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Roku (ROKU) Net Current Asset Value : $9.29 (As of Sep. 2024)


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What is Roku 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).

Roku's net current asset value per share for the quarter that ended in Sep. 2024 was $9.29.

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

ROKU' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.75   Med: 24.25   Max: 104.61
Current: 6.9

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Roku was 104.61. The lowest was 4.75. And the median was 24.25.

ROKU's Price-to-Net-Current-Asset-Value is ranked worse than
76.71% of 541 companies
in the Media - Diversified industry
Industry Median: 3.44 vs ROKU: 6.90

Roku Net Current Asset Value Historical Data

The historical data trend for Roku'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.

Roku Net Current Asset Value Chart

Roku Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 1.28 5.90 12.87 8.56 7.93

Roku Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.63 7.93 8.33 8.73 9.29

Competitive Comparison of Roku's Net Current Asset Value

For the Entertainment subindustry, Roku'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.


Roku's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Roku's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Roku Net Current Asset Value Calculation

Roku'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)
=(3072.942-1935.459-0-0)/143.502
=7.93

Roku's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3186.43-1842.906-0-0)/144.689
=9.29

* 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.


Roku  (NAS:ROKU) 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.


Roku Net Current Asset Value Related Terms

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Roku Business Description

Address
1155 Coleman Avenue, San Jose, CA, USA, 95110
Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.
Executives
Dan Jedda officer: CFO C/O STITCH FIX, INC., 1 MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Charles Collier officer: President, Roku Media 1155 COLEMAN AVE, SAN JOSE CA 95110
Anthony J. Wood director, 10 percent owner, officer: CEO and Chairman BOD C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Matthew C. Banks officer: VP, Corp Controller & CAO 1155 COLEMAN AVE, SAN JOSE CA 95110
Gilbert Fuchsberg officer: SVP, Corporate Development 1155 COLEMAN AVE, SAN JOSE CA 95110
Stephen H Kay officer: SVP General Counsel, Secretary 6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Mai Fyfield director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Jeffrey M Blackburn director PO BOX 81226, SEATTLE WA 98108-1226
Mustafa Ozgen officer: President, Devices 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Gidon Katz officer: President, Consumer Experience 1155 COLEMAN AVE, SAN JOSE CA 95110
Ray A. Rothrock director 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Ravi Ahuja director C/O TWENTY-FIRST CENTURY FOX, INC., 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gina Luna director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Laurie Simon Hodrick director C/O 655 BROAD STREET, NEWARK NJ 07102
Jeff Hastings director AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876