Tosei (TOETF) Net Cash per Share: $-9.80 (As of May. 2026)

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TOETF Tosei Corp TOETF
83 GF Score
Price $9.15
GF Value $10.84
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tosei Net Cash per Share?

Tosei TOETF 83 Net Cash per Share is $-9.80 as of May. 2026. GuruFocus rates TOETF with a GF Score™ of 83/100 and a GF Value™ of $10.84 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 186 Real Estate companies, Tosei ranks worse than 537633.87% on this metric.

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). Tosei's Net Cash per Share for the quarter that ended in May. 2026 was $-9.80.

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

TOETF's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.165
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tosei  (OTCPK:TOETF) 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.


Tosei Net Cash per Share Related Terms


Tosei Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Tosei'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.

Tosei Net Cash per Share Chart

Tosei Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.77 -7.94 -8.57 -10.17 -10.97

Tosei Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -10.22 -10.69 -10.97 -9.70 -9.80

Tosei Net Cash per Share Competitor Comparison

For the Real Estate - Diversified subindustry, Tosei'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.


Tosei Price-to-Net-Cash vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tosei's Price-to-Net-Cash distribution charts can be found below:

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


TOETF
83GF Score
Tosei Corp TOETF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Tosei 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.

Tosei's Net Cash per Share for the fiscal year that ended in Nov. 2025 is calculated as

Net Cash per Share (A: Nov. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(255.279-1318.743-0.2)/96.970
=-10.97

Tosei's Net Cash per Share for the quarter that ended in May. 2026 is calculated as

Net Cash per Share (Q: May. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(303.962-1254.539-0)/97.006
=-9.80

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-9.80 mean?
Tosei (TOETF) has a Net Cash per Share of $-9.80 as of May. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tosei and its competitors. According to the industry distribution chart, Tosei ranks #999999 out of 186 companies in the Real Estate industry.
Is Tosei's Net Cash per Share too high?
Tosei's current Net Cash per Share is $-9.80. Based on the distribution chart, Tosei ranks #999999 out of 186 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tosei has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tosei's Net Cash per Share compare to competitors?
According to the Real Estate industry distribution chart, Tosei ranks #999999 out of 186 companies for Net Cash per Share. This places Tosei in the lower half of its industry. The industry median Net Cash per Share is 5.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Real Estate company?
The median Net Cash per Share among Real Estate companies is 5.17, based on 186 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tosei and its competitors. For the Real Estate industry, the median Net Cash per Share is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosei's current Net Cash per Share is $-9.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosei stock overvalued right now?
Based on GuruFocus' analysis, Tosei (TOETF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.84, compared to a current price of $9.15 — trading 15.6% below its estimated fair value. The current Net Cash per Share is $-9.80. Tosei's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Tosei (TOETF), the current Net Cash per Share is $-9.80 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tosei (TOETF) Overvalued in 2026?

Based on GuruFocus' analysis, Tosei stock appears to be undervalued. The current stock price of $9.15 is trading 15.6% below its estimated GF Value™ of $10.84. GuruFocus considers Tosei to be Modestly Undervalued.

Key valuation signals for TOETF:

  • Net Cash per Share: $-9.80
  • GF Value™: $10.84 vs. price of $9.15 (15.6% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the TOETF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tosei Business Description

Other Exchanges 8923:Japan
Address 5-4 Shibaura 4-chome, Toranomon Tosei Building, Minato-ku, Tokyo, JPN, 105-0001
Tosei Corp is a diversified real estate company based in Japan. It is engaged in selling condominiums, detached houses, rental condominiums, and office buildings to individual customers and investors; providing asset management services for real estate funds, leasing properties; operating a real estate revitalization business; and operating hotels, among other activities. Along with its subsidiaries, the company operates in the following reportable segments: Real Estate Revitalization, Real Estate Development, Real Estate Leasing, Real Estate Fund and Consulting, Real Estate Management, and Hotel. Maximum revenue is generated from its Real Estate Revitalization Business, which revitalizes and sells properties with deteriorated asset value.
83GF Score

Get the complete analysis for TOETF

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.15
Price
$10.84
GF Value