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Media Research Institute (TSE:9242) Net Current Asset Value : 円938.34 (As of Apr. 2024)


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What is Media Research Institute 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).

Media Research Institute's net current asset value per share for the quarter that ended in Apr. 2024 was 円938.34.

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

TSE:9242' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.28   Med: 1.79   Max: 3.68
Current: 1.73

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Media Research Institute was 3.68. The lowest was 1.28. And the median was 1.79.

TSE:9242's Price-to-Net-Current-Asset-Value is ranked better than
80.78% of 588 companies
in the Business Services industry
Industry Median: 4.19 vs TSE:9242: 1.73

Media Research Institute Net Current Asset Value Historical Data

The historical data trend for Media Research Institute'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.

Media Research Institute Net Current Asset Value Chart

Media Research Institute Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
Net Current Asset Value
202.99 290.46 396.95 796.73 781.19

Media Research Institute Quarterly Data
Jul19 Jul20 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 929.54 781.19 728.22 920.15 938.34

Competitive Comparison of Media Research Institute's Net Current Asset Value

For the Staffing & Employment Services subindustry, Media Research Institute'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.


Media Research Institute's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Media Research Institute's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Media Research Institute Net Current Asset Value Calculation

Media Research Institute's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2023 is calculated as

Net Current Asset Value Per Share(A: Jul. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1111.837-175.451-0-0)/1.19866
=781.19

Media Research Institute's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2024 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1403.417-249.057-0-0)/1.23022
=938.34

* 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.


Media Research Institute  (TSE:9242) 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.


Media Research Institute Net Current Asset Value Related Terms

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Media Research Institute (TSE:9242) Business Description

Traded in Other Exchanges
N/A
Address
2-8-1 Daimyo, Higo Tenjinho Building 6th Floor, Fukuoka Chuo-ku, Fukuoka, JPN, 810-0041
Media Research Institute Inc is primarily involved in the planning of job hunting events for technical college and university students.

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