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Yoshimura Food Holdings KK (TSE:2884) Net Current Asset Value : 円-587.52 (As of Aug. 2024)


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What is Yoshimura Food Holdings KK 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).

Yoshimura Food Holdings KK's net current asset value per share for the quarter that ended in Aug. 2024 was 円-587.52.

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

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Yoshimura Food Holdings KK was 124.03. The lowest was 2.80. And the median was 11.18.

TSE:2884's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.4
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Yoshimura Food Holdings KK Net Current Asset Value Historical Data

The historical data trend for Yoshimura Food Holdings KK'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.

Yoshimura Food Holdings KK Net Current Asset Value Chart

Yoshimura Food Holdings KK Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -284.28 -119.95 -208.46 -257.01 -640.14

Yoshimura Food Holdings KK Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -314.15 -686.52 -640.14 -598.74 -587.52

Competitive Comparison of Yoshimura Food Holdings KK's Net Current Asset Value

For the Packaged Foods subindustry, Yoshimura Food Holdings KK'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.


Yoshimura Food Holdings KK's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yoshimura Food Holdings KK's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Yoshimura Food Holdings KK's Price-to-Net-Current-Asset-Value falls into.


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Yoshimura Food Holdings KK Net Current Asset Value Calculation

Yoshimura Food Holdings KK's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(A: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(28337.632-39680.084-3808.429-0)/23.668
=-640.14

Yoshimura Food Holdings KK's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2024 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(30530.098-40043.22-4491.108-0)/23.836
=-587.52

* 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.


Yoshimura Food Holdings KK  (TSE:2884) 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.


Yoshimura Food Holdings KK Net Current Asset Value Related Terms

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Yoshimura Food Holdings KK Business Description

Traded in Other Exchanges
N/A
Address
2-2 No. 2, Uchisaiwa-cho, 18th Floor, Fukoku Life Building, Chiyoda-ku, Tokyo, JPN, 100-0011
Yoshimura Food Holdings KK operates as a holding company which engages in the food business. The company is mainly engaged in planning, execution and management of business strategies of group companies, as well as supporting and overseeing of sales, manufacturing, product development, quality management, business management and other functions of subsidiaries. The company offers commercial food materials; Chinese dishes; dried noodles, buckwheat flour, wheat flour, etc.; meat and processed food products; sake products; and frozen foods, including frozen seafood, fried fowl pork cutlets, scissors cutlets, and fly with crab claw products.

Yoshimura Food Holdings KK Headlines

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