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ESCON Japan REIT Investment (TSE:2971) Net Cash per Share : 円-96,683.86 (As of Jul. 2023)


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What is ESCON Japan REIT Investment 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). ESCON Japan REIT Investment's Net Cash per Share for the quarter that ended in Jul. 2023 was 円-96,683.86.

The historical rank and industry rank for ESCON Japan REIT Investment's Net Cash per Share or its related term are showing as below:

TSE:2971's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 20.585
* Ranked among companies with meaningful Price-to-Net-Cash only.

ESCON Japan REIT Investment Net Cash per Share Historical Data

The historical data trend for ESCON Japan REIT Investment'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.

ESCON Japan REIT Investment Net Cash per Share Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22
Net Cash per Share
-86,930.62 -90,035.10 -89,194.97 -96,629.34

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -97,671.24 -96,629.34 -95,124.95 -96,683.86 -

Competitive Comparison of ESCON Japan REIT Investment's Net Cash per Share

For the REIT - Retail subindustry, ESCON Japan REIT Investment'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.


ESCON Japan REIT Investment's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ESCON Japan REIT Investment's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where ESCON Japan REIT Investment's Price-to-Net-Cash falls into.



ESCON Japan REIT Investment 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.

ESCON Japan REIT Investment's Net Cash per Share for the fiscal year that ended in Jul. 2022 is calculated as

Net Cash per Share (A: Jul. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2628.014-36638.644-0)/0.35197
=-96,629.34

ESCON Japan REIT Investment's Net Cash per Share for the quarter that ended in Jul. 2023 is calculated as

Net Cash per Share (Q: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2318.451-36348.27-0)/0.35197
=-96,683.86

* 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.


ESCON Japan REIT Investment  (TSE:2971) 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.


ESCON Japan REIT Investment Net Cash per Share Related Terms

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ESCON Japan REIT Investment (TSE:2971) Business Description

Traded in Other Exchanges
N/A
Address
Try Edge Ochanomizu Building, 12th Floor, 4-2-5 kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust which invests in commercial properties. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.

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