The historical rank and industry rank for Korea Fund's Net Cash per Share or its related term are showing as below:
During the past 6 years, the highest Price-to-Net-Cash Ratio of Korea Fund was 577.00. The lowest was 41.43. And the median was 235.00.
KF's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.27 * Ranked among companies with meaningful Price-to-Net-Cash only.
Korea Fund Net Cash per Share Historical Data
The historical data trend for Korea Fund'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.
Competitive Comparison of Korea Fund's Net Cash per Share
For the Asset Management subindustry, Korea Fund'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.
Korea Fund's Price-to-Net-Cash Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Korea Fund's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Korea Fund's Price-to-Net-Cash falls into.
Korea Fund 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.
Korea Fund's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Korea Fund (NYSE:KF) 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.
Korea Fund Net Cash per Share Related Terms
Thank you for viewing the detailed overview of Korea Fund's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Korea Fund Inc is a closed-end, non-diversified management investment company. Its investment objective is to seek long-term capital appreciation through investment in securities, equity securities, of Korean companies. Its portfolio consists of the different sectors such as the auto components, banks, beverages, chemicals, aerospace and defense, insurance, machinery, and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
:KF has been successfully added to your 