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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 |
|---|---|---|---|---|---|---|---|
| YTRA | Yatra Online Inc | 10.790000 | 36989000 | None | 9.0288 | 77.83 | 76.49 |
| XNET | Xunlei Ltd | 3.310000 | 66183450 | None | 0.5420 | 3.69 | None |
| PCO | Pendrell Corp | 6.090000 | 24656646 | 55.3636 | 0.8387 | 6.12 | 8.67 |
| AMCN | AirMedia Group Inc | 1.600000 | 62197822 | None | 0.2802 | 3.52 | 1.40 |
| OPHT | Ophthotech Corp | 2.580000 | 35852827 | None | None | 2.58 | 5.87 |
| GURE | Gulf Resources Inc | 1.700000 | 46793791 | 2.0988 | 0.2212 | 3.69 | 3.64 |
| JRJC | China Finance Online Co Ltd | 2.050000 | 23619603 | 2.8118 | 0.5619 | 2.80 | 1.54 |
| OREX | Orexigen Therapeutics Inc | 2.970000 | 15227802 | None | 0.8756 | 5.03 | -6.60 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 3.050000 | 13819669 | 14.5238 | 0.3100 | 3.49 | 1.44 |
| EVK | Ever-Glory International Group Inc | 2.600000 | 14792836 | 4.7273 | 0.4559 | 4.06 | 1.89 |
| VLRX | Valeritas Holdings Inc | 4.950000 | 6842978 | 3.5106 | 1.1559 | 7.48 | 2.64 |
| PRPH | ProPhase Labs Inc | 1.970000 | 17156776 | 2.2907 | 0.6670 | 2.49 | 2.49 |
| GIGM | GigaMedia Ltd | 3.029900 | 11052235 | None | 0.5655 | 5.91 | 5.67 |
| ZAIS | ZAIS Group Holdings Inc | 2.270000 | 14680782 | None | 0.8137 | 3.05 | -23.63 |
| ATEC | Alphatec Holdings Inc | 1.980000 | 10857733 | None | None | 2.35 | -1.58 |
| DRYS | DryShips Inc | 1.970000 | 9628842 | None | 0.0470 | 41.32 | 22.93 |
| ANTH | Anthera Pharmaceuticals Inc | 1.610000 | 10076164 | None | 6.7991 | 2.05 | 0.26 |
| ABAC | Aoxin Tianli Group Inc | 2.010000 | 7983745 | 14.6667 | 0.1892 | 7.08 | 6.75 |
| GLBR | Global Brokerage Inc | 2.050000 | 6143305 | 0.9318 | None | 85.35 | 58.77 |
| VISN.DL | VisionChina Media Inc | 2.240000 | 5137098 | None | 0.3599 | 2.92 | -10.13 |
| TEAR | TearLab Corp | 1.820000 | 5735732 | None | None | 2.27 | -2.42 |
| ROSG | Rosetta Genomics Ltd | 1.960000 | 2588086 | None | 1.1484 | 2.38 | 0.91 |
| KBSF | KBS Fashion Group Ltd | 2.790000 | 1772016 | None | 0.0593 | 14.59 | 13.70 |
| MDGS | Medigus Ltd | 2.309900 | 1992571 | None | 1.2582 | 4.23 | None |
| NURO | NeuroMetrix Inc | 3.490000 | 1268465 | None | 0.5638 | 5.44 | 7.25 |
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.
PCO:NAS Pendrell
http://www.pendrell.com
Pendrell has 14 employees and is headquartered in United States.
Pendrell Corp is engaged in licensing and selling its IP rights. The company through its subsidiaries provides IP licensing programs digital media, digital cinema, wireless technologies, and memory and storage technologies.
APWC:NAS Asia Pacific Wire & Cable
http://www.apwcc.com
Asia Pacific Wire & Cable has 1389 employees and is headquartered in Taiwan, Province of China.
Asia Pacific Wire & Cable Corp Ltd manufactures and distributes telecommunications and power cable and enameled wire products in Singapore, Thailand, Australia, the People’s Republic of China.
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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.