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Microwave Filter Co (Microwave Filter Co) Tangible Book per Share : $0.47 (As of Jun. 2019)


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What is Microwave Filter Co Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Microwave Filter Co's tangible book value per share for the quarter that ended in Jun. 2019 was $0.47.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Microwave Filter Co Tangible Book per Share Historical Data

The historical data trend for Microwave Filter Co's Tangible Book 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.

Microwave Filter Co Tangible Book per Share Chart

Microwave Filter Co Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.58 0.57 0.47 0.46

Microwave Filter Co Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Tangible Book 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 0.42 0.46 0.44 0.47 0.47

Competitive Comparison of Microwave Filter Co's Tangible Book per Share

For the Communication Equipment subindustry, Microwave Filter Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Microwave Filter Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Microwave Filter Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Microwave Filter Co's Price-to-Tangible-Book falls into.



Microwave Filter Co Tangible Book per Share Calculation

Microwave Filter Co's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.19-0-0)/2.57968
=0.46

Microwave Filter Co's Tangible Book Value Per Share for the quarter that ended in Jun. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.202-0-0)/2.57924
=0.47

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Microwave Filter Co  (OTCPK:MFCO) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Microwave Filter Co Tangible Book per Share Related Terms

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Microwave Filter Co (Microwave Filter Co) Business Description

Traded in Other Exchanges
N/A
Address
6743 Kinne Street, East Syracuse, Syracuse, NY, USA, 13057
Microwave Filter Co Inc operates in the United States and principally in one Industry. The Company extends credit to business customers, including original equipment manufacturers (OEMs), distributors and other end users, based upon ongoing credit evaluations. MFC designs, develops, manufactures and sells electronic filters, both for radio and microwave frequencies, to help process signal distribution and to prevent unwanted signals from disrupting transmit or receive operations. Markets served include 5G, cable television, television and radio broadcast, satellite broadcast, mobile radio and commercial and defense electronics.
Executives
Hummingbird Value Fund Lp other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See explanation of responses 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See explanation of responses C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Christopher N Argyrople 10 percent owner 50 MILK STREET, 21ST FLOOR, BOSTON MA 02109

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