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Inter Action (TSE:7725) Net Current Asset Value : 円842.57 (As of Feb. 2024)


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What is Inter Action 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).

Inter Action's net current asset value per share for the quarter that ended in Feb. 2024 was 円842.57.

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

TSE:7725' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.22   Med: 2.98   Max: 8.91
Current: 1.82

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Inter Action was 8.91. The lowest was 1.22. And the median was 2.98.

TSE:7725's Price-to-Net-Current-Asset-Value is ranked better than
81.94% of 1838 companies
in the Hardware industry
Industry Median: 4.155 vs TSE:7725: 1.82

Inter Action Net Current Asset Value Historical Data

The historical data trend for Inter Action'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.

Inter Action Net Current Asset Value Chart

Inter Action Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 527.70 589.32 692.99 738.62 813.69

Inter Action Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 808.11 813.69 806.34 831.43 842.57

Competitive Comparison of Inter Action's Net Current Asset Value

For the Electronic Components subindustry, Inter Action'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.


Inter Action's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inter Action's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Inter Action Net Current Asset Value Calculation

Inter Action's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2023 is calculated as

Net Current Asset Value Per Share(A: May. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(11296.423-2477.862-0-0)/10.8377
=813.69

Inter Action's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(11176.251-1998.67-0-0)/10.8924
=842.57

* 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.


Inter Action  (TSE:7725) 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.


Inter Action Net Current Asset Value Related Terms

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Inter Action (TSE:7725) Business Description

Traded in Other Exchanges
Address
1-1, Fukuura, Kanazawa-ku, Yokohama-shi, Kanagawa-ken, JPN, 236-0004
Inter Action Corp is engaged in IoT related business, environmental energy business which include drying and deodorizing equipment for exhaust gas treatment equipment, and industry 4.0 promotion project which include precision anti-vibration device, 3D modelling design, and gear testing machine.

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