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GDEP Advance (TSE:5885) Net Current Asset Value : 円1,608.52 (As of Feb. 2024)


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What is GDEP Advance 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).

GDEP Advance's net current asset value per share for the quarter that ended in Feb. 2024 was 円1,608.52.

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

TSE:5885' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.48   Med: 8.13   Max: 8.24
Current: 6.08

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of GDEP Advance was 8.24. The lowest was 5.48. And the median was 8.13.

TSE:5885's Price-to-Net-Current-Asset-Value is ranked worse than
65.83% of 1838 companies
in the Hardware industry
Industry Median: 4.155 vs TSE:5885: 6.08

GDEP Advance Net Current Asset Value Historical Data

The historical data trend for GDEP Advance'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.

GDEP Advance Net Current Asset Value Chart

GDEP Advance Annual Data
Trend May21 May22 May23
Net Current Asset Value
666.20 853.25 1,102.91

GDEP Advance Quarterly Data
May21 May22 Feb23 May23 Aug23 Nov23 Feb24
Net Current Asset Value Get a 7-Day Free Trial 1,063.56 1,102.91 1,464.35 1,527.87 1,608.52

Competitive Comparison of GDEP Advance's Net Current Asset Value

For the Computer Hardware subindustry, GDEP Advance'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.


GDEP Advance's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GDEP Advance's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



GDEP Advance Net Current Asset Value Calculation

GDEP Advance's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2023 is calculated as

Net Current Asset Value Per Share(A: May. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2663.816-1207.981-0-0)/1.32
=1,102.91

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

Net Current Asset Value Per Share(Q: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3453.172-1317.107-0-0)/1.32797
=1,608.52

* 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.


GDEP Advance  (TSE:5885) 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.


GDEP Advance Net Current Asset Value Related Terms

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GDEP Advance (TSE:5885) Business Description

Traded in Other Exchanges
N/A
Address
3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803
GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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