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Tokushu Tokai Paper Co (TSE:3708) Net Cash per Share : 円-3,867.22 (As of Dec. 2023)


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What is Tokushu Tokai Paper 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). Tokushu Tokai Paper Co's Net Cash per Share for the quarter that ended in Dec. 2023 was 円-3,867.22.

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

TSE:3708's Price-to-Net-Cash is not ranked *
in the Forest Products industry.
Industry Median: 6.86
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tokushu Tokai Paper Co Net Cash per Share Historical Data

The historical data trend for Tokushu Tokai Paper 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.

Tokushu Tokai Paper Co Net Cash per Share Chart

Tokushu Tokai Paper 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 -3,735.82 -3,702.56 -3,064.38 -3,349.56 -3,431.81

Tokushu Tokai Paper 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 -4,163.02 -3,431.81 -3,722.54 -3,863.36 -3,867.22

Competitive Comparison of Tokushu Tokai Paper Co's Net Cash per Share

For the Paper & Paper Products subindustry, Tokushu Tokai Paper 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.


Tokushu Tokai Paper Co's Price-to-Net-Cash Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokushu Tokai Paper Co's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tokushu Tokai Paper Co's Price-to-Net-Cash falls into.



Tokushu Tokai Paper 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.

Tokushu Tokai Paper 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)
=(10298-44773-6344)/11.8943
=-3,431.81

Tokushu Tokai Paper 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)
=(10982-49834-6763)/11.7953
=-3,867.22

* 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.


Tokushu Tokai Paper Co  (TSE:3708) 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.


Tokushu Tokai Paper Co Net Cash per Share Related Terms

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Tokushu Tokai Paper Co (TSE:3708) Business Description

Traded in Other Exchanges
N/A
Address
Zyouwa Yaesu Build 6F, Tokyo, JPN
Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.

Tokushu Tokai Paper Co (TSE:3708) Headlines

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