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Aichi Steel (TSE:5482) Net Cash per Share : 円-7,250.21 (As of Mar. 2024)


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What is Aichi Steel 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). Aichi Steel's Net Cash per Share for the quarter that ended in Mar. 2024 was 円-7,250.21.

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

TSE:5482's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 7.36
* Ranked among companies with meaningful Price-to-Net-Cash only.

Aichi Steel Net Cash per Share Historical Data

The historical data trend for Aichi Steel'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.

Aichi Steel Net Cash per Share Chart

Aichi Steel 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 -4,980.06 -5,320.66 -6,558.12 -6,760.61 -7,250.21

Aichi Steel 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 -6,760.61 -6,672.97 -6,742.90 -6,434.31 -7,250.21

Competitive Comparison of Aichi Steel's Net Cash per Share

For the Steel subindustry, Aichi Steel'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.


Aichi Steel's Price-to-Net-Cash Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aichi Steel's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Aichi Steel's Price-to-Net-Cash falls into.



Aichi Steel 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.

Aichi Steel'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)
=(49003-181098-11040)/19.7422
=-7,250.21

Aichi Steel's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(49003-181098-11040)/19.7422
=-7,250.21

* 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.


Aichi Steel  (TSE:5482) 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.


Aichi Steel Net Cash per Share Related Terms

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Aichi Steel (TSE:5482) Business Description

Traded in Other Exchanges
N/A
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

Aichi Steel (TSE:5482) Headlines

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