GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taitron Components Inc (NAS:TAIT) » Definitions » Net Cash per Share

Taitron Components (Taitron Components) Net Cash per Share : $1.44 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Taitron Components 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). Taitron Components's Net Cash per Share for the quarter that ended in Dec. 2023 was $1.44.

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

TAIT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.2   Med: 3.78   Max: 7.54
Current: 2.22

During the past 13 years, the highest Price-to-Net-Cash Ratio of Taitron Components was 7.54. The lowest was 2.20. And the median was 3.78.

TAIT's Price-to-Net-Cash is ranked better than
87.35% of 656 companies
in the Hardware industry
Industry Median: 8.07 vs TAIT: 2.22

Taitron Components Net Cash per Share Historical Data

The historical data trend for Taitron Components'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.

Taitron Components Net Cash per Share Chart

Taitron Components Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.97 0.82 1.04 1.44

Taitron Components Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.04 1.15 1.19 1.27 1.44

Competitive Comparison of Taitron Components's Net Cash per Share

For the Electronics & Computer Distribution subindustry, Taitron Components'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.


Taitron Components's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taitron Components's Price-to-Net-Cash distribution charts can be found below:

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



Taitron Components 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.

Taitron Components's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.835-1.163-0)/6.02118
=1.44

Taitron Components's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.835-1.163-0)/6.02118
=1.44

* 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.


Taitron Components  (NAS:TAIT) 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.


Taitron Components Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Taitron Components's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Taitron Components (Taitron Components) Business Description

Traded in Other Exchanges
N/A
Address
28040 West Harrison Parkway, Valencia, CA, USA, 91355
Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.
Executives
Chi-lin Chung director 28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller director 15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst officer: CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang director, 10 percent owner, officer: President, CEO, CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku director, 10 percent owner, officer: Chairman C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang director 28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung director C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355

Taitron Components (Taitron Components) Headlines

From GuruFocus

Taitron Announces Quarterly Cash Dividend Increase of 14.3%

By Marketwired Marketwired 10-31-2020

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 02-02-2019

Taitron Components Inc. (tait) Chairman, 10% Owner Tzu Sheng Ku buys 9,300 Shares

By GuruFocus Research GuruFocus Editor 09-10-2009

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 08-04-2018

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 08-01-2020

Taitron Announces Special Cash Dividend and Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 04-29-2022

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 05-02-2020

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 02-01-2020

Taitron Announces Quarterly Cash Dividend

By Marketwired 07-28-2023

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 04-30-2021