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OKANO VALVE MFG Co (TSE:6492) Net Cash per Share : 円831.06 (As of Feb. 2024)


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What is OKANO VALVE MFG Co 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). OKANO VALVE MFG Co's Net Cash per Share for the quarter that ended in Feb. 2024 was 円831.06.

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

TSE:6492' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.09   Med: 5.47   Max: 123.78
Current: 5.79

During the past 13 years, the highest Price-to-Net-Cash Ratio of OKANO VALVE MFG Co was 123.78. The lowest was 3.09. And the median was 5.47.

TSE:6492's Price-to-Net-Cash is ranked better than
63.25% of 653 companies
in the Industrial Products industry
Industry Median: 8.25 vs TSE:6492: 5.79

OKANO VALVE MFG Co Net Cash per Share Historical Data

The historical data trend for OKANO VALVE MFG 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.

* Premium members only.

OKANO VALVE MFG Co Net Cash per Share Chart

OKANO VALVE MFG Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -835.90 -152.96 472.78 808.23 523.16

OKANO VALVE MFG Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 917.65 510.21 552.52 523.16 831.06

Competitive Comparison of OKANO VALVE MFG Co's Net Cash per Share

For the Specialty Industrial Machinery subindustry, OKANO VALVE MFG 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.


OKANO VALVE MFG Co's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKANO VALVE MFG Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where OKANO VALVE MFG Co's Price-to-Net-Cash falls into.



OKANO VALVE MFG 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.

OKANO VALVE MFG Co's Net Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as

Net Cash per Share (A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3533-2697-0)/1.59797
=523.16

OKANO VALVE MFG Co's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3727-2399-0)/1.59796
=831.06

* 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.


OKANO VALVE MFG Co  (TSE:6492) 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.


OKANO VALVE MFG Co Net Cash per Share Related Terms

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OKANO VALVE MFG Co (TSE:6492) Business Description

Traded in Other Exchanges
N/A
Address
1-14 Nakamachi, Moji-ku, Kitakyusyu, JPN, 800-8601
OKANO VALVE MFG.CO.LTD. is the diversified industrial equipment and components manufacturer in Japan. The principal business activities of the company are the production of various valves, machinery and equipment. The company offers globe valve, gate valve, check valve, drain valve, lining valve, among others. In addition, it is involved in the various iron and steel casting, forging as well as the sale of its products.

OKANO VALVE MFG Co (TSE:6492) Headlines

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