Flair Writing Industries (BOM:544030) Net Cash per Share : ₹2.78 (As of Mar. 2024)

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What is Flair Writing Industries 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). Flair Writing Industries's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹2.78.

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

BOM:544030' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 90.32 Med: 90.32 Max: 102.48
Current: 102.48

During the past 6 years, the highest Price-to-Net-Cash Ratio of Flair Writing Industries was 102.48. The lowest was 90.32. And the median was 90.32.

BOM:544030's Price-to-Net-Cash is ranked worse than
93.3% of 672 companies
in the Industrial Products industry
Industry Median: 8.205 vs BOM:544030: 102.48

Flair Writing Industries Net Cash per Share Historical Data

The historical data trend for Flair Writing Industries'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.

Flair Writing Industries Net Cash per Share Chart

Flair Writing Industries Annual Data

Trend

Mar17

Mar18

Mar21

Mar22

Mar23

Mar24

Net Cash per Share

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-24.85

-19.18

-22.79

-23.57

2.78

Flair Writing Industries Semi-Annual Data
	Mar17	Mar18	Mar21	Mar22	Mar23	Mar24
Net Cash per Share	Get a 7-Day Free Trial			-24.85	-19.18	-22.79	-23.57	2.78

Competitive Comparison of Flair Writing Industries's Net Cash per Share

For the Business Equipment & Supplies subindustry, Flair Writing Industries'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.

Flair Writing Industries's Price-to-Net-Cash Distribution in the Industrial Products Industry

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

* The bar in red indicates where Flair Writing Industries's Price-to-Net-Cash falls into.

Flair Writing Industries 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.

Flair Writing Industries's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

	Net Cash per Share (A: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2382.3	-	2090.96	-	-1.99)	/	105.395
=	2.78

Flair Writing Industries's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

	Net Cash per Share (Q: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2382.3	-	2090.96	-	-1.99)	/	105.395
=	2.78

Flair Writing Industries (BOM:544030) 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.

Flair Writing Industries Net Cash per Share Related Terms

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Flair Writing Industries (BOM:544030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (BOM:544030) » Definitions » Net Cash per Share

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FLAIR:India

Address

63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067

Website

https://www.flairworld.in

Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

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