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Ishiharangyo Kaisha (TSE:4028) Net Current Asset Value : 円1,056.21 (As of Sep. 2024)


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What is Ishiharangyo Kaisha 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).

Ishiharangyo Kaisha's net current asset value per share for the quarter that ended in Sep. 2024 was 円1,056.21.

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

TSE:4028' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.22   Med: 2.41   Max: 23.9
Current: 1.75

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ishiharangyo Kaisha was 23.90. The lowest was 1.22. And the median was 2.41.

TSE:4028's Price-to-Net-Current-Asset-Value is ranked better than
85.54% of 927 companies
in the Chemicals industry
Industry Median: 5.08 vs TSE:4028: 1.75

Ishiharangyo Kaisha Net Current Asset Value Historical Data

The historical data trend for Ishiharangyo Kaisha'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.

Ishiharangyo Kaisha Net Current Asset Value Chart

Ishiharangyo Kaisha 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 364.28 412.87 688.29 865.65 1,123.54

Ishiharangyo Kaisha 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 944.63 910.84 885.78 1,123.54 1,056.21

Competitive Comparison of Ishiharangyo Kaisha's Net Current Asset Value

For the Specialty Chemicals subindustry, Ishiharangyo Kaisha'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.


Ishiharangyo Kaisha's Price-to-Net-Current-Asset-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ishiharangyo Kaisha's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Ishiharangyo Kaisha Net Current Asset Value Calculation

Ishiharangyo Kaisha'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)
=(161173-118209-48-0)/38.197
=1,123.54

Ishiharangyo Kaisha'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)
=(154759-114295-85-0)/38.230
=1,056.21

* 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.


Ishiharangyo Kaisha  (TSE:4028) 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.


Ishiharangyo Kaisha Net Current Asset Value Related Terms

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Ishiharangyo Kaisha Business Description

Traded in Other Exchanges
N/A
Address
3-15 Edobori 1-chome, Nishi-ku, Osaka, JPN, 550-0002
Ishihara Sangyo Kaisha Ltd is mainly engaged in the manufacturing and marketing of agricultural chemicals in Japan. The company's core business activities are categorized into three key segments - Inorganic Chemicals, Organic Chemicals, and Other Businesses. Its product line consists of titanium dioxide products, environmental products such as gypsum and iron oxide stably, pharmaceuticals, battery materials and organic intermediates. Its primary geographic markets are Japan, Asia, America, Europe, and other.

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