Calculating the NCAV (Net Current Asset Value) for Stocks
The formula to calculate NCAV is simple and the idea is to find stocks where the NCAV is higher than the market price.
NCAV = Current Assets – Total Liabilities
To get a per share value, simply divide by the number of diluted shares outstanding.
NCAV per Share = (Current Assets – Total Liabilities) / Shares Outstanding
Graham’s criteria for buying NCAV stocks was if the stock price was 2/3 of the NCAV.
e.g. If the NCAV per share was $10, then Graham wanted to buy it when the stock price was at $6.66.
More on that later.
Read more:
http://www.oldschoolvalue.com/blog/valuation-methods/ben-graham-net-net-deep-value-stocks-checklist/#ixzz3TTTbk3Ta
ข้อมูลหุ้นที่จะนำมาคำนวณ Net Current Asset Value ตามหลักของ Bejamin Graham หาได้จากไหนครับ
The formula to calculate NCAV is simple and the idea is to find stocks where the NCAV is higher than the market price.
NCAV = Current Assets – Total Liabilities
To get a per share value, simply divide by the number of diluted shares outstanding.
NCAV per Share = (Current Assets – Total Liabilities) / Shares Outstanding
Graham’s criteria for buying NCAV stocks was if the stock price was 2/3 of the NCAV.
e.g. If the NCAV per share was $10, then Graham wanted to buy it when the stock price was at $6.66.
More on that later.
Read more: http://www.oldschoolvalue.com/blog/valuation-methods/ben-graham-net-net-deep-value-stocks-checklist/#ixzz3TTTbk3Ta