What is Access Group Holdings Co 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).
Access Group Holdings Co's net current asset value per share for the quarter that ended in Dec. 2023 was 円350.01.
The historical rank and industry rank for Access Group Holdings Co's Net Current Asset Value or its related term are showing as below:
TSE:7042'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.9 Med: 3.88 Max: 19.24
Current: 2.56
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Access Group Holdings Co was 19.24. The lowest was 1.90. And the median was 3.88.
TSE:7042's Price-to-Net-Current-Asset-Value is ranked better than 67.65% of 34
companies
in the Personal Services industry
Industry Median: 8.1
vs TSE:7042: 2.56
Access Group Holdings Co Net Current Asset Value Historical Data
The historical data trend for Access Group Holdings Co'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.
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Access Group Holdings Co Net Current Asset Value Chart
Competitive Comparison of Access Group Holdings Co's Net Current Asset Value
For the Personal Services subindustry, Access Group Holdings Co'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.
Access Group Holdings Co's Price-to-Net-Current-Asset-Value Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Access Group Holdings Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Access Group Holdings Co's Price-to-Net-Current-Asset-Value falls into.
Access Group Holdings Co Net Current Asset Value Calculation
Access Group Holdings Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2021 is calculated as
* 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.
Access Group Holdings Co (TSE:7042) 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 Grahams 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.
Access Group Holdings Co Net Current Asset Value Related Terms
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Access Group Holdings Co (TSE:7042) Business Description
Access Group Holdings Co Ltd is engaged in the promotion, human resource recruitment public relations, and school public relations businesses. Under the Promotion business it supports sales promotion activities of companies and corporations. Under the human resource recruitment public relation, it is focused on public relations projects for young people, mainly graduates. Further, it also plans and manages employment information sites and joint company briefing sessions; and offers recruitment support service; and the School public relation business plans and operates admission information site, junior high school information magazine, newspaper coalition, and joint explanatory meeting, as well as produces various publicity tools, including Website and Web application system.
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