I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.
Trading at Less than Cash Value
Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.
What this Means…
Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.
Today’s Data on NASDAQ
Today’s data is for companies listed on the NASDAQ.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| CZR | Caesars Entertainment Corp | 9.150000 | 147184937 | None | None | 10.28 | -36.18 |
| TEDU | Tarena International Inc | 14.830000 | 55944298 | 25.1379 | 3.9196 | 18.31 | None |
| YTRA | Yatra Online Inc | 8.330000 | 33809313 | None | 6.6134 | 85.15 | 83.68 |
| CEMP | Cempra Inc | 4.050000 | 52381530 | None | 1.0207 | 4.75 | 4.43 |
| NIHD | NII Holdings Inc | 1.950000 | 100783074 | 0.2606 | 0.7732 | 2.87 | -3.64 |
| AMCN | AirMedia Group Inc | 2.540000 | 62197822 | None | 0.4448 | 3.52 | 1.40 |
| OPHT | Ophthotech Corp | 4.240000 | 35697696 | None | None | 4.64 | 5.90 |
| CXRX | Concordia International Corp | 2.300000 | 51017004 | None | 0.3898 | 3.19 | -60.38 |
| ADVM | Adverum Biotechnologies Inc | 2.650000 | 41718515 | None | 0.4680 | 5.54 | 1.21 |
| GURE | Gulf Resources Inc | 1.970000 | 46789137 | 2.4625 | 0.2576 | 3.02 | 2.96 |
| UTSI | UTStarcom Holdings Corp | 1.800000 | 36460201 | None | 0.6930 | 2.23 | 8.49 |
| OREX | Orexigen Therapeutics Inc | 4.440000 | 14586771 | None | 0.8822 | 5.10 | -8.67 |
| BEBE | bebe stores Inc | 6.110100 | 8066805 | None | 0.4256 | 8.28 | 11.33 |
| TRIL | Trillium Therapeutics Inc | 5.900000 | 7817883 | None | 1.7959 | 7.11 | 7.08 |
| DMTX | Dimension Therapeutics Inc | 1.675000 | 25043506 | None | 0.5823 | 2.99 | 2.72 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.773800 | 13819669 | 12.6082 | 0.2657 | 3.09 | 0.44 |
| GIGM | GigaMedia Ltd | 3.100000 | 11052235 | None | 0.5442 | 6.13 | 5.90 |
| ABAC | Aoxin Tianli Group Inc | 2.890000 | 7988245 | 13.1364 | 0.2658 | 6.85 | 6.51 |
| ONTX | Onconova Therapeutics Inc | 2.810000 | 6759895 | None | 2.0681 | 3.81 | None |
| CYCC | Cyclacel Pharmaceuticals Inc | 3.920000 | 4251229 | None | 0.9837 | 4.24 | 2.70 |
| VISN | VisionChina Media Inc | 2.820000 | 5137098 | None | 0.4531 | 2.92 | -10.13 |
| CREG | China Recycling Energy Corp | 1.691100 | 8310198 | 5.4552 | 0.0667 | 4.90 | -1.18 |
| KBSF | KBS Fashion Group Ltd | 7.020000 | 1767911 | None | 0.1246 | 14.63 | 13.73 |
| CDOR | Condor Hospitality Trust Inc | 2.143900 | 4956835 | None | 3.3324 | 2.29 | -10.79 |
| CBIO | Catalyst Biosciences Inc | 6.090000 | 801760 | 2.2556 | 0.2491 | 11.62 | -25.38 |
Let’s look at a few companies…
Lets look at a couple of the companies on this list to get a better understanding of them.
CEMP:NAS Cempra
http://www.cempra.com
Cempra has 93 employees and is headquartered in United States.
Cempra Inc is a clinical-stage pharmaceutical company. It develops antibiotics for acute care & community settings to meet critical medical needs in treatment of bacterial infectious diseases, respiratory tract & chronic staphylococcal infections.
NIHD:NAS NII Holdings
http://www.nii.com
NII Holdings has 2875 employees and is headquartered in United States.
NII Holdings Inc provides wireless communication services under the Nextel brand. The Company’s services include mobile telephone voice service, push-to-talk services, wireless data services, business solutions and voice and data roaming services.
Free Valuation
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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.