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Modernform Group PCL (BKK:MODERN) Net Cash per Share : ฿-0.52 (As of Mar. 2024)


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What is Modernform Group PCL 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). Modernform Group PCL's Net Cash per Share for the quarter that ended in Mar. 2024 was ฿-0.52.

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

BKK:MODERN's Price-to-Net-Cash is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 6.59
* Ranked among companies with meaningful Price-to-Net-Cash only.

Modernform Group PCL Net Cash per Share Historical Data

The historical data trend for Modernform Group PCL'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.

Modernform Group PCL Net Cash per Share Chart

Modernform Group PCL 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 -1.08 -0.43 -0.49 -0.90 -0.52

Modernform Group PCL 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 -0.82 -0.76 -0.67 -0.52 -0.52

Competitive Comparison of Modernform Group PCL's Net Cash per Share

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group PCL'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.


Modernform Group PCL's Price-to-Net-Cash Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Modernform Group PCL's Price-to-Net-Cash falls into.



Modernform Group PCL 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.

Modernform Group PCL'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)
=(585.527-967.907-8.069)/750
=-0.52

Modernform Group PCL'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)
=(665.542-1047.095-7.832)/748.083
=-0.52

* 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.


Modernform Group PCL  (BKK:MODERN) 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.


Modernform Group PCL Net Cash per Share Related Terms

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Modernform Group PCL (BKK:MODERN) Business Description

Traded in Other Exchanges
N/A
Address
699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan Subdistrict, Suan Luang District, Bangkok, THA, 10250
Modernform Group PCL is a Thailand-based company, involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business of which furniture business accounts for the majority of revenue. Its furniture business consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.

Modernform Group PCL (BKK:MODERN) Headlines

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