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Freightos (Freightos) Net Current Asset Value : $0.92 (As of Dec. 2023)


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What is Freightos 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).

Freightos's net current asset value per share for the quarter that ended in Dec. 2023 was $0.92.

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

CRGO' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.41   Med: 3.62   Max: 3.62
Current: 2.41

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Freightos was 3.62. The lowest was 2.41. And the median was 3.62.

CRGO's Price-to-Net-Current-Asset-Value is ranked better than
67.11% of 304 companies
in the Transportation industry
Industry Median: 3.61 vs CRGO: 2.41

Freightos Net Current Asset Value Historical Data

The historical data trend for Freightos'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.

Freightos Net Current Asset Value Chart

Freightos Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
0.22 8.07 -0.15 0.92

Freightos Quarterly Data
Dec20 Jun21 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 -0.15 1.14 1.04 0.98 0.92

Competitive Comparison of Freightos's Net Current Asset Value

For the Integrated Freight & Logistics subindustry, Freightos'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.


Freightos's Price-to-Net-Current-Asset-Value Distribution in the Transportation Industry

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

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



Freightos Net Current Asset Value Calculation

Freightos'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)
=(59.716-15.643-0-0)/47.8947
=0.92

Freightos'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)
=(59.716-15.643-0-0)/47.8947
=0.92

* 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.


Freightos  (NAS:CRGO) 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.


Freightos Net Current Asset Value Related Terms

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Freightos (Freightos) Business Description

Traded in Other Exchanges
N/A
Address
1 Derech Agudat Sport HaPo’el, Technology Park Building 2, Jerusalem, ISR, 9695102
Freightos Ltd operates as a vendor-neutral booking and payment platform for international freight. Its platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters. forwarders, and dozens of airlines and ocean carriers. WebCargo by Freightos is a freight platform connecting carriers and forwarders in particular an air cargo eBooking platform. Freightos.com is a digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. The company operates in two segments-Platform segment and Solutions segment. Geographically, the company operates in Europe, Hong Kong, United States which is majority revenue generator and others.