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Northeast Group Bhd (XKLS:0325) Net Cash per Share : RM0.04 (As of Sep. 2023)


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What is Northeast Group Bhd 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). Northeast Group Bhd's Net Cash per Share for the quarter that ended in Sep. 2023 was RM0.04.

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

XKLS:0325' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.38
Current: 8.38

During the past 3 years, the highest Price-to-Net-Cash Ratio of Northeast Group Bhd was 8.38. The lowest was 0.00. And the median was 0.00.

XKLS:0325's Price-to-Net-Cash is ranked worse than
52.38% of 651 companies
in the Hardware industry
Industry Median: 7.66 vs XKLS:0325: 8.38

Northeast Group Bhd Net Cash per Share Historical Data

The historical data trend for Northeast Group Bhd'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.

Northeast Group Bhd Net Cash per Share Chart

Northeast Group Bhd Annual Data
Trend Sep21 Sep22 Sep23
Net Cash per Share
- 0.03 0.04

Northeast Group Bhd Semi-Annual Data
Sep21 Sep22 Sep23
Net Cash per Share - 0.03 0.04

Competitive Comparison of Northeast Group Bhd's Net Cash per Share

For the Electronic Components subindustry, Northeast Group Bhd'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.


Northeast Group Bhd's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Northeast Group Bhd's Price-to-Net-Cash distribution charts can be found below:

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


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Northeast Group Bhd 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.

Northeast Group Bhd's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(81.906-49.483-0)/740.000
=0.04

Northeast Group Bhd's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(81.906-49.483-0)/740.000
=0.04

* 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.


Northeast Group Bhd  (XKLS:0325) 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.


Northeast Group Bhd Net Cash per Share Related Terms

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Northeast Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
1946, Lorong IKS Bukit Minyak 1, Taman IKS Bukit Minyak, Simpang Ampat, PNG, MYS, 14100
Northeast Group Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the manufacturing of precision engineering components used in the photonics, E&E, semiconductor, telecommunication and optoelectronics industries. Precision engineering components are parts that are precisely machined in exact and accurate dimensions (i.e. tolerances for variation of up to a single-digit micron range) to be further processed and/or assembled to form end-products by its customers. Geographically, it operates in Malaysia, North America, Europe, Oceania, South America and Other Asian Countries.

Northeast Group Bhd Headlines

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