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 |
|---|---|---|---|---|---|---|---|
| KEN | Kenon Holdings Ltd | 15.630000 | 53826749 | None | 0.8558 | 26.33 | 7.08 |
| UIS | Unisys Corp | 11.850000 | 50964531 | None | None | 12.88 | 0.19 |
| XIN | Xinyuan Real Estate Co Ltd | 5.450000 | 64789338 | 5.6771 | 0.3557 | 13.81 | -37.55 |
| SDLP | Seadrill Partners LLC | 3.720000 | 91821600 | 2.4187 | 0.2620 | 9.24 | -27.44 |
| SN | Sanchez Energy Corp | 3.960000 | 85172408 | 11.2222 | None | 6.46 | -21.61 |
| SDRL | Seadrill Ltd | 0.630000 | 504444280 | None | 0.0484 | 2.67 | -15.82 |
| KODK | Eastman Kodak Co | 5.250000 | 42654527 | 4.9528 | 6.9980 | 7.34 | -2.11 |
| BPI | Bridgepoint Education Inc | 5.980000 | 27353520 | 35.1765 | 1.2773 | 6.26 | 4.05 |
| AOI | Alliance One International Inc | 18.000000 | 9008725 | 2.8617 | 0.6016 | 23.25 | -138.27 |
| HOS | Hornbeck Offshore Services Inc | 3.500000 | 37495205 | 4.7945 | 0.0913 | 4.98 | -23.84 |
| NM | Navios Maritime Holdings Inc | 0.780000 | 124709280 | None | 0.1885 | 1.02 | -12.47 |
| GSL | Global Ship Lease Inc | 1.510000 | 55015690 | None | 0.3244 | 1.66 | -5.61 |
| PKD | Parker Drilling Co | 0.577500 | 139385824 | None | 0.3021 | 0.85 | -3.30 |
| UTI | Universal Technical Institute Inc | 3.100000 | 25185474 | None | 0.5154 | 3.27 | 1.57 |
| JONE | Jones Energy Inc | 0.710100 | 102813564 | None | 0.2051 | 2.25 | -7.50 |
| CGA | China Green Agriculture Inc | 1.250000 | 38896945 | 1.9531 | 0.1098 | 3.95 | 3.71 |
| MN | Manning & Napier Inc | 3.100000 | 15325688 | 16.3158 | 0.2964 | 4.53 | 5.30 |
| WMLP | Westmoreland Resource Partners LP | 1.222400 | 1284840 | None | 14.8853 | 29.18 | -223.87 |
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.
SDLP:NYS Seadrill Partners
http://www.seadrillpartners.com
Seadrill Partners has 1199 employees and is headquartered in United Kingdom.
Seadrill Partners LLC is engaged in owing, operating and acquiring offshore drilling units. Its drilling rigs are under long-term contracts with oil companies such as Chevron, Total, BP and ExxonMobil.
SN:NYS Sanchez Energy
http://www.sanchezenergycorp.com
Sanchez Energy has None employees and is headquartered in United States.
Sanchez Energy Corp is an independent exploration and production company. It is engaged in exploration, acquisition, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast and others.
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.