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Broad-Minded Co (TSE:7343) Net Cash per Share : 円123.65 (As of Dec. 2023)


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What is Broad-Minded Co 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). Broad-Minded Co's Net Cash per Share for the quarter that ended in Dec. 2023 was 円123.65.

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

TSE:7343' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.38   Med: 3.45   Max: 14.34
Current: 14.33

During the past 5 years, the highest Price-to-Net-Cash Ratio of Broad-Minded Co was 14.34. The lowest was 2.38. And the median was 3.45.

TSE:7343's Price-to-Net-Cash is ranked worse than
80% of 35 companies
in the Insurance industry
Industry Median: 4.82 vs TSE:7343: 14.33

Broad-Minded Co Net Cash per Share Historical Data

The historical data trend for Broad-Minded Co'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.

Broad-Minded Co Net Cash per Share Chart

Broad-Minded Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
82.95 82.39 253.59 296.48 323.22

Broad-Minded Co Quarterly Data
Mar19 Mar20 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 306.03 323.22 227.11 160.42 123.65

Competitive Comparison of Broad-Minded Co's Net Cash per Share

For the Insurance - Diversified subindustry, Broad-Minded Co'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.


Broad-Minded Co's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Broad-Minded Co's Price-to-Net-Cash distribution charts can be found below:

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



Broad-Minded Co 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.

Broad-Minded Co's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2812.038-1074.667-7.072)/5.35331
=323.22

Broad-Minded Co'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)
=(1614.518-936.066-9.312)/5.41147
=123.65

* 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.


Broad-Minded Co  (TSE:7343) 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.


Broad-Minded Co Net Cash per Share Related Terms

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Broad-Minded Co (TSE:7343) Business Description

Traded in Other Exchanges
N/A
Address
1-5-5 Ebisuminami, Shibuya-ku, Tokyo, JPN, 150?0022
Broad-Minded Co Ltd is engaged in providing one-stop solutions for individuals and corporations in the Life insurance / non-life insurance / small amount short-term insurance agency business, housing loan agency business, financial instruments intermediary service, and real estate transaction business.

Broad-Minded Co (TSE:7343) Headlines

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