GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Photozou Holdings Inc (OTCPK:PTZH) » Definitions » Net Current Asset Value

Photozou Holdings (Photozou Holdings) Net Current Asset Value : $-0.11 (As of Feb. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Photozou 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).

Photozou Holdings's net current asset value per share for the quarter that ended in Feb. 2024 was $-0.11.

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

PTZH's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.4
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Photozou Holdings Net Current Asset Value Historical Data

The historical data trend for Photozou 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.

Photozou Holdings Net Current Asset Value Chart

Photozou Holdings Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -0.03 -0.04 -0.06 -0.07 -0.09

Photozou Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.08 -0.09 -0.09 -0.09 -0.11

Competitive Comparison of Photozou Holdings's Net Current Asset Value

For the Specialty Retail subindustry, Photozou 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.


Photozou Holdings's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry

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

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



Photozou Holdings Net Current Asset Value Calculation

Photozou Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2023 is calculated as

Net Current Asset Value Per Share(A: Nov. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.101-0.824-0-0)/8
=-0.09

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

Net Current Asset Value Per Share(Q: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.12-0.97-0-0)/8
=-0.11

* 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.


Photozou Holdings  (OTCPK:PTZH) 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.


Photozou Holdings Net Current Asset Value Related Terms

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


Photozou Holdings (Photozou Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Yotsuya Shinjuku-ku, 4-30-4th Floor, Tokyo, JPN, 160-0004
Photozou Holdings Inc is focused on online advertising and the sale of used cameras. The firm engages in offering used cameras, which include mainly high-class digital single-lens reflex cameras. In addition, it provides two types of advertising services that include managing online photo contests and web advertising services specifically geared toward advertisements. The majority of its revenue gets derived from the sale of used cameras.
Executives
Photozou Co., Ltd. 10 percent owner 4-30-4F, YOTSUYA, SHINJUKU-KU, TOKYO M0 164-0004
Koichi Ishizuka director, 10 percent owner, officer: Chief Executive Officer 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011