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TechnoPro Holdings (TSE:6028) Net Current Asset Value : 円101.05 (As of Dec. 2023)


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What is TechnoPro Holdings 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).

TechnoPro Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was 円101.05.

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

TSE:6028' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 25.99   Med: 87.71   Max: 1804.09
Current: 27.38

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of TechnoPro Holdings was 1804.09. The lowest was 25.99. And the median was 87.71.

TSE:6028's Price-to-Net-Current-Asset-Value is ranked worse than
93.21% of 574 companies
in the Business Services industry
Industry Median: 4.26 vs TSE:6028: 27.38

TechnoPro Holdings Net Current Asset Value Historical Data

The historical data trend for TechnoPro Holdings'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.

TechnoPro Holdings Net Current Asset Value Chart

TechnoPro Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.46 -78.26 31.10 7.32 76.17

TechnoPro Holdings 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 37.44 76.17 45.92 101.05 -

Competitive Comparison of TechnoPro Holdings's Net Current Asset Value

For the Staffing & Employment Services subindustry, TechnoPro Holdings'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.


TechnoPro Holdings's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TechnoPro Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



TechnoPro Holdings Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(76657-67255-1233-0)/107.25
=76.17

TechnoPro Holdings'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)
=(78272-66541-934-0)/106.843
=101.05

* 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.


TechnoPro Holdings  (TSE:6028) 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.


TechnoPro Holdings Net Current Asset Value Related Terms

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TechnoPro Holdings (TSE:6028) Business Description

Traded in Other Exchanges
Address
Roppongi Hills Mori Tower 35th Floor, 6-10-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6135
TechnoPro Holdings Inc is a Japanese based company engaged in providing technical staffing and solutions. It provides technical services such as research and development and product development in various technical fields such as machinery, electricity, electronics, embedded control, information system, information infrastructure, plant engineering, chemistry, bio, medicine, and new materials. The company serves a range of industries such as automotive, semiconductors, telecommunications and aerospace.

TechnoPro Holdings (TSE:6028) Headlines

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