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Optorun Co (TSE:6235) Net Cash per Share : 円248.30 (As of Dec. 2023)


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What is Optorun 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). Optorun Co's Net Cash per Share for the quarter that ended in Dec. 2023 was 円248.30.

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

TSE:6235' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.57   Med: 11.5   Max: 24.21
Current: 8.33

During the past 9 years, the highest Price-to-Net-Cash Ratio of Optorun Co was 24.21. The lowest was 6.57. And the median was 11.50.

TSE:6235's Price-to-Net-Cash is ranked better than
50.83% of 663 companies
in the Industrial Products industry
Industry Median: 8.4 vs TSE:6235: 8.33

Optorun Co Net Cash per Share Historical Data

The historical data trend for Optorun 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.

Optorun Co Net Cash per Share Chart

Optorun Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only 124.51 183.47 316.29 95.38 248.30

Optorun 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 95.38 25.97 117.98 163.68 248.30

Competitive Comparison of Optorun Co's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Optorun 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.


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

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

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



Optorun 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.

Optorun Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(33054.217-21574.988-600.182)/43.8149
=248.30

Optorun 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)
=(33054.217-21574.988-600.182)/43.8149
=248.30

* 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.


Optorun Co  (TSE:6235) 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.


Optorun Co Net Cash per Share Related Terms

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Optorun Co (TSE:6235) Business Description

Traded in Other Exchanges
N/A
Address
Takeno 10-1, Saitama-ken, Kawagoe, JPN, 350-0801
Optorun Co Ltd is engaged in manufacturing, distribution and import/export of vacuum coating machines, peripheral equipment, and units using vacuum coating products. Precise control and physical vapor deposition (PVD) speed stabilization, are the pillars of thin film manufacturing technology. It uses such technology for the performance of RF ion sources, optical film thickness monitors, and sensor units. The company utilizes vacuum deposition equipment in the antireflection coating and hard coating for mobile phones, heat transmission mirrors are used in medical lighting, DVD pickup lenses, and other products.

Optorun Co (TSE:6235) Headlines

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