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Papa John's International (Papa John's International) Net Current Asset Value : $-33.95 (As of Dec. 2023)


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What is Papa John's International 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).

Papa John's International's net current asset value per share for the quarter that ended in Dec. 2023 was $-33.95.

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

PZZA's Price-to-Net-Current-Asset-Value is not ranked *
in the Restaurants industry.
Industry Median: 10.34
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Papa John's International Net Current Asset Value Historical Data

The historical data trend for Papa John's International'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.

Papa John's International Net Current Asset Value Chart

Papa John's International 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 -27.64 -26.07 -22.86 -25.90 -33.95

Papa John's International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -25.90 -34.28 -34.35 -34.07 -33.95

Competitive Comparison of Papa John's International's Net Current Asset Value

For the Restaurants subindustry, Papa John's International'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.


Papa John's International's Price-to-Net-Current-Asset-Value Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Papa John's International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Papa John's International Net Current Asset Value Calculation

Papa John's International'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)
=(231.018-1317.77-16.327-0)/32.488
=-33.95

Papa John's International's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(231.018-1317.77-16.327-0)/32.488
=-33.95

* 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.


Papa John's International  (NAS:PZZA) 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.


Papa John's International Net Current Asset Value Related Terms

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Papa John's International (Papa John's International) Business Description

Traded in Other Exchanges
Address
2002 Papa John's Boulevard, Louisville, KY, USA, 40299-2367
Papa John's is one of the largest players in the global QSR pizza market, boasting more than 5,700 restaurants across nearly 50 countries at the end of 2022. The firm operates a predominantly franchised system, owning just shy of 10% of its restaurants and generating revenue from franchise royalties, sales of pizza, and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the third-largest limited-service pizza chain in the U.S. and fourth-largest globally, with a sizable presence in the U.K., China, South Korea, and Chile.
Executives
John W Garratt director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Stephen L Gibbs director C/O SCIENTIFIC GAMES CORPORATION, 1500 BLUEGRASS LAKES PARKWAY, ALPHARETTA, GA 30004
John C Miller director
Ravi Thanawala officer: Chief Financial Officer 788 CIRCLE 75 PARKWAY, ATLANTA GA 30339
Christopher K Collins officer: VP, Treasury and Tax 788 CIRCLE 75 PARKWAY, ATLANTA GA 30339
Marvin Boakye officer: Chief People Officer PO BOX 99900, LOUISVILLE KY 40269
Olivia F Kirtley director 6655 LANCER BLVD, SAN ANTONIO TX 78219
Robert Lynch director, officer: President and CEO P. O. BOX 99900, LOUISVILLE KY 40269
Jack H Swaysland officer: SVP, COO - International PO BOX 99900, LOUISVILLE KY 40269
Jeffrey C Smith director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
James Norberg officer: SVP, CROO PO BOX 99900, LOUISVILLE KY 40269
Caroline Miller Oyler officer: SVP, General Counsel P.O. BOX 99900, LOUISVILLE KY 40269
Ann B Gugino officer: Chief Financial Officer 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Steven R Coke officer: VP, IR and Strategy P.O. BOX 99900, LOUISVILLE KY 40269
Amanda Clark officer: Chief Development Officer PO BOX 99900, LOUISVILLE KY 40269