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Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Net Cash per Share : ₺-15.26 (As of Sep. 2023)


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What is Menderes Tekstilnayi ve Ticaret AS 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). Menderes Tekstilnayi ve Ticaret AS's Net Cash per Share for the quarter that ended in Sep. 2023 was ₺-15.26.

The historical rank and industry rank for Menderes Tekstilnayi ve Ticaret AS's Net Cash per Share or its related term are showing as below:

IST:MNDRS's Price-to-Net-Cash is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 6.35
* Ranked among companies with meaningful Price-to-Net-Cash only.

Menderes Tekstilnayi ve Ticaret AS Net Cash per Share Historical Data

The historical data trend for Menderes Tekstilnayi ve Ticaret AS'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.

Menderes Tekstilnayi ve Ticaret AS Net Cash per Share Chart

Menderes Tekstilnayi ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.38 -5.21 -7.69 -10.72 -14.52

Menderes Tekstilnayi ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -14.49 -14.52 -14.55 -16.46 -15.26

Competitive Comparison of Menderes Tekstilnayi ve Ticaret AS's Net Cash per Share

For the Textile Manufacturing subindustry, Menderes Tekstilnayi ve Ticaret AS'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.


Menderes Tekstilnayi ve Ticaret AS's Price-to-Net-Cash Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Menderes Tekstilnayi ve Ticaret AS's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Menderes Tekstilnayi ve Ticaret AS's Price-to-Net-Cash falls into.



Menderes Tekstilnayi ve Ticaret AS 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.

Menderes Tekstilnayi ve Ticaret AS's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(121.762-3706.447-44.392)/250
=-14.52

Menderes Tekstilnayi ve Ticaret AS's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(422.038-4188.106-48.545)/250
=-15.26

* 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.


Menderes Tekstilnayi ve Ticaret AS  (IST:MNDRS) 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.


Menderes Tekstilnayi ve Ticaret AS Net Cash per Share Related Terms

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Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Business Description

Traded in Other Exchanges
N/A
Address
Üniversite Cad. No:84, Bornova, Izmir, TUR
Menderes Tekstil Sanayi ve Ticaret AS is a textile company. It is engaged in the manufacturing of beddings, linens, pillow cases, sleep sets, tablecloths, 100% woven and knitted fabrics, polyester and cotton mix fabrics, draperies, collar linings, and fusible garment linings. The company's products are categorized into three which are Home textile products consisting of bedding sets to sleep sets, curtains, baby sets and printed fabrics, Upholstery fabrics, including slipcovers and Lining and interlining comprising of semi-finished products. The company operates under two brands which include La Notte and SNT.

Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Headlines

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