AirMedia Group (AMCN:NAS) and Ophthotech (OPHT:NAS) Trading at Less than Cash Value

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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 9.650000 147184937 None None 10.28 -36.18
YTRA Yatra Online Inc 9.520000 33809313 None 7.3237 85.15 83.68
CEMP Cempra Inc 3.850000 52392905 None 1.1002 4.42 4.13
AMCN AirMedia Group Inc 3.030000 62197822 None 0.5306 3.52 1.40
PCO Pendrell Corp 6.250000 24640244 9.7656 0.7631 7.09 8.67
OPHT Ophthotech Corp 3.210000 35808442 None None 3.74 5.88
ADVM Adverum Biotechnologies Inc 2.550000 42063237 None 0.4975 5.28 1.20
UTSI UTStarcom Holdings Corp 1.980000 36460201 None 0.7623 2.23 8.49
TRIL Trillium Therapeutics Inc 6.350000 7845184 None 2.5680 6.43 6.41
EVK Ever-Glory International Group Inc 2.695000 14792836 5.8587 0.4695 3.06 1.09
APWC Asia Pacific Wire & Cable Corp Ltd 2.750000 13819669 12.5000 0.2635 3.09 0.44
BEBE bebe stores Inc 4.290000 8066805 None 0.2988 8.28 11.33
GIGM GigaMedia Ltd 3.090000 11052235 None 0.5424 6.13 5.90
ZAIS ZAIS Group Holdings Inc 2.330100 14649840 None 0.7692 5.17 -21.19
OREX Orexigen Therapeutics Inc 2.650000 11246673 None 0.5225 8.22 -6.55
EGT Entertainment Gaming Asia Inc 1.820000 14464220 None 0.6825 2.42 0.72
ABAC Aoxin Tianli Group Inc 2.660000 7988245 22.1667 0.2526 6.82 6.49
ONTX Onconova Therapeutics Inc 2.771400 6772659 None 4.3681 3.16 None
GLBR Global Brokerage Inc 2.000000 6143305 0.1160 None 140.45 114.18
TEAR TearLab Corp 2.280000 5367156 None None 2.88 -2.05
VISN.DL VisionChina Media Inc 2.240000 5137098 None 0.3599 2.92 -10.13
KBSF KBS Fashion Group Ltd 5.480000 1767911 None 0.0973 14.63 13.73
CLNT Cleantech Solutions International Inc 6.720000 1309121 None 0.1135 9.10 6.72
CBIO Catalyst Biosciences Inc 5.450000 1241636 2.4222 0.4211 8.27 -7.36
ROSG Rosetta Genomics Ltd 2.710000 1868121 None 1.1462 3.30 1.27

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.

AMCN:NAS AirMedia Group

http://www.airmedia.net.cn
AirMedia Group has 415 employees and is headquartered in China.
AirMedia Group Inc is an operator of out-of-home advertising platforms targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market. It holds concession rights to install and operate Wi-Fi systems on trains.

OPHT:NAS Ophthotech

http://www.ophthotechinc.com
Ophthotech has 156 employees and is headquartered in United States.
Ophthotech Corp is a biopharmaceutical company. The Company is engaged in the development of novel therapeutics to treat diseases of the back of the eye, developing therapeutics for age-related muscular degeneration.

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