H
BestScopePeriodSample%ChangeS&P500
1
+GlobalYearTop 25
287.84%
14.49%
-GlobalYearLast 25
-18.37%
14.49%
5
+GlobalYearTop 25
320.68%
13.75%
-GlobalYearLast 25
-13.52%
13.75%
A
+IndustryYearTop 5
298.8%
5.91%
-IndustryYearLast 5
9.63%
5.91%

NCAV – Graham Formula

Similar to the NCAV calculation but uses the extended formula—net current asset value / share (NCAVPS) = cash and short-term investments + (0.75 * accounts receivable) + (0.5 * inventory) – total liabilities – preferred stock / # shares outstanding.

According Benjamin Graham, the creator of NCAV, its best to invest in companies where the stock price is no more than 67% of its NCAV per share.



Locked content

This full content is available for membership level Advanced Investor or higher. You can register for a new account now.