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E-Home Household Service Holdings (E-Home Household Service Holdings) Net Current Asset Value : $115.06 (As of Jun. 2023)


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What is E-Home Household Service Holdings 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).

E-Home Household Service Holdings's net current asset value per share for the quarter that ended in Jun. 2023 was $115.06.

The historical rank and industry rank for E-Home Household Service Holdings's Net Current Asset Value or its related term are showing as below:

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of E-Home Household Service Holdings was 17.50. The lowest was 0.06. And the median was 0.26.

EJH's Price-to-Net-Current-Asset-Value is not ranked *
in the Personal Services industry.
Industry Median: 7.94
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

E-Home Household Service Holdings Net Current Asset Value Historical Data

The historical data trend for E-Home Household Service Holdings'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.

E-Home Household Service Holdings Net Current Asset Value Chart

E-Home Household Service Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Current Asset Value
Get a 7-Day Free Trial 5,456.00 6,838.00 16,584.52 11,550.68 115.06

E-Home Household Service Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 16,584.52 17,078.87 11,550.68 1,713.06 115.06

Competitive Comparison of E-Home Household Service Holdings's Net Current Asset Value

For the Personal Services subindustry, E-Home Household Service Holdings'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.


E-Home Household Service Holdings's Price-to-Net-Current-Asset-Value Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, E-Home Household Service Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where E-Home Household Service Holdings's Price-to-Net-Current-Asset-Value falls into.



E-Home Household Service Holdings Net Current Asset Value Calculation

E-Home Household Service Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(84.031-20.447-0.881-0)/0.54498
=115.06

E-Home Household Service Holdings'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)
=(84.031-20.447-0.881-0)/0.54498
=115.06

* 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.


E-Home Household Service Holdings  (NAS:EJH) 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.


E-Home Household Service Holdings Net Current Asset Value Related Terms

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E-Home Household Service Holdings (E-Home Household Service Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Yangqiao Road, Dongbai Center, 18th Floor, East Tower, Building B, Gulou District, Fuzhou, CHN, 350001
E-Home Household Service Holdings Ltd is a household service company providing integrated household services through its website and WeChat platform across China. The company offers services including home appliance and housekeeping services. It operates its business mainly by receiving the orders online and providing the services offline. Its operations are organized into five reportable segments: installation and maintenance services, housekeeping services, senior care services, sales of pharmaceutical products and educational consulting services. The group's principal source of revenue comes from the Installation and Maintenance segment, followed by Housekeeping and Senior care services segment.

E-Home Household Service Holdings (E-Home Household Service Holdings) Headlines

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