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DWANGO Co., (TSE:3715) Net Current Asset Value : 円283.35 (As of Jun. 2014)


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What is DWANGO Co., 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).

DWANGO Co.,'s net current asset value per share for the quarter that ended in Jun. 2014 was 円283.35.

The historical rank and industry rank for DWANGO Co.,'s Net Current Asset Value or its related term are showing as below:

TSE:3715' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.59   Med: 58.46   Max: 999.15
Current: 7.59

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of DWANGO Co., was 999.15. The lowest was 7.59. And the median was 58.46.

TSE:3715's Price-to-Net-Current-Asset-Value is not ranked
in the Software industry.
Industry Median: 5.24 vs TSE:3715: 7.59

DWANGO Co., Net Current Asset Value Historical Data

The historical data trend for DWANGO Co.,'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.

DWANGO Co., Net Current Asset Value Chart

DWANGO Co., Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Net Current Asset Value
Get a 7-Day Free Trial 266.64 274.39 232.00 204.95 249.50

DWANGO Co., Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 243.21 249.50 253.21 273.43 283.35

Competitive Comparison of DWANGO Co.,'s Net Current Asset Value

For the Information Technology Services subindustry, DWANGO Co.,'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.


DWANGO Co.,'s Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

* The bar in red indicates where DWANGO Co.,'s Price-to-Net-Current-Asset-Value falls into.



DWANGO Co., Net Current Asset Value Calculation

DWANGO Co.,'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2013 is calculated as

Net Current Asset Value Per Share(A: Sep. 2013 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(18297.582-8065.868-51.647-0)/40.8018
=249.50

DWANGO Co.,'s Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2014 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2014 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(21734.623-10034.397-139.165-0)/40.8018
=283.35

* 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.


DWANGO Co.,  (TSE:3715) 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.


DWANGO Co., Net Current Asset Value Related Terms

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DWANGO Co., (TSE:3715) Business Description

Traded in Other Exchanges
N/A
Address
DWANGO Co., Ltd. provides Internet content through cellular phones. The Company also plans, develops and manages network entertainment systems.

DWANGO Co., (TSE:3715) Headlines

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