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Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUAC1) Net Current Asset Value : S/.-1.92 (As of Dec. 2018)


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What is Union de Cervecerias Peruanas Backus & Johnston 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).

Union de Cervecerias Peruanas Backus & Johnston's net current asset value per share for the quarter that ended in Dec. 2018 was S/.-1.92.

The historical rank and industry rank for Union de Cervecerias Peruanas Backus & Johnston's Net Current Asset Value or its related term are showing as below:

LIM:BACKUAC1's Price-to-Net-Current-Asset-Value is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 5.57
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Union de Cervecerias Peruanas Backus & Johnston Net Current Asset Value Historical Data

The historical data trend for Union de Cervecerias Peruanas Backus & Johnston'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.

Union de Cervecerias Peruanas Backus & Johnston Net Current Asset Value Chart

Union de Cervecerias Peruanas Backus & Johnston Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.46 -2.47 -2.83 -2.46 -1.92

Union de Cervecerias Peruanas Backus & Johnston Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 -2.46 -2.47 -2.83 -2.46 -1.92

Competitive Comparison of Union de Cervecerias Peruanas Backus & Johnston's Net Current Asset Value

For the Beverages - Brewers subindustry, Union de Cervecerias Peruanas Backus & Johnston'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.


Union de Cervecerias Peruanas Backus & Johnston's Price-to-Net-Current-Asset-Value Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Union de Cervecerias Peruanas Backus & Johnston's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Union de Cervecerias Peruanas Backus & Johnston's Price-to-Net-Current-Asset-Value falls into.



Union de Cervecerias Peruanas Backus & Johnston Net Current Asset Value Calculation

Union de Cervecerias Peruanas Backus & Johnston's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net Current Asset Value Per Share(A: Dec. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2457.747-3108.714-21.139-569.515)/647.413
=-1.92

Union de Cervecerias Peruanas Backus & Johnston's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2018 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2457.747-3108.714-21.139-569.515)/647.413
=-1.92

* 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.


Union de Cervecerias Peruanas Backus & Johnston  (LIM:BACKUAC1) 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.


Union de Cervecerias Peruanas Backus & Johnston Net Current Asset Value Related Terms

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Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUAC1) Business Description

Traded in Other Exchanges
N/A
Address
Av. Nicolas Ayllon Number 3986, Ate, Lima, PER
Union de Cervecerias Peruanas Backus & Johnston SA produces, sells and distributes malt liquors and malt soft drinks and carbonated water. The company operates domestically. It provides products under the Crystal, Pilsen Callao, Cusquena, Backus Ice, Pilsen Trujillo, Arequipa, San Juan, Real Fiesta, Abraxas, Miller Genuine Draft, Peroni Nastro Azzurro, Grolsch, Saint Matthew, Guarana Backus, Maltin Power, Viva Backus, and Water Tonic Backus brands.

Union de Cervecerias Peruanas Backus & Johnston (LIM:BACKUAC1) Headlines

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