Stockcalc – Free Trial
Have a free look inside the StockCalc website at www.stockcalc.com
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 NYSE
Today’s data is for companies listed on the New York Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| ENIA | Enel Americas SA | 11.580000 | 1149052830 | 46.3874 | 2.0146 | 1566.95 | -906.17 |
| MNK | Mallinckrodt PLC | 13.410000 | 86387326 | 0.7225 | 0.1731 | 14.60 | -63.36 |
| KEN | Kenon Holdings Ltd | 15.670000 | 53826749 | None | 0.8629 | 26.33 | 7.08 |
| UIS | Unisys Corp | 11.150000 | 50639210 | None | None | 14.49 | 1.76 |
| CYH | Community Health Systems Inc | 3.830000 | 116319124 | None | 0.4329 | 4.84 | -114.77 |
| XIN | Xinyuan Real Estate Co Ltd | 5.170000 | 64983022 | 8.4169 | 0.3565 | 12.41 | -26.20 |
| SDLP | Seadrill Partners LLC | 3.280000 | 91821600 | 2.1717 | 0.2352 | 9.21 | -27.82 |
| KODK | Eastman Kodak Co | 4.900000 | 42642450 | 2.6796 | None | 8.07 | -1.38 |
| AOI | Alliance One International Inc | 21.350000 | 9008725 | 3.6328 | 0.7637 | 23.25 | -138.27 |
| BPI | Bridgepoint Education Inc | 6.120000 | 27157986 | 18.9688 | 1.2833 | 6.82 | 4.08 |
| LEJU | Leju Holdings Ltd | 1.090000 | 135763962 | None | 0.5403 | 1.54 | None |
| HOS | Hornbeck Offshore Services Inc | 3.640000 | 37147663 | 5.1096 | 0.0964 | 5.03 | -24.07 |
| SDRL | Seadrill Ltd | 0.280000 | 504444280 | None | 0.0208 | 2.67 | -15.82 |
| NM | Navios Maritime Holdings Inc | 0.809300 | 124709280 | None | 0.1981 | 0.92 | -12.26 |
| PKD | Parker Drilling Co | 0.610100 | 139219872 | None | 0.2747 | 1.02 | -3.13 |
| UTI | Universal Technical Institute Inc | 3.030000 | 25009726 | None | 0.4679 | 3.46 | 1.74 |
| GSL | Global Ship Lease Inc | 1.180000 | 55015690 | None | 0.2558 | 1.33 | -5.91 |
| CGA | China Green Agriculture Inc | 1.250000 | 38551265 | 1.8939 | 0.1150 | 3.77 | 3.42 |
| MN | Manning & Napier Inc | 3.150000 | 15263565 | 12.6000 | 0.3000 | 5.13 | 5.32 |
| PQ | Petroquest Energy Inc | 0.596700 | 25587441 | None | None | 0.61 | -11.48 |
| WMLP | Westmoreland Resource Partners LP | 1.008000 | 1284840 | None | 14.8853 | 28.59 | -223.45 |
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.
ENIA:NYS Enel Americas
http://www.enersis.cl
Enel Americas has 10324 employees and is headquartered in Chile.
Enel Americas SA, generates, transmits and distributes electric energy in Chile, Argentina, Brazil, Colombia and Peru.
CYH:NYS Community Health Systems
http://www.chs.net
Community Health Systems has 95000 employees and is headquartered in United States.
Community Health Systems Inc is a operators of general acute care hospitals. The company operates in hospital operations which includes its general acute care hospitals and related healthcare entities.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.
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.