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Athos Immobilien AG (WBO:ATH) Net Current Asset Value : €-33.15 (As of Dec. 2023)


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What is Athos Immobilien AG 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).

Athos Immobilien AG's net current asset value per share for the quarter that ended in Dec. 2023 was €-33.15.

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

WBO:ATH's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.345
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Athos Immobilien AG Net Current Asset Value Historical Data

The historical data trend for Athos Immobilien AG'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.

Athos Immobilien AG Net Current Asset Value Chart

Athos Immobilien AG 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 -16.86 -16.31 -18.64 -29.44 -33.15

Athos Immobilien AG Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 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 -16.86 -16.31 -18.64 -29.44 -33.15

Competitive Comparison of Athos Immobilien AG's Net Current Asset Value

For the Real Estate - Diversified subindustry, Athos Immobilien AG'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.


Athos Immobilien AG's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Athos Immobilien AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Athos Immobilien AG's Price-to-Net-Current-Asset-Value falls into.



Athos Immobilien AG Net Current Asset Value Calculation

Athos Immobilien AG'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)
=(0.723-58.548-0-0)/1.74437
=-33.15

Athos Immobilien AG'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)
=(0.723-58.548-0-0)/1.74437
=-33.15

* 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.


Athos Immobilien AG  (WBO:ATH) 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.


Athos Immobilien AG Net Current Asset Value Related Terms

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Athos Immobilien AG (WBO:ATH) Business Description

Traded in Other Exchanges
N/A
Address
Waltherstrasse 11, Linz, AUT, 4020
Athos Immobilien AG is an investment company. Athos operates through its subsidiaries in the real estate investment sector. It also develops and manages residential and commercial real estate. The company's Real Estate projects are Wohnpark Galli 4210 Gallneukirchen, 4040 Linz, Hohe Straße, Hammerl-Wohnpark, 4600 Wels, Volksgartenstraße 11-15a, 4040 Linz, Landgutstraße 9, 1140 Vienna, Spallartgasse 19 and Grünwinkel, 4040 Urfahr.