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Amulaire Thermal Technology (TPE:2241) Net Current Asset Value : NT$1.28 (As of Jun. 2024)


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What is Amulaire Thermal Technology 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).

Amulaire Thermal Technology's net current asset value per share for the quarter that ended in Jun. 2024 was NT$1.28.

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

TPE:2241' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.96   Med: 16.07   Max: 76.06
Current: 24.73

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Amulaire Thermal Technology was 76.06. The lowest was 9.96. And the median was 16.07.

TPE:2241's Price-to-Net-Current-Asset-Value is ranked worse than
87.28% of 684 companies
in the Vehicles & Parts industry
Industry Median: 4.655 vs TPE:2241: 24.73

Amulaire Thermal Technology Net Current Asset Value Historical Data

The historical data trend for Amulaire Thermal Technology'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.

Amulaire Thermal Technology Net Current Asset Value Chart

Amulaire Thermal Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.92 5.07 -2.59 -5.54 1.97

Amulaire Thermal Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.51 -6.41 1.97 1.53 1.28

Competitive Comparison of Amulaire Thermal Technology's Net Current Asset Value

For the Auto Parts subindustry, Amulaire Thermal Technology'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.


Amulaire Thermal Technology's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Amulaire Thermal Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Amulaire Thermal Technology Net Current Asset Value Calculation

Amulaire Thermal Technology's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1311.311-1069.634-35.847-0)/104.602
=1.97

Amulaire Thermal Technology'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)
=(1190.625-971.797-84.813-0)/104.602
=1.28

* 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.


Amulaire Thermal Technology  (TPE:2241) 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.


Amulaire Thermal Technology Net Current Asset Value Related Terms

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Amulaire Thermal Technology Business Description

Traded in Other Exchanges
N/A
Address
Wenhua 3rd Road, 10th Floor, No. 455, Sec. 2, Linkou District, New Taipei City, Taipei, TWN
Amulaire Thermal Technology Inc is a Taiwan-based company involved in the research and development of cooling for green electronic devices. The products of the company include Customization, MIM Technology, Forging Technology, Brazing Technology, Simulation Analysis Technology, and Friction Stir Welding.

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