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Teton Advisors (Teton Advisors) Net Current Asset Value : $13.71 (As of Mar. 2024)


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What is Teton Advisors 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).

Teton Advisors's net current asset value per share for the quarter that ended in Mar. 2024 was $13.71.

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

TETAA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.04   Med: 1.33   Max: 1.87
Current: 1.09

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Teton Advisors was 1.87. The lowest was 1.04. And the median was 1.33.

TETAA's Price-to-Net-Current-Asset-Value is ranked better than
78.14% of 366 companies
in the Asset Management industry
Industry Median: 3.3 vs TETAA: 1.09

Teton Advisors Net Current Asset Value Historical Data

The historical data trend for Teton Advisors'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.

Teton Advisors Net Current Asset Value Chart

Teton Advisors Annual Data
Trend Dec21 Dec22 Dec23
Net Current Asset Value
9.40 12.12 13.39

Teton Advisors Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.37 12.75 13.14 13.39 13.71

Competitive Comparison of Teton Advisors's Net Current Asset Value

For the Asset Management subindustry, Teton Advisors'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.


Teton Advisors's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Teton Advisors's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Teton Advisors Net Current Asset Value Calculation

Teton Advisors'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)
=(24.379-2.389-0-0)/1.64214
=13.39

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

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(24.97-2.463-0-0)/1.64214
=13.71

* 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.


Teton Advisors  (OTCPK:TETAA) 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.


Teton Advisors Net Current Asset Value Related Terms

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Teton Advisors (Teton Advisors) Business Description

Traded in Other Exchanges
N/A
Address
189 Mason Street, Greenwich, CT, USA, 06830
Teton Advisors Inc is a multi asset manager company uncovering opportunities within inefficient markets, and are pioneer in micro, small and mid-cap value investing. It offers a product suite of mutual funds and separate account strategies, With complementary investment teams expanding research coverage across the platform and marketing efforts levered against a larger organization. The company aims at value creation for both clients and shareholders. The Company operates in one business segment that is the investment advisory and asset management business.
Executives
Westwood Management Corp /tx 10 percent owner 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Howard F. Ward director 401 THEODORE FREMD AVENUE, RYE NY 10580
Jeffrey M Farber officer: Chief Financial Officer C/O THE HANOVER INSURANCE GROUP, 440 LINCOLN STREET, WORCESTER MA 01653
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Bruce N Alpert director, officer: Chairman C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Douglas R Jamieson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership 10 percent owner
Edward T Tokar director
Nicholas F. Galluccio director, officer: CEO & President C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580
Alfred W. Fiore director C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580

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