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Zojirushi (TSE:7965) Net Current Asset Value : 円827.81 (As of Feb. 2024)


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What is Zojirushi 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).

Zojirushi's net current asset value per share for the quarter that ended in Feb. 2024 was 円827.81.

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

TSE:7965' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.9   Med: 2.09   Max: 3.86
Current: 1.86

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zojirushi was 3.86. The lowest was 0.90. And the median was 2.09.

TSE:7965's Price-to-Net-Current-Asset-Value is ranked better than
76.26% of 278 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.275 vs TSE:7965: 1.86

Zojirushi Net Current Asset Value Historical Data

The historical data trend for Zojirushi'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.

Zojirushi Net Current Asset Value Chart

Zojirushi Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 688.90 723.98 765.33 801.85 823.11

Zojirushi Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 807.79 828.02 819.99 823.11 827.81

Competitive Comparison of Zojirushi's Net Current Asset Value

For the Furnishings, Fixtures & Appliances subindustry, Zojirushi'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.


Zojirushi's Price-to-Net-Current-Asset-Value Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Zojirushi Net Current Asset Value Calculation

Zojirushi's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2023 is calculated as

Net Current Asset Value Per Share(A: Nov. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(83640-27121-818-0)/67.6711
=823.11

Zojirushi's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2024 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(85145-28248-878-0)/67.6711
=827.81

* 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.


Zojirushi  (TSE:7965) 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.


Zojirushi Net Current Asset Value Related Terms

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Zojirushi (TSE:7965) Business Description

Traded in Other Exchanges
N/A
Address
19-9,1-Chome Tenma, Kita-ku, Osaka, JPN, 530-0043
Zojirushi Corporation is a Japan-based firm that is mainly engaged in the manufacturing, sales, and distribution of cooking appliances, heat-insulating containers and household appliances. The company's products include rice cookers, water boilers, gourmet products, bread makers, coffee makers, thermos bottles, humidifiers, water purifiers, and others. The company is headquartered in Osaka, Japan, and also operates business in overseas areas, including the United States, China, South Korea, and other countries in South East Asia.

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