Hi there,
I found that the data for some stocks is incorrect on your website. Can you please correct me where I am going wrong?
E.g. - Syros Pharmaceuticals Inc (SYRS)
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I calculated the NCAV by subtracting the total liabilities from current assets and then dividing by shares outstanding. The number I obtained was 6.269 while the number you have given is 62.69. Can you please correct me where I am going wrong?
Also, is it right to filter using NCAV % > 150 to screen Graham's net-net stocks?
Thanks,
Siddhartha
Stocks Discussed:
Submitted by Sidlaw. Created on Saturday 7th January 2023. Updated on Saturday 7th January 2023.
Reverse Split
Dear Siddhartha,
Thank you for your forum post!
It appears that Syros Pharmaceuticals Inc (SYRS) has had a Reverse Stock Split, as can be seen in the Graham Result tab.
That would account for the difference in numbers that you are seeing.
The two-thirds NCAV strategy is a little different from what Graham actually recommended.
Thank you again for your forum post!