Adjusted Net-Net strategy
Net-Net is the most famous strategy developed by Benjamin Graham.
At Börsdata, we have adjusted the strategy to suit the companies of today.
A Net-Net is a stock that trades at a lower price than the company's current assets minus the total liabilities.
(NCAV = Net Current Assest Value)
How is Net-Net calculated?
All values in inventories and fixed assets are added up. All liabilities are then subtracted. The value that is left is converted to assets/stock and is then divided by the stock price. The companies that are below 100% are valued lower than their assets. 100% means that the company's assets are equal to the market capitalisation.