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Purit Co (XKRX:445180) Net Cash per Share : ₩788.42 (As of Dec. 2023)


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What is Purit 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). Purit Co's Net Cash per Share for the quarter that ended in Dec. 2023 was ₩788.42.

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

XKRX:445180' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 13.51   Med: 13.83   Max: 13.83
Current: 13.51

During the past 4 years, the highest Price-to-Net-Cash Ratio of Purit Co was 13.83. The lowest was 13.51. And the median was 13.83.

XKRX:445180's Price-to-Net-Cash is ranked worse than
61.68% of 321 companies
in the Chemicals industry
Industry Median: 8.16 vs XKRX:445180: 13.51

Purit Co Net Cash per Share Historical Data

The historical data trend for Purit 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.

Purit Co Net Cash per Share Chart

Purit Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-13,905.85 -1,578.37 -1,149.97 788.42

Purit Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Net Cash per Share - -1,149.97 -1,119.26 788.42

Competitive Comparison of Purit Co's Net Cash per Share

For the Specialty Chemicals subindustry, Purit 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.


Purit Co's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Purit Co's Price-to-Net-Cash distribution charts can be found below:

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



Purit 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.

Purit Co'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)
=(29144.086-15922.863-0)/16.7692
=788.42

Purit 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)
=(29144.086-15922.863-0)/16.7692
=788.42

* 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.


Purit Co  (XKRX:445180) 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.


Purit Co Net Cash per Share Related Terms

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Purit Co (XKRX:445180) Business Description

Traded in Other Exchanges
N/A
Address
249-278 Duryu-gil, Angang-eup, Gyeongsangbuk-do, Gyeongju-si, KOR
Purit Co Ltd is a company whose business is for recovering and refining waste organic solvents generated in industrial and display processes. The Company's primary business activity is Refinement and manufacture of organic solvents. The business focuses on producing ultra-high purity chemical products for semiconductors and displays by synthesizing raw materials based on purification of waste organic solvents.

Purit Co (XKRX:445180) Headlines

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