GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Kosei Securities Co Ltd (TSE:8617) » Definitions » Net Cash per Share

The Kosei Securities Co (TSE:8617) Net Cash per Share : 円99.47 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is The Kosei Securities Co Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). The Kosei Securities Co's Net Cash per Share for the quarter that ended in Dec. 2023 was 円99.47.

The historical rank and industry rank for The Kosei Securities Co's Net Cash per Share or its related term are showing as below:

TSE:8617' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.09   Med: 2.45   Max: 8.87
Current: 6.32

During the past 13 years, the highest Price-to-Net-Cash Ratio of The Kosei Securities Co was 8.87. The lowest was 1.09. And the median was 2.45.

TSE:8617's Price-to-Net-Cash is ranked better than
50.25% of 201 companies
in the Capital Markets industry
Industry Median: 6.55 vs TSE:8617: 6.32

The Kosei Securities Co Net Cash per Share Historical Data

The historical data trend for The Kosei Securities Co's Net Cash per Share 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.

The Kosei Securities Co Net Cash per Share Chart

The Kosei Securities Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 527.22 408.66 249.67 306.73 294.45

The Kosei Securities Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share 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 258.59 294.45 132.04 68.56 99.47

Competitive Comparison of The Kosei Securities Co's Net Cash per Share

For the Capital Markets subindustry, The Kosei Securities Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


The Kosei Securities Co's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Kosei Securities Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where The Kosei Securities Co's Price-to-Net-Cash falls into.



The Kosei Securities Co Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

The Kosei Securities Co's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(8494-5711-0)/9.4514
=294.45

The Kosei Securities Co's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6791-5851-0)/9.4503
=99.47

* 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.


The Kosei Securities Co  (TSE:8617) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


The Kosei Securities Co Net Cash per Share Related Terms

Thank you for viewing the detailed overview of The Kosei Securities Co's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The Kosei Securities Co (TSE:8617) Business Description

Traded in Other Exchanges
N/A
Address
1-10 Kitahama 2-Chome, Chuo-Ku, Osaka, JPN, 541-0041
The Kosei Securities Co Ltd operates in the capital market industry. The company provides brokerage service, underwriting service, and other services related to securities.

The Kosei Securities Co (TSE:8617) Headlines

No Headlines