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Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Net Current Asset Value : ₺1.38 (As of Sep. 2023)


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What is Frigo Pak Gida Maddelerin Ve Ticaret AS 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).

Frigo Pak Gida Maddelerin Ve Ticaret AS's net current asset value per share for the quarter that ended in Sep. 2023 was ₺1.38.

The historical rank and industry rank for Frigo Pak Gida Maddelerin Ve Ticaret AS's Net Current Asset Value or its related term are showing as below:

IST:FRIGO' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.3   Med: 5.29   Max: 19.87
Current: 5.64

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Frigo Pak Gida Maddelerin Ve Ticaret AS was 19.87. The lowest was 4.30. And the median was 5.29.

IST:FRIGO's Price-to-Net-Current-Asset-Value is ranked worse than
55.31% of 969 companies
in the Consumer Packaged Goods industry
Industry Median: 4.8 vs IST:FRIGO: 5.64

Frigo Pak Gida Maddelerin Ve Ticaret AS Net Current Asset Value Historical Data

The historical data trend for Frigo Pak Gida Maddelerin Ve Ticaret AS'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.

Frigo Pak Gida Maddelerin Ve Ticaret AS Net Current Asset Value Chart

Frigo Pak Gida Maddelerin Ve Ticaret AS Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.08 0.06 0.67 1.17

Frigo Pak Gida Maddelerin Ve Ticaret AS Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.04 1.17 1.21 1.26 1.38

Competitive Comparison of Frigo Pak Gida Maddelerin Ve Ticaret AS's Net Current Asset Value

For the Packaged Foods subindustry, Frigo Pak Gida Maddelerin Ve Ticaret AS'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.


Frigo Pak Gida Maddelerin Ve Ticaret AS's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Frigo Pak Gida Maddelerin Ve Ticaret AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Frigo Pak Gida Maddelerin Ve Ticaret AS's Price-to-Net-Current-Asset-Value falls into.



Frigo Pak Gida Maddelerin Ve Ticaret AS Net Current Asset Value Calculation

Frigo Pak Gida Maddelerin Ve Ticaret AS'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)
=(391.653-247.956-0-0)/122.35
=1.17

Frigo Pak Gida Maddelerin Ve Ticaret AS'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)
=(451.173-282.457-0-0)/122.35
=1.38

* 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.


Frigo Pak Gida Maddelerin Ve Ticaret AS  (IST:FRIGO) 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.


Frigo Pak Gida Maddelerin Ve Ticaret AS Net Current Asset Value Related Terms

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Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Business Description

Traded in Other Exchanges
N/A
Address
Fenerbahce Mahallesi Haci Mehmet Sok. No. 24 F, Block Apartment: 21-22, Kadikoy, Istanbul, TUR
Frigo Pak Gida Maddeleri San Ve Ticaret AS is a food producer and exporter. The company manufactures gas and non-carbonated beverages, fruit juice, canned, frozen food as well as puree and sauces. It exports its products to more than 10 countries. The company products include sunpride, sunpride organic, strawberry canned, Erik canned food, mexican beans, and sour cherry.

Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Headlines

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