This is not to say that I have any great conviction about Japan or Japanese net
current asset value stocks.
This site is dedicated to undervalued asset situations, but I haven't yet spent much time on undervalued asset situations other than liquidations and Graham net
current asset value stocks.
I am going to invest in Japanese net
current asset value stocks.
The contention is whether these net
current asset value stocks will perform as they have in other countries, or whether they are destined to remain net current asset value bargains, the classic «value traps.»
It's something I've been thinking about a great deal recently as I grapple with the merits of an investment in Japanese net
current asset value stocks.
He wrote his masters thesis on the performance of Net
Current Asset Value stocks.
Not exact matches
That's why Kaplan suggests that business owners looking for appreciation beyond the growing
value of their companies speak to an investment advisor about assembling a portfolio composed of a combination of equities, real estate and hard
assets and generating
current income through bonds and dividend - paying
stocks.
The implementation of Grahams approach was performed pretty simply: Annually on Dezember 31,
stocks trading below 0.75 times net
current asset value (NCAV) were selected and a diversified portfolio was constructed.
His net - net selection criterion was buying
stocks trading as low as 2/3 of their net
current asset value (NCAV).
The fifth criterion Graham and Rea used called for the
stock price to be below the company's per share net
current asset value NCAV or «net quick»
asset value.
Previously, Graham and Rea looked for companies with
stock prices below their net
current asset value.
Posted in Activist Investors, ARC Wireless Solutions (NASDAQ: ARCW), Brean Murray Carret,
Stocks, tagged ARC Wireless Solutions (NASDAQ: ARCW), Brean Murray Carret, Net Cash
Stock, Net
Current Asset Value, Net Net
Stock, Net Quick
Value on January 28, 2009 3 Comments»
Posted in Activist Investors, Aldebran Capital, Chromcraft Revington (AMEX: CRC), Net Cash
Stocks, Net Net
Stocks,
Stocks Tagged distressed investing, Liquidating
Value, Net
Current Asset Value, Net Net
Stock, Net Quick
Value 1 Comment
When a
stock is selling at much less than its net
current asset value, this fact is always of interest, although it is by no means conclusive proof that the issue is undervalued.
In Ben Graham's Net
Current Asset Values: A Performance Update Professor Henry Oppenheimer examined the return on stocks selected using Benjamin Graham's net current asset value strategy over the period 1970 t
Current Asset Values: A Performance Update Professor Henry Oppenheimer examined the return on stocks selected using Benjamin Graham's net current asset value strategy over the period 1970 to
Asset Values: A Performance Update Professor Henry Oppenheimer examined the return on
stocks selected using Benjamin Graham's net
current asset value strategy over the period 1970 t
current asset value strategy over the period 1970 to
asset value strategy over the period 1970 to 1983.
Posted in Activist Investors, Net Cash
Stocks, Net Net
Stocks,
Stocks, VaxGen Inc (OTC: VXGN) Tagged Activist investment, Liquidation
Value, Net Cash
Stock, Net
Current Asset Value, VaxGen Inc (OTC: VXGN) 13 Comments
Posted in About, Net
Current Asset Value,
Stocks,
Value Investment, tagged NCAV, Net
Current Asset Value, Price - to - book
Value on December 16, 2009 3 Comments»
Posted in Arrhythmia Research Technology Inc (AMEX: HRT),
Stocks Tagged Arrhythmia Research Technology Inc (AMEX: HRT), Liquidating
Value, Net
Current Asset Value,
Stock buy back 5 Comments
The
current trading
value of an ETFs is derived from the net
asset value of the underlying
stocks / commodities that it represents.
Posted in About, Activist Investors,
Stocks, tagged Activist investment, Liquidating
Value, Net
Current Asset Value on April 12, 2010 1 Comment»
Posted in Autobytel (NASDAQ: ABTL), Net Cash
Stocks, Net Net
Stocks, Trilogy, tagged ABTL, Net
Current Asset Value, Net Net
Stock, Net Quick
Value on December 11, 2008 4 Comments»
Posted in About, Activist Investors,
Stocks Tagged Activist investment, Liquidating
Value, Net
Current Asset Value 1 Comment
Posted in About, Net Cash
Stocks, Net Net
Stocks, Share buy - backs, tagged MEMSIC INC (NASDAQ: MEMS), Net Cash
Stock, Net
Current Asset Value on January 22, 2009 2 Comments»
Net
Current Asset Value = (
Current Assets --(Total Liabilities + Preferred
Stock)-RRB- / Total Shares Outstanding
The Net
Current Asset Value (NCAV) calculates the value of a firm's cash, inventory, and receivables less all liabilities and preferred stock which is treated as
Value (NCAV) calculates the
value of a firm's cash, inventory, and receivables less all liabilities and preferred stock which is treated as
value of a firm's cash, inventory, and receivables less all liabilities and preferred
stock which is treated as debt.
Greenbackd is so called because it was initially solely devoted to
stocks trading at a discount to net cash
value (
stocks backed by a surplus of Greenbacks, hence «Greenback'd»), net
current asset value, negative enterprise
value, or liquidation
value.
Based on
current positioning, we expect the All
Asset strategies to benefit from the following return tailwinds: a stable to rising breakeven inflation rate, appreciating EM currencies, convergence of EM - to - U.S. cyclically adjusted price / earnings (CAPE) ratios toward longer - term averages, and appreciation of global
value stocks from today's elevated discounts toward longer - term norms.
