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A P Moller Maersk AS (OCSE:MAERSK A) Net Current Asset Value : kr1,110.97 (As of Sep. 2024)


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What is A P Moller Maersk AS 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).

A P Moller Maersk AS's net current asset value per share for the quarter that ended in Sep. 2024 was kr1,110.97.

The historical rank and industry rank for A P Moller Maersk AS's Net Current Asset Value or its related term are showing as below:

OCSE:MAERSK A' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.63   Med: 9.7   Max: 47.32
Current: 10.05

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of A P Moller Maersk AS was 47.32. The lowest was 3.63. And the median was 9.70.

OCSE:MAERSK A's Price-to-Net-Current-Asset-Value is ranked worse than
72.59% of 321 companies
in the Transportation industry
Industry Median: 4.25 vs OCSE:MAERSK A: 10.05

A P Moller Maersk AS Net Current Asset Value Historical Data

The historical data trend for A P Moller Maersk AS'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.

A P Moller Maersk AS Net Current Asset Value Chart

A P Moller Maersk AS 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 -5,219.51 -4,263.73 -689.91 4,135.31 1,262.30

A P Moller Maersk AS 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 1,432.50 1,262.30 608.20 255.79 1,110.97

Competitive Comparison of A P Moller Maersk AS's Net Current Asset Value

For the Marine Shipping subindustry, A P Moller Maersk AS'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.


A P Moller Maersk AS's Price-to-Net-Current-Asset-Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A P Moller Maersk AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where A P Moller Maersk AS's Price-to-Net-Current-Asset-Value falls into.



A P Moller Maersk AS Net Current Asset Value Calculation

A P Moller Maersk AS'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)
=(212029.166-184607.948-7244.888-0)/15.9838
=1,262.30

A P Moller Maersk AS'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)
=(215641.082-191093.51-7053.9-0)/15.7463
=1,110.97

* 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.


A P Moller Maersk AS  (OCSE:MAERSK A) 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.


A P Moller Maersk AS Net Current Asset Value Related Terms

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A P Moller Maersk AS Business Description

Address
Esplanaden 50, Copenhagen, DNK, 1263
Denmark-listed A.P. Moller-Maersk operates trade, shipping, logistics and terminal assets globally. The oceans segment, the largest contributor to group revenue and earnings, has the second-largest oceangoing shipping capacity globally. Maersk has acquired several logistics firms in the past couple of years and plans for the segment to be the company's growth engine. Over the past few years, Maersk has divested noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations and ocean towing.

A P Moller Maersk AS Headlines

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