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Ahresty (TSE:5852) Net Cash per Share : 円-2,758.77 (As of Dec. 2023)


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What is Ahresty 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). Ahresty's Net Cash per Share for the quarter that ended in Dec. 2023 was 円-2,758.77.

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

TSE:5852's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.205
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ahresty Net Cash per Share Historical Data

The historical data trend for Ahresty'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.

Ahresty Net Cash per Share Chart

Ahresty 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 -2,427.34 -2,415.13 -2,506.87 -2,647.72 -2,600.77

Ahresty 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 -2,829.67 -2,600.77 -2,710.92 -2,835.80 -2,758.77

Competitive Comparison of Ahresty's Net Cash per Share

For the Metal Fabrication subindustry, Ahresty'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.


Ahresty's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ahresty's Price-to-Net-Cash distribution charts can be found below:

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



Ahresty 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.

Ahresty'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)
=(12991-80421-0)/25.9269
=-2,600.77

Ahresty'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)
=(10889-80775-0)/25.3323
=-2,758.77

* 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.


Ahresty  (TSE:5852) 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.


Ahresty Net Cash per Share Related Terms

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Ahresty (TSE:5852) Business Description

Traded in Other Exchanges
N/A
Address
1-38-1, Chuo, Sumitomo-Nakanosakaue Building 11F, Nakano-ku, Tokyo, JPN, 164-0011
Ahresty Corp is a Japan-based company engaged in the manufacture of die castings. The company operates in three business segments. Its Die casting business segment is mainly involved in production and sales of auto parts, general engine parts, industrial machinery parts, and dies particularly in Japan, North America, and Asia. The Aluminum business segment is comprised of smelting and sales of aluminum alloy ingots. Its Proprietary products business segment covers marketing access floors and its accessories.

Ahresty (TSE:5852) Headlines

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