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Sanlorenzo SpA (MIL:SL) Net Current Asset Value : €2.08 (As of Sep. 2023)


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What is Sanlorenzo SpA 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).

Sanlorenzo SpA's net current asset value per share for the quarter that ended in Sep. 2023 was €2.08.

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

MIL:SL' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 17.07   Med: 26.67   Max: 246.92
Current: 20.41

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sanlorenzo SpA was 246.92. The lowest was 17.07. And the median was 26.67.

MIL:SL's Price-to-Net-Current-Asset-Value is ranked worse than
83.58% of 670 companies
in the Vehicles & Parts industry
Industry Median: 5 vs MIL:SL: 20.41

Sanlorenzo SpA Net Current Asset Value Historical Data

The historical data trend for Sanlorenzo SpA'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.

Sanlorenzo SpA Net Current Asset Value Chart

Sanlorenzo SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
-0.20 0.09 0.62 0.98 1.46

Sanlorenzo SpA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 -6.50 1.46 1.95 1.50 2.08

Competitive Comparison of Sanlorenzo SpA's Net Current Asset Value

For the Recreational Vehicles subindustry, Sanlorenzo SpA'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.


Sanlorenzo SpA's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanlorenzo SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Sanlorenzo SpA Net Current Asset Value Calculation

Sanlorenzo SpA'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)
=(506.027-453.707-1.55-0)/34.6609
=1.46

Sanlorenzo SpA'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)
=(539.926-466.938-0.782-0)/34.6981
=2.08

* 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.


Sanlorenzo SpA  (MIL:SL) 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.


Sanlorenzo SpA Net Current Asset Value Related Terms

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Sanlorenzo SpA (MIL:SL) Business Description

Traded in Other Exchanges
Address
Via Armezzone, 3, Cantieri Navali di Ameglia, Ameglia, ITA, 19031
Sanlorenzo SpA is engaged in developing, designing, and building motor yachts. The company operates in three segments: Yacht, Superyacht, and Blue game, of which the majority of its revenue comes from the Yacht segment that designs, manufactures, and markets composite yachts between 24 and 38 meters long, under the Sanlorenzo brand. Its manufacturing activities are carried out through shipyards located in Spezia, Ameglia, Viareggio, and Massa. The company's geographical segments are Italy, Europe (other countries), United States, the Americas (other countries), Asia Pacific, and the Middle East and Africa.

Sanlorenzo SpA (MIL:SL) Headlines

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