Gulf Resources (GURE:NAS) and Concordia International (CXRX: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
CXDC China XD Plastics Co Ltd 4.700000 49511541 3.2639 0.3926 5.65 -11.27
CEMP Cempra Inc 3.100000 52509281 None 1.0681 3.56 3.33
OPHT Ophthotech Corp 2.520000 35942879 None None 3.92 5.86
MLNK ModusLink Global Solutions Inc 1.630000 55554589 None 1.3137 2.02 0.96
GURE Gulf Resources Inc 1.770000 46796848 2.1585 0.2176 3.77 3.72
SRRA Sierra Oncology Inc 1.564200 52268443 None 0.7280 2.23 0.46
CXRX Concordia International Corp 1.270000 51143978 None None 5.90 -63.98
INFI Infinity Pharmaceuticals Inc 1.250000 50689512 None 1.0757 1.31 1.10
ECYT Endocyte Inc 1.410000 42575444 None 0.5178 1.53 0.84
WLB Westmoreland Coal Co 2.550000 18742143 None None 3.07 -54.31
APWC Asia Pacific Wire & Cable Corp Ltd 2.950000 13819669 14.0476 0.2999 3.49 1.44
EVK Ever-Glory International Group Inc 2.500000 14792836 4.8077 0.4435 2.56 0.00
PRPH ProPhase Labs Inc 2.280000 16166796 2.6824 0.7906 2.31 2.31
OREX Orexigen Therapeutics Inc 2.340000 15430966 None None 2.38 -8.74
GIGM GigaMedia Ltd 2.980000 11052235 None 0.5473 6.01 5.77
TNXP Tonix Pharmaceuticals Holding Corp 4.250000 7508661 None 0.9394 4.58 0.24
VLRX Valeritas Holdings Inc 3.310000 6842978 3.5532 1.1979 6.18 1.20
ABAC Aoxin Tianli Group Inc 2.320700 7983745 None 0.2147 7.25 6.99
CBIO Catalyst Biosciences Inc 4.100000 4310561 None 0.5824 7.51 6.18
TEAR TearLab Corp 1.410000 5742453 None None 1.78 -2.98
GLBR Global Brokerage Inc 1.300000 6143305 0.8636 None 77.62 50.74
MDGS Medigus Ltd 2.030000 3025715 None 1.6791 2.78 None
KBSF KBS Fashion Group Ltd 2.560000 1772016 None 0.0551 13.49 12.01
KONE Kingtone Wirelessinfo Solution Holding Ltd 3.010000 1405000 15.0500 0.2306 4.00 10.61
ROSG Rosetta Genomics Ltd 1.410000 2639375 None 0.8425 2.34 0.90

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.

GURE:NAS Gulf Resources

http://www.gulfresourcesinc.com
Gulf Resources has 715 employees and is headquartered in China.
Gulf Resources Inc manufactures and trades bromine and crude salt, and manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents.

CXRX:NAS Concordia International

http://www.concordiarx.com
Concordia International has 516 employees and is headquartered in Canada.
Concordia International Corp is a specialty pharmaceutical company which owns a diversified portfolio of branded and generic prescription products. It focuses on generic and legacy pharmaceutical products.

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