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Fukui Computer Holdings (TSE:9790) Net Current Asset Value : 円820.06 (As of Dec. 2023)


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What is Fukui Computer Holdings 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).

Fukui Computer Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was 円820.06.

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

TSE:9790' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.63   Med: 5.19   Max: 13.69
Current: 2.63

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fukui Computer Holdings was 13.69. The lowest was 2.63. And the median was 5.19.

TSE:9790's Price-to-Net-Current-Asset-Value is ranked better than
76.71% of 1683 companies
in the Software industry
Industry Median: 5.26 vs TSE:9790: 2.63

Fukui Computer Holdings Net Current Asset Value Historical Data

The historical data trend for Fukui Computer Holdings'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.

Fukui Computer Holdings Net Current Asset Value Chart

Fukui Computer Holdings 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 408.26 522.51 684.73 766.57 831.67

Fukui Computer Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 766.57 762.70 759.32 820.06 831.67

Competitive Comparison of Fukui Computer Holdings's Net Current Asset Value

For the Software - Application subindustry, Fukui Computer Holdings'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.


Fukui Computer Holdings's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Fukui Computer Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Fukui Computer Holdings Net Current Asset Value Calculation

Fukui Computer Holdings'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)
=(22551-5356-0-0)/20.6752
=831.67

Fukui Computer Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(21412-4457-0-0)/20.6752
=820.06

* 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.


Fukui Computer Holdings  (TSE:9790) 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.


Fukui Computer Holdings Net Current Asset Value Related Terms

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Fukui Computer Holdings (TSE:9790) Business Description

Traded in Other Exchanges
Address
Takagi chuo 1-2501, Fukui Prefecture, Fukui City, JPN, 910-8521
Fukui Computer Holdings Inc is engaged in architecture, surveying, development, and sale of various types of computer-aided design (CAD) software. It supplies services for two segments which are architecture and information technology respectively. The architectural business includes the 3D architectural designing system that supports total design work from design to presentation, various applications, integration / estimation, after-sales management. The Measurement Civil Engineering CAD segment is engaged in the development, sale, and maintenance of measurement CAD software and civil engineering CAD software. The Information Technology (IT) Solution segment offers solution services, including other system development, Web application and hosting services.

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