There is nothing to it.


NCAV - just take current assets and subtract all liabilities.

Both long and current. Get fixed assets for free.

Buy at 30 discount to NCAV. Mostly junk stks today.

Book value ,Net asset value ,equity - is assets minus all liabilities.

Working Capital - is current assets minus current liabilities.

You just as well buy a value fund. Ben Graham was a genius.

Hard to find value. Lots of value traps.

Most cheap stocks have problems.

Go to Gurufocus.com to see what the best value investor fund managers are buying. Just buy what Warren Buffett buys.

Go to Stingy Investor.com for modren Graham stk screens.

You will never be Ben Graham . Buy a value fund.

Assets - are just all assets - debt plus equity.

tangiable book - is NAV minus goodwill - intangiable assets.