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Nittoc Construction Co (TSE:1929) Net Current Asset Value : 円477.59 (As of Sep. 2024)


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What is Nittoc Construction Co 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).

Nittoc Construction Co's net current asset value per share for the quarter that ended in Sep. 2024 was 円477.59.

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

TSE:1929' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.26   Med: 1.79   Max: 2.73
Current: 2.25

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nittoc Construction Co was 2.73. The lowest was 1.26. And the median was 1.79.

TSE:1929's Price-to-Net-Current-Asset-Value is ranked better than
63.12% of 1006 companies
in the Construction industry
Industry Median: 2.985 vs TSE:1929: 2.25

Nittoc Construction Co Net Current Asset Value Historical Data

The historical data trend for Nittoc Construction Co'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.

Nittoc Construction Co Net Current Asset Value Chart

Nittoc Construction Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 413.16 453.87 509.15 514.77 518.93

Nittoc Construction Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 488.20 507.80 520.43 518.93 477.59

Competitive Comparison of Nittoc Construction Co's Net Current Asset Value

For the Engineering & Construction subindustry, Nittoc Construction Co'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.


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

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

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


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Nittoc Construction Co Net Current Asset Value Calculation

Nittoc Construction Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(A: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(42222-20389-179-0)/41.728
=518.93

Nittoc Construction Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(39128-19045-144-0)/41.749
=477.59

* 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.


Nittoc Construction Co  (TSE:1929) 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.


Nittoc Construction Co Net Current Asset Value Related Terms

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Nittoc Construction Co Business Description

Traded in Other Exchanges
N/A
Address
10-6, 3-Chome, Higashi-nihonbashi, 4th, 5th, and 6th Floors, Heiwa Higashi-Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0004
Nittoc Construction Co Ltd engages in construction and civil engineering business. It offers services in disaster prevention and environmental conservation such as vegetation and re-vegetation, river and shore embankment protection, rock slope failure prevention, temporary anchor works, and structure diagnosis; urban regeneration such as ground improvement, reinforcement works and foundation method, liquification prevention measures, piling, and anchoring; maintenance and renovation such as slope reinforcement, concrete structure upgrade, rock slope diagnosis, diagnosis and investigation and reinforcement of existing structure. In addition, the company offers construction consultancy, grouting, applied engineering, and shield, as well as survey, geological survey, and design services.

Nittoc Construction Co Headlines

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