Sentences with phrase «net current asset value at»

Its net current asset value at the last reporting date was a little higher at around $ 180M or $ 1.77 per share.

After deducting total liabilities of $ 25M, we estimate IKAN's net current asset value at $ 60.8 M, and its liquidating value at $ 63.2 M or $ 2.19 per share.

Not exact matches

The Company accounts for fuel derivative financial instruments at fair value and recognizes such instruments in the accompanying consolidated balance sheets in other current assets under prepaid expenses and other assets if the total net unsettled fair value balance is in a gain position, or other current liabilities if in a net loss position.

$ value destroyed equals the difference between implied price and acquisition at current market price plus net assets / liabilities.

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.

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.

A good Score (i.e., value of 1) is assigned if the current ratio exceeds two, or net current assets exceed long - term debt, or 10 - year history of positive earnings, or 10 - year history of returning cash to shareholders or EPS are at least a third higher than they were 10 years ago.

The concept behind Graham's intrinsic value is basically buying cash at a discount or at «net current assets.»

G&D point to the attraction of acquiring common stocks at prices below liquidating value, especially prices below net, net current assets.

CRC has a market capitalization of only $ 2.8 M, but the company's written - down net current asset value is much higher at around $ 15M.

AVNW is an interesting Ramius activist target trading at a small premium to net current asset value.

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.

For investors that still hold shares as of May 19, 2015, each ETF will automatically redeem its shares for cash at the ETF's current net asset value as of close of business.

Mutual fund shares / units are redeemable on demand at the fund's current net asset value per share (NAVPS).

Net - net asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading priNet - net asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading prinet asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading prinet - nets if the sum of this calculation exceeds the current market value / trading price.

Deep Value: John focuses on Benjamin Graham's net nets: those companies that are offered at a price below the value of its current assets after all liabilities have been honValue: John focuses on Benjamin Graham's net nets: those companies that are offered at a price below the value of its current assets after all liabilities have been honvalue of its current assets after all liabilities have been honored.

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.

It is not uncommon to see informed investors, such as a company's own officers and directors or other corporations, accumulate the shares of a company priced in the stock market at less than 66 % of net current asset value.

Common characteristics associated with stocks selling at less than 66 % of net current asset value are low price / earnings ratios, low price / sales ratios and low prices in relation to «normal» earnings; i.e., what the company would earn if it earned the average return on equity for a given industry or the average neti ncome margin on sales for such industry.

My first, more limited, technique confines itself to the purchase of common stocks at less than their working - capital value, or net - current asset value, giving no weight to the plant and other fixed assets, and deducting all liabilities in full from the current assets.

Graham understood why these sort of stocks — also known as «net - net», «net - quick» or «net current asset value» stocks — traded at a discount to liquidation value:

At yesterday's closing price of $ 0.44, VVTV is trading at a 50 % discount to its net current asset value alonAt yesterday's closing price of $ 0.44, VVTV is trading at a 50 % discount to its net current asset value alonat a 50 % discount to its net current asset value alone.

At yesterday's close of $ 0.44, VVTV has a market capitalization of $ 14.8 M, which is half its net current asset value of around $ 29.5 M, or $ 0.88 per share and 20 % of our estimate of its value in liquidation of around $ 74.8 M or $ 2.23 per share.

Further research by Tweedy, Browne has indicated that companies satisfying the net current asset criterion have not only enjoyed superior common stock performance over time but also often have been priced at significant discounts to «real world» estimates of the specific value that stockholders would probably receive in an actual sale or liquidation of the entire corporation.

At the end of each month, the Portfolio will distribute an amount equal to approximately one - twelfth of 4 % on Class T4 units, approximately one - twelfth of 6 % on Class T6 units, and approximately one - twelfth of 8 % on Class T8 units of the net asset value per unit on the last day of the previous calendar year (or, if no units were outstanding at the end of the previous calendar year, the date on which the units are first available for purchase in the current calendar yearAt the end of each month, the Portfolio will distribute an amount equal to approximately one - twelfth of 4 % on Class T4 units, approximately one - twelfth of 6 % on Class T6 units, and approximately one - twelfth of 8 % on Class T8 units of the net asset value per unit on the last day of the previous calendar year (or, if no units were outstanding at the end of the previous calendar year, the date on which the units are first available for purchase in the current calendar yearat the end of the previous calendar year, the date on which the units are first available for purchase in the current calendar year).

