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Kakiyasu Honten Co (TSE:2294) Net-Net Working Capital : 円618.03 (As of Oct. 2024)


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What is Kakiyasu Honten Co Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Kakiyasu Honten Co's Net-Net Working Capital for the quarter that ended in Oct. 2024 was 円618.03.

The industry rank for Kakiyasu Honten Co's Net-Net Working Capital or its related term are showing as below:

TSE:2294's Price-to-Net-Net-Working-Capital is ranked better than
63.51% of 74 companies
in the Retail - Defensive industry
Industry Median: 6.035 vs TSE:2294: 4.50

Kakiyasu Honten Co Net-Net Working Capital Historical Data

The historical data trend for Kakiyasu Honten Co's Net-Net Working Capital 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.

Kakiyasu Honten Co Net-Net Working Capital Chart

Kakiyasu Honten Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 482.11 566.15 614.64 800.20 883.24

Kakiyasu Honten Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24 Apr24 Oct24
Net-Net Working Capital 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 811.44 814.85 881.68 869.32 618.03

Competitive Comparison of Kakiyasu Honten Co's Net-Net Working Capital

For the Food Distribution subindustry, Kakiyasu Honten Co's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Kakiyasu Honten Co's Price-to-Net-Net-Working-Capital Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kakiyasu Honten Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Kakiyasu Honten Co's Price-to-Net-Net-Working-Capital falls into.


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Kakiyasu Honten Co Net-Net Working Capital Calculation

Kakiyasu Honten Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2023 is calculated as

Net-Net Working Capital(A: Feb. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10982+0.75 * 2373+0.5 * 834-3933
-0-0)/10.468
=883.24

Kakiyasu Honten Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Oct. 2024 is calculated as

Net-Net Working Capital(Q: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7366+0.75 * 2514+0.5 * 1024-3844
-0-0)/9.578
=618.03

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.


Kakiyasu Honten Co  (TSE:2294) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Kakiyasu Honten Co Net-Net Working Capital Related Terms

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Kakiyasu Honten Co Business Description

Traded in Other Exchanges
N/A
Address
8 Yoshinomaru, Mie Prefecture, Kuwana, JPN, 511-8555
Kakiyasu Honten Co Ltd operates the restaurant and food business in Japan. It operates in four divisions: Food, Delicatessen, Restaurant, and Fresh Meat. It is engaged in the manufacturing and sale of dressed meat, prepared food, Shigure-cooking food (food boiled in soy sauce) and Japanese confectionery, as well as the operation of restaurants.

Kakiyasu Honten Co Headlines

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