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The historical rank and industry rank for Tokyo Ohka Kogyo Co's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Tokyo Ohka Kogyo Co was 201.39. The lowest was 4.30. And the median was 6.46.
TOKCF's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9.41 * Ranked among companies with meaningful Price-to-Net-Cash only.
Tokyo Ohka Kogyo Co (OTCPK:TOKCF) 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.
Tokyo Ohka Kogyo Co Net Cash per Share Related Terms
Tokyo Ohka Kogyo Co Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Tokyo Ohka Kogyo Co'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.
TOKCF vs APH, GLW, TEL: Net Cash per Share Comparison
For the Electronic Components subindustry, Tokyo Ohka Kogyo Co'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.
Tokyo Ohka Kogyo Co Price-to-Net-Cash vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Tokyo Ohka Kogyo Co's Price-to-Net-Cash falls into.
Tokyo Ohka Kogyo Co 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.
Tokyo Ohka Kogyo Co's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tokyo Ohka Kogyo Co (TOKCF) has a Net Cash per Share of $-1.96 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tokyo Ohka Kogyo Co and its competitors. Over the past decade, Tokyo Ohka Kogyo Co's Net Cash per Share has ranged from 4.30 to 201.39. According to the industry distribution chart, Tokyo Ohka Kogyo Co ranks #999999 out of 613 companies in the Hardware industry.
Is Tokyo Ohka Kogyo Co's Net Cash per Share too high?
Tokyo Ohka Kogyo Co's current Net Cash per Share is $-1.96. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 201.39. Based on the distribution chart, Tokyo Ohka Kogyo Co ranks #999999 out of 613 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tokyo Ohka Kogyo Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Ohka Kogyo Co's Net Cash per Share compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Ohka Kogyo Co ranks #999999 out of 613 companies for Net Cash per Share. This places Tokyo Ohka Kogyo Co in the lower half of its industry. The industry median Net Cash per Share is 9.41. Historically, Tokyo Ohka Kogyo Co's own Net Cash per Share has ranged from 4.30 to 201.39 over the past decade. 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 Hardware company?
The median Net Cash per Share among Hardware companies is 9.41, based on 613 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 Tokyo Ohka Kogyo Co and its competitors. For the Hardware industry, the median Net Cash per Share is 9.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Ohka Kogyo Co's current Net Cash per Share is $-1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Ohka Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co (TOKCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.91, compared to a current price of $52.67 — trading 65.1% above its estimated fair value. The current Net Cash per Share is $-1.96. Tokyo Ohka Kogyo Co's overall GF Score™ is 85/100. 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 Tokyo Ohka Kogyo Co (TOKCF), the current Net Cash per Share is $-1.96 as of Dec. 2025. 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 Tokyo Ohka Kogyo Co (TOKCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co stock appears to be overvalued.
The current stock price of $52.67 is trading 65.1% above its estimated GF Value™ of $31.91.
GuruFocus considers Tokyo Ohka Kogyo Co to be Significantly Overvalued.
Key valuation signals for TOKCF:
Net Cash per Share: $-1.96
GF Value™: $31.91 vs. price of $52.67 (65.1% above fair value)
No single metric tells the full story. See the TOKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm is mainly used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals.
85GF Score
Get the complete analysis for TOKCF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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