What is United Plantation Berhad 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).
United Plantation Berhad's net current asset value per share for the quarter that ended in Mar. 2024 was RM2.12.
The historical rank and industry rank for United Plantation Berhad's Net Current Asset Value or its related term are showing as below:
XKLS:2089'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.17 Med: 6.98 Max: 12.03
Current: 11.98
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of United Plantation Berhad was 12.03. The lowest was 5.17. And the median was 6.98.
XKLS:2089's Price-to-Net-Current-Asset-Value is ranked worse than 76.8% of 970
companies
in the Consumer Packaged Goods industry
Industry Median: 4.865
vs XKLS:2089: 11.98
United Plantation Berhad Net Current Asset Value Historical Data
The historical data trend for United Plantation Berhad'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.
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United Plantation Berhad Net Current Asset Value Chart
Competitive Comparison of United Plantation Berhad's Net Current Asset Value
For the Farm Products subindustry, United Plantation Berhad'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.
United Plantation Berhad's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, United Plantation Berhad's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where United Plantation Berhad's Price-to-Net-Current-Asset-Value falls into.
United Plantation Berhad Net Current Asset Value Calculation
United Plantation Berhad's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 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.
United Plantation Berhad (XKLS:2089) 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.
United Plantation Berhad Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of United Plantation Berhad's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
United Plantation Berhad (XKLS:2089) Business Description
United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.
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