GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gumi Inc (TSE:3903) » Definitions » Net Current Asset Value

Gumi (TSE:3903) Net Current Asset Value : 円158.21 (As of Jan. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Gumi 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).

Gumi's net current asset value per share for the quarter that ended in Jan. 2024 was 円158.21.

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

TSE:3903' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.62   Med: 3.6   Max: 12.57
Current: 2.62

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gumi was 12.57. The lowest was 2.62. And the median was 3.60.

TSE:3903's Price-to-Net-Current-Asset-Value is ranked better than
65.95% of 373 companies
in the Interactive Media industry
Industry Median: 3.87 vs TSE:3903: 2.62

Gumi Net Current Asset Value Historical Data

The historical data trend for Gumi'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.

Gumi Net Current Asset Value Chart

Gumi Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.73 167.89 43.04 186.38 122.65

Gumi Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 186.38 124.45 139.59 158.21 122.65

Competitive Comparison of Gumi's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Gumi'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.


Gumi's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

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

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



Gumi Net Current Asset Value Calculation

Gumi's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2024 is calculated as

Net Current Asset Value Per Share(A: Apr. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(11945.314-7089.953-0.519-0)/39.5817
=122.65

Gumi'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)
=(14710.345-8404.539-44.194-0)/39.5767
=158.21

* 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.


Gumi  (TSE:3903) 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.


Gumi Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Gumi's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Gumi (TSE:3903) Business Description

Traded in Other Exchanges
Address
Nishi-Shinjuku 4-34-7, 3rd floor, Sumitomo Fudosan Nishi-Shinjuku Building No. 5, Shinjuku-ku, Tokyo, JPN, 160-0023
Gumi Inc is an entertainment company, which develops, operates, and distributes online games for smartphones and tablets. It provides native application services, game contents can be downloaded from apple store without browser; browser game services, game can be played on the mobile terminal browser, as well as publishing services, in which the company performs localization of game content developed by third parties and then sell them through its various sales channels. In addition, the firm offers VR (Virtual Reality) services.

Gumi (TSE:3903) Headlines

No Headlines