GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GameStop Corp (NYSE:GME) » Definitions » Net Current Asset Value
中文

GameStop (GameStop) Net Current Asset Value : $1.98 (As of Jan. 2024)


View and export this data going back to 2002. Start your Free Trial

GameStop Net Current Asset Value Definition

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).

GameStop's net current asset value per share for the quarter that ended in Jan. 2024 was $1.98.

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

GME' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.75   Med: 8.94   Max: 12.5
Current: 5.52

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of GameStop was 12.50. The lowest was 2.75. And the median was 8.94.

GME's Price-to-Net-Current-Asset-Value is ranked worse than
62.38% of 537 companies
in the Retail - Cyclical industry
Industry Median: 3.59 vs GME: 5.52

GameStop Net Current Asset Value Historical Data

The historical data trend for GameStop'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.

GameStop Net Current Asset Value Chart

GameStop Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.23 -1.86 2.31 1.75 1.98

GameStop Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.75 1.50 1.54 1.61 1.98

Competitive Comparison of GameStop's Net Current Asset Value

For the Specialty Retail subindustry, GameStop'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.


GameStop Price-to-Net-Current-Asset-Value Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, GameStop's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



GameStop Net Current Asset Value Calculation

GameStop's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(A: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1974.2-1370.4-0-0)/305.7
=1.98

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

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1974.2-1370.4-0-0)/305.7
=1.98

* 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.


GameStop  (NYSE:GME) 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.


GameStop Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of GameStop's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


GameStop (GameStop) Business Description

Address
625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites, including www.gamestop.com, www.ebgames.com.au, and www.micromania.fr. The company has two main business segments: Video game brands and Technology brands. The technology brands segment sells wireless products and services and operates Spring Mobile managed AT&T and Cricket Wireless branded stores, along with the Simply Mac business.
Executives
Mark Haymond Robinson officer: General Manager 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Daniel William Moore officer: PAO and Interim PFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Lawrence Cheng director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Alain Attal director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Nir Vinay Patel officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Diana Saadeh-jajeh officer: SVP, Interim CFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Ryan Cohen director, 10 percent owner C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Rc Ventures Llc 10 percent owner PO BOX 25250, PMB 30427, MIAMI FL 33102
Michael Recupero officer: Chief Financial Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
James Grube director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Matthew Furlong director, officer: Chief Executive Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPVINE TX 76051
Yang Xu director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Jenna Owens officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Raul J Fernandez director 11600 SUNRISE VALLEY DR, RESTON VA 20191
Kathy P Vrabeck director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051

GameStop (GameStop) Headlines

From GuruFocus

GameStop's Bear Case Continues to Widen

By Muslim Farooque 07-25-2022

GameStop Announces Release Date for First Quarter Fiscal 2023 Results

By Business Wire Business Wire 05-30-2023

GameStop Launches Wallet for Cryptocurrencies and NFTs

By Business Wire Business Wire 05-23-2022

GameStop Announces Election of Ryan Cohen as Executive Chairman

By Business Wire Business Wire 06-07-2023

GameStop's NFT Marketplace Launches with ImmutableX

By Business Wire Business Wire 10-31-2022

GameStop (GME): A Comprehensive Valuation Analysis

By GuruFocus Research 11-28-2023

From FOMO to Just Plain Fear

By Jacob Wolinsky 02-07-2022