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WHG Real Estate Fundo De Investimento Imobiliario - FII (BSP:WHGR11) Net Current Asset Value : R$2.81 (As of Jun. 2022)


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What is WHG Real Estate Fundo De Investimento Imobiliario - FII 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).

WHG Real Estate Fundo De Investimento Imobiliario - FII's net current asset value per share for the quarter that ended in Jun. 2022 was R$2.81.

The historical rank and industry rank for WHG Real Estate Fundo De Investimento Imobiliario - FII's Net Current Asset Value or its related term are showing as below:

BSP:WHGR11' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.71   Med: 8.71   Max: 9.31
Current: 9.26

During the past 2 years, the highest Price-to-Net-Current-Asset-Value Ratio of WHG Real Estate Fundo De Investimento Imobiliario - FII was 9.31. The lowest was 8.71. And the median was 8.71.

BSP:WHGR11's Price-to-Net-Current-Asset-Value is ranked worse than
55.14% of 107 companies
in the REITs industry
Industry Median: 7.44 vs BSP:WHGR11: 9.26

WHG Real Estate Fundo De Investimento Imobiliario - FII Net Current Asset Value Historical Data

The historical data trend for WHG Real Estate Fundo De Investimento Imobiliario - FII'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.

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WHG Real Estate Fundo De Investimento Imobiliario - FII Net Current Asset Value Chart

WHG Real Estate Fundo De Investimento Imobiliario - FII Annual Data
Trend Jun22 Jun23
Net Current Asset Value
- 1.06

WHG Real Estate Fundo De Investimento Imobiliario - FII Semi-Annual Data
Jun22 Jun23
Net Current Asset Value 2.81 1.06

Competitive Comparison of WHG Real Estate Fundo De Investimento Imobiliario - FII's Net Current Asset Value

For the REIT - Specialty subindustry, WHG Real Estate Fundo De Investimento Imobiliario - FII'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.


WHG Real Estate Fundo De Investimento Imobiliario - FII's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, WHG Real Estate Fundo De Investimento Imobiliario - FII's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where WHG Real Estate Fundo De Investimento Imobiliario - FII's Price-to-Net-Current-Asset-Value falls into.



WHG Real Estate Fundo De Investimento Imobiliario - FII Net Current Asset Value Calculation

WHG Real Estate Fundo De Investimento Imobiliario - FII's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(36.921-10.341-0-0)/25.0895
=1.06

WHG Real Estate Fundo De Investimento Imobiliario - FII's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2022 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(74.074-3.64-0-0)/25.0895
=2.81

* 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.


WHG Real Estate Fundo De Investimento Imobiliario - FII  (BSP:WHGR11) 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.


WHG Real Estate Fundo De Investimento Imobiliario - FII Net Current Asset Value Related Terms

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WHG Real Estate Fundo De Investimento Imobiliario - FII (BSP:WHGR11) Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 228,, 9th floor- Botafogo-, Rio de Janeiro, BRA, RJ- 22250-906
WHG Real Estate Fundo De Investimento Imobiliario - FII is a Real Estate Investment Fund that operates in the Income Development area, in the Others segment. The purpose of the Fund is to earn income and/or capital gains, as well as to provide shareholders with the of its shares through investment and, as the case may be, divestment, in the assets rem in real estate, shares, debentures, subscription bonuses, their coupons, rights, subscription receipts, and split certificates.

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