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Jedinstvo Sevojno a.d (XBEL:JESV) Net Current Asset Value : RSD3,123.09 (As of Jun. 2023)


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What is Jedinstvo Sevojno a.d 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).

Jedinstvo Sevojno a.d's net current asset value per share for the quarter that ended in Jun. 2023 was RSD3,123.09.

The historical rank and industry rank for Jedinstvo Sevojno a.d's Net Current Asset Value or its related term are showing as below:

XBEL:JESV' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.48   Med: 3.4   Max: 29.67
Current: 1.71

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Jedinstvo Sevojno a.d was 29.67. The lowest was 1.48. And the median was 3.40.

XBEL:JESV's Price-to-Net-Current-Asset-Value is ranked better than
71.77% of 209 companies
in the Conglomerates industry
Industry Median: 3.75 vs XBEL:JESV: 1.71

Jedinstvo Sevojno a.d Net Current Asset Value Historical Data

The historical data trend for Jedinstvo Sevojno a.d'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.

Jedinstvo Sevojno a.d Net Current Asset Value Chart

Jedinstvo Sevojno a.d Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,001.67 1,599.71 2,416.36 2,846.21 3,823.85

Jedinstvo Sevojno a.d Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2,416.36 2,769.50 2,846.21 3,123.09 3,823.85

Competitive Comparison of Jedinstvo Sevojno a.d's Net Current Asset Value

For the Conglomerates subindustry, Jedinstvo Sevojno a.d'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.


Jedinstvo Sevojno a.d's Price-to-Net-Current-Asset-Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jedinstvo Sevojno a.d's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Jedinstvo Sevojno a.d's Price-to-Net-Current-Asset-Value falls into.



Jedinstvo Sevojno a.d Net Current Asset Value Calculation

Jedinstvo Sevojno a.d'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)
=(6272.658-5264.346-118.501-0)/0.2327
=3,823.85

Jedinstvo Sevojno a.d's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5942.783-5145.99-0-0)/0.25513
=3,123.09

* 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.


Jedinstvo Sevojno a.d  (XBEL:JESV) 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.


Jedinstvo Sevojno a.d Net Current Asset Value Related Terms

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Jedinstvo Sevojno a.d (XBEL:JESV) Business Description

Traded in Other Exchanges
N/A
Address
Prvomajska bb, Sevojno, SRB, 31205
Jedinstvo Sevojno a.d is engaged in the design and execution of hydro, thermal and gas installations. The company activities include hydrotechnical and thermotechnical installations, construction work, production program, transport, designing and recycling of raw material. Its projects include Water supply system Zubin Potok, Supply of Pomurje with drinking water - system A and Bar, Montenegro Water Supply and Sanitation of the Adriatic Coast III Bar.

Jedinstvo Sevojno a.d (XBEL:JESV) Headlines

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