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Rohm Co (TSE:6963) Net Current Asset Value : 円260.38 (As of Dec. 2023)


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What is Rohm Co Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Rohm Co's net current asset value per share for the quarter that ended in Dec. 2023 was 円260.38.

The historical rank and industry rank for Rohm Co's Net Current Asset Value or its related term are showing as below:

TSE:6963' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.34   Med: 2.18   Max: 11.78
Current: 10.1

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rohm Co was 11.78. The lowest was 1.34. And the median was 2.18.

TSE:6963's Price-to-Net-Current-Asset-Value is ranked worse than
70.01% of 717 companies
in the Semiconductors industry
Industry Median: 5.81 vs TSE:6963: 10.10

Rohm Co Net Current Asset Value Historical Data

The historical data trend for Rohm Co's Net Current Asset Value 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.

Rohm Co Net Current Asset Value Chart

Rohm Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 964.88 1,015.31 1,097.14 1,135.10 204.54

Rohm Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Current Asset Value 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 1,135.10 1,152.01 364.44 260.38 204.54

Competitive Comparison of Rohm Co's Net Current Asset Value

For the Semiconductors subindustry, Rohm Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Rohm Co's Price-to-Net-Current-Asset-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rohm Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Rohm Co's Price-to-Net-Current-Asset-Value falls into.



Rohm Co Net Current Asset Value Calculation

Rohm Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(A: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(592747-513175-630-0)/385.941
=204.54

Rohm Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(584347-483262-595-0)/385.941
=260.38

* 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.


Rohm Co  (TSE:6963) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Rohm Co Net Current Asset Value Related Terms

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Rohm Co (TSE:6963) Business Description

Traded in Other Exchanges
Address
21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto, JPN, 615-8585
Rohm Co Ltd is a Japan-based company that manufactures and distributes electronic components for use in automotive, transportation, medical, healthcare, audiovisual, telecommunications, digital power, computer and peripherals, and home appliance end markets. Its product portfolio includes integrated circuits in memory, amplifiers, switches, data converters, and microcontrollers; discrete semiconductors, such as transistors and diodes; power devices; passive devices, such as resistors and capacitors; and optoelectronic devices.

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