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Mobile Factory (TSE:3912) Net Current Asset Value : 円301.82 (As of Mar. 2024)


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What is Mobile Factory 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).

Mobile Factory's net current asset value per share for the quarter that ended in Mar. 2024 was 円301.82.

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

TSE:3912' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.98   Med: 3.49   Max: 8.2
Current: 2.11

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mobile Factory was 8.20. The lowest was 1.98. And the median was 3.49.

TSE:3912's Price-to-Net-Current-Asset-Value is ranked better than
74.73% of 376 companies
in the Interactive Media industry
Industry Median: 4.065 vs TSE:3912: 2.11

Mobile Factory Net Current Asset Value Historical Data

The historical data trend for Mobile Factory'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.

Mobile Factory Net Current Asset Value Chart

Mobile Factory Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.29 274.14 321.56 360.07 321.12

Mobile Factory 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 366.42 274.47 296.87 321.12 301.82

Competitive Comparison of Mobile Factory's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Mobile Factory'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.


Mobile Factory's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Mobile Factory's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Mobile Factory Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3396.4-865.562-0-0)/7.88134
=321.12

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

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2962.069-637.477-0-0)/7.702
=301.82

* 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.


Mobile Factory  (TSE:3912) 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.


Mobile Factory Net Current Asset Value Related Terms

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Mobile Factory (TSE:3912) Business Description

Traded in Other Exchanges
N/A
Address
1-24-2 Higashi Gotanda, 8th Floor, Higashi Gotanda 1-chome Building, Shinagawa-ku, Tokyo, JPN, 141-0022
Mobile Factory Inc engages in the social apps and mobile content businesses in Japan. The company develops social games and communication tools; and produces mobile content. It also produces mobile music content and other music, such as ringtones. Social Application Service is focus on delivering services of game application through SNS platforms and application markets. Contents Service mainly provides sites, such as ringer melody and divination sites, which are operated by telecommunication carriers.

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