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Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Net Current Asset Value : ₺4.02 (As of Dec. 2023)


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What is Alkim Kagitnayi ve Ticaret 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).

Alkim Kagitnayi ve Ticaret AS's net current asset value per share for the quarter that ended in Dec. 2023 was ₺4.02.

The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's Net Current Asset Value or its related term are showing as below:

IST:ALKA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.11   Med: 2.44   Max: 7.03
Current: 6.8

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Alkim Kagitnayi ve Ticaret AS was 7.03. The lowest was 1.11. And the median was 2.44.

IST:ALKA's Price-to-Net-Current-Asset-Value is ranked worse than
70.31% of 128 companies
in the Forest Products industry
Industry Median: 3.095 vs IST:ALKA: 6.80

Alkim Kagitnayi ve Ticaret AS Net Current Asset Value Historical Data

The historical data trend for Alkim Kagitnayi ve Ticaret 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.

Alkim Kagitnayi ve Ticaret AS Net Current Asset Value Chart

Alkim Kagitnayi ve Ticaret 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 0.73 0.99 1.74 5.27 4.02

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 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 0.73 0.99 1.74 5.27 4.02

Competitive Comparison of Alkim Kagitnayi ve Ticaret AS's Net Current Asset Value

For the Paper & Paper Products subindustry, Alkim Kagitnayi ve Ticaret 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.


Alkim Kagitnayi ve Ticaret AS's Price-to-Net-Current-Asset-Value Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's Price-to-Net-Current-Asset-Value falls into.



Alkim Kagitnayi ve Ticaret AS Net Current Asset Value Calculation

Alkim Kagitnayi ve Ticaret 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)
=(1172.381-434.282-0-0)/183.75
=4.02

Alkim Kagitnayi ve Ticaret AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1172.381-434.282-0-0)/183.75
=4.02

* 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.


Alkim Kagitnayi ve Ticaret AS  (IST:ALKA) 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.


Alkim Kagitnayi ve Ticaret AS Net Current Asset Value Related Terms

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Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Business Description

Traded in Other Exchanges
N/A
Address
Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730
Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Headlines

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