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Kowa Co (TSE:7807) Net Current Asset Value : 円400.83 (As of Aug. 2024)


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What is Kowa 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).

Kowa Co's net current asset value per share for the quarter that ended in Aug. 2024 was 円400.83.

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

TSE:7807' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.93   Med: 7.85   Max: 18.97
Current: 1.94

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kowa Co was 18.97. The lowest was 1.93. And the median was 7.85.

TSE:7807's Price-to-Net-Current-Asset-Value is ranked better than
72.44% of 283 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4 vs TSE:7807: 1.94

Kowa Co Net Current Asset Value Historical Data

The historical data trend for Kowa 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.

Kowa Co Net Current Asset Value Chart

Kowa Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -269.09 -144.40 68.41 133.07 207.81

Kowa Co 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 214.69 124.61 207.81 259.32 400.83

Competitive Comparison of Kowa Co's Net Current Asset Value

For the Furnishings, Fixtures & Appliances subindustry, Kowa 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.


Kowa Co's Price-to-Net-Current-Asset-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kowa Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Kowa Co Net Current Asset Value Calculation

Kowa Co'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)
=(3294.817-2338.563-67.642-0)/4.276
=207.81

Kowa Co'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)
=(4010.223-2214.473-78.185-0)/4.285
=400.83

* 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.


Kowa Co  (TSE:7807) 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.


Kowa Co Net Current Asset Value Related Terms

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Kowa Co Business Description

Traded in Other Exchanges
N/A
Address
3-159-1, Kaisan-cho, Sakai-ku, Sakai-shi, Osaka, JPN, 590-0982
Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.

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