What is Star Plus Legend 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).
Star Plus Legend Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was HK$0.69.
The historical rank and industry rank for Star Plus Legend Holdings's Net Current Asset Value or its related term are showing as below:
HKSE:06683'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.94 Med: 10.94 Max: 16.55
Current: 16.41
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Star Plus Legend Holdings was 16.55. The lowest was 10.94. And the median was 10.94.
HKSE:06683's Price-to-Net-Current-Asset-Value is ranked worse than 82.66% of 969
companies
in the Consumer Packaged Goods industry
Industry Median: 4.8
vs HKSE:06683: 16.41
Star Plus Legend Holdings Net Current Asset Value Historical Data
The historical data trend for Star Plus Legend 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.
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Star Plus Legend Holdings Net Current Asset Value Chart
Competitive Comparison of Star Plus Legend Holdings's Net Current Asset Value
For the Packaged Foods subindustry, Star Plus Legend 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.
Star Plus Legend Holdings's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Star Plus Legend Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Star Plus Legend Holdings's Price-to-Net-Current-Asset-Value falls into.
Star Plus Legend Holdings Net Current Asset Value Calculation
Star Plus Legend Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Star Plus Legend Holdings (HKSE:06683) 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 Grahams 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.
Star Plus Legend Holdings Net Current Asset Value Related Terms
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Star Plus Legend Holdings (HKSE:06683) Business Description
Star Plus Legend Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in new retail business and IP creation and operation business in the People's Republic of China. In the new retail business, the company primarily develops and sells health management products and skincare products. In the IP creation and operation business, the company creates unique celebrity IPs by providing planning and other project management services to media content, acting as an event planning service provider and investor in large-scale concerts featuring celebrities and other events, together with designing and licensing proprietary celebrity IPs. The majority of revenue is derived from the new retail business.
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