OPEN-SOURCE SCRIPT
Discount to Net Asset Value
Overview
This indicator helps investors and analysts identify when a company’s stock is trading below or above its intrinsic value. A persistent discount may highlight potential value opportunities, while a sustained premium could signal overvaluation or strong market sentiment. By visually shading the background and plotting the discount/premium percentage, users can quickly screen for undervalued stocks, confirm fundamental research, and make more informed buy or sell decisions.
Usage
Calculates the Net Asset Value discount (or premium) for any symbol.
By default the indicator uses the current chart symbol’s TOTAL_ASSETS, TOTAL_LIABILITIES, and TOTAL_SHARES_OUTSTANDING.
You can select another symbol by checking “Use Custom Symbol” and entering the ticker of the other symbol. This is useful for comparing the Discount to NAV across symbols.
Shows the percentage discount (or premium) of market capitalization relative to net asset value.
Recommended timeframes: daily bars or higher.
Reporting Periods:
• FQ = Fiscal Quarter
• FY = Fiscal Year
• TTM = Trailing Twelve Months
Note: NAV is pulled on the chosen reporting period (FQ, FY, TTM).
By default the background is shaded red to illustrate a discount to NAV and green to illustrate a premium to NAV. This can be toggled in the settings.
This indicator helps investors and analysts identify when a company’s stock is trading below or above its intrinsic value. A persistent discount may highlight potential value opportunities, while a sustained premium could signal overvaluation or strong market sentiment. By visually shading the background and plotting the discount/premium percentage, users can quickly screen for undervalued stocks, confirm fundamental research, and make more informed buy or sell decisions.
Usage
Calculates the Net Asset Value discount (or premium) for any symbol.
By default the indicator uses the current chart symbol’s TOTAL_ASSETS, TOTAL_LIABILITIES, and TOTAL_SHARES_OUTSTANDING.
You can select another symbol by checking “Use Custom Symbol” and entering the ticker of the other symbol. This is useful for comparing the Discount to NAV across symbols.
Shows the percentage discount (or premium) of market capitalization relative to net asset value.
Recommended timeframes: daily bars or higher.
Reporting Periods:
• FQ = Fiscal Quarter
• FY = Fiscal Year
• TTM = Trailing Twelve Months
Note: NAV is pulled on the chosen reporting period (FQ, FY, TTM).
By default the background is shaded red to illustrate a discount to NAV and green to illustrate a premium to NAV. This can be toggled in the settings.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.