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Eiken Chemical Co (TSE:4549) Net Cash per Share : 円75.64 (As of Dec. 2023)


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What is Eiken Chemical 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). Eiken Chemical Co's Net Cash per Share for the quarter that ended in Dec. 2023 was 円75.64.

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

TSE:4549' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 30.26   Med: 51.04   Max: 75.27
Current: 72.33

During the past 13 years, the highest Price-to-Net-Cash Ratio of Eiken Chemical Co was 75.27. The lowest was 30.26. And the median was 51.04.

TSE:4549's Price-to-Net-Cash is ranked worse than
94.75% of 324 companies
in the Medical Devices & Instruments industry
Industry Median: 7.15 vs TSE:4549: 72.33

Eiken Chemical Co Net Cash per Share Historical Data

The historical data trend for Eiken Chemical 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.

Eiken Chemical Co Net Cash per Share Chart

Eiken Chemical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.77 -121.74 -7.25 51.66 27.86

Eiken Chemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.66 35.62 64.36 75.64 27.86

Competitive Comparison of Eiken Chemical Co's Net Cash per Share

For the Medical Devices subindustry, Eiken Chemical 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.


Eiken Chemical Co's Price-to-Net-Cash Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eiken Chemical Co's Price-to-Net-Cash distribution charts can be found below:

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



Eiken Chemical 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.

Eiken Chemical Co's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(16645-15681-0)/34.5979
=27.86

Eiken Chemical 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)
=(17726-14925-0)/37.0288
=75.64

* 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.


Eiken Chemical Co  (TSE:4549) 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.


Eiken Chemical Co Net Cash per Share Related Terms

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Eiken Chemical Co (TSE:4549) Business Description

Traded in Other Exchanges
N/A
Address
4-19-9 Taito, Taito-ku, Tokyo, JPN, 110-8408
Eiken Chemical Co Ltd is a Japan-based company. It manufactures and sells clinical diagnostics and equipment. The company is engaged in processing, manufacture, purchase and sale of test agents, property and casualty insurance agency business. It as a general manufacturer of clinical diagnostics offers a wide range of in vitro diagnostic aids for all fields of medicine. Its major products include the Fecal immunochemical test, Molecular Genetics (LAMP), Microbiology, among many others.

Eiken Chemical Co (TSE:4549) Headlines

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