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OTCM (OTC Markets Group) Net Current Asset Value : $0.50 (As of Sep. 2024)


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What is OTC Markets Group 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).

OTC Markets Group's net current asset value per share for the quarter that ended in Sep. 2024 was $0.50.

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

OTCM' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.98   Med: 22.94   Max: 1900
Current: 104

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of OTC Markets Group was 1900.00. The lowest was 8.98. And the median was 22.94.

OTCM's Price-to-Net-Current-Asset-Value is ranked worse than
96.83% of 473 companies
in the Capital Markets industry
Industry Median: 3.25 vs OTCM: 104.00

OTC Markets Group Net Current Asset Value Historical Data

The historical data trend for OTC Markets Group'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.

OTC Markets Group Net Current Asset Value Chart

OTC Markets Group 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 -0.66 -0.27 0.22 -0.96 -0.81

OTC Markets Group 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 0.17 -0.81 -0.68 -0.15 0.50

Competitive Comparison of OTC Markets Group's Net Current Asset Value

For the Financial Data & Stock Exchanges subindustry, OTC Markets Group'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.


OTC Markets Group's Price-to-Net-Current-Asset-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OTC Markets Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where OTC Markets Group's Price-to-Net-Current-Asset-Value falls into.



OTC Markets Group Net Current Asset Value Calculation

OTC Markets Group'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)
=(48.592-58.298-0-0)/11.9314
=-0.81

OTC Markets Group'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)
=(49.416-43.488-0-0)/11.9751
=0.50

* 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.


OTC Markets Group  (OTCPK:OTCM) 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.


OTC Markets Group Net Current Asset Value Related Terms

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OTC Markets Group Business Description

Traded in Other Exchanges
N/A
Address
300 Vesey Street, New York, NY, USA, 10282
OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.