New Oriental Education & Technology Group (New Oriental Education & Technology Group) Net Cash per Share

: $6.92 (As of Nov. 2023)

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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). New Oriental Education & Technology Group's Net Cash per Share for the quarter that ended in Nov. 2023 was $6.92.

The historical rank and industry rank for New Oriental Education & Technology Group's Net Cash per Share or its related term are showing as below:

EDU' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.19 Med: 8.21 Max: 24.84
Current: 12.95

During the past 13 years, the highest Price-to-Net-Cash Ratio of New Oriental Education & Technology Group was 24.84. The lowest was 1.19. And the median was 8.21.

EDU's Price-to-Net-Cash is ranked worse than
76.19% of 63 companies
in the Education industry
Industry Median: 6.52 vs EDU: 12.95

New Oriental Education & Technology Group Net Cash per Share Historical Data

The historical data trend for New Oriental Education & Technology Group'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.

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New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Net Cash per Share

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5.74

-1.93

6.05

10.97

7.35

New Oriental Education & Technology Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Net Cash per Share	Get a 7-Day Free Trial															10.55	11.39	7.35	7.14	6.92

Competitive Comparison

For the Education & Training Services subindustry, New Oriental Education & Technology Group'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.

New Oriental Education & Technology Group Price-to-Net-Cash Distribution

For the Education industry and Consumer Defensive sector, New Oriental Education & Technology Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where New Oriental Education & Technology Group's Price-to-Net-Cash falls into.

New Oriental Education & Technology Group 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.

New Oriental Education & Technology Group's Net Cash per Share for the fiscal year that ended in May. 2023 is calculated as

	Net Cash per Share (A: May. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3996.609	-	2577.67	-	210.44)	/	164.316
=	7.35

New Oriental Education & Technology Group's Net Cash per Share for the quarter that ended in Nov. 2023 is calculated as

	Net Cash per Share (Q: Nov. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4446.482	-	3035.687	-	266.188)	/	165.512
=	6.92

New Oriental Education & Technology Group (NYSE:EDU) 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.

New Oriental Education & Technology Group Net Cash per Share Related Terms

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New Oriental Education & Technology Group (New Oriental Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

EDUN:Mexico 09901:Hong Kong 0K75:UK N1U0:Germany E1DU34:Brazil

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.