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Crown Paints Kenya (NAI:CRWN) Net Current Asset Value : KES9.80 (As of Dec. 2022)


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What is Crown Paints Kenya 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).

Crown Paints Kenya's net current asset value per share for the quarter that ended in Dec. 2022 was KES9.80.

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

NAI:CRWN' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.05   Med: 8.66   Max: 40.46
Current: 3.73

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Crown Paints Kenya was 40.46. The lowest was 3.05. And the median was 8.66.

NAI:CRWN's Price-to-Net-Current-Asset-Value is ranked better than
59.83% of 921 companies
in the Chemicals industry
Industry Median: 4.86 vs NAI:CRWN: 3.73

Crown Paints Kenya Net Current Asset Value Historical Data

The historical data trend for Crown Paints Kenya'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.

Crown Paints Kenya Net Current Asset Value Chart

Crown Paints Kenya 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 -4.81 -5.02 0.87 9.09 9.80

Crown Paints Kenya Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.81 -5.02 0.87 9.09 9.80

Competitive Comparison of Crown Paints Kenya's Net Current Asset Value

For the Specialty Chemicals subindustry, Crown Paints Kenya'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.


Crown Paints Kenya's Price-to-Net-Current-Asset-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown Paints Kenya's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Crown Paints Kenya Net Current Asset Value Calculation

Crown Paints Kenya'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)
=(6910.074-5515.487-0-0)/142.362
=9.80

Crown Paints Kenya's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(6910.074-5515.487-0-0)/142.362
=9.80

* 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.


Crown Paints Kenya  (NAI:CRWN) 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.


Crown Paints Kenya Net Current Asset Value Related Terms

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Crown Paints Kenya (NAI:CRWN) Business Description

Traded in Other Exchanges
N/A
Address
Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507
Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.

Crown Paints Kenya (NAI:CRWN) Headlines

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