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GreenEnergy (TSE:1436) Net Current Asset Value : 円754.68 (As of Jan. 2024)


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What is GreenEnergy Net Current Asset Value?

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).

GreenEnergy's net current asset value per share for the quarter that ended in Jan. 2024 was 円754.68.

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

TSE:1436' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.64   Med: 1.18   Max: 2.84
Current: 2.84

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of GreenEnergy was 2.84. The lowest was 0.64. And the median was 1.18.

TSE:1436's Price-to-Net-Current-Asset-Value is ranked better than
51.61% of 963 companies
in the Construction industry
Industry Median: 2.98 vs TSE:1436: 2.84

GreenEnergy Net Current Asset Value Historical Data

The historical data trend for GreenEnergy'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.

* Premium members only.

GreenEnergy Net Current Asset Value Chart

GreenEnergy Annual Data
Trend Mar15 Mar16 Mar17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 787.01 774.17 624.92 599.92 707.05

GreenEnergy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 674.62 707.05 687.76 743.16 754.68

Competitive Comparison of GreenEnergy's Net Current Asset Value

For the Engineering & Construction subindustry, GreenEnergy'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.


GreenEnergy's Price-to-Net-Current-Asset-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, GreenEnergy's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



GreenEnergy Net Current Asset Value Calculation

GreenEnergy's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2023 is calculated as

Net Current Asset Value Per Share(A: Apr. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8433.099-5551.29-0-0)/4.07583
=707.05

GreenEnergy's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8532.184-5456.234-0-0)/4.07583
=754.68

* 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.


GreenEnergy  (TSE:1436) 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.


GreenEnergy Net Current Asset Value Related Terms

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GreenEnergy (TSE:1436) Business Description

Traded in Other Exchanges
N/A
Address
28-13 Shibuya 3-chome Shibuya-ku, Shibuya Shinagami Building, 2th floor, Tokyo, JPN, 150-0002
Fit Corporation is engaged in development and operation of renewable energy systems, planning, design and construction and sale of standard housing and condominiums, and runs a chain style business providing services to investment point of contact FC merchants. Its clean energy business includes solar power generation, wind power, construction and management of biomass power generation facilities, development and operation of other clean energy systems.

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