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).
J&J Snack Foods's net current asset value per share for the quarter that ended in Mar. 2024 was €0.03.
The historical rank and industry rank for J&J Snack Foods's Net Current Asset Value or its related term are showing as below:
STU:JJ1'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.46 Med: 12.59 Max: 5412
Current: 4966.67
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of J&J Snack Foods was 5412.00. The lowest was 9.46. And the median was 12.59.
STU:JJ1's Price-to-Net-Current-Asset-Value is ranked worse than 99.9% of 973
companies
in the Consumer Packaged Goods industry
Industry Median: 4.86
vs STU:JJ1: 4966.67
J&J Snack Foods Net Current Asset Value Historical Data
The historical data trend for J&J Snack Foods'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.
Competitive Comparison of J&J Snack Foods's Net Current Asset Value
For the Packaged Foods subindustry, J&J Snack Foods'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.
J&J Snack Foods's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where J&J Snack Foods's Price-to-Net-Current-Asset-Value falls into.
J&J Snack Foods Net Current Asset Value Calculation
J&J Snack Foods's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 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.
J&J Snack Foods (STU:JJ1) 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.
J&J Snack Foods Net Current Asset Value Related Terms
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J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.
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