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Harboes Bryggeri A/S (OCSE:HARB B) Net Current Asset Value : kr24.69 (As of Jan. 2024)


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What is Harboes Bryggeri A/S 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).

Harboes Bryggeri A/S's net current asset value per share for the quarter that ended in Jan. 2024 was kr24.69.

The historical rank and industry rank for Harboes Bryggeri A/S's Net Current Asset Value or its related term are showing as below:

OCSE:HARB B' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.47   Med: 8.38   Max: 31.62
Current: 5.43

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Harboes Bryggeri A/S was 31.62. The lowest was 2.47. And the median was 8.38.

OCSE:HARB B's Price-to-Net-Current-Asset-Value is ranked better than
51.82% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 5.605 vs OCSE:HARB B: 5.43

Harboes Bryggeri A/S Net Current Asset Value Historical Data

The historical data trend for Harboes Bryggeri A/S'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.

Harboes Bryggeri A/S Net Current Asset Value Chart

Harboes Bryggeri A/S Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.80 -21.30 -6.44 6.45 12.74

Harboes Bryggeri A/S Quarterly Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Jul20 Oct20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.00 12.74 21.01 25.55 24.69

Competitive Comparison of Harboes Bryggeri A/S's Net Current Asset Value

For the Beverages - Brewers subindustry, Harboes Bryggeri A/S'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.


Harboes Bryggeri A/S's Price-to-Net-Current-Asset-Value Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri A/S's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri A/S's Price-to-Net-Current-Asset-Value falls into.



Harboes Bryggeri A/S Net Current Asset Value Calculation

Harboes Bryggeri A/S's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2023 is calculated as

Net Current Asset Value Per Share(A: Apr. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(576.846-523.013-0.04-0)/4.22266
=12.74

Harboes Bryggeri A/S's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(622.857-518.727-0-0)/4.218
=24.69

* 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.


Harboes Bryggeri A/S  (OCSE:HARB B) 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.


Harboes Bryggeri A/S Net Current Asset Value Related Terms

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Harboes Bryggeri A/S (OCSE:HARB B) Business Description

Traded in Other Exchanges
N/A
Address
Spegerborgvej 34, Skælskør, DNK, 4230
Harboes Bryggeri A/S is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri A/S (OCSE:HARB B) Headlines

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