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KONE Oyj (KONE Oyj) Net Cash per Share : $-12.13 (As of Mar. 2024)


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What is KONE Oyj 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). KONE Oyj's Net Cash per Share for the quarter that ended in Mar. 2024 was $-12.13.

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

KNYJF's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

KONE Oyj Net Cash per Share Historical Data

The historical data trend for KONE Oyj'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.

KONE Oyj Net Cash per Share Chart

KONE Oyj 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 -6.85 -7.01 -7.99 -8.78 -9.05

KONE Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -12.41 -12.37 -11.78 -9.05 -12.13

Competitive Comparison of KONE Oyj's Net Cash per Share

For the Specialty Industrial Machinery subindustry, KONE Oyj'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.


KONE Oyj's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KONE Oyj's Price-to-Net-Cash distribution charts can be found below:

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



KONE Oyj 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.

KONE Oyj'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)
=(1840.567-6482.879-36.968)/517.237
=-9.05

KONE Oyj's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(510.652-6747.696-40.348)/517.518
=-12.13

* 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.


KONE Oyj  (OTCPK:KNYJF) 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.


KONE Oyj Net Cash per Share Related Terms

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KONE Oyj (KONE Oyj) Business Description

Address
Keilasatama 3, P.O. Box 7, Espoo, FIN, FI-02150
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

KONE Oyj (KONE Oyj) Headlines

From GuruFocus

Bernard Horn Comments on Kone

By Holly LaFon Holly LaFon 07-18-2019

KONE Acquires Eltec Elevator Ltd.

By PRNewswire PRNewswire 12-03-2018

KONE Oyj Stock Appears To Be Modestly Overvalued

By GF Value GF Value 06-04-2021

Urbem's 'Wonderful Business' Series: KONE

By Steven Chen Steven Chen 03-11-2020

KONE awarded new contract with City of Kansas City

By PRNewswire PRNewswire 01-15-2019

KONE wins Elevator World Project of the Year award

By PRNewswire PRNewswire 01-21-2022

Bernard Horn Comments on Kone OYJ

By Vera Yuan Vera Yuan 03-16-2015