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Mitsui High-tec (TSE:6966) Net Cash per Share : 円-1,636.48 (As of Jan. 2024)


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What is Mitsui High-tec 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). Mitsui High-tec's Net Cash per Share for the quarter that ended in Jan. 2024 was 円-1,636.48.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Mitsui High-tec was 177.91. The lowest was 4.84. And the median was 6.80.

TSE:6966's Price-to-Net-Cash is not ranked *
in the Semiconductors industry.
Industry Median: 9.98
* Ranked among companies with meaningful Price-to-Net-Cash only.

Mitsui High-tec Net Cash per Share Historical Data

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec Net Cash per Share Chart

Mitsui High-tec Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -666.99 -847.29 -1,138.31 -1,244.51 -1,636.48

Mitsui High-tec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1,244.51 -1,256.80 -1,306.11 -1,373.88 -1,636.48

Competitive Comparison of Mitsui High-tec's Net Cash per Share

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec's Price-to-Net-Cash Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Price-to-Net-Cash distribution charts can be found below:

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



Mitsui High-tec 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.

Mitsui High-tec's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Net Cash per Share (A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(39248-98703-359)/36.5504
=-1,636.48

Mitsui High-tec's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(39248-98703-359)/36.5504
=-1,636.48

* 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.


Mitsui High-tec  (TSE:6966) 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.


Mitsui High-tec Net Cash per Share Related Terms

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Mitsui High-tec (TSE:6966) Business Description

Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

Mitsui High-tec (TSE:6966) Headlines

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