GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia Pacific Wire & Cable Corp Ltd (NAS:APWC) » Definitions » Net Current Asset Value

Asia Pacific Wire & Cable (Asia Pacific Wire & Cable) Net Current Asset Value : $3.76 (As of Sep. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Asia Pacific Wire & Cable 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).

Asia Pacific Wire & Cable's net current asset value per share for the quarter that ended in Sep. 2023 was $3.76.

The historical rank and industry rank for Asia Pacific Wire & Cable's Net Current Asset Value or its related term are showing as below:

APWC' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.19   Med: 0.37   Max: 0.7
Current: 0.38

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Asia Pacific Wire & Cable was 0.70. The lowest was 0.19. And the median was 0.37.

APWC's Price-to-Net-Current-Asset-Value is ranked better than
99.39% of 2146 companies
in the Industrial Products industry
Industry Median: 4.325 vs APWC: 0.38

Asia Pacific Wire & Cable Net Current Asset Value Historical Data

The historical data trend for Asia Pacific Wire & Cable'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.

Asia Pacific Wire & Cable Net Current Asset Value Chart

Asia Pacific Wire & Cable Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.12 6.83 6.04 5.07 3.89

Asia Pacific Wire & Cable Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
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 3.69 3.57 3.89 3.73 3.76

Competitive Comparison of Asia Pacific Wire & Cable's Net Current Asset Value

For the Electrical Equipment & Parts subindustry, Asia Pacific Wire & Cable'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.


Asia Pacific Wire & Cable's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Pacific Wire & Cable's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Asia Pacific Wire & Cable's Price-to-Net-Current-Asset-Value falls into.



Asia Pacific Wire & Cable Net Current Asset Value Calculation

Asia Pacific Wire & Cable's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(299.525-159.591-59.833-0)/20.6162
=3.89

Asia Pacific Wire & Cable's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(275.125-142.97-54.623-0)/20.6162
=3.76

* 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.


Asia Pacific Wire & Cable  (NAS:APWC) 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.


Asia Pacific Wire & Cable Net Current Asset Value Related Terms

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


Asia Pacific Wire & Cable (Asia Pacific Wire & Cable) Business Description

Traded in Other Exchanges
N/A
Address
Dunhua South Road, 15th Floor, B, No. 77, Section. 2, Taipei, TWN, 106
Asia Pacific Wire & Cable Corp Ltd is a holding company. It is principally engaged in owning operating companies engaged in the power cable, telecommunication cable, enameled wire, and electronic cable industry. It also provides project engineering services to customers. Some of its products are Bare wires, Power cables, Communication cables, Electronic wires & cables, and Enamelled wires. The company's geographical segments are North Asia, Thailand, and Rest of the World.
Executives
Msd Capital L P 10 percent owner 1 VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017-5407
Sof Investments Lp 10 percent owner

Asia Pacific Wire & Cable (Asia Pacific Wire & Cable) Headlines