GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Prestige International Inc (TSE:4290) » Definitions » Net Current Asset Value

Prestige International (TSE:4290) Net Current Asset Value : 円118.89 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Prestige International 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).

Prestige International's net current asset value per share for the quarter that ended in Dec. 2023 was 円118.89.

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

TSE:4290' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.47   Med: 6.46   Max: 10.28
Current: 5.68

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Prestige International was 10.28. The lowest was 3.47. And the median was 6.46.

TSE:4290's Price-to-Net-Current-Asset-Value is ranked worse than
60.49% of 572 companies
in the Business Services industry
Industry Median: 4.2 vs TSE:4290: 5.68

Prestige International Net Current Asset Value Historical Data

The historical data trend for Prestige International'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.

Prestige International Net Current Asset Value Chart

Prestige International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.78 102.88 90.46 91.62 116.80

Prestige International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 110.52 116.80 120.61 118.24 118.89

Competitive Comparison of Prestige International's Net Current Asset Value

For the Specialty Business Services subindustry, Prestige International'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.


Prestige International's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Prestige International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Prestige International Net Current Asset Value Calculation

Prestige International's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(35892.843-18455.253-2488.934-0)/127.98
=116.80

Prestige International's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(37711.431-19820.942-2752.319-0)/127.329
=118.89

* 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.


Prestige International  (TSE:4290) 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.


Prestige International Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Prestige International's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Prestige International (TSE:4290) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1 Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Prestige International Inc is a Japanese company which is engaged in providing business support services to clients. It mainly provides 24-7 customer contact services and road assist services for automobile makers; provides Japanese call center services and claims agent services for overseas customers; provides IT (Information Technology)-related services; and provides real estate-related services such as house cleaning and others, as well as parking lot assist services.

Prestige International (TSE:4290) Headlines

No Headlines