Management industry
Industry Median: 3.75 vs STU:33Z: 4.40

Zeder Investments Net Current Asset Value Historical Data

The historical data trend for Zeder Investments'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.

Zeder Investments Net Current Asset Value Chart

Zeder Investments Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 0.03 0.15 0.02 0.02

Zeder Investments Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.15 0.02 0.02 0.03 0.02

Competitive Comparison of Zeder Investments's Net Current Asset Value

For the Asset Management subindustry, Zeder Investments'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.


Zeder Investments's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Zeder Investments's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Zeder Investments's Price-to-Net-Current-Asset-Value falls into.



Zeder Investments Net Current Asset Value Calculation

Zeder Investments's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(A: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(39.338-2.584-0-0)/1539.66
=0.02

Zeder Investments's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(39.338-2.584-0-0)/1539.66
=0.02

* 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.


Zeder Investments  (STU:33Z) 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.


Zeder Investments Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Zeder Investments's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Zeder Investments Business Description

Traded in Other Exchanges
Address
35 Kerk Street, Second Floor, Ou Kollege, Stellenbosch, WC, ZAF, 7600
Zeder Investments Ltd is a South Africa-based investment company with an investment portfolio that focuses on the broad agribusiness industry in South Africa. The company has large, strategic stakes in the underlying portfolio companies as a long-term investor. The company's structure is divided into three key segments, reflecting its primary investments Zaad, Capespan and Pome Investments.

Zeder Investments Headlines

No Headlines