Famous value investor Ben Graham actually created Net Current Asset Value as a way of understanding intrinsic value and whether or not a company was trading at a fair pvalue investor Ben Graham actually created Net Current Asset Value as a way of understanding intrinsic value and whether or not a company was trading at a fair pValue as a way of understanding intrinsic value and whether or not a company was trading at a fair pvalue and whether or not a company was trading at a fair price.

Jae Jun at Old School Value has updated his great post back - testing the performance of net current asset value (NCAV) against «net net working capital» (NNWC) by refining the back - teValue has updated his great post back - testing the performance of net current asset value (NCAV) against «net net working capital» (NNWC) by refining the back - tevalue (NCAV) against «net net working capital» (NNWC) by refining the back - test...

even when a company has little ongoing business value, investors who buy at a price below net - net working capital are protected by the approximate liquidation value of current assets alone.

[NB: i) Church House's Argo stake is held by the Deep Value Investments Fund, managed by Jeroen Bos — if you haven't read it already, I can highly recommend his recent book «Deep Value Investing», ii) XXX Capital Management is a well - known European hedge fund, which hasn't publicly disclosed a holding in Argo to date, hence the redaction — Argo management are obviously aware of their shareholding & support, and iii) the letter was based on a GBP 14p share price & a higher GBP / USD rate — at the current 13.875 p price and exchange rate, Argo now trades at a 36 % discount to net cash and investments, and a 47 % discount to net tangible assets.]

Stocks trading at less than net current asset value inherently provide a large margin of safety.

In order to ensure that the units trade at or very near their current net asset value («NAV») throughout the day, an institutional capital markets trader, known as the designated broker, creates and redeems units of the ETF with both the ETF provider and the secondary market.

Benjamin Graham always tried to buy stocks that were trading at a discount to their Net Current Asset Value.

Under the SEC proposal, an ETF would be defined as a registered open - end management investment company that: • Issues (or redeems) creation units in exchange for the deposit (or delivery) of basket assets the current value of which is disseminated per share by a national securities exchange at regular intervals during the trading day; • Identifies itself as an ETF in any sales literature; • Issues shares that are approved for listing and trading on a securities exchange; • Discloses each business day on its publicly available web site the prior business day's net asset value and closing market price of the fund's shares, and the premium or discount of the closing market price against the net asset value of the fund's shares as a percentage of net asset value; and • Either is an index fund, or discloses each business day on its publicly available web site the identities and weighting of the component securities and other assets held by the fund.

Mutual funds stand ready to sell and redeem their shares at any time at the fund's current net asset value: total fund assets divided by shares outstanding.

We still think that cash burn is a significant issue for ACLS, and we suspect that both the liquidation and net current asset values will be lower at the upcoming reporting date.

At $ 3.73, VOXX is trading at a discount to its net current asset value and around two - thirds of our estimate of its liquidation value of around $ 5.61 per sharAt $ 3.73, VOXX is trading at a discount to its net current asset value and around two - thirds of our estimate of its liquidation value of around $ 5.61 per sharat a discount to its net current asset value and around two - thirds of our estimate of its liquidation value of around $ 5.61 per share.

Specifically, businesses trading at 2/3 of net current asset value — the lower the better.

The most common type of investment company, commonly called a mutual fund, stands ready to buy back its shares at their current net asset value.

NCAV strategy (buy companies with at least 1/3 discount to its» net current asset value (total current assets — total liabilities)-RRB- is arguably the defining strategy of Benjamin Graham (old school value investing), and SpinOffs strategy is arguably the most well known strategy from Joel Greenblatt (new school value investing).

Old formula as prescribed by IRDA and as contained in the policy document: Market value of the investment plus / (minus) expenses incurred in the purchase / (sale) of assets plus current assets and accrued interest (net of fund management charges) less current liabilities and provisions, divided by, number of units outstanding under the fund at valuation date (before creation / redemption of units).

This is computed by subtracting the total current asset value (what you would get if you cashed the policy in today) from the total death benefit to determine the «net amount at risk.»

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.