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Techbase Industries Bhd (XKLS:8966) Net Cash per Share : RM0.32 (As of Apr. 2024)


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What is Techbase Industries 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). Techbase Industries Bhd's Net Cash per Share for the quarter that ended in Apr. 2024 was RM0.32.

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

XKLS:8966' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.48   Med: 7.05   Max: 47.5
Current: 0.48

During the past 13 years, the highest Price-to-Net-Cash Ratio of Techbase Industries Bhd was 47.50. The lowest was 0.48. And the median was 7.05.

XKLS:8966's Price-to-Net-Cash is ranked better than
96.51% of 172 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 7.57 vs XKLS:8966: 0.48

Techbase Industries Bhd Net Cash per Share Historical Data

The historical data trend for Techbase Industries 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.

Techbase Industries Bhd Net Cash per Share Chart

Techbase Industries Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -0.32 -0.05 -0.10 0.08

Techbase Industries Bhd Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.01 0.08 0.09 0.05 0.32

Competitive Comparison of Techbase Industries Bhd's Net Cash per Share

For the Apparel Manufacturing subindustry, Techbase Industries 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.


Techbase Industries Bhd's Price-to-Net-Cash Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Techbase Industries Bhd's Price-to-Net-Cash distribution charts can be found below:

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



Techbase Industries 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.

Techbase Industries Bhd's Net Cash per Share for the fiscal year that ended in Jul. 2023 is calculated as

Net Cash per Share (A: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(137.563-85.332-29.519)/275.918
=0.08

Techbase Industries Bhd's Net Cash per Share for the quarter that ended in Apr. 2024 is calculated as

Net Cash per Share (Q: Apr. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(196.348-78.7-27.359)/282.765
=0.32

* 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.


Techbase Industries Bhd  (XKLS:8966) 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.


Techbase Industries Bhd Net Cash per Share Related Terms

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Techbase Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
PTD 94657, Batu 6, Jalan Mersing, Kluang, JHR, MYS, 83000
Prolexus Bhd is engaged in investment holding and the provision of management services. The company's business segments are Apparel, which includes the manufacturing of apparel and provision of apparel manufacturing services; Textile segment which includes the manufacturing of textiles and provision of textile manufacturing services; Advertising, which is engaged in the provision of advertising services on multimedia boards, and Others, which includes investment holding, property investment, provision of management services and provision of agency services. The company generates the maximum of its revenue from the apparel segment. Its primary geographic markets are Malaysia, the United States of America which generates maximum revenue, European countries, Asia, and other countries.

Techbase Industries Bhd Headlines

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