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Good Com Asset Co (TSE:3475) Net Current Asset Value : 円442.96 (As of Oct. 2024)


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What is Good Com Asset 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).

Good Com Asset Co's net current asset value per share for the quarter that ended in Oct. 2024 was 円442.96.

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

TSE:3475' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.81   Med: 1.89   Max: 2.76
Current: 2.67

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Good Com Asset Co was 2.76. The lowest was 1.81. And the median was 1.89.

TSE:3475's Price-to-Net-Current-Asset-Value is ranked worse than
54.3% of 755 companies
in the Real Estate industry
Industry Median: 2.26 vs TSE:3475: 2.67

Good Com Asset Co Net Current Asset Value Historical Data

The historical data trend for Good Com Asset 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.

Good Com Asset Co Net Current Asset Value Chart

Good Com Asset Co Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 251.36 293.53 370.66 385.98 442.96

Good Com Asset Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 370.84 385.98 351.06 364.46 442.96

Competitive Comparison of Good Com Asset Co's Net Current Asset Value

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Good Com Asset Co Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Oct. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(38285.581-25522.984-0-0)/28.812
=442.96

Good Com Asset Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2024 is calculated as

Net Current Asset Value Per Share(Q: Oct. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(38285.581-25522.984-0-0)/28.812
=442.96

* 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.


Good Com Asset Co  (TSE:3475) 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.


Good Com Asset Co Net Current Asset Value Related Terms

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Good Com Asset Co Business Description

Traded in Other Exchanges
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

Good Com Asset Co Headlines

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