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Zeda (STU:LJ0) Net Current Asset Value : €-0.67 (As of Mar. 2025)


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What is Zeda 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).

Zeda's net current asset value per share for the quarter that ended in Mar. 2025 was €-0.67.

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

STU:LJ0's Price-to-Net-Current-Asset-Value is not ranked *
in the Business Services industry.
Industry Median: 4.05
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Zeda Net Current Asset Value Historical Data

The historical data trend for Zeda'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.

Zeda Net Current Asset Value Chart

Zeda Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Current Asset Value
Get a 7-Day Free Trial -0.67 -0.61 -0.78 -0.66 -0.74

Zeda Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.62 -0.66 -0.64 -0.74 -0.67

Competitive Comparison of Zeda's Net Current Asset Value

For the Rental & Leasing Services subindustry, Zeda'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.


Zeda's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zeda's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Zeda Net Current Asset Value Calculation

Zeda'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)
=(404.146-538.38-2.711-0)/186.226
=-0.74

Zeda's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(466.484-587.697-3.041-0)/186.498
=-0.67

* 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.


Zeda  (STU:LJ0) 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.


Zeda Net Current Asset Value Related Terms

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Zeda Business Description

Traded in Other Exchanges
Address
2 Sysie Road, Croydon, Johannesburg, GT, ZAF, 1691
Zeda Ltd operates in the car rental and full maintenance leasing industries. It offers integrated vehicle-based mobility solutions in Sub-Saharan Africa providing an integrated fleet leasing and car rental platform, with a full range of short-, medium- and long-term mobility solutions to a broad range of customers. It operates in two segments namely the Car rental business segment which provides short-term car rentals ranging from one day up to 12 months; and the Leasing Business segment which provides long-term fleet solutions longer than 12 months to corporate and public sector customers . The majority of revenue is derived from the car rental segment.

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