GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raytech Holding Ltd (NAS:RAY) » Definitions » Net Cash per Share

RAY (Raytech Holding) Net Cash per Share : $0.43 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Raytech Holding 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). Raytech Holding's Net Cash per Share for the quarter that ended in Sep. 2024 was $0.43.

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

RAY' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.41   Med: 4.7   Max: 4.7
Current: 2.41

During the past 4 years, the highest Price-to-Net-Cash Ratio of Raytech Holding was 4.70. The lowest was 2.41. And the median was 4.70.

RAY's Price-to-Net-Cash is ranked better than
85.76% of 309 companies
in the Consumer Packaged Goods industry
Industry Median: 8.81 vs RAY: 2.41

Raytech Holding Net Cash per Share Historical Data

The historical data trend for Raytech Holding'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.

Raytech Holding Net Cash per Share Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Cash per Share
-0.01 0.05 0.07 0.06

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net Cash per Share Get a 7-Day Free Trial 0.07 0.07 0.11 0.06 0.43

Competitive Comparison of Raytech Holding's Net Cash per Share

For the Household & Personal Products subindustry, Raytech Holding'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.

Raytech Holding's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's Price-to-Net-Cash distribution charts can be found below:

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


Raytech Holding 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.

Raytech Holding's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.587-3.456-0)/17.500
=0.06

Raytech Holding's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.403-2.88-0)/17.613
=0.43

* 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.

Raytech Holding  (NAS:RAY) 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.

Raytech Holding Net Cash per Share Related Terms

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

Raytech Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raytech Holding Ltd (NAS:RAY) » Definitions » Net Cash per Share
Comparable Companies
PURE CTCX DQWS TANH PGID SNBH SKVI BMXC UG GROV PG XPAR:OR LSE:ULVR CL BOM:500696 KMB LSE:RKT KVUE XTER:HEN3 XTER:BEI
Traded in Other Exchanges
N/A
Address
No.19 Lam Lok Street, Unit 609, 6th Floor, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Website
https://www.raytech.com.hk
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.