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France Bed Holdings Co (TSE:7840) Net Current Asset Value : 円209.12 (As of Dec. 2023)


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What is France Bed Holdings 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).

France Bed Holdings Co's net current asset value per share for the quarter that ended in Dec. 2023 was 円209.12.

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

TSE:7840' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.5   Med: 4.88   Max: 8.22
Current: 5.81

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of France Bed Holdings Co was 8.22. The lowest was 3.50. And the median was 4.88.

TSE:7840's Price-to-Net-Current-Asset-Value is ranked worse than
62.01% of 279 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.31 vs TSE:7840: 5.81

France Bed Holdings Co Net Current Asset Value Historical Data

The historical data trend for France Bed Holdings 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.

France Bed Holdings Co Net Current Asset Value Chart

France Bed Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 251.94 245.51 193.45 120.73 177.98

France Bed Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 150.97 177.98 182.48 209.74 209.12

Competitive Comparison of France Bed Holdings Co's Net Current Asset Value

For the Furnishings, Fixtures & Appliances subindustry, France Bed Holdings 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.


France Bed Holdings Co's Price-to-Net-Current-Asset-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, France Bed Holdings Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



France Bed Holdings Co Net Current Asset Value Calculation

France Bed Holdings Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(32966-26555-0-0)/36.0205
=177.98

France Bed Holdings 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)
=(33020-25484-0-0)/36.0359
=209.12

* 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.


France Bed Holdings Co  (TSE:7840) 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.


France Bed Holdings Co Net Current Asset Value Related Terms

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France Bed Holdings Co (TSE:7840) Business Description

Traded in Other Exchanges
N/A
Address
Shinjuku Square Tower 6F, Tokyo, JPN
France Bed Holdings Co Ltd operates a holding company which provides management strategy and audits the business activities of all group companies. It operates through the following divisions: Medical Services Business, Home Furnishing and Health Business, and Others. The Medical Services division manufactures, purchases, leases, retails and wholesales nursing beds and welfare equipment. The Home Furnishing division manufactures, purchases, and wholesales beds, furniture, and bedroom products. The Others division involves the door-to-door selling, sells daily necessities, exhibit hall construction and real estate leasing businesses.

France Bed Holdings Co (TSE:7840) Headlines

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