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Daiseki Co (Daiseki Co) Net Current Asset Value : $1.97 (As of Nov. 2023)


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What is Daiseki Co Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Daiseki Co's net current asset value per share for the quarter that ended in Nov. 2023 was $1.97.

The historical rank and industry rank for Daiseki Co's Net Current Asset Value or its related term are showing as below:

DSKIF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.07   Med: 5.6   Max: 11.8
Current: 9.29

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Daiseki Co was 11.80. The lowest was 3.07. And the median was 5.60.

DSKIF's Price-to-Net-Current-Asset-Value is ranked worse than
76.4% of 89 companies
in the Waste Management industry
Industry Median: 4.58 vs DSKIF: 9.29

Daiseki Co Net Current Asset Value Historical Data

The historical data trend for Daiseki Co's Net Current Asset Value 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.

Daiseki Co Net Current Asset Value Chart

Daiseki Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 4.36 3.97 2.61 2.29

Daiseki Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Current Asset Value 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 2.61 1.96 2.16 1.97 2.29

Competitive Comparison of Daiseki Co's Net Current Asset Value

For the Waste Management subindustry, Daiseki Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Daiseki Co's Price-to-Net-Current-Asset-Value Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiseki Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Daiseki Co's Price-to-Net-Current-Asset-Value falls into.



Daiseki Co Net Current Asset Value Calculation

Daiseki Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(A: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(298.914-128.376-58.998-0)/48.7835
=2.29

Daiseki Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2023 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(280.868-126.785-57.864-0)/48.7835
=1.97

* 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.


Daiseki Co  (OTCPK:DSKIF) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Daiseki Co Net Current Asset Value Related Terms

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Daiseki Co (Daiseki Co) Business Description

Traded in Other Exchanges
Address
1-86 Funami-cho Minato-ku, Aichi, Nagoya, JPN, 4558505
Daiseki Co Ltd provides industrial waste treatment and resource recycling throughout Japan. Its core business activities are treating waste oil, waste water, and sludge. It collects and recycles oils and waste water from clients and processes the waste into heavy oil or supplemental fuel. Separators and filters remove deteriorated components, and other systems either refine or adjust products into reusable form. Final products are either delivered back to clients or shipped to market. Advanced technology partners with experienced employees to analyze and classify the particular waste to determine the correct solution; methods revolve around dehydration, kneading, and a combination of mixing and chemical treatment.

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