GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ohara Inc (FRA:9IE) » Definitions » Net Cash per Share

Ohara (FRA:9IE) Net Cash per Share : €0.04 (As of Jan. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ohara 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). Ohara's Net Cash per Share for the quarter that ended in Jan. 2024 was €0.04.

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

FRA:9IE' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 196.07   Med: 1077.73   Max: 1959.38
Current: 223.61

During the past 13 years, the highest Price-to-Net-Cash Ratio of Ohara was 1959.38. The lowest was 196.07. And the median was 1077.73.

FRA:9IE's Price-to-Net-Cash is ranked worse than
97.6% of 626 companies
in the Hardware industry
Industry Median: 8.96 vs FRA:9IE: 223.61

Ohara Net Cash per Share Historical Data

The historical data trend for Ohara'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.

Ohara Net Cash per Share Chart

Ohara Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -0.30 -0.21 -0.34 -

Ohara Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.42 -0.64 -0.35 - 0.04

Competitive Comparison of Ohara's Net Cash per Share

For the Electronic Components subindustry, Ohara'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.


Ohara's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ohara's Price-to-Net-Cash distribution charts can be found below:

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



Ohara 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.

Ohara's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as

Net Cash per Share (A: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(93.731-91.976-1.655)/24.3645
=0.00

Ohara's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(89.099-86.549-1.617)/24.3645
=0.04

* 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.


Ohara  (FRA:9IE) 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.


Ohara Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Ohara's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ohara (FRA:9IE) Business Description

Traded in Other Exchanges
Address
1-15-30, Oyama, Chuo-ku, Kanagawa, Sagamihara-Shi, JPN, 252-5286
Ohara Inc is engaged in the manufacturing and sales of optical glass products and electronic products. It operates through the Optical and Electronics divisions. The Optical division manufactures and sells optical glass materials for digital-related products such as digital cameras and liquid crystal (LC) projectors, as well as a lens for mold presses, among others. The Electronics division manufactures and sells glass discs of hard disc drives that are used in mobile devices, high-homogenous glass materials and low-expansion glass-ceramic used in semiconductor manufacturing machinery and others. It derives prime revenue from the Optical business segment.

Ohara (FRA:9IE) Headlines

No Headlines