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Tomoegawa (TSE:3878) Net Cash per Share : 円-2,468.23 (As of Mar. 2024)


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What is Tomoegawa Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Tomoegawa's Net Cash per Share for the quarter that ended in Mar. 2024 was 円-2,468.23.

The historical rank and industry rank for Tomoegawa's Net Cash per Share or its related term are showing as below:

TSE:3878's Price-to-Net-Cash is not ranked *
in the Forest Products industry.
Industry Median: 7.035
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tomoegawa Net Cash per Share Historical Data

The historical data trend for Tomoegawa's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tomoegawa Net Cash per Share Chart

Tomoegawa Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,158.68 -2,484.41 -2,472.60 -2,368.92 -2,468.23

Tomoegawa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,368.92 -2,377.60 -2,476.14 -2,428.41 -2,468.23

Competitive Comparison of Tomoegawa's Net Cash per Share

For the Paper & Paper Products subindustry, Tomoegawa's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tomoegawa's Price-to-Net-Cash Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tomoegawa's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tomoegawa's Price-to-Net-Cash falls into.



Tomoegawa Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Tomoegawa's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5417-26320-4695)/10.371
=-2,468.23

Tomoegawa's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5417-26320-4695)/10.371
=-2,468.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tomoegawa  (TSE:3878) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Tomoegawa Net Cash per Share Related Terms

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Tomoegawa Business Description

Traded in Other Exchanges
N/A
Address
2-1-3 Kyobashi, 7th Floor, KYOBASHI Trust Tower, Chuo-ku, Tokyo, JPN, 104-8335
Tomoegawa Corp manufactures, processes, and sells electronics parts, display parts, fine particles, functional sheets, and specialty paper products. It offers clear hard coat films for screen protection of mobile devices; adhesive tapes for circuit boards; and lids for hermetic seal package, as well as electrostatic chuck for LSI and LCD manufacturing process. The company also provides display component materials; and display film products. It offers fine particle materials, such as magnetic toners, non-magnetic toners, full color toners; information printing materials comprising inkjet; and special fiber sheets, including stainless fiber sheets, fluorine fiber sheets. Further, it provides ultra-lightweight printing papers; and insulating papers, conductive papers, absorbing papers.

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