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Toho Real Estate Co. (TSE:8833) Net Cash per Share : 円-206.96 (As of Feb. 2013)


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What is Toho Real Estate 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). Toho Real Estate Co.'s Net Cash per Share for the quarter that ended in Feb. 2013 was 円-206.96.

The historical rank and industry rank for Toho Real Estate Co.'s Net Cash per Share or its related term are showing as below:

TSE:8833's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.46
* Ranked among companies with meaningful Price-to-Net-Cash only.

Toho Real Estate Co. Net Cash per Share Historical Data

The historical data trend for Toho Real Estate 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.

Toho Real Estate Co. Net Cash per Share Chart

Toho Real Estate Co. Annual Data
Trend Feb09 Feb10 Feb11 Feb12
Net Cash per Share
-241.20 -228.19 -208.32 -178.19

Toho Real Estate Co. Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -178.22 -164.53 -168.72 -193.70 -206.96

Competitive Comparison of Toho Real Estate Co.'s Net Cash per Share

For the Real Estate Services subindustry, Toho Real Estate 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.


Toho Real Estate Co.'s Price-to-Net-Cash Distribution in the Real Estate Industry

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

* The bar in red indicates where Toho Real Estate Co.'s Price-to-Net-Cash falls into.



Toho Real Estate 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.

Toho Real Estate Co.'s Net Cash per Share for the fiscal year that ended in Feb. 2012 is calculated as

Net Cash per Share (A: Feb. 2012 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9182.477-19065.11-0)/55.461
=-178.19

Toho Real Estate Co.'s Net Cash per Share for the quarter that ended in Feb. 2013 is calculated as

Net Cash per Share (Q: Feb. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(8958.112-20432.071-0)/55.440
=-206.96

* 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.


Toho Real Estate Co.  (TSE:8833) 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.


Toho Real Estate Co. Net Cash per Share Related Terms

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Toho Real Estate Co. (TSE:8833) Business Description

Traded in Other Exchanges
N/A
Address
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