NTT DOCOMO (BUE:DCM) Net Current Asset Value: ARS135.49 (As of Sep. 2020) — 1024% Above Median


What is NTT DOCOMO Net Current Asset Value?

NTT DOCOMO BUE:DCM 10 Net Current Asset Value is ARS135.49 as of Sep. 2020, which is 100% below its 10-year median of 12.05. GuruFocus rates BUE:DCM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

NTT DOCOMO's net current asset value per share for the quarter that ended in Sep. 2020 was ARS135.49.

The historical rank and industry rank for NTT DOCOMO's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of NTT DOCOMO was 35.87. The lowest was 7.26. And the median was 12.05.

BUE:DCM's Price-to-Net-Current-Asset-Value is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.57
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

NTT DOCOMO  (BUE:DCM) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


NTT DOCOMO Net Current Asset Value Related Terms


NTT DOCOMO Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for NTT DOCOMO's Net Current Asset Value 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.

NTT DOCOMO Net Current Asset Value Chart

NTT DOCOMO Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.15 31.84 54.31 100.62 75.28

NTT DOCOMO Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Net Current Asset Value 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 111.13 101.05 76.24 81.33 135.49

BUE:DCM vs VZ, T, TMUS: Net Current Asset Value Comparison

For the Telecom Services subindustry, NTT DOCOMO's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


NTT DOCOMO Price-to-Net-Current-Asset-Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTT DOCOMO's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where NTT DOCOMO's Price-to-Net-Current-Asset-Value falls into.



NTT DOCOMO Net Current Asset Value Calculation

NTT DOCOMO's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2020 is calculated as

Net Current Asset Value Per Share(A: Mar. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1565362.78-1304983.406-12875.365-0)/3287.746
=75.28

NTT DOCOMO's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2020 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1935695.328-1482433.314-15781.862-0)/3228.776
=135.49

* 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.

What does a Net Current Asset Value of ARS135.49 mean?
NTT DOCOMO (BUE:DCM) has a Net Current Asset Value of ARS135.49 as of Sep. 2020. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on NTT DOCOMO and its competitors. This is 1024% above median its historical median of 12.05. Over the past decade, NTT DOCOMO's Net Current Asset Value has ranged from 7.26 to 35.87.
Is NTT DOCOMO's Net Current Asset Value too high?
NTT DOCOMO's current Net Current Asset Value of ARS135.49 is 1024% above median its 10-year median of 12.05. Over the past 10 years, this metric has ranged from a low of 7.26 to a high of 35.87. Overall, NTT DOCOMO has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does NTT DOCOMO's Net Current Asset Value compare to VZ and T?
NTT DOCOMO's Net Current Asset Value of ARS135.49 can be compared against companies in the Telecommunication Services industry. The industry median Net Current Asset Value is 5.57. Historically, NTT DOCOMO's own Net Current Asset Value has ranged from 7.26 to 35.87 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 Current Asset Value for a Telecommunication Services company?
The median Net Current Asset Value among Telecommunication Services companies is 5.57, based on 97 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on NTT DOCOMO and its competitors. For the Telecommunication Services industry, the median Net Current Asset Value is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DOCOMO's current Net Current Asset Value is ARS135.49, which is 1024% above median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DOCOMO stock overvalued right now?
NTT DOCOMO (BUE:DCM) has a current Net Current Asset Value of ARS135.49. The current Net Current Asset Value is ARS135.49, which is 1024% above median its 10-year median of 12.05. NTT DOCOMO's overall GF Score™ is 10/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For NTT DOCOMO (BUE:DCM), the current Net Current Asset Value is ARS135.49 as of Sep. 2020. 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.

NTT DOCOMO Business Description

Address Sanno Park Tower, 11-1, Nagata-cho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6150
NTT DoCoMo is Japan's largest wireless telephone operator. It has 78 million subscribers, leading to its market share of approximately 44%. The firm has been a technological leader, introducing wireless Internet access through its i-mode service in 1999, along with the ability to use a handset like a credit card. NTT DoCoMo also owns minority stakes in Philippine Long Distance Telephone, Hutchison Telecom Hong Kong Holdings, and other smaller phone companies. The firm's objective is to have the highest-quality network and customer service in Japan.