Working capital calculations such as Net
Current Asset Value (NCAV) and Net Net Working Capital (NNWC) provide valuable metrics with which to measure against price in order to identify bargain
stocks.
Among these are avoiding companies with too much debt; looking for a margin of safety, such as over - 2.0
current ratio (
current assets dividend by
current liabilities); and seeking
stocks trading at low price - earnings ratios and low price - to - book -
value ratios.
G&D point to the attraction of acquiring common
stocks at prices below liquidating
value, especially prices below net, net
current assets.
Your
assets also technically include the balance in any bank accounts in your name, or the
current value stocks bonds that you have your wallet.
Line 44 compares the
stock market's overall
value to the
current value of
assets owned by corporations.
Posted in About, Austrian Economics, Net
Current Asset Value,
Stocks,
Value Investment, tagged Austrian School of Economics, Joe Calandro,
Value Investment on December 9, 2009 Leave a Comment»
Posted in About, Net
Current Asset Value,
Stocks,
Value Investment Tagged NCAV, Net
Current Asset Value, Price - to - book
Value 3 Comments
The few
stocks that do have a positive net
current asset value are generally trading a substantial premium to that
value, with the exception of NWD and ZING, which qualify as Graham net nets.
Posted in Activist Investors, Audiovox Corporation (NASDAQ: VOXX), Howson Tattersall, Net Net
Stocks,
Stocks Tagged Audiovox Corporation (NASDAQ: VOXX), Howson Tattersall, Liquidating
Value, Net
Current Asset Value, Net Net
Stock 1 Comment
Posted in Liquidation
Value, Net
Current Asset Value, Net Quick
Stocks, Net Quick
Value, Seth Klarman,
Stocks Tagged Liquidating
Value, Net
Current Asset Value, Net Net
Stock, Seth Klarman 7 Comments
Posted in Activist Investors, MRV Communications Inc (OTC: MRVC),
Stocks,
Value Investors for Change, tagged Activist investment, Liquidation
Value, MRV Communications Inc (OTC: MRVC), Net
Current Asset Value,
Value Investors for Change on October 8, 2009 2 Comments»
Posted in Activist Investors, MRV Communications Inc (OTC: MRVC), Special Situation,
Stocks,
Value Investors for Change, tagged Activist investment, Liquidation
Value, MRV Communications Inc (OTC: MRVC), Net
Current Asset Value, Special Situation on August 25, 2009 1 Comment»
Posted in Activist Investors, Greenbackd Portfolio, Net Net
Stocks, Network Engines Inc (NASDAQ: NENG),
Stocks, Trinad Management Tagged Net
Current Asset Value, Net Net
Stock, Network Engines Inc (NASDAQ: NENG) Leave a Comment
Posted in Greenbackd Portfolio, Ikanos Communications Inc (NASDAQ: IKAN), Net Cash
Stocks, Net Net
Stocks,
Stocks, tagged Ikanos Communications Inc (NASDAQ: IKAN), Liquidating
Value, Net Cash
Stock, Net
Current Asset Value, Net Net
Stock, Net Quick
Value on January 27, 2009 2 Comments»
Posted in About, Activist Investors, Net
Current Asset Value,
Stocks,
Value Investment, tagged Aviat Networks Inc (NASDAQ: AVNW) on October 22, 2010 Leave a Comment»
Since the book
value of
stocks doesn't change that often (because it represents the price the company sold it for, not the
current value on the
stock market, and would therefore only change when there were new share issues), almost all changes in total
assets or in total liabilities are reflected in Retained Earnings.
Posted in Activist Investors, Net Net
Stocks, Network Engines Inc (NASDAQ: NENG),
Stocks, Trinad Management Tagged Net
Current Asset Value, Net Net
Stock, Network Engines Inc (NASDAQ: NENG), Trinad Management 3 Comments
CRC's bankruptcy is not necessarily a problem for an investor if the
assets are sufficient to pay out the liabilities and leave some residual
value in excess of the
current stock price.
With Webco trading at 60 % of net
current asset value the company is trading below the famous 66 % number that Benjamin Graham popularized as a threshold for buying cheap
value stocks.
Net -
Current - Asset Value We feel on more solid ground in discussing these cases in which the market price or the computed value based on earnings and dividends is less than the net current assets applicable to the common
Current -
Asset Value We feel on more solid ground in discussing these cases in which the market price or the computed value based on earnings and dividends is less than the net current assets applicable to the common s
Value We feel on more solid ground in discussing these cases in which the market price or the computed
value based on earnings and dividends is less than the net current assets applicable to the common s
value based on earnings and dividends is less than the net
current assets applicable to the common
current assets applicable to the common
stock.
Yet, had you focused exclusively on net nets (Graham's famous approach whereby one only buys
stock in companies where the sum of
current assets less all liabilities exceeds the market
value), you would have cashed in 29.4 % annually in the same period.
Net
Current Asset Value (NCAV) is calculated by taking the current assets less long - term and short - term debt less the dollar value of preferred stock outst
Current Asset Value (NCAV) is calculated by taking the current assets less long - term and short - term debt less the dollar value of preferred stock outstan
Value (NCAV) is calculated by taking the
current assets less long - term and short - term debt less the dollar value of preferred stock outst
current assets less long - term and short - term debt less the dollar
value of preferred stock outstan
value of preferred
stock outstanding.
My favorite
stocks are those trading at a substantial discount to net
current assets or liquidation
value, with an activist pushing for a catalyst to unlock the
value.